Global Food Phosphate Market Overview
The Global Food Phosphate market was estimated at USD 2.65 billion in 2021, and is anticipated to reach USD 3.98 billion by 2028, growing at a CAGR of 6%.
The vital application of phosphate is that it holds more water in meat and poultry products during cooking which enhances the color, texture, flavor, and juiciness of the product. Phosphate is mined in the form of rock globally. It is crushed and treated with sulphuric acid and further solvent extraction of phosphoric acid is done and then it is released in the aqueous phase. The defluorinated acid is used as a protein dispersant in evaporated & sprayed on dried milk products. Furthermore, it is used as an additive and flavoring agent in beverages. Sodium pyrophosphate is used in seafood products. Phosphate fortified juices and tea are gaining popularity among the majority population. The rise in demand for various bakery products such as pizzas, burgers, pastries, rolls, and doughnuts is going to boost the food phosphate market in the forecast period, it is because the bakery industry is opting for phosphate additives to add nutrition value to the products with no side effects. Approximately 20% of meat products application include the use of blended sodium tripolyphosphate (STPP) with sodium hexametaphosphate or tetrasodium pyrophosphate or sodium acid pyrophosphate. Moreover, phosphate also helps in regulating the pH in meat products and also minimizes crystal formation.
Market Dynamics and Factors of Food Phosphate Market:
Drivers:
Switching Customer Preference toward Mineral-rich and Fortified Food & Beverages to Drives Sales
Growing demand for fortified and mineral-rich food is a factor accelerating the growth of the food phosphate market. With the rising number of health-concerns consumers, demand for mineral-rich food is rising, as a lot of food, today is processed, which takes away the necessary minerals required by the body. Mineral-rich and fortified food are seen as substitutes supplying different health benefits. Growing disease occurrence has led to an increase in the sales of mineral-rich food & beverages, thus turning the food-grade phosphate market. FOFSA supplies functional blends of phosphates for nutritional fortification in the food industry.
Rising Consumer Base for Products Containing Phosphate
Consumers are targeting on buying products with improved nutritive value, and therefore, demand food products that contain phosphate, which, in turn, is driving demand for food-grade phosphate. Phosphorous is required for the growth, development, and regulation of vital body functions. Therefore, food phosphate is used in different food products to impart desirable health qualities related to phosphorous and also to make food more appealing.
Restraints:
The demand for the food phosphate market is growing rapidly in the global market but some factors hamper the growth of the food phosphate market in the global market. High cost of material and poor awareness among people about the nutritional value related to phosphate and the use of phosphate in various applications restraints the growth of the food phosphate market in the global market during the forecast period.
Opportunities:
Potential growth opportunities occurred in the market for synthetic food additives. Food additives include different natural and synthetic food additives that are used to preserve the freshness, texture, and flavor of food products. Rising consumer consciousness about the food products they consume on a routine basis has produced the need for applying food-grade phosphate in a variety of food products. Consumers are more aware than before regarding food labels and ingredients and are either looking for food with "e" number or labels stating natural, organic, or non-GMO
Producers of food-grade phosphate are targeting expanding their business to enhance production capacity and cater to increasing customer demand in various regions. Key players are targeting the millennial segment. Millennials are the major group opting for the utilization of healthy food products. Increased corporate culture due to busy schedules has changed consumer choices for healthy food and beverages.
Market Segmentation
Segmentation for the Food Phosphate Market:
Based on the product type, calcium phosphate application is set to register a higher growth rate as it acts as an acidity regulator in baking powder and is used as a bread improver. Additionally, bread is a convenient food product and is witnessing growing demand for its convenience which is one of the significant factors supporting market share.
Based on the application, the growing consumer consciousness and ease of low cost are producing pleasing growth patterns in the food phosphate industry. In canned vegetables, it binds metal ions which leads to increased antioxidant activity resulting in stabilization of texture, hence reaching traction in the food & beverage industry. Moreover, it also plays as a thickening agent while processing chicken stabilizes and firms the foods. It can be applied to blend oil and water-based ingredients, retain moisture, treat flour and regulate acidity over the food processing industry.
Players Covered in Food Phosphate market are :
- Xinga USA Corporation (US)
- Haifa Chemicals LTD (Israel)
- Aditya Birla Chemicals (India)
- Natural Enrichment Industries LLC (US)
- Nutriscience Innovations LLC (US)
- Agrium INC. (Canada)
- Potash Corporation (Canada)
- Hawkins INC. (US)
- Innophos Inc (US)
- ATP Group (US)
- Qingdao Samin Chemical Co. Ltd. (US)
- The Mosaic Company (US)
- and others Major Players.
Regional Analysis of Food Phosphate Market:
- Europe region is expected to register the maximum growth rate for the food phosphate market during the forecast period The rising usages of food phosphates for improving flavors of deli meats, frozen food products, bakery items, canned fish, cola drinks, ham, cereals, and sausages is increasing the demand for these additives over the European countries. The leading trend of eating at restaurants and hotels, high disposable incomes of consumers, higher preference for ready-to-eat products, and the hectic schedules of individuals in the region are producing market expansion.
- North America region is accounted for the significant market share due to the surge in demand for bakery & confectionery products. Rising consumer preference for high-protein diets along with greater affordability has turn market growth. Monocalcium phosphate is generally used in baked goods as it has high naturalizing value and is very fast-acting. In addition, enhancing texture and baking aspects of the bakery products such as cake, and cookies producers are choosing phosphate, to add nutrition value with no side effects. This has turned into huge demand for the market.
- Asia Pacific market for food phosphates has been flourishing substantially, supported by the presence of robust dairy industries in economies such as India and China. The surging utilization of consumer-ready and processed food over the urbanized cities in the region has been lighting the demand for food phosphates in the region. Furthermore, the rising number of approvals for medications containing food phosphates has also been supporting the development of the global food phosphates market share from this regional segment.
Key Industry Development in Food Phosphate Market:
In June 2021, the US-based company Hawkins, Inc. the main specialty chemical company has declared that it has done a capital investment in its Minneapolis, MN facility to drive further growth in its pharmaceutical ingredient business. The total overall investment of around $5 million included automation capabilities and additional storage for raw materials and finished goods. The addition more than doubles the unit's pharmaceutical capacity in a controlled environment to help the industry's estimated demands and allows for larger quantity production campaigns.
COVID-19 impact on Food Phosphate Market:
The outbreak of COVID-19 has declined the growth of the global economy as well as the food industry. Food grade phosphates have key usages in agriculture, food, and feed industries, all of which are labor-intensive sectors. With social distancing norms and limitations in place, only essential goods are being manufactured in higher amounts. Virtually, the demand, as well as supply of food phosphate, has eventually decreased. Food ingredient production has been hit due to the global COVID-19 situation, which has also influenced the production of food phosphate. therefore, the COVID-19 pandemic is expected to have a significant impact on the global food-grade phosphate in the near term.
Global Food Phosphate Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 2.65 Bn. |
Forecast Period 2022-28 CAGR: |
6% |
Market Size in 2028: |
USD 3.98 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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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
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
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 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 5: Food Phosphate Market by Type
5.1 Food Phosphate Market Overview Snapshot and Growth Engine
5.2 Food Phosphate Market Overview
5.3 Sodium Phosphate
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 Sodium Phosphate: Grographic Segmentation
5.4 Potassium Phosphate
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Potassium Phosphate: Grographic Segmentation
5.5 Calcium Phosphate
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Calcium Phosphate: Grographic Segmentation
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Grographic Segmentation
Chapter 6: Food Phosphate Market by Application
6.1 Food Phosphate Market Overview Snapshot and Growth Engine
6.2 Food Phosphate Market Overview
6.3 Food and Beverages
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Food and Beverages: Grographic Segmentation
6.4 Meat and Seafood Processing
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Meat and Seafood Processing: Grographic Segmentation
6.5 Spice Blends
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Spice Blends: Grographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Food Phosphate Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Food Phosphate Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Food Phosphate Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 XINGA USA CORPORATION
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 HAIFA CHEMICALS LTD
7.4 ADITYA BIRLA CHEMICALS
7.5 NATURAL ENRICHMENT INDUSTRIES LLC
7.6 NUTRISCIENCE INNOVATIONS LLC
7.7 AGRIUM INC.
7.8 POTASH CORPORATION
7.9 HAWKINS INC.
7.10 INNOPHOS INC
7.11 ATP GROUP
7.12 QINGDAO SAMIN CHEMICAL CO. LTD.
7.13 THE MOSAIC COMPANY
7.14 OTHER MAJOR PLAYERS
Chapter 8: Global Food Phosphate Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Sodium Phosphate
8.2.2 Potassium Phosphate
8.2.3 Calcium Phosphate
8.2.4 Others
8.3 Historic and Forecasted Market Size By Application
8.3.1 Food and Beverages
8.3.2 Meat and Seafood Processing
8.3.3 Spice Blends
8.3.4 Others
Chapter 9: North America Food Phosphate Market Analysis, Insights and Forecast, 2016-2028
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 Sodium Phosphate
9.4.2 Potassium Phosphate
9.4.3 Calcium Phosphate
9.4.4 Others
9.5 Historic and Forecasted Market Size By Application
9.5.1 Food and Beverages
9.5.2 Meat and Seafood Processing
9.5.3 Spice Blends
9.5.4 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Food Phosphate Market Analysis, Insights and Forecast, 2016-2028
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 Sodium Phosphate
10.4.2 Potassium Phosphate
10.4.3 Calcium Phosphate
10.4.4 Others
10.5 Historic and Forecasted Market Size By Application
10.5.1 Food and Beverages
10.5.2 Meat and Seafood Processing
10.5.3 Spice Blends
10.5.4 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Food Phosphate Market Analysis, Insights and Forecast, 2016-2028
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 Sodium Phosphate
11.4.2 Potassium Phosphate
11.4.3 Calcium Phosphate
11.4.4 Others
11.5 Historic and Forecasted Market Size By Application
11.5.1 Food and Beverages
11.5.2 Meat and Seafood Processing
11.5.3 Spice Blends
11.5.4 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Food Phosphate Market Analysis, Insights and Forecast, 2016-2028
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 Sodium Phosphate
12.4.2 Potassium Phosphate
12.4.3 Calcium Phosphate
12.4.4 Others
12.5 Historic and Forecasted Market Size By Application
12.5.1 Food and Beverages
12.5.2 Meat and Seafood Processing
12.5.3 Spice Blends
12.5.4 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Food Phosphate Market Analysis, Insights and Forecast, 2016-2028
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 Sodium Phosphate
13.4.2 Potassium Phosphate
13.4.3 Calcium Phosphate
13.4.4 Others
13.5 Historic and Forecasted Market Size By Application
13.5.1 Food and Beverages
13.5.2 Meat and Seafood Processing
13.5.3 Spice Blends
13.5.4 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Food Phosphate Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 2.65 Bn. |
Forecast Period 2022-28 CAGR: |
6% |
Market Size in 2028: |
USD 3.98 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. FOOD PHOSPHATE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. FOOD PHOSPHATE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. FOOD PHOSPHATE MARKET COMPETITIVE RIVALRY
TABLE 005. FOOD PHOSPHATE MARKET THREAT OF NEW ENTRANTS
TABLE 006. FOOD PHOSPHATE MARKET THREAT OF SUBSTITUTES
TABLE 007. FOOD PHOSPHATE MARKET BY TYPE
TABLE 008. SODIUM PHOSPHATE MARKET OVERVIEW (2016-2028)
TABLE 009. POTASSIUM PHOSPHATE MARKET OVERVIEW (2016-2028)
TABLE 010. CALCIUM PHOSPHATE MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. FOOD PHOSPHATE MARKET BY APPLICATION
TABLE 013. FOOD AND BEVERAGES MARKET OVERVIEW (2016-2028)
TABLE 014. MEAT AND SEAFOOD PROCESSING MARKET OVERVIEW (2016-2028)
TABLE 015. SPICE BLENDS MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA FOOD PHOSPHATE MARKET, BY TYPE (2016-2028)
TABLE 018. NORTH AMERICA FOOD PHOSPHATE MARKET, BY APPLICATION (2016-2028)
TABLE 019. N FOOD PHOSPHATE MARKET, BY COUNTRY (2016-2028)
TABLE 020. EUROPE FOOD PHOSPHATE MARKET, BY TYPE (2016-2028)
TABLE 021. EUROPE FOOD PHOSPHATE MARKET, BY APPLICATION (2016-2028)
TABLE 022. FOOD PHOSPHATE MARKET, BY COUNTRY (2016-2028)
TABLE 023. ASIA PACIFIC FOOD PHOSPHATE MARKET, BY TYPE (2016-2028)
TABLE 024. ASIA PACIFIC FOOD PHOSPHATE MARKET, BY APPLICATION (2016-2028)
TABLE 025. FOOD PHOSPHATE MARKET, BY COUNTRY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA FOOD PHOSPHATE MARKET, BY TYPE (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA FOOD PHOSPHATE MARKET, BY APPLICATION (2016-2028)
TABLE 028. FOOD PHOSPHATE MARKET, BY COUNTRY (2016-2028)
TABLE 029. SOUTH AMERICA FOOD PHOSPHATE MARKET, BY TYPE (2016-2028)
TABLE 030. SOUTH AMERICA FOOD PHOSPHATE MARKET, BY APPLICATION (2016-2028)
TABLE 031. FOOD PHOSPHATE MARKET, BY COUNTRY (2016-2028)
TABLE 032. XINGA USA CORPORATION: SNAPSHOT
TABLE 033. XINGA USA CORPORATION: BUSINESS PERFORMANCE
TABLE 034. XINGA USA CORPORATION: PRODUCT PORTFOLIO
TABLE 035. XINGA USA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. HAIFA CHEMICALS LTD: SNAPSHOT
TABLE 036. HAIFA CHEMICALS LTD: BUSINESS PERFORMANCE
TABLE 037. HAIFA CHEMICALS LTD: PRODUCT PORTFOLIO
TABLE 038. HAIFA CHEMICALS LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. ADITYA BIRLA CHEMICALS: SNAPSHOT
TABLE 039. ADITYA BIRLA CHEMICALS: BUSINESS PERFORMANCE
TABLE 040. ADITYA BIRLA CHEMICALS: PRODUCT PORTFOLIO
TABLE 041. ADITYA BIRLA CHEMICALS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. NATURAL ENRICHMENT INDUSTRIES LLC: SNAPSHOT
TABLE 042. NATURAL ENRICHMENT INDUSTRIES LLC: BUSINESS PERFORMANCE
TABLE 043. NATURAL ENRICHMENT INDUSTRIES LLC: PRODUCT PORTFOLIO
TABLE 044. NATURAL ENRICHMENT INDUSTRIES LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. NUTRISCIENCE INNOVATIONS LLC: SNAPSHOT
TABLE 045. NUTRISCIENCE INNOVATIONS LLC: BUSINESS PERFORMANCE
TABLE 046. NUTRISCIENCE INNOVATIONS LLC: PRODUCT PORTFOLIO
TABLE 047. NUTRISCIENCE INNOVATIONS LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. AGRIUM INC.: SNAPSHOT
TABLE 048. AGRIUM INC.: BUSINESS PERFORMANCE
TABLE 049. AGRIUM INC.: PRODUCT PORTFOLIO
TABLE 050. AGRIUM INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. POTASH CORPORATION: SNAPSHOT
TABLE 051. POTASH CORPORATION: BUSINESS PERFORMANCE
TABLE 052. POTASH CORPORATION: PRODUCT PORTFOLIO
TABLE 053. POTASH CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. HAWKINS INC.: SNAPSHOT
TABLE 054. HAWKINS INC.: BUSINESS PERFORMANCE
TABLE 055. HAWKINS INC.: PRODUCT PORTFOLIO
TABLE 056. HAWKINS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. INNOPHOS INC: SNAPSHOT
TABLE 057. INNOPHOS INC: BUSINESS PERFORMANCE
TABLE 058. INNOPHOS INC: PRODUCT PORTFOLIO
TABLE 059. INNOPHOS INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. ATP GROUP: SNAPSHOT
TABLE 060. ATP GROUP: BUSINESS PERFORMANCE
TABLE 061. ATP GROUP: PRODUCT PORTFOLIO
TABLE 062. ATP GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. QINGDAO SAMIN CHEMICAL CO. LTD.: SNAPSHOT
TABLE 063. QINGDAO SAMIN CHEMICAL CO. LTD.: BUSINESS PERFORMANCE
TABLE 064. QINGDAO SAMIN CHEMICAL CO. LTD.: PRODUCT PORTFOLIO
TABLE 065. QINGDAO SAMIN CHEMICAL CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. THE MOSAIC COMPANY: SNAPSHOT
TABLE 066. THE MOSAIC COMPANY: BUSINESS PERFORMANCE
TABLE 067. THE MOSAIC COMPANY: PRODUCT PORTFOLIO
TABLE 068. THE MOSAIC COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 069. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 070. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 071. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. FOOD PHOSPHATE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. FOOD PHOSPHATE MARKET OVERVIEW BY TYPE
FIGURE 012. SODIUM PHOSPHATE MARKET OVERVIEW (2016-2028)
FIGURE 013. POTASSIUM PHOSPHATE MARKET OVERVIEW (2016-2028)
FIGURE 014. CALCIUM PHOSPHATE MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. FOOD PHOSPHATE MARKET OVERVIEW BY APPLICATION
FIGURE 017. FOOD AND BEVERAGES MARKET OVERVIEW (2016-2028)
FIGURE 018. MEAT AND SEAFOOD PROCESSING MARKET OVERVIEW (2016-2028)
FIGURE 019. SPICE BLENDS MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA FOOD PHOSPHATE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE FOOD PHOSPHATE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC FOOD PHOSPHATE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA FOOD PHOSPHATE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA FOOD PHOSPHATE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Food Phosphate Market research report is 2022-2028.
Haifa Chemicals LTD, Aditya Birla Chemicals, Xingfa USA, Nutriscience Innovations LLC, Nutrien, Innophos Inc, and Other Major Players.
The Food Phosphate Market is segmented into Type, Source, Application, Type, and Region. By Type, the market is categorized into Sodium Phosphate, Potassium Phosphate, Calcium Phosphate, and Others. By Application, the market is categorized into Food & Beverages, Meat & Seafood Processing, Spice Blends, and Others. 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.).
The vital application of phosphate is that it holds more water in meat and poultry products during cooking which enhances the color, texture, flavor, and juiciness of the product. It is used as an additive and flavoring agent in beverages. Sodium pyrophosphate is used in seafood products.
The Global Food Phosphate market was estimated at USD 2.65 billion in 2021, and is anticipated to reach USD 3.98 billion by 2028, growing at a CAGR of 6%.