Food phosphate Market Global Overview on Prayon, Aditya Birla, Uniwar and Fosfa A.S Other participants include ATP group, TKI Hrashtnik

The Food phosphate report on crucial research document for its targeted audiences, the report speaks about the Food phosphate market overview that assists with definition, classification and statistical details of the market that reveals the Food phosphate market current status and future forecast. In the next consecutive part, the report describes the drivers and restraints affecting the market alongside various Food phosphate market trends that are shaping the market’s supply and distribution chains.

According to the Food and Agriculture Organization, more than 2 billion across the globe experience deficiency in pivotal minerals and vitamins such as iodine, zinc, vitamin A, and iron and zinc, which occurs due to lack of access to micronutrient-rich foods such as meat and fish. As regional governments strive to ensure adequate food supply across low-income as well as middle-income countries, the demand for meat and poultry products is bound to surge in the years to come, thereby expediting the commercialization graph of the overall food phosphate market.

Food phosphate Market size is set to exceed USD 2.4 billion by 2024, Focus on product development by manufacturers and expansion in production capacities along with increased food consumption especially in U.S., Germany, France, China and India should drive product demand.

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Report Mainly focuses on the top Manufacturers in global market are given bellow

Haifa group, Prayon, Aditya Birla, Uniwar and Fosfa A.S Other participants include ATP group, TKI Hrashtnik, Brewcraft, Nutriscience Innovations and Saminchem

Powered by a profoundly vast application spectrum spanning the dairy, meat processing, beverages, bakery products, and seafood processing sectors, global food phosphate market is well on its way to capture a commendable share of the overall food and nutrition industry. Of late, the demand for meat and meat products has soared several notches higher, necessitating the requirement of pH value maintenance in these products, gradually stimulating the global food phosphate market on account of the product’s alkaline nature.

Food Phosphates Market By Product

• Sodium Phosphates
• Sodium tri polyphosphate
• Sodium Acid Pyro phosphate
• Potassium Phosphate
• Dipotassium Phosphate
• Monopotassium phosphate
• Tetra potassium phosphate
• Calcium Phosphate
• Phosphoric Acid
• Ammonium Phosphate

Food Phosphates Market By Application

• Dairy
• Bakery
• Meat & Seafood processing
• Beverages

Meat & seafood applications could surpass USD 1 billion in sales by 2024. Increasing focus on development of new products to match requirements of meal processing industry will drive the market demand. They are utilized to improve texture and flavour of stored seafood, moisture retention and preservation of nutrients.

Potassium based food phosphate market size will witness gains of over 3.5%. It finds wide range of applications in soft drinks, processed meats and canned fish. These are used as additives in meals are more readily absorbed by body and hence are preferred for kidney patients.

Natural phosphate rock, after intensive purification is used as a feedstock for manufacturing process and finds application in fertilizers, industrial and animal feed. This factor may create supply deficit in the industry and affect food phosphate market price trend.

Germany food phosphate market size from meat processing applications will generate over USD 55 million at the end of forecast timeframe. Germany is one of the largest meal processing country in Europe. Seafood processing and dairy accounted for a larger chunk of the total meal processing output of Germany in 2014.

India food phosphate market size from dairy application will witness gains at over 4% by 2024. Processed cheese accounts for a major share of application in dairy products. It is used to prevent butter oil from separating from protein, spread ability, easy slice and to get the desired viscosity.

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The above information is provided on a regional and country basis for the following:

U.S., Canada, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Indonesia, Thailand, Australia, Brazil, Argentina, Mexico, Saudi Arabia, UAE, South Africa

The contribution of food and chemical companies toward the expansion of food phosphate industry is indeed remarkable. For instance, recently, JDCPhosphate Inc. declared the successful deployment of proprietary IHP (improved hard process) technology that would help produce high quality super-phosphoric acid (SPA) with the help of low quality phosphate rock tailings. JDC’s innovative technology is touted to majorly improve the sustainability of the phosphate sector by opening up novel sources of phosphate rock which would prove to be critical for food production, thereby impelling food phosphate industry share.

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