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“Zinc Propionate Market” Market Analysis and Insights: Global Zinc Propionate Market
Due to the COVID-19 pandemic, the global Zinc Propionate market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Food Grade Zinc Propionate accounting for % of the Zinc Propionate global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food & Beverages segment is altered to an % CAGR throughout this forecast period.
China Zinc Propionate market size is valued at USD million in 2021, while the US and Europe Zinc Propionate are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Zinc Propionate landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Zinc Propionate include Tengzhou Zhongzheng Chemical, Foodchem, A.M Food Chemical, Sichuan Duking Biotechnology and Hubei Ocean Biotech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Zinc Propionate capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Zinc Propionate by region (region level and country level), by company, by Type and by Application. from 2017 to 2023 and forecast to 2028.
Global Zinc Propionate Scope and Segment
Zinc Propionate market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Zinc Propionate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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The Major Players in the Industrial Zinc Propionate Market include:
- Tengzhou Zhongzheng Chemical
- Foodchem
- A.M Food Chemical
- Sichuan Duking Biotechnology
- Hubei Ocean Biotech
By Product Types:
- Food Grade Zinc Propionate
- Industrial Grade Zinc Propionate
By Applications:
- Food & Beverages
- Cosmetics and Personal Care
- Feed
- Other
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