Sodium Propionate Pricing Trend and Forecast - Delhi

Sodium Propionate Price rallied upwards in the second quarter of 2022 as the global price of Sodium Propionate has been driven up by the industry's expanding use in food processing. The strong demand for Sodium Propionate is primarily supported by the rising safety concerns around the safety of packaged foods. In addition, urban consumers' growing preference for readily available food items and increased urbanization have significantly boosted the demand for sodium propionate. The market for sodium propionate has also been growing as a result of the rising demand for canned goods. Additionally, since sodium propionate also functions as an antibacterial agent, its use in the food processing industry has increased, driving up the cost of the chemical.

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