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Calcium Phosphate Market Analysis

Report ID: GMI1425
Published Date: Jun 2019
Report Format: PDF

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Calcium Phosphate Market Analysis

DCP accounted for more than 40% market share in 2018. Strong applications outlook across animal feed, agriculture, food & beverage, and pharmaceutical sectors will support the industry growth. Use of the product as emulsifiers, raising agents, and drug diluents for production of food products and pharmaceutical drugs will further boost the industry demand. Application of DCP in water treatment sector owing to sorbent nature of the compound will accentuate the segment growth over the forecast timeframe.

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MCP accounts for over 120 kilo tons in 2018 owing to growing demand from food & beverage sector. Product usage in baking powder as an acidic component for improving overall texture and fluffiness of dough matter will propel the market expansion. Also, high product penetration in animal feed segment to improve overall nutrient content of animal feedstock will further stimulate the industry growth.

Calcium phosphate market from animal feed is expected to register CAGR at over 5.5% up to 2025. Increasing awareness among the farmers and pet owners in terms of feeding animals with feed containing essential nutrients, such as vitamins and minerals will drive the segment growth. Several benefits offered including better bone and tissue development, improved metabolism and strong livestock productivity will further boost the business growth over the forecast timeframe.

Food & beverage segment accounted for over 20% market share in 2018. The rising demand for bone and joint health supplements for the geriatric population along with the increasing awareness toward the consumption of nutritional products will promulgate the calcium phosphate market growth. Growing consumption of phosphate-based minerals in food industry owing to rising population and increase in food demand will further fuel industry development. Strong demand of soy-based beverages from rising health conscious millennials will also support industry expansion over the coming few years.

Asia Pacific market accounted for over 30% share in 2018. Growing adoption of the CA3(PO4)² as fertilizer in developing economies such as India and China will foster the overall industry size. Rise in demand for nutrient rich food products with enhanced shelf life is likely to propel overall industry growth. In addition, surge in product usage for feedstock to enhance quality of livestock items is driving the regional growth.

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Europe is expected to register CAGR at over 5.2% up to 2025. Development in the biomedical sector including advancements in treating exposed fractures and dental hypersensitivity problems will enhance the product penetration. The increasing prevalence of lifestyle diseases, constipation, and bloating along with the rising personal care spending will prompt the need for calcium & mineral intake. Also, growing adoption of bone and joint health supplements by geriatric population is likely to propel overall regional growth.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The growing deployment of the product across pharmaceutical, animal feed, F&B, and agriculture sectors will fuel its demand in the coming years. As per the study, the segment procured 40% of the global share in 2018.

The usage of the product enhances the metabolism, bone tissue development, and livestock productivity in animals. According to the study, the segment will register a CAGR of 5.5% over 2019-2025.

Asia Pacific will witness massive product demand in agriculture and F&B sector driven by the rising need for nutrient rich food. The region procured 30% of the global share in 2018.