Over the next five years the Surface Disinfectant market will register a 7.7% CAGR in terms of revenue, the global market size will reach USD 2633.3 million by 2027.
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 report also assesses the key opportunities in the Food-Grade Phosphate market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Food-Grade Phosphate Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key players in the Food-Grade Phosphate Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Food-Grade Phosphate Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes 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 and others.
Industry News:
16 October, 2020: Making food tastier, prettier and longer lasting
Aditya Birla Chemicals is a leading manufacturer of food grade phosphates in Thailand and a leading supplier of phosphates globally
In the past decade itself, we have gone from eating home cooked meals to depending on convenience and fast food, eating out and are now back to eating at home. This constant change in our food consumption habits has led to a rapid and steady growth of the food processing sector. Food processing requires inputs of specialty chemicals and that’s where Aditya Birla Chemicals’ innovation capabilities have supported the food sector.
Global Food-Grade Phosphate Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Food-Grade Phosphate Market is segmented based on the type, applications, companies and regions.
By Type, Food-Grade Phosphate Market has been segmented into
The end user’s industry application on Food-Grade Phosphate Market is,
Regional Analysis:
Due to an increase in demand for bakery and confectionery items, the North American food phosphate market is expected to approach USD 600 million by 2027. Market statistics have been driven by a growing consumer interest on high-protein diets, as well as increased affordability. Because of its high naturalising value and quick action, monocalcium phosphate is widely employed in baked goods. Additionally, producers are using phosphate to improve the texture and baking elements of baked products such as cake and cookies in order to provide nutritious content with no negative effects. This has resulted in a surge in market demand.
The report offers in-depth assessment of the growth and other aspects of the Food-Grade Phosphate Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Food-Grade Phosphate Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Food-Grade Phosphate Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 2.1% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| 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 |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs
What is the study period of this market?
The Food-Grade Phosphate Market is studied from 2017 - 2027.
What is the growth rate of Food-Grade Phosphate Market?
The Food-Grade Phosphate Market is growing at a CAGR of 2.1% over the next 5 years.
Who are the key players in Food-Grade Phosphate Market?
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
What region does this Food-Grade Phosphate Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Food-Grade Phosphate Market?
STPP, SHMP, SAPP, TSPP, Other
What are the major end-use applications of Food-Grade Phosphate Market?
Meat, Seafood, Beverage, Other
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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