Global Food-Grade Phosphate Market Research Report 2021

SKU ID : QYR- 17215075

Publishing Date : 15-Jan-2021

No. of pages : 130

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  • 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.

    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 2016, 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 PP, Innophos, Budenheim, Xingfa Chemicals , Blue Sword Chem, Prayon, Wengfu Gene-Phos Chem, Chengxing Industrial , Hens, Chuandong Chem, Mianyang Aostar, CERDI, Aditya Birla Chem, Thermphos, Nippon Chem, Tianrun Chem, Huaxing Chem, Zhongshen Phosphates Chem, Fosfa
    AsiaPhos, Mexichem, Fosfitalia, Tianjia Chem and Rin Kagaku Kogyo, etc. The top ten of them is holding about 60% sales market share in 2016.

    The global Food-Grade Phosphate market was valued at US$ 2427.2 million in 2019 and is expected to reach US$ 2792.4 million by the end of 2026, growing at a CAGR of 2.0% during 2021-2026.
    This report focuses on Food-Grade Phosphate volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Food-Grade Phosphate market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

    Global Food-Grade Phosphate Market: Segment Analysis
    The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

    Segment by Type
    STPP
    SHMP
    SAPP
    TSPP
    Other

    Segment by Application
    Meat
    Seafood
    Beverage
    Other

    By Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Philippines
    Vietnam
    Latin America
    Mexico
    Brazil
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    U.A.E

    By Company
    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

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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