Propionic Acid Market Size & Share, by Application (Animal Feed, Grain Preservatives, Food Preservatives, Herbicides, Cellulose Acetate Propionate), End User (Agriculture, Food & Beverage, Personal Care, Pharmaceutical), Sales Channel (Direct Sale, Indirect Sale) - Global Supply & Demand Analysis & Growth Forecasts, Statistics Report 2024-2036

Growth Drivers

• Growing animal feed market and livestock production - Animal feed is an indispensable part of contemporary livestock production since it provides the vital nutrients needed for animal development, health, and productivity. It is made up of a variety of nutrients, including proteins, carbs, vitamins, and minerals, that are specifically tailored to satisfy the dietary requirements of diverse animal species. Animal feed is used in many industries, such as aquaculture, pet care, cattle, and poultry.
  Propionic acid reduces mold and yeast and preserves grain, corn, and complex feed in animal feed applications. It enhances fermentation in applications involving silage. In addition, it is used as a synthetic building block for the synthesis of solvents, thermoplastics, crop protection agents, and seed treatment. This makes propionic acid an integral agent in producing and keeping animal feed and thus, pushes the propionic acid market revenue to have the anticipated gains.
• Growing bakery and confectionery industry - The rising bakery and confectionery industry will help to raise the demand for propionic acid even more. They are especially important in baking because they prevent the growth of bacteria, yeasts, and molds, which can compromise the safety and quality of baked goods. They prolong the freshness, texture, and flavor of bread, cakes, and other baked items. Additionally, they are essential in preserving the items' aesthetic appeal by halting the growth of mold and unwanted alterations to their color and consistency.
  The demand for exquisite breads and pastries is rising at the start of the twenty-first century—even faster than aspiring chefs can be taught. All these culinary applications are possible if the bakery products remain fresh and for that propionic acid is required in every bakery and confectionary station.
• Stringent food safety regulations - A vital component of the food manufacturing process is food safety. Food products tainted by poor food safety procedures may cause serious sickness or even death. Therefore, the government in every country is strict about the food safety regulations they impose in their country, especially regarding food preservatives like propionic acid. Propionic acid doesn’t contain plenty of health problems which is why propionic acid is a choice for different food safety governments. This factor is further supporting the growth of propionic acid market.

Challenges

• Low yield of productivity - The low production yield of the current models is one of their main drawbacks. As a result, numerous plans have been put out to get around this problem. It should be remembered, too, that elevated propionic acid concentrations impede the production of carboxylate during fermentation.
  Extractive fermentation is a useful technique for eliminating excess propionic acid. Reduced levels of byproducts and increased product yield are guaranteed by low acid content. Propionic acid fermentation has several restrictions, including the production of organic acids and the suppression of cell development during the process. This can hinder the propionic acid market growth rate by the projection period.
• Propionic acid cannot be produced industrially by fermentation unless the process costs are comparable to those of producing a PA by petrochemical methods such as ethylene carbonylation, hydrocarbons, and propanol oxidation.
• Competition from alternative preservatives