Global Food-Grade Phosphate Market Growth 2023-2029

Global Food-Grade Phosphate Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Food-Grade Phosphate Industry Forecast” looks at past sales and reviews total world Food-Grade Phosphate sales in 2022, providing a comprehensive analysis by region and market sector of projected Food-Grade Phosphate sales for 2023 through 2029. With Food-Grade Phosphate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food-Grade Phosphate industry.
This Insight Report provides a comprehensive analysis of the global Food-Grade Phosphate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food-Grade Phosphate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food-Grade Phosphate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food-Grade Phosphate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food-Grade Phosphate.
The global Food-Grade Phosphate market size is projected to grow from US$ 2552.3 million in 2022 to US$ 2946.8 million in 2029; it is expected to grow at a CAGR of 2946.8 from 2023 to 2029.
Global Food-Grade Phosphate key players include ICL PP, Prayon, Innophos, Xingfa Chemicals, Blue Sword Chemical, etc. Global top five manufacturers hold a share about 50%. Europe and North America is the largest market, both with a share over 30%, followed by China, with a share about 25 percent. In terms of product, STPP is the largest segment, with a share about 40%. And in terms of application, the largest application is Meat, followed by Seafood, Beverage.
This report presents a comprehensive overview, market shares, and growth opportunities of Food-Grade Phosphate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
STPP
SHMP
SAPP
TSPP
Other
Segmentation by application
Meat
Seafood
Beverage
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Food-Grade Phosphate market?
What factors are driving Food-Grade Phosphate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Food-Grade Phosphate market opportunities vary by end market size?
How does Food-Grade Phosphate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.