Calcium Phosphate Market Size

Calcium Phosphate Market Size

Global Calcium Phosphate Market size was valued at over USD 640 million in 2018 and is anticipated to witness CAGR over 5% up to 2025./p>

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Strong applications outlook across various end use industries including food & beverage, pharmaceuticals, animal feed, water treatment, and agriculture are anticipated to drive calcium phosphate market. Declining natural resources such as phosphorous rock reserves, water resources, and arable land coupled with surging demand from several end use industries will provide new growth opportunities for the calcium phosphate manufacturers, distributors and suppliers./p>

Rise in the number of patients suffering from osteoporosis, homozygous thalassemia, rickets, osteomyelitis, fracture, etc. will bolster the product adoption in tooth & dental care sector. As per American Academy of Implant Dentistry, about 3 million Americans received dental implants in 2015. Use of CA3(PO4)² as implant coating material is expected to provide new avenues for growth in this sector. Additionally, it is also used as an abrasive substance in toothpaste for remineralization purpose./p>

Growing demand for bio-fertilizers in agriculture sector will foster new growth avenues for industry expansion. Factors such as optimized production process, and demand from farmers for fertilizers that improves crop yield are likely to accentuate overall industry development. However, stringent norms and regulations prohibits use of phosphate-based fertilizers in Europe which is expected to hamper the market advancement./p>

Increasing demand for nutritional food products owing to rising consumer awareness regarding wellness is likely to proliferate the business expansion over the forecast timeframe. Rising demand for products such as flour, bakery mixes, cheese and soy-based beverages owing to rising disposable income is likely to fuel the product demand across the food sector./p>

Factors such as higher nutritional value and better shelf life will foster the market demand across myriad sectors. Growing consumer awareness pertaining to food nutrition along with urbanization, changing eating habits, and growing disposable income will boost the calcium phosphate market growth over the forecast period. However, companies manufacturing food grade phosphoric acid are instructed to follow strict regulatory procedures to ensure purity which is likely to hamper the business growth.