Europe & MEA Food Phosphate Market Size By Product (Sodium Phosphate {Monosodium Phosphate, Disodium Phosphate, Trisodium Phosphate, Disodium Diphosphate, Trisodium Diphosphate, Tetrasodium Diphosphate, Pentasodium Triphosphate, Sodium Polyphosphate, Sodium Calcium Polyphosphate}, Potassium Phosphate {Dipotassium Phosphate, Monopotassium Phosphate, Tetra Potassium Pyrophosphate}, Calcium Phosphate, Phosphoric Acid, Ammonium Phosphate, Blended Phosphate), By Application (Bakery Products, Meat and Poultry Products {Chilled Meat, Fresh and Cooked Hams, Chicken and other Poultry, Sausages}, Seafood Products {Frozen Fish, Shellfish, Shrimp}, Dairy Products, Beverages), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2015 - 2026

Europe & MEA Food Phosphate Market Size

Europe & MEA Food Phosphate Market size exceeded USD 205 million, globally in 2019 and is estimated to grow at over 5.5% CAGR between 2020 and 2026. Increasing demand for easily digestible and high-performance ingredients in food & beverage industry will augment the market outlook. 
 

Food phosphates are also obtained from phosphate rock through intensive purification and are majorly used in food production applications as they impart functions such as acidulants, buffering, nutrients, and anticaking properties. It also provides distinctive flavor to beverages along with high mineral content which makes it easy for industry player to market products.
 

They are widely used in preparing dairy & bakery solutions owing to key properties such as acidity buffering, natural color & flavors penetration, improving shelf life, and stability which is likely to augment Europe & MEA food phosphate market trends.
 

Rapid penetration in baking industry in manufacturing nutrition rich and easily digestible solutions is likely to boost product demand. Food phosphate is compatible with various baking ingredients such as traditional dairy, plant-based milk, and yeast which makes it easy to prepare nutritious and tasty preparations. Furthermore, industry players are rapidly using it to improve quality and shelf life of the products which should propel Europe & MEA food phosphate industry growth.
 

Increasing demand for low fat and low sodium bakery & dairy preparations such as American cheese, Swiss cheese, and Greek yoghurt is likely to boost product demand. Food phosphates not only aid in boosting shelf life but also protecting products from oxidation and moisture once the lid is opened. Rapid product penetration in food & beverage industry and shift towards high performance additives is likely to boost market statistics.
 

Industry players are rapidly experimenting with various additive and preservative agents in an attempt to diversify product portfolio. Food phosphate not only acts as a high-performance preservative but also imparts flavor and aids in retaining aroma. Furthermore, it is rich in essential minerals which makes it easy for industry players to market their products with healthy taglines which is likely to foster the market demand.
 

European regulation No 1333/2008 lays down a Union list of food additives approved for use in food and their conditions of use. The regulation specifies the use of food phosphates and their concentration in order to safeguard consumer wellbeing. This regulation is helping manufactures to rapidly tweak with product line ups in an attempt to produce high quality products which is likely to augment Europe food phosphate market growth.
 

Europe & MEA Food Phosphate Market Analysis

Food phosphate market from meat & poultry is set to register more than 6% CAGR through 2026 owing to rapid demand for functional and high-performance ingredients. They are widely used for flavor enhancement and pH stabilization in meat products. Also, they help in retaining moisture which keeps meat & seafood fresh. Industry players are rapidly using these products in an attempt to capitalize on emerging safety trends in meat industry.
 

Increasing consumer health consciousness along with changing dietary habit has led to growing meat & poultry product consumption. Phosphates are alkaline in nature thereby help in maintaining texture in meat, fish, chicken and fresh poultry products. Manufacturers are also utilizing these products to produce cured meats such as ham and beef jerky owing to its moisture retaining properties which is likely to accelerate Europe & MEA food phosphate market size.
 

Sodium phosphates are widely utilized as emulsifiers, preservatives, neutralizing agents, pH regulator in foods, and texturizer in foods. Sharp rise in demand for convenience food due to changing consumer preferences along with increasing awareness regarding using phosphates as a nutrient mainly in dietary supplements should drive Europe & MEA food phosphate market growth.
 

Europe & MEA Food phosphate industry from sodium phosphate is likely to surpass USD 110 million by 2026 owing to increasing demand for safe food preservative ingredients. Food phosphates are compatible with various packaging solutions such as aluminum, tetra packs, and plastics owing to its low toxicity and non-residual nature. Industry players are rapidly using these ingredients in an attempt to attract Gen X and millennial demographics which should boost the industry share.
 

Europe food phosphate demand is likely to witness over 5.5% CAGR through 2026. Rapid adoption of food phosphate powders in baking industry to prepare bread and dough, and other bakery preparations is likely to augment market demand. Furthermore, they are compatible with ingredients such as traditional dairy, flour, and plant-based milk solutions which help in preparing quick packaged bakery solutions thus boosting European food phosphate market trends.
 

Increasing demand for low calorie preparations and rising trends in gifting confectionery products should boost product demand. Industry players are rapidly adopting food phosphate solutions in manufacturing preparations such as chocolates, cured meat snacks, and hard candies. Manufactures in this region are shifting towards these products in an attempt to capitalize on emerging food safety trends by targeting millennial demographics which should boost European market share.
 

Impact of COVID -19 Pandemic

Rapid spread of COVID-19 through major European & Middle eastern cities, business centers, and ports is likely to increase prices of food phosphate raw materials. Rapid lockdown measures to stop community spread along with strict social distancing measures is likely to reduce production in the short run. Industry players are rapidly sourcing raw materials in bulk in an attempt to continue production with limited means which is increasing supplier power in market sphere, thereby leading to higher raw materials costs. Furthermore, lockdown of ports, curb on transportation, disruption of supply chain, and strict regulations on food& beverage manufacturing is likely to hinder the market growth.
 

Europe & MEA Food Phosphate Market Share

Europe & MEA Food phosphate market is competitive in nature and major players include

• Arkema group
• Merck KGaA
• Anhui Suntran Chemical
• Aditya Birla Chemicals
• Univar
• Prayon
• Fosfa A.S.
• EURODUNA Food Ingredients GmbH
• TKI Hrastnik
• ICL Speciality Products
• Advance Inorganics
• Global Speciality Ingredients
• Nutrien Ltd
• Aarti Phosphates

Industry players are engaged in sourcing high quality material by getting into long term contracts with suppliers in an attempt to gain competitive price advantage in market. Furthermore, manufacturers in food phosphate market are also investing in developing indigenous technology and increasing marketing expenditure in an attempt to gain brand recognition and broaden consumer base.
 

In 2018, Nutrien was formed on merger of Potash Corp. and Agrium and forms crop nutrient production portfolio with an unparalleled global retail distribution network which includes 1,500 farm retail centers. The company focuses on growth across retail and crop nutrient business.
 

In May 2018, Univar acquired Earthoil to get a strong hold on flavor, beverage, and fragrance to expand its geographic reach. This strategic endeavor will also aid the company in diversifying its product portfolio and operations to meet growing demand for high quality food phosphate solutions.
 

In February 2015, Prayon built a production unit of sodium hexametaphosphate to double the production capacity to have a strong position in the food sector. The capacity of the new plant is 10,000 tons per year to meet the growing demand in Europe & MEA for food phosphates.
 

Europe & MEA food phosphate market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD from 2015 to 2026, for the following segments:

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By Product

• Sodium Phosphate
  • Monosodium Phosphate
  • Disodium Phosphate
  • Trisodium Phosphate
  • Disodium Diphosphate
  • Trisodium Diphosphate
  • Tetrasodium Diphosphate
  •  Pentasodium Triphosphate
  • Sodium Polyphosphate
  • Sodium Calcium Polyphosphate
• Potassium Phosphate
  • Dipotassium Phosphate
  • Monopotassium Phosphate
  • Tetra Potassium Pyrophosphate

• Calcium Phosphate
• Phosphoric Acid
• Ammonium Phosphate
• Blended Phosphate

By Application

• Bakery Products
• Meat and Poultry Products
  • Chilled Meat
  • Fresh and Cooked Hams
  • Chicken and other Poultry
  • Sausages
• Seafood Products
  • Frozen Fish
  • Shellfish
  • Shrimp
• Dairy Products
• Beverages
• Others

The above information has been provided for the following regions:

• Europe
  • Western Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Netherlands
  • Eastern Europe
    • Russia
    • Poland
• Middle East & Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Kuwait
  • Egypt
  • Turkey