Global Phosphate Market Growth 2023-2029

Global Phosphate Market Growth 2023-2029

Phosphate includes several naturally occurring minerals that contain phosphorus as well as other elements. It is primarily used to produce fertilizers for food production. It may also be used in animal feed supplements, food preservatives and many industrial products.
LPI (LP Information)' newest research report, the “Phosphate Industry Forecast” looks at past sales and reviews total world Phosphate sales in 2022, providing a comprehensive analysis by region and market sector of projected Phosphate sales for 2023 through 2029. With Phosphate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phosphate industry.
This Insight Report provides a comprehensive analysis of the global 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 Phosphate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Phosphate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Phosphate.
The global Phosphate market size is projected to grow from US$ 32980 million in 2022 to US$ 43230 million in 2029; it is expected to grow at a CAGR of 43230 from 2023 to 2029.
OCP Group, Mosaic, PhosAgro, Ma'aden, Nutrien, ICL and Yunnan Phosphate are major manufacturers of this industry. OCP Group is a global leader. In 2019, OCP Group held a market share of 11.06%.
This report presents a comprehensive overview, market shares, and growth opportunities of Phosphate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fertilizer Grade
Feed Grade
Food Grade
Others
Segmentation by application
Fertilizers
Animal Feed
Foods & Beverages
Detergents
Water Treatment Chemicals
Others
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.
OCP Group
Mosaic
PhosAgro
Ma’aden
Nutrien
ICL
Yara
Simplot
EcoPhos
JPMC
Yunnan Phosphate
Kailin Group
Hubei Xingfa
Sichuan Lomon
Wengfu Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Phosphate market?
What factors are driving Phosphate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Phosphate market opportunities vary by end market size?
How does 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.