The global propionate market size was valued at USD billion in 2021 and is poised to grow at a significant CAGR of 3.5% during the forecast period 2022–2028. The use of propionate salts has recently been driven by evolving consumer lifestyles and growing health concerns. Most of its applications are a preservative in bakery goods, including bread, processed meat, baked goods, and dairy items. Calcium propionate functions as an antibacterial agent to eliminate microorganisms like bacteria, algae, viruses, and fungi.