Feed Phosphates Market Share, Size, Trends, Industry Analysis Report, By Type (Dicalcium, Monocalcium, Mono-dicalcium, Defluorinated, Tricalcium); By Livestock; By Form; By Region; Segment Forecast, 2023- 2032
The global feed phosphates market size is expected to reach USD 3.87 billion by 2032, according to a new study by Polaris Market Research. The report “Feed Phosphates Market Share, Size, Trends, Industry Analysis Report, By Type (Dicalcium, Monocalcium, Mono-dicalcium, Defluorinated, Tricalcium); By Livestock; By Form; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Phosphorus is a crucial mineral for the growth, health, and well-being of animals since it builds bones and promotes growth. Along with other assets, it is necessary to guarantee the durability of eggshells and crustacean shells. Research activities are revealing a need for effective strategies by the government to promote livestock production. A study published in the Indian Journal of Animal Sciences researched livestock production, demand, productivity, and availability in the Nagaland state of India.
The demand for meat has significantly increased, particularly pork, because of changing lifestyles, growing urbanization, and rising affluence. A total of 50% of all animal products need to be added in the state, resulting in supply shortages in the region. Nagaland needs to implement competitive and sustainable livestock production technologies that not only boost productivity but also have a good influence on the environment and animal ethics to meet the growing demand for livestock products, which, in a way, facilitates the demand for feed phosphates in the coming years.
Rising research activities to innovate and evaluate various chemicals with a view to stimulating livestock production are embarking on new growth opportunities for the market. A 2023 study published in PubMed Central focused on finding the digestibility of phosphorus in feed phosphates pertaining to pigs and poultry. The study suggested that if diets are designed to contain equal quantities of digestible phosphorus & calcium, it is unlikely that animal performance will be affected by the source of phosphates.
Information on the mineral quantity & digestibility values in the feed phosphates is needed when formulating diets for pigs & poultry. The ongoing studies on animal feed and phosphorus effectiveness in improving livestock health are creating awareness among individuals specializing in livestock production. This may further drive demand for feed phosphates in the coming years.
Feed Phosphates Market Report Highlights
Dicalcium phosphate segment is anticipated to witness the highest growth in the coming years due to the prevalence of its use in livestock feed.
Poultry segment accounts for the largest market share owing to its effectiveness in meeting nutritional requirements for quality eggs and meat.
Powder segment is projected to experience a larger revenue share due to its ease of use in livestock feed.
Europe is projected to register the largest growth rate in the study period owing to expanding livestock production in the region.
APAC is expected to have the fastest growth owing to increasing poultry production, driving the need for healthy feed.
The global players include AB LIFOSA, Eurochem, Fosfitalia Group, J.R. Simplot Company, Nutrien, OCP Group, PhosAgro, Phosphea, Potash Corporation, Reanjoy Laboratories, Rotem, The Mosaic Company & Yara International.
Polaris Market Research has segmented the feed phosphates market report based on type, livestock, form, and region:
Feed Phosphates, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Dicalcium phosphate
Monocalcium phosphate
Mono-dicalcium phosphate
Defluorinated phosphate
Tricalcium phosphate
Others
Feed Phosphates, Livestock Outlook (Revenue - USD Billion, 2019 - 2032)
Poultry
Swine
Ruminants
Aquaculture
Others
Feed Phosphates, Form Outlook (Revenue - USD Billion, 2019 - 2032)
Powder
Granule
Feed Phosphates, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa