Feed Phosphate Market 2022: Demand Analysis, Key Players, Trends by 2031

According to a new report published by Allied Market Research, titled, "Feed Phosphate Market," The feed phosphate market was valued at $2.2 billion in 2021 and is estimated to reach $3.3 billion by 2031, growing at a CAGR of 4% from 2022 to 2031.

The market for feed phosphate is mostly driven by an increase in meat processing industrialization. Meat processing has been an industrialized sector, which benefits consumers financially. Industrialization of meat processing is expected to continue to be the most sought-after benefit for years to come as beef and other meat products now cost less than half what they did a century ago.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲:
https://www.alliedmarketresearch.com/request-sample/17258

The players operating in the global feed phosphate industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report are The Mosiac Company, PhosAgro, EuroChem Group, Nutrien Ltd., Rotem, AB LIFOSA, Reanjoy Laboratories, Yara International ASA, Fosfitalia Group, and OCP Group.

Key findings of the study

-> The feed phosphate market size was valued at $2,226.6 million in 2021, and is estimated to reach $3,270.3 million by 2031, registering a CAGR of 4.0% from 2022 to 2031.

-> In 2021, on the basis of type, the dicalcium segment acquired $869.7 million, exhibiting 39.1% of the global market share.

-> In 2021, on the basis of livestock, the poultry segment acquired $860.0 million, exhibiting 38.6% of the global market share.

-> China was the most prominent market in Asia-Pacific in 2021, and is projected to reach $232.7 million by 2031, growing at a CAGR of 2.3% during the forecast period.

𝗕𝘂𝘆 𝗡𝗼𝘄 & 𝗚𝗲𝘁 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁:

https://www.alliedmarketresearch.com/checkout-final/89e5c5c6f15882cd1a7beb466999d3dc

According to feed phosphate market analysis, by form, the powder segment was the highest contributor to the market, with $1,575.2 million in 2021 and is expected grow at a CAGR of 3.8% during the forecast period. Powder form of the feed phosphate is significantly used owing to flowability, spreadability, and packing characteristics within a machine.

In addition, the majority of companies in the feed phosphates industry create feed phosphate from phosphate rock, a limited resource, using a procedure that is similar for all of their products. To assure a steady supply of high-quality phosphates for the feed business, however, market participants must make R&D investments, develop creative production methods, and find new sources of phosphorus.

Related Reports:

Beef fat market - https://www.alliedmarketresearch.com/beef-fat-market-A16878

Malt Ingredient Market - https://www.einnews.com/pr_news/600090393/malt-ingredient-market-size-share-trends-growth-statistics-report-2031

Feed Premix Market - https://www.globenewswire.com/en/news-release/2022/11/06/2549201/0/en/Global-Feed-Premix-Market-to-Reach-11-4-Billion-by-2031-Allied-Market-Research.html

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.