Increasing Demand From The Food And Pharmaceutical Industries Will Influence The Growth Of The Propionic Acid Market

What is Propionic acid?

Propionic acid is a water-soluble, colorless liquid with an unpleasant odor. The chemical formula of propionic acid is C3H6O2. It is a byproduct of the acetic acid manufacturing process. Commercially propionic acid is produced by the decomposition of amino acids and oxidation of the fatty acid. It is used in the manufacturing of rubber chemicals, herbicides, and pharmaceuticals. It is also known as propionate. The pH of propionate is 2.66. It is a medium-strong acid. Derivatives of propionic acid are used to control the body’s fever and inflammatory symptoms.

Here are some factors which drive the growth in the propionic acid market:

Increasing demand from the food processing industry: propionic acid has antibacterial properties. It is also used as a natural preservative. It prevents mold and bacteria growth, so it is especially used in bread, butter, and cheese. The US Food Administration reported propionic acid is a safe food preservative. Increasing demand for ready-to-eat food propels the growth of the food processing industry. The increasing food processing industry drives the growth of the propionic acid market. 

Increasing demand from the pharmaceutical industry: Propionic acid is used in manufacturing various medicines because of its antimicrobial properties.  It is commonly used to treat skin infections. In the United States derivatives of propionic acid ibuprofen and naproxen are used to control fever, headaches, and common cold. The increasing population leads to a demand for medicines. Therefore, market growth for propionic acid is driven by increasing demand from the pharmaceutical industry.

Here are some retraining factors which may hamper the market growth of propionic acid:

The harmful effect of propionic acid on human health: when a person comes into contact with a concentrated solution of propionic acid it causes skin irritation, and sometimes damages the eye. If propionic acid consumes more through medicines, it causes vomiting, abdominal pain, and diarrhea. Therefore, these factors may hamper the growth of propionic acid. Careful handling and consumption of medicines according to doctors’ prescriptions reduce the risk of propionic acid.  

Conclusion

The global propionic acid market has high growth in the upcoming years because of increasing demand from the food and pharmaceutical industry. The various market players focus on innovation and advancement in propionic acid to hold a major market share.

Kalyani Raje  

Kalyani Raje is a distinguished research leader, Co-Founder & Chief Research Officer at Cognitive Market Research, a global market research and consulting firm. With over a decade of experience in market resear…