Press release
Global Feed Phosphate Market 2016 Trends, Growth, Manufacturer, future development Forecast to 2021
The Feed Phosphate Market Was Estimated To Be USD 2.41 Billion In 2021 And Is Forecasted To Reach USD 3.32 Billion By 2028 At A CAGR of 4.7% During The Forecast Period 2022-2028.
One of the essential minerals for animal nutrition is phosphorus. It is the second most abundant mineral in animals, primarily in their teeth and bones, after calcium. In addition, phosphorus is essential for the growth and maintenance of skeletal tissue, the maintenance of body fluid osmotic pressure, acid-base balance, energy utilization, protein synthesis, cell growth, feed utilization efficiency, and fertility. Phosphorus deficiency causes a variety of effects in various animal species, including osteomalacia and a decrease in shell thickness in laying hens, to name two examples.
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Market Dynamics:
Driver:
The developing populace of animals and poultry ranchers is the super main thrust for the extension of the feed phosphate-added substance market. In addition, the market is expanding as a result of livestock owners suffering financial losses as a result of poor animal growth caused by phosphate deficiency. The market's expansion is also aided by an increase in global demand for dairy products. A rise in the quality of meat products and an increased awareness of the benefits of phosphate additives have encouraged livestock producers to use phosphate as the primary ingredient in animal feed.
Opportunities:
Livestock owners are paying close attention to increasing yields. Animal nutrition plays a crucial role in meeting the ever-increasing demand for dairy and meat products. In addition, feed phosphate market players are launching their phosphate-rich animal feed to make up for the lack of nutrition caused by incompetent fodder's susceptibility to a variety of diseases. Phosphorus recovery can be accomplished through crystallization, biological phosphorous removal, chemical precipitation, and a wet chemical process utilizing fly ash, among other approaches. As a result of recent improvements to the phosphate recovery process, market participants now have ample opportunities to invest in programs that address the diminishing phosphate supply.
The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Segmentation
By Type
• Monocalcium Phosphate (MCP)
• Dicalcium Phosphate (DCP)
• Tricalcium Phosphate (TCP)
• Mono Dicalcium Phosphate (MDCP)
• Monosodium Phosphate (MSP)
By Form
• Powder
• Granule
By Application
• Swine
• Poultry
• Ruminants
• Aquaculture
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Regional Analysis of feed phosphate market:
The North American region is forecasted to dominate the feed phosphate market during the forecast period. The feed phosphate market in the USA was estimated to be US$ 632.6 million in 2020. USA and Canada are the two prominent contributors to the development of the market in this region. The USA accounts for the larger share of the production of beef and is the second-largest exporter of beef. The growing consumption of meat and other dairy products are essential factors promoting the expansion of the feed phosphate market in this region.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Key Players Covered in Feed Phosphate Market
• The Mosaic Company (US)
• Phosphea (France)
• Nutrien Ltd. (Canada)
• OCP Group (Morocco)
• Yara International ASA (Norway)
• EuroChem Group AG (Switzerland)
• PhosAgro (Russia)
• Ecophos Group (Belgium)
• Fosfitalia Group (Italy)
• J. R. Simplot Company (US)
• Quimpac S.A. (Peru)
• Sichuan Lomon Corporation (China)
• Sinochem Yunlong Co. Ltd. (China)
• Wengfu Group (China)
• Rotem Turkey (Turkey) and other major players.
Key Industry Developments in Feed Phosphate Market
• In August 2021, EuroChem Group, a leading global fertilizer company, declares the signing of an agreement that will allow them to gain control over the Serra do Salitre phosphate project in Brazil, consolidating the Group's production and distribution potential in one of the world's most important crop nutrient markets.
• In November 2019, Aliphos launched a new product known as SodiPhos, which is a monosodium phosphate. It can be used as the carbon-free phosphorous source for a cow before calving. As there is no demand for calcium for shrimp farming in brackish water, SodiPhos is replacing monocalcium phosphate.
Report includes Competitor's Landscape:
• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures and Statues?
• What are the opportunities that shall aid in significant proliferation of the market growth?
• What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?
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