Calcium Propionate Market to Reach 363.3 Million USD by 2023
The Calcium Propionate market was valued at USD 262.4 million in 2017; it is projected to grow at a CAGR of 5.6% from 2018, to reach USD 363.3 million by 2023.The growth of the calcium propionate market is driven by factors such as growth in demand for bakery products with extended shelf life and cost advantages provided by calcium propionate over other preservatives, which contribute to increased demand and adoption rate.
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