Europe & MEA Food Phosphate Market Share

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.