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Feed Phosphate Market Overview

The Global Feed Phosphate Market size is expected to grow from USD 2.64 billion in 2023 to USD 4.02 billion by 2032, at a CAGR of 4.79% during the forecast period (2024-2032).

The global feed phosphate market is experiencing steady growth due to the increasing demand for livestock products worldwide. Feed phosphates are essential for animal growth and are widely used in feed formulations to ensure optimal nutrition levels. Factors such as rising meat consumption, expanding aquaculture industry, and growing awareness about animal health are driving the market growth.

Asia-Pacific region dominates the feed phosphate market, with China being the largest producer and consumer of feed phosphates. The region's booming livestock industry and increasing focus on animal welfare are contributing to the market expansion. Europe and North America are also significant markets for feed phosphates, driven by the high demand for quality meat products and strict regulations on animal feed.

Key players in the global feed phosphate market are focusing on product innovation and strategic partnerships to strengthen their market position. They are investing in research and development activities to introduce advanced feed phosphate products that offer improved efficiency and performance. With the increasing emphasis on sustainable livestock production practices, the demand for eco-friendly feed phosphates is expected to rise in the coming years.

Feed Phosphate

Market Dynamics and Factors in Feed Phosphate Market

Drivers:

Rapid growth in livestock population
The growing population of livestock and poultry farmers is the main driving force for the expansion of the feed phosphate additive market. Moreover, economic losses faced by livestock holders due to poor animal growth subjected to phosphate deficiency are propelling the growth of the market. Additionally, the increase in demand for dairy products across the globe is supporting the market growth. Growing awareness towards the benefits of phosphate additives and the rise in quality of meat products has boosted livestock holders to add phosphate as the main ingredient in animal feed. Moreover, phosphate aids in the digestion process, thus helping the absorbance of other vital minerals and nutrients. Recently, there is a rise in the frequency of disease outbreaks forcing the livestock holders to add phosphate as an additive in animal feed to ensure proper growth and health of livestock. In addition, in certain instances livestock growers are compelled to cull all the animals in the herd if a single animal is found infected with a deadly disease thus, to boost the overall health of animals and to enhance their immunity against infectious diseases livestock growers are increasing the amount of phosphate in animal feed, therefore accelerating the development of the market during the forecast period.

Restraints:

Use of phytase as an alternative to phosphate supplements
The rising prices of the raw material required for phosphate production and global scarcity of phosphate reserves are some of the factors that are restraining the growth of the market in the forecast period. Moreover, the use of alternatives such as phytase in animal feed additives fulfills performances of phosphates like bone growth, elevating digestion process, the absorbance of calcium, amino acids, and utilization of energy thus hampering the growth of the market. Further, phytase encourages higher feed intake than the traditional use of phosphate additives, which eventually leads to better performance of livestock. Moreover, inflexible government rules and regulations on the rearing of animals are hampering the growth of the market. Vendors have to meet various regulatory standards which result in a slow and expensive production process thus, hindering the market growth.

Opportunities:

Growing concern about livestock health and livestock derived product
Livestock holders are paying keen attention to increasing yields from livestock as this is going to economically benefit them. The ever-growing demand for dairy and meat products and to meet this rising demand, animal nutrition plays an important role. Moreover, vulnerability to various diseases due to incompetent fodder is opening doors for feed phosphate market players to launch their phosphate-rich animal feed to recompensate the nutrition loss. Several methods can be applied for phosphorous recoveries like crystallization, biological phosphorous removal, chemical precipitation, and wet chemical process using fly ash. Recently, many innovations have been made on the phosphate recovery process thus, providing ample opportunities for the market players to invest in the research and development programs to tackle the depleting sources of phosphate.

Challenges:

Uninterrupted supply of good quality phosphate feed
Enhancing animal feed and assuring a continuous supply of good quality phosphate feed for livestock holders is the biggest challenge for market players. Moreover, strict quality control should be there to assure the right concentration of phosphate is provided to livestock. A high concentration of phosphate in feed can cause toxicity posing a threat to animal health and leading to mortality. High intake of phosphate can even alter the absorption process of calcium and magnesium resulting in reduced intake of feed and a gradual decrease in milk yield of cattle.

Market Segmentation

  • The Dicalcium Phosphate (DCP), segment is expected to have the highest share of the feed phosphate market in the forecast period. For the health and equilibrium of animals, it is essential to maintain an ideal calcium-to-phosphorus ratio. DCP plays a key role in maintaining this equilibrium by offering a calcium-phosphorus supply that is easily absorbed and well-balanced, supporting bone growth, neuron function, and general physiological health. DCP is well known for having a high bioavailability and being effectively absorbed by animals. Its quick absorption in the digestive system, which enables animals to get the most nutrients out of the supplement, has been shown by extensive study. Significant gains in growth rates and overall animal performance result from this increased bioavailability, which reduces waste and increases efficacy.
  • DCP is a versatile mineral supplement that is popular among farmers and feed makers due to its adaptability and compatibility with various feed components and processing techniques. It is easy to incorporate into various livestock feed formulas, including those for pigs, poultry, and cattle. DCP's affordability is a significant advantage, as it is less expensive than other options like bone meal or monocalcium phosphate, allowing farmers to feed their animals essential minerals without significantly increasing production costs. DCP's stability and longer shelf life make it an appealing mineral supplement. Its resilience to caking and degradation ensures constant quality in animal meals, minimizing losses and making handling and storage easier for farmers.

Players Covered in Feed Phosphate Market are :

  • The Mosaic Company (US)
  • Phosphea (France)
  • Nutrien Ltd. (Canada)
  • OCP Group (Morocco)
  • Yara International ASA (Norway)
  • EuroChem Group AG (Switzerland)
  • PhosAgro (Russia)
  • Ecophos Group (Belgium)
  • Fosfitalia Group (Italy)
  • J. R. Simplot Company (US)
  • Quimpac S.A. (Peru)
  • Sichuan Lomon Corporation (China)
  • Sinochem Yunlong Co. Ltd. (China)
  • Wengfu Group (China)
  • Rotem Turkey (Turkey) and other major players.

Regional Analysis of Feed Phosphate Market:

Asia-Pacific Dominates the Market

The Asia-Pacific region holds a dominant position in the feed phosphate market, accounting for a significant share of global consumption. With a growing population and rising demand for meat products, countries in this region have witnessed a surge in the use of feed phosphates for animal nutrition. China, India, and Japan are among the major players in the market, driven by their large livestock industries and increasing focus on food security. Moreover, advancements in feed phosphate production technologies and the presence of key manufacturers in countries like China have further strengthened the region's market position. The Asia-Pacific market is characterized by intense competition, with players striving to introduce innovative products and cater to the evolving needs of the animal feed industry. Additionally, favorable government initiatives and policies supporting sustainable agriculture practices are expected to drive continued growth in the feed phosphate market across the Asia-Pacific region.

Key Industry Developments in Feed Phosphate Market

  • In May 2023, OCP Group, a well-known worldwide supplier of phosphate-based plant and animal nutrition solutions, and Fertinagro Biotech S.L., a significant fertilizer manufacturer in Spain, completed the acquisition of Global Feed S.L. With this purchase, OCP can further strengthen its position as a leading player in the market and further solidify its devotion to developing a strong presence in the animal nutrition sector.
  • In April 2022, PHOSPHEA launched HumIPHORA, a new phosphate innovation. This calcium humophosphate, listed in the European Animal Feed Phosphea, provides high-quality phosphorus and improves the use of plant-based phosphorus. Its chelation properties reduce phosphate incorporation in formulas, making it a more effective alternative to conventional sources.
  • In April 2024, The Mosaic Company (NYSE: MOS) has agreed to sell its 25% stake in the Ma’aden Wa’ad Al Shamal Phosphate Company to the Saudi Arabian Mining Company (Ma’aden) for approximately $1.5 billion in Ma’aden shares. The transaction, subject to regulatory and shareholder approvals, is expected to close by the end of 2024. Mosaic, a leading producer of phosphate and potash fertilizers, is represented by Simpson Thacher. Ma’aden is the Middle East's largest mining and metals company.

Global Feed Phosphate Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 2.64 Bn.

Forecast Period 2024-32 CAGR:

4.79%

Market Size in 2032:

USD 4.02 Bn.

Segments Covered:

By Type

  • Monocalcium Phosphate (MCP)
  • Dicalcium Phosphate (DCP)
  • Tricalcium Phosphate (TCP)
  • Mono Dicalcium Phosphate (MDCP)
  • Monosodium Phosphate (MSP)

By Form

  • Powder
  • Granule

By Application

  • Swine
  • Poultry
  • Ruminants
  • Aquaculture

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rapid Growth in Livestock Population

Key Market Restraints:

  • Use of Phytase As an Alternative to Phosphate Supplements

Key Opportunities:

  • Growing Concern About Livestock Health and Livestock Derived Product

Companies Covered in the report:

  • The Mosaic Company (US), Phosphea (France), Nutrien Ltd. (Canada), OCP Group (Morocco), Yara International ASA (Norway), and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
 3.3 By Form

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Feed Phosphate Market by Type
 4.1 Feed Phosphate Market Overview Snapshot and Growth Engine
 4.2 Feed Phosphate Market Overview
 4.3 Monocalcium Phosphate (MCP)
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Monocalcium Phosphate (MCP): Grographic Segmentation
 4.4 Dicalcium Phosphate (DCP)
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Dicalcium Phosphate (DCP): Grographic Segmentation
 4.5 Tricalcium Phosphate (TCP)
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Tricalcium Phosphate (TCP): Grographic Segmentation
 4.6 Mono Dicalcium Phosphate (MDCP)
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Mono Dicalcium Phosphate (MDCP): Grographic Segmentation
 4.7 Monosodium Phosphate (MSP)
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Monosodium Phosphate (MSP): Grographic Segmentation

Chapter 5: Feed Phosphate Market by Application
 5.1 Feed Phosphate Market Overview Snapshot and Growth Engine
 5.2 Feed Phosphate Market Overview
 5.3 Swine
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Swine: Grographic Segmentation
 5.4 Poultry
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Poultry: Grographic Segmentation
 5.5 Ruminants
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Ruminants: Grographic Segmentation
 5.6 Aquaculture
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Aquaculture: Grographic Segmentation

Chapter 6: Feed Phosphate Market by Form
 6.1 Feed Phosphate Market Overview Snapshot and Growth Engine
 6.2 Feed Phosphate Market Overview
 6.3 Powder
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Powder: Grographic Segmentation
 6.4 Granule
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Granule: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Feed Phosphate Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Feed Phosphate Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Feed Phosphate Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 THE MOSAIC COMPANY (US)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 PHOSPHEA (FRANCE)
 7.4 NUTRIEN LTD. (CANADA)
 7.5 OCP GROUP (MOROCCO)
 7.6 YARA INTERNATIONAL ASA (NORWAY)
 7.7 EUROCHEM GROUP AG (SWITZERLAND)
 7.8 PHOSAGRO (RUSSIA)
 7.9 ECOPHOS GROUP (BELGIUM)
 7.10 FOSFITALIA GROUP (ITALY)
 7.11 J. R. SIMPLOT COMPANY (US)
 7.12 QUIMPAC S.A. (PERU)
 7.13 SICHUAN LOMON CORPORATION (CHINA)
 7.14 SINOCHEM YUNLONG CO.
 7.15 LTD. (CHINA)
 7.16 WENGFU GROUP (CHINA)
 7.17 ROTEM TURKEY (TURKEY)

Chapter 8: Global Feed Phosphate Market Analysis, Insights and Forecast, 2017-2032
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Monocalcium Phosphate (MCP)
  8.2.2 Dicalcium Phosphate (DCP)
  8.2.3 Tricalcium Phosphate (TCP)
  8.2.4 Mono Dicalcium Phosphate (MDCP)
  8.2.5 Monosodium Phosphate (MSP)
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Swine
  8.3.2 Poultry
  8.3.3 Ruminants
  8.3.4 Aquaculture
 8.4 Historic and Forecasted Market Size By Form
  8.4.1 Powder
  8.4.2 Granule

Chapter 9: North America Feed Phosphate Market Analysis, Insights and Forecast, 2017-2032
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Monocalcium Phosphate (MCP)
  9.4.2 Dicalcium Phosphate (DCP)
  9.4.3 Tricalcium Phosphate (TCP)
  9.4.4 Mono Dicalcium Phosphate (MDCP)
  9.4.5 Monosodium Phosphate (MSP)
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Swine
  9.5.2 Poultry
  9.5.3 Ruminants
  9.5.4 Aquaculture
 9.6 Historic and Forecasted Market Size By Form
  9.6.1 Powder
  9.6.2 Granule
 9.7 Historic and Forecast Market Size by Country
  9.7.1 U.S.
  9.7.2 Canada
  9.7.3 Mexico

Chapter 10: Europe Feed Phosphate Market Analysis, Insights and Forecast, 2017-2032
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Monocalcium Phosphate (MCP)
  10.4.2 Dicalcium Phosphate (DCP)
  10.4.3 Tricalcium Phosphate (TCP)
  10.4.4 Mono Dicalcium Phosphate (MDCP)
  10.4.5 Monosodium Phosphate (MSP)
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Swine
  10.5.2 Poultry
  10.5.3 Ruminants
  10.5.4 Aquaculture
 10.6 Historic and Forecasted Market Size By Form
  10.6.1 Powder
  10.6.2 Granule
 10.7 Historic and Forecast Market Size by Country
  10.7.1 Germany
  10.7.2 U.K.
  10.7.3 France
  10.7.4 Italy
  10.7.5 Russia
  10.7.6 Spain

Chapter 11: Asia-Pacific Feed Phosphate Market Analysis, Insights and Forecast, 2017-2032
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Monocalcium Phosphate (MCP)
  11.4.2 Dicalcium Phosphate (DCP)
  11.4.3 Tricalcium Phosphate (TCP)
  11.4.4 Mono Dicalcium Phosphate (MDCP)
  11.4.5 Monosodium Phosphate (MSP)
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Swine
  11.5.2 Poultry
  11.5.3 Ruminants
  11.5.4 Aquaculture
 11.6 Historic and Forecasted Market Size By Form
  11.6.1 Powder
  11.6.2 Granule
 11.7 Historic and Forecast Market Size by Country
  11.7.1 China
  11.7.2 India
  11.7.3 Japan
  11.7.4 Southeast Asia

Chapter 12: South America Feed Phosphate Market Analysis, Insights and Forecast,2017-2032
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Monocalcium Phosphate (MCP)
  12.4.2 Dicalcium Phosphate (DCP)
  12.4.3 Tricalcium Phosphate (TCP)
  12.4.4 Mono Dicalcium Phosphate (MDCP)
  12.4.5 Monosodium Phosphate (MSP)
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Swine
  12.5.2 Poultry
  12.5.3 Ruminants
  12.5.4 Aquaculture
 12.6 Historic and Forecasted Market Size By Form
  12.6.1 Powder
  12.6.2 Granule
 12.7 Historic and Forecast Market Size by Country
  12.7.1 Brazil
  12.7.2 Argentina

Chapter 13: Middle East & Africa Feed Phosphate Market Analysis, Insights and Forecast, 2017-2032
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Monocalcium Phosphate (MCP)
  13.4.2 Dicalcium Phosphate (DCP)
  13.4.3 Tricalcium Phosphate (TCP)
  13.4.4 Mono Dicalcium Phosphate (MDCP)
  13.4.5 Monosodium Phosphate (MSP)
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Swine
  13.5.2 Poultry
  13.5.3 Ruminants
  13.5.4 Aquaculture
 13.6 Historic and Forecasted Market Size By Form
  13.6.1 Powder
  13.6.2 Granule
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Saudi Arabia
  13.7.2 South Africa

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Feed Phosphate Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 2.64 Bn.

Forecast Period 2024-32 CAGR:

4.79%

Market Size in 2032:

USD 4.02 Bn.

Segments Covered:

By Type

  • Monocalcium Phosphate (MCP)
  • Dicalcium Phosphate (DCP)
  • Tricalcium Phosphate (TCP)
  • Mono Dicalcium Phosphate (MDCP)
  • Monosodium Phosphate (MSP)

By Form

  • Powder
  • Granule

By Application

  • Swine
  • Poultry
  • Ruminants
  • Aquaculture

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rapid Growth in Livestock Population

Key Market Restraints:

  • Use of Phytase As an Alternative to Phosphate Supplements

Key Opportunities:

  • Growing Concern About Livestock Health and Livestock Derived Product

Companies Covered in the report:

  • The Mosaic Company (US), Phosphea (France), Nutrien Ltd. (Canada), OCP Group (Morocco), Yara International ASA (Norway), and Other major players.
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Frequently Asked Questions :

What would be the forecast period in the Feed Phosphate Market research report?

The forecast period in the Feed Phosphate Market research report is 2023-2032.

Who are the key players in Feed Phosphate Market?

Mosaic Company (US), Phosphea (France), Nutrien Ltd. (Canada), OCP Group (Morocco), Yara International ASA (Norway), EuroChem Group AG (Switzerland), PhosAgro (Russia), Ecophos Group (Belgium), Fosfitalia Group (Italy), J. R. Simplot Company (US), Quimpac S.A. (Peru), Sichuan Lomon Corporation (China), Sinochem Yunlong Co. Ltd. (China), Wengfu Group (China), Rotem Turkey (Turkey) and other major players.

What are the segments of the Feed Phosphate Market?

The Feed Phosphate Market is segmented into Type, Form, Application, and region. By Type, the market is categorized into Monocalcium Phosphate (MCP), Dicalcium Phosphate (DCP), Tricalcium Phosphate (TCP), Mono Dicalcium Phosphate (MDP), Monosodium Phosphate (MSP). By Form, the market is categorized into Powder, Granule. By Application, the market is categorized into Swine, Poultry, Ruminants, Aquaculture. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Feed Phosphate Market?

Phosphorous is one of the vital minerals in animal nutrition. After calcium, it is the second most mineral found in the animal body, predominantly in animal teeth and bones. Moreover, phosphorus plays an important role in the development and maintenance of skeletal tissue, maintaining osmotic pressure in body fluids, acid-base balance, energy utilization, protein synthesis, growth of cells, the efficiency of feed utilization, and fertility.

How big is the Feed Phosphate Market?

The Global Enterprise Asset Management (EAM) Market size is expected to grow from USD 5.39 billion in 2023 to USD 13.23 billion by 2032, at a CAGR of 10.49% during the forecast period (2024-2032).