Sodium Propionate Market Size, Growth | Analysis & Forecast, 2030

Chemanalyst13 Apr, 2023Business

According to ChemAnalyst report, ?Sodium Propionate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Regional Demand, 2015-2030?, Sodium Propionate market grew at a considerable CAGR of 4.01% in the last five years and is anticipated to achieve a healthy CAGR during the forecast period 2020-2030. An exponential surge in the demand of Sodium Propionate as food preservatives by the food and beverage industry is likely to boost the growth of global Sodium Propionate market in upcoming years. The production of Sodium Propionate is highly associated with the safety standards on human health before it can be introduced in the market which further enhances the compliance standards.