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.
At present, the major manufacturers of food-grade phosphate are ICL PP, Innophos, Budenheim, Xingfa Chemicals Group, Blue Sword Chem, Prayon, Wengfu Gene-Phos Chem, Chengxing Industrial Group, 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.
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.
The global Food Phosphate market is valued at 2330 million US$ in 2018 and will reach 2800 million US$ by the end of 2025, growing at a CAGR of 2.3% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Food Phosphate market based on company, product type, end user and key regions.
This report studies the global market size of Food Phosphate in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Food Phosphate in these regions.
This research report categorizes the global Food Phosphate market by top players/brands, region, type and end user. This report also studies the global Food Phosphate market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Xingfa Chemicals Group
Blue Sword Chem
Wengfu Gene-Phos Chem
Chengxing Industrial Group
Aditya Birla Chem
Zhongshen Phosphates Chem
RIN KAGAKU KOGYO
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Food Phosphate market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Food Phosphate market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Food Phosphate companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Food Phosphate submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Food Phosphate are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Food Phosphate market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.