Global Sodium Propionate Market Size, Share, Growth, Strategies, Analysis, Opportunities and Forecast to 2023 - Credence Research
According to a new market report published by Credence Research Inc., “ Sodium Propionate Market (By Application (Food, Pharmaceutical, Cosmetics, Agriculture, Animal Feed and Others)), Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the worldwide sodium propionate market was valued at US$ 117.44 Mn in 2015. It is projected to grow at a CAGR of 4.4% from 2016 to 2023. In terms of volume the global market stood at 38.92 kilo tons in 2015. Browse the full report at http://www.credenceresearch.com/report/sodium-propionate-market Market Insights: Sodium propionate due to its antimicrobial properties to extend shelf life of food products along with its GRAS (generally recognized as safe) status by the U.S. FDA is widely use as a food additive. Rising packaged food consumption owing to changing and busy lifestyle is driving sodium propionate demand in food preservatives. Moreover, sodium propionate is considered as one of the best and saf...