Food & beverage segment of calcium phosphate market held more than 20% revenue share in 2018 and is set to register robust CAGR up to 2025, owing to rising demand for bone and joint health supplements.
SELBYVILLE, Delaware, July 02, 2019 (GLOBE NEWSWIRE) -- Asia Pacific calcium phosphate market is expected to generate around USD 300 million by 2025. Depletion of natural resources and adverse effects of global warming on agriculture will accelerate the innovations in food industry, thus driving the industry demand. Shifting government focus towards producing high quality crops using fertilizers will positively stimulate the calcium phosphate market size over the forecast timeline.
Calcium phosphate market size from animal feed will register significant gains at around 5% CAGR over the forecast period. Strong outlook in animal feed applications owing to its properties such as faster growth of animals, improved metabolism and strengthening of animal bone structure will foster the product demand. Use of calcium phosphates in animal feed provides better saturation of minerals in the body and help increase animal weight by 5% and poultry by 12%. Rising prevalence of animal diseases due to improper diet and deficiency of essential nutrients in the body will drive the industry growth.
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Dicalcium phosphate market is expected to surpass USD 400 million by 2025. It is extensively used in various sectors including pharmaceutical, agriculture, and food & beverage. The product is used as food additive and an acidic component in baking powder, providing very low leavening action and enriches the product with calcium. Rising problems among the population such as osteoporosis due to increasing consumption of carbonated drinks and low nutrient foods will boost the demand for supplements rich in calcium and phosphate.
Global Calcium Phosphate Market is set to surpass USD 9 million by 2025; according to a new research report by Global Market Insights, Inc. Significant health benefits including the strengthening of bone & teeth, improvement of digestibility, metabolism, and gut health are propelling the calcium phosphate market growth. The growing demand for nutritious food along with advantages that help to thicken and stabilize firm foods will drive the industry share. Recommendations by multiple organizations to enhance calcium and phosphorous intake accompanied by favourable government initiatives will create notable gains up to 2025. Additionally, increasing utilization of the product as dental and medical implant materials along with significant growth in the pharmaceutical industry will augment the business expansion.
Increasing emphasis on sustainable farming practices and the requirement of enhanced yield will positively influence the calcium phosphate usage. The trend of processed food consumption along with a willingness to pay higher for nourishing food will fuel the industry share. The increasing demand for bakery and meat products along with growing health consciousness will further support the business growth.
Browse key industry insights spread across 941 pages with 1036 market data tables & 19 figures & charts from the report, “Global Calcium Phosphate Market Size By Product (Monocalcium Phosphate, Di-calcium Phosphate, Tricalcium Phosphate, Calcium Acid Pyrophosphate), By End-Use (Food & Beverages [Bakery, Meat & Seafood, Nutritional Supplements, Dairy], Pharmaceuticals [Excipients, Dental Care, Active Ingredients], Drinking Water Treatment, Animal Feed, Fertilizers), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Netherlands, Spain, China, India, Japan, South Korea, Australia, Thailand, Malaysia, Vietnam, Brazil, Argentina, Mexico, Colombia, South Africa, UAE, Saudi Arabia, Morocco), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/calcium-phosphate-market
Factors such as improved leavening, better aeration and enhanced volume mainly in cakes and cookies will positively influence the industry share. Phosphate compounds in dairy are essential as they avoid protein precipitation by sequestering calcium ions in milk and stabilizes the pH during heat stabilization and heat treatment. Rapid rise in demand for overall dairy industry will foster the industry growth.
Additionally, the favourable demographic scenario, which has both young and geriatric population seeking affordable bone and teeth implants along with the increasing demand for healthy nutritional supplements to prevent diseases will further proliferate business opportunities. The product is extensively used in dental care owing to its bioactive and osteoconductive properties. Significant usage of product for tissue repair and regeneration will boost the dental care applications demand. However, low phosphate reserves worldwide have affected the production rates hampering the business expansion.
Calcium phosphate market is highly fragmented due to the presence of large, national and multinational players operating in the market. Key industry participants include Chemische Fabrik Budenheim, Innophos Holdings, OCP Group Chemicals Company, Mosaic Company, Merck Millipore and Gadot Biochemical Industries. Major strategies adopted by the manufacturers include mergers and collaborations, investments in R&D and so on. For instance, in January 2018, Mosaic Company acquired Vale Fertilizantes. The acquisition has resulted in increased production capacity that will expand the market access. Other notable players in the industry are, Advance Inorganics, Euro Chem, KEMAPCO Arab Fertilizers & Chemical Industries, Nitta Gelatin, Reanjoy Laboratories and Elixir Prahovo.
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