US Propionic Acid Market Research Report: By Application (Animal Feed, Food & Beverages, Personal Care, Pharmaceuticals, Agrochemicals, Others) - Forecast to 2035

US Propionic Acid Market Overview

As per MRFR analysis, the US Propionic Acid Market Size was estimated at 142.5 (USD Million) in 2023. The US Propionic Acid Market Industry is expected to grow from 150(USD Million) in 2024 to 220 (USD Million) by 2035. The US Propionic Acid Market CAGR (growth rate) is expected to be around 3.543% during the forecast period (2025 - 2035).

Key US Propionic Acid Market Trends Highlighted

The US Propionic Acid Market is witnessing several key trends influenced by various factors. One of the main market drivers is the growing demand for propionic acid in the food and beverage industry as a preservative. This is largely due to the rising consumer awareness regarding food safety and the increasing preference for organic and natural products.

Additionally, propionic acid is utilized in animal feed, which is gaining traction as livestock production ramps up in the United States. Health and wellness trends are encouraging producers to focus on organic animal feed, further fueling propionic acid's market presence. There are important opportunities to be explored in the bio-based propionic acid segment within the US market.

As sustainability becomes a priority, manufacturers are looking for greener alternatives to traditional petroleum-based chemicals. Innovations in bio-fermentation technologies can lead to cost-effective production methods and environmentally friendly practices, attracting investors committed to sustainable growth. Furthermore, the increasing use of propionic acid in pharmaceuticals and agrochemicals presents additional avenues for market expansion.

In recent times, there is a noticeable trend towards regulatory support for the use of bio-based chemicals, including propionic acid. The US government is advocating for sustainable practices within chemical manufacturing, which could boost market potential. The economic recovery post-pandemic has also revived investments in the chemical sector, providing a conducive environment for growth in the propionic acid industry.

Overall, the US market is evolving with an emphasis on sustainability, innovation, and regulatory support, setting the stage for future developments in the propionic acid sector.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Propionic Acid Market Drivers

Rising Demand for Food Preservatives

The increasing demand for food preservatives in the United States significantly contributes to the growth of the US Propionic Acid Market Industry. Propionic acid is widely used as a food preservative due to its effectiveness against mold and bacteria. According to the Food and Drug Administration, food waste accounts for approximately 30-40% of the food supply in the US, highlighting the need for effective preservation methods to extend shelf life.

As food safety regulations become stricter, the demand for propionic acid as a viable preservative alternative is expected to rise. Additionally, major organizations such as the American Chemical Society emphasize the importance of developing sustainable food preservation methods, supporting further investments and innovations in the use of propionic acid in the food industry.

Growth in Animal Feed Industry

The US animal feed industry plays a crucial role in the growth of the US Propionic Acid Market Industry. Propionic acid is utilized in animal feed as a mold inhibitor and growth promoter. With the American Farm Bureau Federation estimating that the US livestock production will grow due to increasing meat consumption, the demand for propionic acid in animal nutrition is anticipated to rise.

In turn, industry giants like Cargill and Archer Daniels Midland Company are increasing their production capacities to cater to this growing market, driving demand for propionic acid.

Flourishing Pharmaceutical Industry

The expanding pharmaceutical sector in the United States presents significant opportunities for the US Propionic Acid Market Industry. Propionic acid is commonly used in pharmaceutical applications, including the production of various medications and as a chemical intermediate. The Pharmaceutical Research and Manufacturers of America report that the US pharmaceutical industry is a leading global market, with billions of dollars invested in Research and Development activities annually.

As new drug developments continue to emerge and expand, the need for propionic acid as a chemical intermediary will likely grow, contributing to the overall market expansion.

Innovations in Chemical Manufacturing Processes

Advancements in chemical manufacturing processes are facilitating the growth of the US Propionic Acid Market Industry. With an increased focus on sustainable production techniques, manufacturers are deploying innovative processes that reduce environmental impact and enhance efficiency. For instance, several petrochemical companies in the US are integrating renewable feedstocks into their production lines for propionic acid.

According to the U.S. Environmental Protection Agency, such initiatives align with national goals for reducing greenhouse gas emissions. The continuous improvement in production methods is expected to drive down production costs, thus stimulating market growth for propionic acid in various applications.

US Propionic Acid Market Segment Insights

Propionic Acid Market Application Insights

The Application segment of the US Propionic Acid Market showcases a diverse range of uses, demonstrating its strategic importance in various industries. The market revenue in the upcoming years underscores the significance of Propionic Acid as a vital component in multiple applications. Within the Animal Feed sector, propionic acid serves a crucial role as a preservative and anti-fungal agent, helping to enhance livestock health and ensure the quality of feed, which ultimately supports the growing demand for meat and dairy products in the US.

The Food and Beverages industry similarly utilizes propionic acid for its preservative capabilities, where its inclusion helps prolong shelf life while maintaining product safety and quality, making it a favored choice among manufacturers and consumers alike.

In the Personal Care sector, propionic acid finds its application as an ingredient in skincare products and hair care formulations, attributed to its antifungal properties and skin-conditioning benefits. This reflects a rising trend among consumers seeking effective and safe personal care solutions.

Furthermore, in the Pharmaceuticals industry, the significance of propionic acid lies in its use as an intermediate in the synthesis of various therapeutic compounds, extending its reach into the health and wellness sector. The Agrochemicals segment utilizes propionic acid in the formulation of herbicides and fungicides, showcasing its vital role in enhancing agricultural productivity, which is particularly important as the US faces challenges related to food security and sustainable farming practices.

Additionally, the Others category encompasses a range of specialized applications where propionic acid may serve niche requirements in industries such as textiles and plastics. Overall, the segmentation of the US Propionic Acid Market emphasizes the versatility and essential nature of propionic acid across numerous applications, driving market trends and bolstering growth across the different sectors involved.

As demand continues to rise for healthier food options and responsible animal husbandry, the propionic acid market is poised for significant advancements, reflecting an integrated approach to addressing environmental and health concerns in the US. The sustained growth across these varied segments highlights the dynamic adaptability of propionic acid, ensuring its relevance in modern applications and market strategies.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Propionic Acid Market Key Players and Competitive Insights

The competitive landscape of the US Propionic Acid Market is characterized by a blend of established players and emerging companies striving to meet increasing demand across various end-use sectors, including food preservation, agriculture, and chemical synthesis. As the market continues to evolve, players are focusing on innovative production methodologies and sustainable practices to capture market share.

The growing applications of propionic acid, particularly as a food additive and in herbicides, further intensify competition among manufacturers vying for technological advancements and market expansion. Price sensitivity and regulatory compliance also present challenges and opportunities, influencing how companies position themselves in this dynamic market.

BASF stands out in the US Propionic Acid Market due to its robust production capabilities and extensive distribution networks. The company leverages its technological expertise and research-driven approach to deliver high-quality propionic acid that meets stringent industry standards.

BASF's commitment to sustainability is evident in its production processes, which aim to minimize environmental impact while efficiently catering to consumer needs. Moreover, the company has established strong relationships with various sectors, enhancing its market presence and providing a competitive edge through value-added services and customized solutions tailored to customer requirements. This combination of strengths fortifies BASF's position in the market and allows it to effectively navigate challenges while capitalizing on growth opportunities.

Oxea also plays a crucial role in the US Propionic Acid Market, known for its diverse portfolio of chemicals utilized in multiple applications. The company specializes in producing high-quality propionic acid along with related derivatives, enabling synergy in product offerings. Oxea's market presence is further bolstered by strategic mergers and acquisitions that have expanded its operational footprint and enhanced its production capacity in the US.

The company prioritizes innovation, focusing on the development of more sustainable manufacturing practices and products that resonate with the evolving demands of its customer base. By maintaining a strong emphasis on research and development, Oxea aims to deliver reliable solutions in the propionic acid segment, reinforcing its strengths and commitment to advancing the chemical market in the US.

Key Companies in the US Propionic Acid Market Include

• BASF


• Oxea


• Bennett and Baines


• Perstorp


• Eastman Chemical


• Kemira


• Picoting


• Biosynthetic Technologies


• Elementis


• Hawkins


• Cargill


• Jungbunzlauer


• Nantong Esheng Chemical


• Yara

US Propionic Acid Market Industry Developments

The US Propionic Acid Market has witnessed several notable developments recently. Companies like BASF and Eastman Chemical are actively expanding their production capabilities to meet increasing demand in various applications including food preservation, animal feed, and as a herbicide. Reports indicate stability in the market's valuation fueled by growth in agriculture and food sectors.

In April 2023, Perstorp announced a strategic partnership with key agricultural firms to enhance their distribution network. Additionally, in June 2023, Oxea reported an expansion project that is expected to boost production efficiency.

Market growth is projected to be strong due to increased adoption of propionic acid in food preservation, which is being driven by rising consumer awareness regarding food safety. Mergers and acquisitions remain a focal point, with Bennett and Baines actively pursuing strategic alliances to fortify their market position; however, currently, no major acquisition activity has been reported.

Over the last two years, investments from companies such as Cargill and Jungbunzlauer into sustainable practices have underscored a trend towards innovation in this sector, responding to environmental concerns while also meeting customer demands for organic and natural products.

US Propionic Acid Market Segmentation Insights

Propionic Acid Market Application Outlook

• Animal Feed


• Food & Beverages


• Personal Care


• Pharmaceuticals


• Agrochemicals


• Others

Report Scope:

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	142.5(USD Million)
MARKET SIZE 2024	150.0(USD Million)
MARKET SIZE 2035	220.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	3.543% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	BASF, Oxea, Bennett and Baines, Perstorp, Eastman Chemical, Kemira, Picoting, Biosynthetic Technologies, Elementis, Hawkins, Cargill, Jungbunzlauer, Nantong Esheng Chemical, Yara
SEGMENTS COVERED	Application
KEY MARKET OPPORTUNITIES	Growing demand in food preservation, Rising applications in agrochemicals, Increased use in pharmaceuticals, Expanding bio-based propionic acid production, Technological advancements in manufacturing processes
KEY MARKET DYNAMICS	rising agricultural demand, food preservation needs, growing bioplastics application, increasing regulatory support, competitive pricing pressures
COUNTRIES COVERED	US