Food-Grade Phosphate Market

The global Food-Grade Phosphate market was valued at 2507.91 Million USD in 2021 and will grow with a CAGR of 1.92% from 2021 to 2027, based on Research newly published report.

The prime objective of Food-Grade Phosphate Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Food-Grade Phosphate Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Food-grade phosphates are used in the production of foods to function as buffers, sequestrants, acidulants, bases, flavors, cryoprotectants, gel accelerants, dispersants, nutrients, precipitants, and as free-flow (anticaking) or ionexchange agents. The actions of phosphates affect the chemical leavening of cakes, cookies, pancakes, muffins, and doughnuts; the even melt of processed cheese; the structure of a frankfurter; the bind and hydration of delicatessen meats; the fluidity of evaporated milk; the distinctive flavor of cola beverages; the free flow of spice blends; the mineral content of isotonic beverages; and the light color of par-fried potato strips.

The global sales volume of food-grade phosphate increases to 1279 K MT in 2016 from 1504 K MT in 2012, at a CAGR of more than 3.85%. In 2016, the global food-grade phosphate market is led by China, capturing about 1/3 of global food-grade phosphate production volume. North America is the second-largest region-wise market with 26.7% global Share, followed by Europe (26.6%). Food-grade phosphate downstream is wide in food industry. Recently, food-grade phosphate has increased significance in various fields of meat, sea food, beverage and other applications when food is processing, packing or baking. Globally, the food-grade phosphate market is mainly driven by growing demand for meat, sea food and beverage which account for nearly 75% of total downstream consumption of food-grade phosphate in global in 2016. Based on types of food-grade phosphate available in the market, the report segments the market into STPP, SHMP, SAPP, TSPP and other food-grade phosphate (DSP, TSP, STMP, etc.).

The market for STPP accounted for the largest market share in 2016, followed by SHMP, SAPP and TSPP, etc. According to our research and analysis, manufacturers from China, USA, Germany, France, Belgium, Mexico, Thailand, Japan, etc., are the leaders in global market of food-grade phosphate. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field at present. At present, the major manufacturers of food-grade phosphate are ICL PP, Innophos, Budenheim, Xingfa Chemicals , Blue Sword Chem, Prayon, Wengfu Gene-Phos Chem, Chengxing Industrial , Hens, Chuandong Chem, Mianyang Aostar, CERDI, Aditya Birla Chem, Thermphos, Nippon Chem, Tianrun Chem, Huaxing Chem, Zhongshen Phosphates Chem, Fosfa AsiaPhos, Mexichem, Fosfitalia, Tianjia Chem and Rin Kagaku Kogyo, etc. The top ten of them is holding about 60% sales market share in 2016.

By Market Verdors:

• ICL PP
• Innophos
• Budenheim
• Xingfa Chemicals
• Blue Sword Chemical
• Prayon
• Wengfu Gene-Phos Chem
• Chengxing Industrial
• Hens
• Chuandong Chemical
• Mianyang Aostar
• Chengdu Chemical Engineering
• Aditya Birla Chemicals
• Thermphos
• Nippon Chemical
• Tianrun Chemical
• Huaxing Chemical
• Guizhou Zhongshen Phosphates Chemical
• Fosfa
• AsiaPhos
• Mexichem
• Fosfitalia
• Tianjia Chem
• RIN KAGAKU KOGYO

By Types:

• STPP
• SHMP
• SAPP
• TSPP

By Applications:

• Meat
• Seafood
• Beverage

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
• Besides the standard structure reports, we also provide custom research according to specific requirements.