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Phytic Acid Market Research Report | Valuates Reports
Phytic Acid Market Research Report | Valuates ReportsAccording to QYResearch's new survey, global Phytic Acid market is projected to reach US$ 364.8 million in 2029, increasing from US$ 235 million in 2022, with the CAGR of 6.5% during the period of 2023 to 2029.
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Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Phytic Acid market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
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Segment by Type
• Purity ≥50%
• Purity ≥70%
Segment by Application
• Food Industry
• Pharmaceuticals
• Others
By Companies
Spectrum Chemical, Actylis, FabriChem, Biosynth, China Zhejiang Orient Phytic Acid, Otto Chemie, Tongxiang Xinyang Food Additive
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The global Phytic Acid market was valued at US$ 235 million in 2023 and is anticipated to reach US$ 364.8 million by 2030, witnessing a CAGR of 6.5% during the forecast period 2024-2030.
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Market Trends:
1. Increasing Use in Food and Beverages: Phytic acid, known for its antioxidant and chelating properties, is being increasingly used in the food industry. It is commonly found in whole grains, seeds, and…
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Phytic acid is a six-fold dihydrogenphosphate ester of inositol (specifically, of the myo isomer), also called inositol hexakisphosphate (IP6) or inositol polyphosphate. At physiological pH, the phosphates…
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Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-6H14870/Global_Phytic_Acid_Market_Research_Report_2023
Key manufacturers engaged in the Phytic Acid industry include Spectrum Chemical, Actylis, FabriChem, Biosynth, China Zhejiang Orient Phytic Acid, Otto Chemie and Tongxiang Xinyang Food Additive, etc. Among those manufacturers, the top 3 players…
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Phytic acid (known as inositol hexakisphosphate (IP6), inositol polyphosphate, or phytate when in salt form), discovered in 1903, a saturated cyclic acid, is the principal storage form of phosphorus in many plant tissues, especially bran and seeds. It can be found in cereals and grains.
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