Global Sodium Propionate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Food Grade and Pharmaceutical Grade.

By Application;

Food, Pharmaceuticals, Agriculture & Animal Feed, Cosmetics, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn480082854 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sodium Propionate Market (USD Million), 2021 - 2031

In the year 2024, the Global Sodium Propionate Market was valued at USD 135.55 million. The size of this market is expected to increase to USD 184.47 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

The Global Sodium Propionate Market is witnessing substantial growth due to its versatile applications across various industries. Sodium propionate, a white crystalline solid with a slightly salty taste, is widely recognized for its efficacy as a preservative and antimicrobial agent. Its ability to inhibit the growth of mold and certain bacteria makes it a vital additive in the food industry, particularly in bakery products, dairy items, and processed foods. As consumer preferences shift towards ready-to-eat and convenience foods, the demand for effective preservatives like sodium propionate is on the rise, driving market expansion.

In addition to its prominent role in the food industry, sodium propionate finds significant applications in the pharmaceutical sector. It is commonly used in medications for its antifungal properties, addressing conditions such as skin infections and athlete's foot. The pharmaceutical industry's continuous growth, coupled with an increasing focus on health and wellness, is bolstering the demand for pharmaceutical-grade sodium propionate. Furthermore, its use in agriculture as a feed additive to prevent mold growth in livestock feed enhances animal health and productivity, contributing to market growth.

The cosmetics industry also benefits from the properties of sodium propionate, using it as a preservative to extend the shelf life of various products. Despite facing challenges such as regulatory restrictions and competition from alternative preservatives, the market is poised for further development. Innovations aimed at improving the safety and effectiveness of sodium propionate, along with its expanding applications, present lucrative opportunities for market players. As industries continue to prioritize product quality and safety, the global sodium propionate market is set to experience sustained growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Sodium Propionate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Processed Food Consumption
        2. Rising Health Awareness
        3. Expanding Pharmaceutical Applications
      2. Restraints
        1. Regulatory Challenges
        2. Alternative Preservatives
        3. Price Volatility
      3. Opportunities
        1. Emerging Markets Growth
        2. Innovations in Food Preservation
        3. Expansion in Agriculture Sector
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sodium Propionate Market, By Type, 2021 - 2031 (USD Million)
      1. Food Grade
      2. Pharmaceutical Grade
    2. Global Sodium Propionate Market, By Application, 2021 - 2031 (USD Million)
      1. Food
      2. Pharmaceuticals
      3. Agriculture & Animal Feed
      4. Cosmetics
      5. Others
    3. Global Sodium Propionate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Prathista Industries Ltd.
      2. Fine Organic Industries Private Limited
      3. Niacet Corporation
      4. Macco Organiques Inc.
      5. Foodchem International Corporation
      6. Tengzhou Tenglong Chemical Co. Ltd.
      7. Paul Lohmann GmbH KG
  7. Analyst Views
  8. Future Outlook of the Market