Dicalcium Phosphate Market 2024 Research Report

Dicalcium Phosphate Market

Dicalcium phosphate (DCP) is a dibasic calcium phosphate formed by a reactive combination of calcium oxide and phosphoric acid. It is a type of dibasic calcium phosphate which is normally found in sources such as cereals, noodles, enriched flour, chicken feed, and some types of dog snacks. It is usually found in dehydrate form but may be converted to the anhydrous form using thermal means. It has a variety of uses in many fields.
Due to the COVID-19 pandemic, the global Dicalcium Phosphate market size is estimated to be worth US$ 1517.5 million in 2022 and is forecast to a readjusted size of US$ 1464.6 million by 2029 with a CAGR of -0.5% during the forecast period 2023-2029.

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Report Scope
The widespread usage of dicalcium phosphate as a nutritional supplement in the livestock
and agricultural sectors is the main factor propelling the market for sales of the supplement.
For animal feed to include the necessary amounts of calcium and phosphorus for the
growth, development, and productivity of animals, dicalcium phosphate is an important
source. The market is growing as a result of the growing demand for premium meat and
dairy products, which is pushing the use of dicalcium phosphate in animal nutrition.
The food and beverage sector also makes a substantial contribution to the market.
Dicalcium phosphate is added to meals as a food additive to increase the nutritional content
of food and drink by fortifying them with vital minerals. Dicalcium phosphate demand is
being supported by rising consumer awareness of health and wellbeing as well as rising
demand for fortified food items.

Regional Report
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Segment by Type
• Feed Grade
• Fertilizer Grade
• Food Grade
• Others

Segment by Application
• Animal Feed
• Fertilizer
• Food
• Others

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This release was published on openPR.