MarketResearchNest.com
adds “Global Food-Grade Phosphate Market
Growth 2019-2024”new report to its research database.
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 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. The top ten of them is holding about 60% sales market share in
2016.
According to this study, over the next five years the
Food-Grade Phosphate market will register a 2.0% CAGR in terms of revenue, the
global market size will reach US$ 2610 million by 2024, from US$ 2330 million
in 2019. In particular, this report presents the global market share (sales and
revenue) of key companies in Food-Grade Phosphate business, shared in Chapter
3.
This report presents a comprehensive overview, market
shares, and growth opportunities of Food-Grade Phosphate market by product
type, application, key manufacturers and key regions and countries.
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This study considers
the Food-Grade Phosphate value and volume generated from the sales of the
following segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
STPP
·
SHMP
·
SAPP
·
TSPP
·
Other
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Meat
·
Seafood
·
Beverage
·
Other
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contents and data tables @
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,China,
Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK,
Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa,Israel,
Turkey, GCC Countries
The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
ICL PP
·
Innophos
·
Budenheim
·
Xingfa Chemicals Group
·
Blue Sword Chemical
·
Prayon
·
Wengfu Gene-Phos Chem
·
Chengxing Industrial Group
·
Hens
·
Chuandong Chemical
·
Mianyang Aostar
·
Chengdu Chemical Engineering Research and Design
Institute
·
Aditya Birla Chemicals
·
Thermphos
·
Nippon Chemical
·
Tianrun Chemical
·
Huaxing Chemical
·
Guizhou Zhongshen Phosphates Chemical
·
Fosfa
·
AsiaPhos
·
Mexichem
·
Fosfitalia
·
Tianjia Chem
·
RIN KAGAKU KOGYO
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In addition, this report discusses the key drivers
influencing market growth, opportunities, the challenges and the risks faced by
key players and the market as a whole. It also analyzes key emerging trends and
their impact on present and future development.
Research objectives
·
To study and analyze the global Food-Grade
Phosphate consumption (value and volume) by key regions/countries, product type
and application, history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Food-Grade
Phosphate market by identifying its various subsegments.
·
Focuses on the key global Food-Grade Phosphate
manufacturers, to define, describe and analyze the sales volume, value, market
share, market competition landscape, SWOT analysis and development plans in
next few years.
·
To analyze the Food-Grade Phosphate with respect
to individual growth trends, future prospects, and their contribution to the
total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of Food-Grade
Phosphate submarkets, with respect to key regions (along with their respective
key countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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