Propionic Acid and Derivatives Market Synopsis

Propionic Acid and Derivatives Market Size Was Valued at USD 1.11 Billion in 2023, and is Projected to Reach USD 1.50 Billion by 2032, Growing at a CAGR of  3.40% From 2024-2032.

The propionic acid and derivatives market covers the global supply, demand, and trade of propionic acid and salt or ester forms of this chemical compound which is a colourless liquid with an unpleasant smell. Propionic acid also has important application in food products as a preservative and as intermediates in the production of drugs, herbicides and cosmetics. Market drivers include, rising food preservation needs, rising agricultural production, and application in the chemical sector. By being a versatile chemical, propionic acid finds its usage across several end use industries and hence continues to grow steadily with increased usage across the world.

• Propionic acid and its derivatives market has stemmed noteworthy growth on the back of rising consumption in application segments including food preservation, agriculture, and pharmaceutical. Organic propionic acid is one of the most important preservative substances, which is used in food industry for increasing shelf’s life and for preservation against spoilage. Calcium propionate specially derivatives including calcium propionate is widely used in baked goods, dairy products, and animal feed praising the market. The increasing concern in relation to foods preservation and the increasing demand for proper means of preservation in situations of fresh food products, particularly in the food and beverage industries, are the main factors boosting the growth of the market. Further, the use of propionic acid in the agriculture industry formulation and as a herbicide, has accelerated the market expansion.
• Also, the expanded usage of propionic acid in pharmacology as a reagent in the synthesis of different drugs has also become new opportunities for market growth. For better returns on investment in the propionic acid and derivatives market, upcoming opportunities comprising of the growth in the pharmaceutical sector especially in the developing nations, and the trends of biological control agents like biopesticides along with environmentally degradable products are expected to contribute to the market growth in the future years. Also, matters concerning the environment, especially those concerning regulation on environmental sustainability are affecting the market, hence the innovations and development on the production of propionic acid. This situation makes the market in manufacturing suitable for growth especially as manufacturers work towards POSDCOB objectives. In total, the propionic acid and derivatives market is expected to sustain high growth due to the various uses and the newly shifted global economy focus on food safety, sustainability, and healthier populations.

Propionic Acid and Derivatives Market Trend Analysis

The Growing Role of Propionic Acid as a Food Preservative

• Increasing consumption of propionic acid in food preserving purposes is a key factor that is actuating growth in the propionic acid and derivatives market. Propionic acid is mainly used for controlling mold and bacteria hence used in preserving the shelf life in a number of foods such as baked foods and dairy products. For instance, it is applied in formulation of bread in a bid to minimize spoilage hence cutting down on wastage and hence improved quality. Thus, the importance of propionic acid rises even more, as consumers follow fresh and safe food consumption trends. Now that the food industry is gradually moving towards the use of cleaner labels and safe solutions for food preservation, propionic acid has been widely considered as the safer ingredient for food preserving processes for it meets the demands of consumers who prefer food products that do not contain non-synthetic chemical components. This growing preference also ties with the concept of clean label products which dictate that the ingredients must be pure and come from known sources making the propionic acid commercially viable in the food preservation industry.
• Also, the increased concern for licensing, regulatory, legal compliance, certifications for market that involves food has made manufacturers to look forward for efficient food preservation solution. Governments of various countries are setting higher standards for guarding food products from contamination which in turn fuels the need for effective preservatives such as propionic acid. The demand for organic food producers to reach the set standards and supply foods that meet regulatory measures coupled with the need to meet high quality requirements humane the use of propionic acid as it affirms to set regulations while positively impacting sensory properties of certain foods. This means the pressures of regulatory compliance and product improvement balance and becoming fundamental to food manufacturers. Moreover, as the concept of consume organic and natural products increases, it is expected that the incorporation of propionic acid for food applications to remain mantained establishing itself as one of the staples in the food industry while further refine its formulation and its uses.

Expanding Applications of Propionic Acid in Pharmaceuticals and Agriculture

• The propionic acid and its derivatives market is steadily growing because of constantly the discovered new fields of its usage, including the pharmaceutical and agricultural industries. Propionic acid finds application in the synthesis of a number of drugs in the pharmaceutical industry. It has a massive applications potentiality in the synthesis of anti inflammatory drugs, analgesic and the other Theraupetic . It is a versatile component in drug manufacturing because the compound helps increase stability and bioavailability of some formulations. Given the persistent need for efficient and safe drugs, the use of propionic acid in drug development should increase, thus opening new horizons for further development and application. Further, it is underlined that the industry continuously increases its research on new drug delivery systems where propionic acid can promote the improvement of therapeutic outcomes.
• In the agricultural sector by using propionic acid as a herbicide and pesticide, the firm is in harmony with the modern methods of farming that are environmentally friendly. This method being environmentally friendly to control weeds and pests without recourse to chemical substances is another reason it is attractive to farmers. With better and improved techniques being practiced in the agriculture industry in the global scale, propionic acid derivatives are poised to greater utilization in Integrated Pest Management system and organic farming. Moreover, the increasing demand for bioplastics and biodegradable products is another growth factor that has a corresponding opportunity for propionic acid derivatives, as most of these material contain naturals and bio based additives to help in the company’s fight against pollution. The amalgamation of sustainability and innovation is the main factor that is propelling forward the propionic acid market, and making it possible to capture new product niches, as well as strengthen its role as a strategic ingredient in various industries. In general, flexibility and ability to reorient in response to the often-changing requirements of the pharmaceuticals as well as agricultural industry ensure the steadiness of large propionic acid market over the years to come.

Propionic Acid and Derivatives Market Segment Analysis:

Propionic Acid and Derivatives Market Segmented based on By Product, By Grade, By Type and By Application

By Product, Propionic Acid  segment is expected to dominate the market during the forecast period

• Propionic acid is a colorless fluid with an attacking smell and having carboxyl attribute; it finds use as an antifungal and is used in several sectors. Some of the related abilities which have enhanced its role as a preservative include its effectiveness in the prevention of molds and fungi growth thus making it a basic input in the food and beverages especially the baking industry. Apart from enhancing food preservation propionic acid plays another role of reducing food waste which has become a massive problem around the world. Growth in concerns for convenience foods and increasing demand for natural preservatives due to bad effects of synthetic chemicals has also boosted propionic acid use.
• Besides using as food industries, this chemical is also very useful in animal feeds, especially in the feed of farm animals. When it is included in feed formulations it ensures the quality and safe feed for animals by restraining mold and as a result benefits animals through improved health and productivity of the animals. Given the fact that world population caters for continuously growing, then efficiency in food production is always a requirement and owing to this, propionic acid helps in feed stabilization and proper digestion. More over, as the consciousness regarding sustainability in farming up gains momentum, the application of propionic acid being a natural conservative in food and feed sector will witness further growth which in general is in sync with the sustainable farming and food security wave.

By Application, Food and Beverage segment held the largest share in 2023

• In the food and beverages industry, use of propionic acid is highly acceptable because it is a good preservative and is widely used in bakery products like bread, cakes and pastries. Its antifungal capability is fundamental in preventing the mold and yeasts that cause deterioration of food items. With the use of propionic acid in formulation, manufacturers are able to preserve these products for long in order to meet consumer expectations of safe foods for consumption. This capability is particularly valuable in the current dynamic consumer environment where there is increasing trends in the demand of convenience food. The use of propionic acid not only reduces the level of spoilage and improves safety of the foods but also progresses with the shifting customer culture of preference for products that can stay fresh for longer periods without the need for refrigeration.
• In addition, there is a growing trend in the acceptance of propionic acid more as a preservative owing to the general increase in acceptance of food additives by regulatory bodies and the general public. Given that all possible measures are being taken to reduce instances of food wastage, onset natural antioxidants are being sought by many food producers in place of synthetic ones. Propionic acid also naturally occurs which makes its inclusion into this paradigm right on par with what consumers are looking for in natural food preservatives with minimal amounts of artificial additive. Further it is not just limited to confectionery, it is used in dairy products, processed meats, other perishable goods proving its biphenotypic nature in the food and beverages industry. With advancement in the industry, the further development in the application of propionic acid is likely to boost the formulation of its products to improve food quality and safety.

Propionic Acid and Derivatives Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America and particularly the United States have exhibited steady demand for propionic acid and its derivatives, this is on the back of growth in the application of propionic acid and its derivatives in the food and feeds. Since consumer’s demand is inclining towards ease of preparation and ready to eat food products, manufacturers are wisely using propionic acid as effective preservative to improve the shelf life and safety of these products. This following comes mainly from cases of food- born illnesses, contamination and an increasing general concern about food preservation among food manufacturers. Therefore, propionic acid has assumed the position of something that kills mold and bacteria, and this makes it a useful addition to numerous food products especially in production of baking goods and milk products. It is part of the general trend towards quality and security associated with food products, meetings consumer expectations for products with greater shelf life and minimal hazards to health.
• In addition, US agriculture is very well developed, which influences the increased popularity of propionic acid for different purposes in addition to food conservation. Tons of propionic acid is used as a herbicide and fungicide to support the farmers act in the protection of their crops’ yield. While the methods of farming are advancing in terms of technology contemporary practices require propionic acid for pest and disease control hence the increased uptake in crop protection. The use of propionic acid as a feed preservative and as a growth promoter in livestock feeds deepens its market niche due to increased livestock producers’ focus on feed conversion and animal welfare. As more innovations continue to be developed in agriculture and more emphasis placed on concerns about sustainable food production, propionic acid will continue to experience increases in demand in North America in applications within agriculture for both food production and protection of the food chain.

Active Key Players in the Propionic Acid and Derivatives Market

• Kemin Industries, Inc.
• A.M FOOD CHEMICAL CO.LIMITED
• Perstorp
• BASF SE
• Biomin
• Dow
• Impextraco NV
• Palital Feed Additives B.V.
• Macco Organiques Inc.
• Finoric LLC
• Spectrum Chemical Manufacturing Corp.
• Niacet
• Monarch Chemicals Ltd
• Eastman Chemical Company
• Celanese Corporation
• Cayman Chemical
• NOVUS INTERNATIONAL
• Trouw Nutrition USA, LLC.
• Daicel Corporation
• Krishna Chemicals
• Other Key Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Propionic Acid and Derivatives Market by Product
 4.1 Propionic Acid and Derivatives Market Snapshot and Growth Engine
 4.2 Propionic Acid and Derivatives Market Overview
 4.3 Propionic Acid and Derivatives
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Propionic Acid and Derivatives: Geographic Segmentation Analysis

Chapter 5: Propionic Acid and Derivatives Market by Grade
 5.1 Propionic Acid and Derivatives Market Snapshot and Growth Engine
 5.2 Propionic Acid and Derivatives Market Overview
 5.3 Industrial Grade
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Industrial Grade: Geographic Segmentation Analysis
 5.4 Technical Grade
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Technical Grade: Geographic Segmentation Analysis
 5.5 Food Grade
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Food Grade: Geographic Segmentation Analysis
 5.6 Feed Grade
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Feed Grade: Geographic Segmentation Analysis
 5.7 Pharma Grade
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Pharma Grade: Geographic Segmentation Analysis
 5.8
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 : Geographic Segmentation Analysis

Chapter 6: Propionic Acid and Derivatives Market by Type
 6.1 Propionic Acid and Derivatives Market Snapshot and Growth Engine
 6.2 Propionic Acid and Derivatives Market Overview
 6.3 Encapsulated
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Encapsulated: Geographic Segmentation Analysis
 6.4 Non-encapsulated
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Non-encapsulated: Geographic Segmentation Analysis

Chapter 7: Propionic Acid and Derivatives Market by Application
 7.1 Propionic Acid and Derivatives Market Snapshot and Growth Engine
 7.2 Propionic Acid and Derivatives Market Overview
 7.3 Food and Beverage
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Food and Beverage: Geographic Segmentation Analysis
 7.4 Feed
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Feed: Geographic Segmentation Analysis
 7.5 Pharmaceuticals
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Pharmaceuticals: Geographic Segmentation Analysis
 7.6 Cosmetics
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Cosmetics: Geographic Segmentation Analysis
 7.7 Home and Personal Care
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 Home and Personal Care: Geographic Segmentation Analysis
 7.8 Agriculture
  7.8.1 Introduction and Market Overview
  7.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.8.3 Key Market Trends, Growth Factors and Opportunities
  7.8.4 Agriculture: Geographic Segmentation Analysis
 7.9 Industrial
  7.9.1 Introduction and Market Overview
  7.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.9.3 Key Market Trends, Growth Factors and Opportunities
  7.9.4 Industrial: Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Propionic Acid and Derivatives Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions
  
 8.2 KEMIN INDUSTRIES
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 INC
 8.4 AM FOOD CHEMICAL CO
 8.5 LIMITED
 8.6 PERSTORP
 8.7 BASF SE
 8.8 BIOMIN
 8.9 DOW
 8.10 IMPEXTRACO NV
 8.11 PALITAL FEED ADDITIVES BV
 8.12 MACCO ORGANIQUES INC
 8.13 FINORIC LLC
 8.14 SPECTRUM CHEMICAL MANUFACTURING CORP
 8.15 NIACET
 8.16 MONARCH CHEMICALS LTD
 8.17 EASTMAN CHEMICAL COMPANY
 8.18 CELANESE CORPORATION
 8.19 CAYMAN CHEMICAL
 8.20 NOVUS INTERNATIONAL
 8.21 TROUW NUTRITION USA
 8.22 LLC
 8.23 DAICEL CORPORATION AND KRISHNA CHEMICALS

Chapter 9: Global Propionic Acid and Derivatives Market By Region
 9.1 Overview
 9.2. North America Propionic Acid and Derivatives Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Product
  9.2.4.1 Propionic Acid and Derivatives
  9.2.5 Historic and Forecasted Market Size By Grade
  9.2.5.1 Industrial Grade
  9.2.5.2 Technical Grade
  9.2.5.3 Food Grade
  9.2.5.4 Feed Grade
  9.2.5.5 Pharma Grade
  9.2.5.6
  9.2.6 Historic and Forecasted Market Size By Type
  9.2.6.1 Encapsulated
  9.2.6.2 Non-encapsulated
  9.2.7 Historic and Forecasted Market Size By Application
  9.2.7.1 Food and Beverage
  9.2.7.2 Feed
  9.2.7.3 Pharmaceuticals
  9.2.7.4 Cosmetics
  9.2.7.5 Home and Personal Care
  9.2.7.6 Agriculture
  9.2.7.7 Industrial
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
 9.3. Eastern Europe Propionic Acid and Derivatives Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Product
  9.3.4.1 Propionic Acid and Derivatives
  9.3.5 Historic and Forecasted Market Size By Grade
  9.3.5.1 Industrial Grade
  9.3.5.2 Technical Grade
  9.3.5.3 Food Grade
  9.3.5.4 Feed Grade
  9.3.5.5 Pharma Grade
  9.3.5.6
  9.3.6 Historic and Forecasted Market Size By Type
  9.3.6.1 Encapsulated
  9.3.6.2 Non-encapsulated
  9.3.7 Historic and Forecasted Market Size By Application
  9.3.7.1 Food and Beverage
  9.3.7.2 Feed
  9.3.7.3 Pharmaceuticals
  9.3.7.4 Cosmetics
  9.3.7.5 Home and Personal Care
  9.3.7.6 Agriculture
  9.3.7.7 Industrial
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Bulgaria
  9.3.8.2 The Czech Republic
  9.3.8.3 Hungary
  9.3.8.4 Poland
  9.3.8.5 Romania
  9.3.8.6 Rest of Eastern Europe
 9.4. Western Europe Propionic Acid and Derivatives Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Product
  9.4.4.1 Propionic Acid and Derivatives
  9.4.5 Historic and Forecasted Market Size By Grade
  9.4.5.1 Industrial Grade
  9.4.5.2 Technical Grade
  9.4.5.3 Food Grade
  9.4.5.4 Feed Grade
  9.4.5.5 Pharma Grade
  9.4.5.6
  9.4.6 Historic and Forecasted Market Size By Type
  9.4.6.1 Encapsulated
  9.4.6.2 Non-encapsulated
  9.4.7 Historic and Forecasted Market Size By Application
  9.4.7.1 Food and Beverage
  9.4.7.2 Feed
  9.4.7.3 Pharmaceuticals
  9.4.7.4 Cosmetics
  9.4.7.5 Home and Personal Care
  9.4.7.6 Agriculture
  9.4.7.7 Industrial
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 Netherlands
  9.4.8.5 Italy
  9.4.8.6 Russia
  9.4.8.7 Spain
  9.4.8.8 Rest of Western Europe
 9.5. Asia Pacific Propionic Acid and Derivatives Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Product
  9.5.4.1 Propionic Acid and Derivatives
  9.5.5 Historic and Forecasted Market Size By Grade
  9.5.5.1 Industrial Grade
  9.5.5.2 Technical Grade
  9.5.5.3 Food Grade
  9.5.5.4 Feed Grade
  9.5.5.5 Pharma Grade
  9.5.5.6
  9.5.6 Historic and Forecasted Market Size By Type
  9.5.6.1 Encapsulated
  9.5.6.2 Non-encapsulated
  9.5.7 Historic and Forecasted Market Size By Application
  9.5.7.1 Food and Beverage
  9.5.7.2 Feed
  9.5.7.3 Pharmaceuticals
  9.5.7.4 Cosmetics
  9.5.7.5 Home and Personal Care
  9.5.7.6 Agriculture
  9.5.7.7 Industrial
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
 9.6. Middle East & Africa Propionic Acid and Derivatives Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Product
  9.6.4.1 Propionic Acid and Derivatives
  9.6.5 Historic and Forecasted Market Size By Grade
  9.6.5.1 Industrial Grade
  9.6.5.2 Technical Grade
  9.6.5.3 Food Grade
  9.6.5.4 Feed Grade
  9.6.5.5 Pharma Grade
  9.6.5.6
  9.6.6 Historic and Forecasted Market Size By Type
  9.6.6.1 Encapsulated
  9.6.6.2 Non-encapsulated
  9.6.7 Historic and Forecasted Market Size By Application
  9.6.7.1 Food and Beverage
  9.6.7.2 Feed
  9.6.7.3 Pharmaceuticals
  9.6.7.4 Cosmetics
  9.6.7.5 Home and Personal Care
  9.6.7.6 Agriculture
  9.6.7.7 Industrial
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkey
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
 9.7. South America Propionic Acid and Derivatives Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Product
  9.7.4.1 Propionic Acid and Derivatives
  9.7.5 Historic and Forecasted Market Size By Grade
  9.7.5.1 Industrial Grade
  9.7.5.2 Technical Grade
  9.7.5.3 Food Grade
  9.7.5.4 Feed Grade
  9.7.5.5 Pharma Grade
  9.7.5.6
  9.7.6 Historic and Forecasted Market Size By Type
  9.7.6.1 Encapsulated
  9.7.6.2 Non-encapsulated
  9.7.7 Historic and Forecasted Market Size By Application
  9.7.7.1 Food and Beverage
  9.7.7.2 Feed
  9.7.7.3 Pharmaceuticals
  9.7.7.4 Cosmetics
  9.7.7.5 Home and Personal Care
  9.7.7.6 Agriculture
  9.7.7.7 Industrial
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research