The global demand for Food Phosphate Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Food phosphates are used in the production of foods to function as buffers, flavours, cryoprotectants, bases, accelerants, dispersants, nutrients, precipitants, sequestrants, acidulants, and as free-flow ion-exchange agents. They are mainly used in frozen, fisheries, bakery products, milk, cheese, powdered food, breakfast cereals, cured meat, as well as in pet food, animal feed products and dehydrated potatoes.
Dietary shifts are an important component amplifying the global demand for food phosphate. In recent years, there have been major changes in human diets, including a global increase in meat consumption and total calorie intake. Meat consumption was the most important factor affecting the demand for food-grade phosphate demand. Internationalization of diets and growing popularity of ready-to-use food, processed foods, and ready to eat dishes is pushing demand forward. However, rising prices and complicating trade relations among nations is projected to hamper the growth of the market. China is among the top producer of food phosphate. Complicating trades relation due to COVID-19 pandemic is predicted to lower Chinese exports and hence market dynamics.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of food phosphate.
The entire food phosphate market has been sub-categorized into type and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Sodium Phosphate
- Potassium Phosphate
- Calcium Phosphate
- Phosphoric Acid
- Aluminium Phosphate
- Bakery Products
- Meat and Seafood Processing
This section covers regional segmentation which accentuates on current and future demand for food phosphate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Food Phosphate Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the food phosphate market include Haifa Chemicals Ltd., Aditya Birla Chemicals, Sulux Phosphates Ltd., Fosfa a.s., Budenheim. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.