Global and China Phosphate for Food Market Insights, Forecast to 2027

Food-grade phosphates are used in the production of foods to function as buffers, sequestrants, acidulants, bases, flavors, cryoprotectants, gel accelerants, dispersants, nutrients, precipitants, and as free-flow (anticaking) or ionexchange agents. The actions of phosphates affect the chemical leavening of cakes, cookies, pancakes, muffins, and doughnuts; the even melt of processed cheese; the structure of a frankfurter; the bind and hydration of delicatessen meats; the fluidity of evaporated milk; the distinctive flavor of cola beverages; the free flow of spice blends; the mineral content of isotonic beverages; and the light color of par-fried potato strips.
Globally, the food-grade phosphate market is mainly driven by growing demand for meat, sea food and beverage which account for nearly 75% of total downstream consumption of food-grade phosphate in global in 2016.
Based on types of food-grade phosphate available in the market, the report segments the market into STPP, SHMP, SAPP, TSPP and other food-grade phosphate (DSP, TSP, STMP, etc.). The market for STPP accounted for the largest market share in 2019, followed by SHMP, SAPP and TSPP, etc.
According to our research and analysis, manufacturers from China, USA, Germany, France, Belgium, Mexico, Thailand, Japan, etc., are the leaders in global market of food-grade phosphate. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field at present.
At present, the major manufacturers of food-grade phosphate are ICL Phosphate Specialty, Innophos, Prayon, Budenheim, Xingfa Chemicals Group, Blue Sword Chemical, Fosfa, Chengxing Industrial Group, Orbia (Quimir), Wengfu Gene-Phos Chem, Chuandong Chemical, Hens, Thermphos, Aditya Birla Chemicals, Mianyang Aostar, Rin Kagaku Kogyo, Tianjia Chem, Nippon Chemical, Tianrun Chemical, Huaxing Chemical, Hindustan Phosphates; the revenue of top ten manufacturers accounts about 62% of the total revenue in 2019. The high-end products mainly come from Europe and North America.

Market Analysis and Insights: Global and China Phosphate for Food Market
This report focuses on global and China Phosphate for Food market.
In 2020, the global Phosphate for Food market size was US$ 2270 million and it is expected to reach US$ 2570.5 million by the end of 2027, with a CAGR of 1.8% during 2021-2027. In China the Phosphate for Food market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Phosphate for Food Scope and Market Size
Phosphate for Food market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Phosphate for Food market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Phosphate for Food market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
STPP
SHMP
SAPP
TSPP
Others

Segment by Application
Meat
Seafood
Beverage
Other

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
ICL Phosphate Specialty
Innophos
Prayon
Budenheim
Xingfa Chemicals Group
Blue Sword Chemical
Fosfa
Chengxing Industrial Group
Orbia (Quimir)
Wengfu Gene-Phos Chem
Chuandong Chemical
Hens
Thermphos
Aditya Birla Chemicals
Mianyang Aostar
Rin Kagaku Kogyo
Tianjia Chem
Nippon Chemical
Tianrun Chemical
Huaxing Chemical
Hindustan Phosphates