Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Food Grade Phosphates, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Phosphates. This report contains market size and forecasts of Food Grade Phosphates in global, including the following market information:
Global Food Grade Phosphates Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Food Grade Phosphates Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Food Grade Phosphates companies in 2022 (%)
The global Food Grade Phosphates market was valued at US$ 2684.5 million in 2022 and is projected to reach US$ 3402.8 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Food-Grade Phosphate key players include ICL PP, Prayon, Innophos, Xingfa Chemicals, Blue Sword Chemical, etc. Global top five manufacturers hold a share about 50%. Europe and North America is the largest market, both with a share over 30%, followed by China, with a share about 25 percent. In terms of product, STPP is the largest segment, with a share about 40%. And in terms of application, the largest application is Meat, followed by Seafood, Beverage.
We surveyed the Food Grade Phosphates manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Grade Phosphates Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Food Grade Phosphates Market Segment Percentages, by Type, 2022 (%)
Orthophosphate
Polyphosphate
Metaphosphate
Global Food Grade Phosphates Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Food Grade Phosphates Market Segment Percentages, by Application, 2022 (%)
Steamed Bread
Fruit Juice
Dairy Products
Meat Products
Other
Global Food Grade Phosphates Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Food Grade Phosphates Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Grade Phosphates revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Food Grade Phosphates revenues share in global market, 2022 (%)
Key companies Food Grade Phosphates sales in global market, 2018-2023 (Estimated), (MT)
Key companies Food Grade Phosphates sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Aditya Birla Chemicals
OMNISAL
TKI
INNOPHOS
Foodchem Int?l. Corp.
Mitsubishi Int?l. Food Ingredients Inc.
Natural Enrichment Industries LLC
NutriScience Innovations LLC
Saminchem
Sucroal S.A.
Westco Chemicals Inc.
Zhong Ya Chemical USA Ltd.
ICL
Sichuan Zhituo Biochem Technology
FMC
XingFa Group
Budenheim
Outline of Major Chapters:
Chapter 1: Introduces the definition of Food Grade Phosphates, market overview.
Chapter 2: Global Food Grade Phosphates market size in revenue and volume.
Chapter 3: Detailed analysis of Food Grade Phosphates manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Food Grade Phosphates in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Food Grade Phosphates capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
