Growing Demand for Animal Feed Preservatives Fuels the Propionic...

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2026-08-23 18:34:13 -

Growing Demand for Animal Feed Preservatives Fuels the Propionic Acid Market

According to a new report by Polaris Market Research, the global propionic acid market was valued at USD 1,110.07 million in 2023 and is projected to reach USD 1,494.59 million by 2032, expanding at a CAGR of 3.4% over the forecast period. Growth is underpinned by rising demand for food and feed preservatives, expanding pharmaceutical use, and accelerating adoption of bio-based, sustainable...

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