Phytic Acid Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Phytic Acid Market Size
According 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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Phytic Acid Market
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 are partially ionized, resulting in the phytate anion.
Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Phytic Acid market research.
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 guaranteed % supply worldwide in 2022.
For production bases, global Phytic Acid production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Phytic Acid were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Phytic Acid market and estimated to attract more attentions from industry insiders and investors.

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Segment by Type
• Purity ≥50%
• Purity ≥70%

Segment by Application
• Food Industry
• Pharmaceuticals
• Others

By Company
Spectrum Chemical, Actylis, FabriChem, Biosynth, China Zhejiang Orient Phytic Acid, Otto Chemie, Tongxiang Xinyang Food Additive

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This release was published on openPR.