What's driving the Calcium Phosphate Market Growth? Innophos, Prayon, OCP Group, Inc., Chemische Fabrik Budenheim, KEMAPCO - Arab Fertlizers and Chemicals Ind., American Elements, Nitta Gelatin NA Inc.
Development in biomedical sector such as nanomedicine, healing and preventing calcium deficiencies, lower the risk of colorectal cancer and well-built teeth and bones will enhance the industry growth. Calcium phosphate nanoparticles have gained interest owing to biodegradability and high biocompatibility properties.
1. Merck Millipore
2. The Mosaic Company
5. OCP Group, Inc.
6. Chemische Fabrik Budenheim
7. American Elements
8. KEMAPCO - Arab Fertlizers and Chemicals Ind.
9. Gadot Biochemical Industries Ltd.
10. Euro-Chemicals B.V.
11. Nitta Gelatin NA Inc.
12. Elixir Prahovo doo Prahovo
13. Hindustan Phosphates Pvt Ltd
14. RUBEXCO PRIVATE LIMITED
15. advance inorganics
Rising product demand as dietary supplements in prepared breakfast, enriched flour, noodle products and animal feed will enhance the industry growth. The potential application in meat products and animal feed to prevent metabolic diseases, improves milk production thereby drive the calcium phosphate market share from 2018 to 2024.
Monocalcium phosphate market size is expected to witness growth at over 4% up to 2024. This can be credited to changing lifestyle and increasing bakery products consumption. Increasing product usage as leavening agent in conjunction with baking soda to enhance the dough rise and fluffier will drive the industry demand. The other factors such as supplement diet, and canned foods will further support the industry growth.
Calcium Phosphate Market size is estimated to surpass USD 850 million by 2024; according to a new research report by Global Market Insights, Inc.
Factors such as change in lifestyle, disposable income, robust growth in food and healthcare sector, preference for healthy foods and growing geriatric population will favor the industry demand over the forecast timeline. Advancement in material science as product substitute may hamper the product demand.
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Food & beverage sector holds around 50% of the overall business share in 2017. This can be attributed to increasing consumer awareness regarding calcium intake and benefits pertaining to the development and growth of muscle, enzyme functions, nerves and teeth.
Fertilizers are expected to witness notable growth during the forecast period. The increasing need for high quality crop yield will influence the usage of the product. Potential application to enhance cell elongation, strengthen plant cell wall, increase hormonal process, diseases resistance, crop quality and root growth will propel business demand.
Asia Pacific calcium phosphate market will witness fastest growth over the forecast period. Increasing healthcare expenditure owing to rise in geriatric population will propel the market demand. Governments focus on producing high quality crops owing to limited land availability will stimulate the product demand.
Key industry players are Innophos Holdings, Chemische Fabrik Budenheim, Merck Millipore, The Mosaic Company, Potash Corporation, Gadot Biochemical Industries, and OCP Group Chemicals Company. Other prominent industry players are Hindustan Phosphates, KEMAPCO Arab Fertilzers & Chemical Industries, Elixir Prahovo, Euro Chem, Advance Inorganics and Nitta Gelatin. Manufacturers are anticipated to adopt acquisition and merger strategy to gain competitive advantage. For instance, in January 2018, Potash Corporation merged with Agrium to form Nutrien to enhance its foothold in the industry.
Browse key industry insights spread across 250 pages with 214 market data tables & 10 figures & charts from the report, “Calcium Phosphate Market Size By Product (Monocalcium Phosphate, Di-calcium Phosphate, Tricalcium Phosphate, Calcium Acid Pyrophosphate), By End-Use (Food & Beverages [Bakery, Meat & Seafood, Nutritional Supplements, Dairy], Pharmaceuticals [Excipients, Dental Care, Active Ingredients], Drinking Water Treatment, Animal Feed, Fertilizers), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Netherlands, Spain, China, India, Japan, South Korea, Australia, Thailand, Malaysia, Vietnam, Brazil, Argentina, Mexico, Colombia, South Africa, UAE, Saudi Arabia, Morocco), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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