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Dicalcium Phosphate Market Outlook, Industry Size, Share Report 2023 - Kemapco Arab Fertilizers & Chemicals Industries LTD, ICL, Merck KGaA, Hindustan Phosphates Pvt. Ltd., Mitushi Biopharma, Bamni Proteins Limited and Guizhou Zerophos Chemical Co., Ltd

03-28-2019 08:53 AM CET | Health & Medicine

Press release from: Market Research Future

Dicalcium Phosphate: Rising Demand in Animal Feed and Fertilizer Sector will boost the Global Market Growth

Dicalcium Phosphate: Rising Demand in Animal Feed and Fertilizer Sector will boost the Global Market Growth

As per our analysis, some of the important market factors and trends identified in the Global Dicalcium Phosphate are, growing awareness, rising consumption of dietary products, increasing population. Increasing number of working professional along with increasing per capita disposable income is estimated to boost up the demand for Dicalcium Phosphate Market during the assessment period (2016-2023). Increasing usage of Dicalcium Phosphate in the manufacturing of medicines and other healthcare products along with the rising demand for medicinal products is estimated to propel the growth of the market. Moreover, rising demand for Dicalcium Phosphate based fertilizers along with continuous expansion of agriculture sector is predicted to give a new momentum to the demand for Dicalcium Phosphate. Additionally, rapid expansion of dairy industry as well as rise in meat consumption in the emerging economies is predicted to positively influence demand patterns. Furthermore, improved lifestyle and growing purchasing power of consumer are some other factors, estimated to positively influence the growth of the market. Prominent market players operating in this sector are spending a huge amount in research & development to increase the functionalities of Dicalcium Phosphate, which in turn is expected to fuel the market growth. However, high cost of raw material such as phosphorus is expected to hamper the growth of the market.

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Dicalcium Phosphate is a white, odorless powder with chemical formula CaHPO4. It is also known as calcium monohydrogen phosphate or dibasic calcium phosphate. It is one of the mineral phosphorous sources which is commonly used in organic diets. It is commonly produced by reacting superphosphate with an alkaline agent. The limiting agent combined with superphosphate and a chemical reaction occurs to produce Dicalcium Phosphate. Dicalcium Phosphate is commonly used as dough modifier, nutritional supplement, emulsifier, leavening agent, and stabilizer in cake, pastry, flour, and baked goods. Moreover, it is used in milk products, ice cream, biscuits, and drinks as a nutrient supplement. It is widely used in numerous application such as fertilizer, animal feed, pharmaceuticals, cosmetics, food & beverages, and others.

Segmentation:-

The Global Dicalcium Phosphate Market is segmented on the basis of Production Method, Application, and Region.

On the basis of Production Method, the market is classified into phosphoric acid route, and hydrochloric acid route. Among these, hydrochloric acid route is prominently used across the globe on account of ease of operational method.

On the basis of Application, the market is categorized into animal feed, fertilizer, food & beverage, pharmaceuticals, cosmetics, and others. Among them, animal feed accounted for the largest market share of Global Dicalcium Phosphate Market in 2016 and is expected to expand with a healthy CAGR over the assessment period. The growth factor associated with above mentioned segment is continuous growth of poultry and meat business. Increasing demand for animal fodder or dietary product due to limited availability of arable land. New product launches in cosmetics and pharmaceutical segments as well as strong utilization of Dicalcium Phosphate are among the major factors expected to give new momentum to the growth of the market.

Key Players

Some of the prominent players operating in the global dicalcium phosphate market are Kemapco Arab Fertilizers & Chemicals Industries LTD (Jordan), ICL (Israel), CaP Biomaterials, LLC (U.S.), Merck KGaA (Germany), Hindustan Phosphates Pvt. Ltd. (India), AARTI INDUSTRIES LIMITED (India), Gujarat Narmada Valley Fertilizers & Chemicals Ltd (India), Mitushi Biopharma.(India), Bamni Proteins Limited (India), and Guizhou Zerophos Chemical Co., Ltd. (India) among others.

Geographical Analysis

The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Intended Audience

Dicalcium Phosphate manufacturers

Traders and Distributors of dicalcium phosphate

Production Process Industries

Potential Investors

Raw Material Suppliers

Nationalized Laboratory

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.marketresearchfuture.com/reports/dicalcium-phosphate-market-1356

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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