Future Market Insights presents an in-depth analysis of the global food grade phosphate market in a new publication, which includes intelligence on the various regions, the key trends and opportunities shaping the market, and key insights on the market segmentation along with competitive landscape.

The global food grade phosphate market has a promising future especially in emerging economies such as the APEJ region during the period of forecast. The global food grade phosphate market is expected to reach a value almost equal to US$ 30 Bn by the end of 2027 to register a CAGR of 2.1% during the period of forecast.

Manufacturers are launching food grade phosphate products in order to cater to the evolving needs of customers related to the various food products with various functional properties. Companies are focussing on enhancing their presence in developing regions such as Asia and are also adopting the mergers and acquisitions strategy in order to enter into key regional markets.

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Asia Pacific excluding Japan (APEJ) region accounts for the highest market share and is expected to witness significant growth over the forecast period. The North America and Western Europe regions account for relatively small market share in the global food grade phosphate market, but these regions are expected to witness rapid growth over the forecast period.

In terms of value, the ammonium phosphate segment by product type is projected to be the most attractive in the global food grade phosphate market during the forecast period. The ammonium phosphate segment is estimated to account for relatively high value share of 61.4% by 2017 end, and is anticipated to register a CAGR of 2.1% in terms of value over the forecast period.

The agriculture segment by application is projected to be the most attractive in the global food grade phosphate market during the forecast period. The food & beverage segment is estimated to account for a value share of 9.6% by 2017 end, and is anticipated to register a CAGR of 1.6% in terms of value over the forecast period.

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The report on the global food grade phosphate market has a detailed analysis of the top companies involved in this market. Tier companies such as Aditya Birla Chemicals, Agrium Inc., Compagnie Financiere et de Participations Roullier S.A, Chemische Fabrik Budenheim, Hindustan Phosphates Pvt. Ltd., Innophos Holdings, Inc., Elixir Group Doo., K+S Aktiengesellschaft, Potash Corporation of Saskatchewan Inc.

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