Food-Grade Phosphate Industry Overview 2020 Forecast 2025
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.
The worldwide market for Food-Grade Phosphate is expected to grow at a CAGR of roughly 2.0% over the next five years, will reach 2610 million US$ in 2024, from 2330 million US$ in 2019,
The report portraying research of the Global Food-Grade Phosphate Market Insights, Forecast To 2025 encompasses the rapid expansion of this market for its forecast that is estimated. The report comprises of an entire overview of the market, including the market size, share, and the projection of this global market, within a specific interval of time. In addition, it details the attracting facets for its growth along with the major players functioning in this market.
Key Companies: ICL PP, Innophos, Budenheim, Xingfa Chemicals Group, Blue Sword Chemical, Prayon, Wengfu Gene-Phos Chem, Chengxing Industrial Group, Hens, Chuandong Chemical, Mianyang Aostar, Chengdu Chemical Engineering Research & Design Institute, Aditya Birla Chemicals, Thermphos, Nippon Chemical, Tianrun Chemical, Huaxing Chemical, Guizhou Zhongshen Phosphates Chemical, Fosfa, AsiaPhos, Mexichem, Fosfitalia, Tianjia Chem, RIN KAGAKU KOGYO
Market by Type: STPP, SHMP, SAPP, TSPP, Other
Market by Application: Meat, Seafood, Beverage, Other
The Global Food-Grade Phosphate Market research report offers invaluable insights into the leading competitors influencing the growth of the market, namely their size, industry summary, and product portfolio. The Food-Grade Phosphate research analysis covers the expansion of the market players that are well known. While calculating the growth of the Food-Grade Phosphate market players, the report then considers their latest advancements in the said market.
The outline of this Food-Grade Phosphate industry, for example, product definitions, economic drivers, segmentation, key vendors, and economic challenges. The overall market evaluation is provided, taking into account its competitive landscape, growth tendencies, and development status.
The research report includes historical data from 2016 to 2020 and forecasts until 2025, which makes the report a valuable source of repository for everyone interested in this market, including but not limited to industry executives, consultants, researchers, analysts, and marketing, sales and product managers, as well as other industry professionals who are in search of key market insights in readily available documents with clearly presented graphs and statistics.
Some Of The Major Geographies Included In This Study:
North America (U.S and Canada and Rest of North America)
Europe (Germany, France, Italy and Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)
For industrial chain analysis, the report mentions the upstream raw materials, major raw material suppliers, downstream demand analysis, equipment, distribution and marketing channels, market development trends and governing factors, and proposals, which particularly include precise data on the key market applications and consumption, consumption and production rate, key regions, key global distributors, major raw material suppliers, major manufacturing equipment suppliers, major suppliers, as well as their contact information and supply chain analysis.
Global Food-Grade Phosphate Market details the following key factors:
A thorough context analysis of the Global Food-Grade Phosphate Market, which includes a complete assessment of the parent market.
Foremost trends by segments, sub-segments, and regional markets.
Significant changes in industry dynamics & overview.
Market breakdown up to the second or third level.
Market shares, methods, and approaches of leading competitors in the global Food-Grade Phosphate market.
Present and estimated size of the market, in terms of both value and volume.
Reporting and evaluation of the latest industry developments.
Reasons for Buying this Report:
This research study provides a detailed analysis of the changing competitive dynamics.
It also provides a forward-looking view on the various components responsible for driving or constraining the growth of the market.
It provides a technological growth map over time, so as to understand the industry growth rate.
It likewise provides a five year forecast evaluated on the basis of how the industry is forecasted to grow.
It helps in understanding the key product segments and their future growth prospects.
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