Global Phosphate Category - Procurement Market Intelligence Report
About Global Phosphate
Phosphates are used in meat products for several reasons such as stabilizing its pH value, improving texture and sensory properties (color, juiciness, tenderness, and flavor), and extending shelf-life. Feed phosphates are extensively used to enhance animal fertility as well as in aiding bone growth. The majority of demand comes from China, which is experiencing an increase in pig farming, owing to the demand for high-quality pork. Phosphorus is used for optimizing growth in pigs as well as ensuring the longevity of life.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Phosphate Market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Phosphate Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Phosphate Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Phosphate Category - Procurement Market Intelligence Report: The Mosaic company, OCP, PhosAgro, Jordan Phosphate Mines, and Ma'aden.
Commenting on the report, an analyst from SpendEdge said: “Buyers must collaborate with suppliers to monitor phosphate market dynamics.”
According to the report, a key growth driver for the phosphate market is the high demand from the meat and dairy product manufacturers.
Further, the report states that one of the procurement challenges faced by buyers in this market space is the decline in phosphate exports from China.
The Mosaic company, OCP, PhosAgro, Jordan Phosphate Mines, Ma'aden
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