Calcium Phosphate Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024
Report ID: GMI1425
Calcium Phosphate Market size is expected to grow due to increasing demand for bakery and dairy products. The rising educational level, consumer awareness & disposable income and changing lifestyle will increase demand for healthy and nutritious food owning to the nutritional properties within the product. It is widely used in agriculture, health care, pharmaceutical, food and beverage industry.
Rise in ageing population worldwide will fuel the calcium phosphate market as it is used to treat osteoporosis, a disease which decreases the bone density and increases risk of broken bones. Growing healthcare industry in India, China, the U.S. will also drive the product market size.
Moreover, growth in agricultural activity will boost the demand for calcium phosphate (Ca3O8P2) fertilizers for increasing crop yield and quality as the countries will be forced to increase their agricultural produce due to rise in population level worldwide.
Increasing concern for rising pollution level worldwide will drive calcium phosphate market owning to its usage as a sorbent, a material used to absorb liquids and gases for treating polluted water or gases. Further, the product is used for treating demineralization and dentinal hypersensitivity, which is a severe dental pain arising due to exposed dentinal surface.
Calcium phosphate is an odorless and tasteless white solid which belongs to the bioactive synthetic materials group. Naturally the product is derived from dairy products and rock phosphate. The product provides is used in agricultural activity for increased flowering, cell division & root development, reduces surface moisture loss & encourages early crop development, increases weed competition & resistance to drought. Ca3O8P2 also provides many health benefits including, strong bones & teeth, reduced risk of colorectal cancer, maintains proper nerve conduction in body, improves basic cell activities and repairs large bone defects. Besides, it plays a key role in formation of DNA structure.
Innophos holdings Inc has come up with a modern technology which reduces sodium intake in foods, preserve the color in white meats and avoid color variation on different surfaces, known as “tiger striping”.
The product is available in dry and wet solid form. There are many forms of Ca3O8P2 available in the market named, oct Ca3O8P2, dicalcium phosphate, ammonium phosphate and amorphous Ca3O8P2. Ammonium phosphate segment is projected to be the fastest growing sector due to increased usage in producing fertilizers for growth and development of plants. Furthermore, rising demand from foods & beverages, water treatment and cement industry is fueling ammonium phosphate market growth.
Calcium phosphate is widely used in different industries named, food & beverage, pharmaceutical, cosmetics, fertilizers and animal feed. Fertilizers are anticipated to hold the largest market share owning to an upsurge in fertilizers consumption for increasing crop productivity. Ca3O8P2 reduces soil fertility if used in excess and reduces oxygen level in water which wipes out important parts of ecosystem.
Asia Pacific, led by India and China is projected to register highest growth for calcium phosphate market due to increasing consumer awareness and demand for packed & processed food with more focus on nutritional value. North America, dominated by the U.S. holds largest market share for calcium phosphate market owning to increased research and development activity in pharmaceuticals and food & beverages industry.
Europe calcium phosphate market will register sluggish growth due to strict government regulations. European countries do not allow use of phosphate based fertilizers owing to its adverse effects on environment which will hamper calcium phosphate market growth in the region.
The calcium phosphate market is consolidated with presence of many manufacturing companies worldwide. Some of the key industry players are Potash Corporation, Agrium, PJSC Phos Agro AG, S.A. OCP, Euro Chem, Israel Chemicals, Mosaic Company, Innophos Holdings and Jordan Phosphate Mines.
Companies have adopted several strategies to capture growing calcium phosphate market which includes expansion, investments, merger and acquisitions. In February 2016, S.A. OCP started a new production facility in Morocco. In addition, they have planned to increase plant capacity for by entering in a joint venture with Krishak Bharti. S.A. OCP is a producer of phosphate fertilizers and animal feeds. The company focuses on expansions and agreements to strengthen its market position.
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