The Global Food Phosphate Market market was estimated at USD 2.65 billion in 2021, and is anticipated to reach USD 3.98 billion by 2028, growing at a CAGR of 6%.

The vital application of phosphate is that it holds more water in meat and poultry products during cooking which enhances the color, texture, flavor, and juiciness of the product. Phosphate is mined in the form of rock globally. It is crushed and treated with sulphuric acid and further solvent extraction of phosphoric acid is done and then it is released in the aqueous phase. The defluorinated acid is used as a protein dispersant in evaporated & sprayed on dried milk products. Furthermore, it is used as an additive and flavoring agent in beverages. Sodium pyrophosphate is used in seafood products.

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The Major Players in The Food Phosphate Market Include:

Xinga USA Corporation (US),Haifa Chemicals LTD (Israel),Aditya Birla Chemicals (India),Natural Enrichment Industries LLC (US),Nutriscience Innovations LLC (US),Agrium INC. (Canada),Potash Corporation (Canada),Hawkins INC. (US),Innophos Inc (US),ATP Group (US),Qingdao Samin Chemical Co. Ltd. (US),The Mosaic Company (US),and others Major Players.

Market has segmented the global Food Phosphate Market on the basis of type, application, and region:

The Food Phosphate Market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Type

·         Sodium Phosphate

·         Potassium Phosphate

·         Calcium Phosphate

·         Others

By Application

·         Food & Beverages

·         Meat & Seafood Processing

·         Spice Blends

·         Other

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By Regional Outlook

§  North America (U.S., Canada, Mexico)

§  Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

§  Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

§  Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

§  Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

§  South America (Brazil, Argentina, Rest of SA)

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