Global Phosphate for Food Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Phosphate for Food Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Phosphate for Food market size was valued at US$ 2423 million in 2023 and is forecast to a readjusted size of USD 2733 million by 2030 with a CAGR of 1.8% during review period.

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.

Based on types of food-grade phosphate available in the market, the report segments the market into STPP, SHMP, SAPP, TSPP and other food-grade phosphate (DSP, TSP, STMP, etc.). The market for STPP accounted for the largest market share in 2019, followed by SHMP, SAPP and TSPP, etc.

According to our research and analysis, manufacturers from China, USA, Germany, France, Belgium, Mexico, Thailand, Japan, etc., are the leaders in global market of food-grade phosphate. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field at present.

At present, the major manufacturers of food-grade phosphate are ICL Phosphate Specialty, Innophos, Prayon, Budenheim, Xingfa Chemicals Group, Blue Sword Chemical, Fosfa, Chengxing Industrial Group, Orbia (Quimir), Wengfu Gene-Phos Chem, Chuandong Chemical, Hens, Thermphos, Aditya Birla Chemicals, Mianyang Aostar, Rin Kagaku Kogyo, Tianjia Chem, Nippon Chemical, Tianrun Chemical, Huaxing Chemical, Hindustan Phosphates; the revenue of top ten manufacturers accounts about 62% of the total revenue in 2019. The high-end products mainly come from Europe and North America.

This report is a detailed and comprehensive analysis for global Phosphate for Food market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Phosphate for Food market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2019-2030

Global Phosphate for Food market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2019-2030

Global Phosphate for Food market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2019-2030

Global Phosphate for Food market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Phosphate for Food

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Phosphate for Food market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ICL Phosphate Specialty, Innophos, Prayon, Budenheim, Xingfa Chemicals Group, Blue Sword Chemical, Fosfa, Chengxing Industrial Group, Orbia (Quimir), Wengfu Gene-Phos Chem, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Phosphate for Food market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
STPP
SHMP
SAPP
TSPP
Others

Market segment by Application
Meat
Seafood
Beverage
Other

Major players covered
ICL Phosphate Specialty
Innophos
Prayon
Budenheim
Xingfa Chemicals Group
Blue Sword Chemical
Fosfa
Chengxing Industrial Group
Orbia (Quimir)
Wengfu Gene-Phos Chem
Chuandong Chemical
Hens
Thermphos
Aditya Birla Chemicals
Mianyang Aostar
Rin Kagaku Kogyo
Tianjia Chem
Nippon Chemical
Tianrun Chemical
Huaxing Chemical
Hindustan Phosphates

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Phosphate for Food product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Phosphate for Food, with price, sales quantity, revenue, and global market share of Phosphate for Food from 2019 to 2024.

Chapter 3, the Phosphate for Food competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Phosphate for Food breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Phosphate for Food market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Phosphate for Food.

Chapter 14 and 15, to describe Phosphate for Food sales channel, distributors, customers, research findings and conclusion.