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Feed Phosphate Market Size By Product (Monocalcium Phosphate, Tricalcium Phosphate, Dicalcium Phosphate, Ammonium Phosphate, Defluorinated Phosphate), By Livestock (Poultry, Cattle, Aquaculture, Swine, Pet) & Forecast, 2023 - 2032

  • Report ID: GMI1349
  • Published Date: Feb 2023
  • Report Format: PDF

Feed Phosphate Market Size

Feed Phosphate Market size surpassed USD 3.5 billion in 2022 and is projected to grow at 3% CAGR from 2023 to 2032 driven by the increasing meat consumption globally.

Feed Phosphate Market

The thriving poultry and pork businesses in key regions are foreseen to complement industry expansion. The European Union is a leading poultry meat producer and a net exporter of poultry products. Government support for the development of the livestock farming sector is fueling demand for feed phosphate Europe. Several EU countries have launched assistance programs for pig farmers struggling with the consequences of the COVID-19 outbreak. Such favorable initiatives to tackle livestock disease outbreaks are anticipated to support market growth.

Growing inclination towards cheaper alternatives to impede the industry development

The inclusion of enzymes in animal feed in order to maximize feed utilization has become a standard in the meat production sector, which has led to the extensive use of phytase as a substitute for phosphate in animal feed. However, according to the National Center for Biotechnology Information, the antinutritional action of phytate might affect the digestibility of other nutrients and animal performance. Additionally, feed phosphate market participants are focused on cutting production costs by implementing new manufacturing techniques and introducing new affordable animal feed phosphate products.

Feed Phosphate Market Analysis

Feed phosphate Market Revenue, By Product

The industry share from the dicalcium phosphate p is estimated to amass USD 2.5 billion by 2032. Inorganic supplements, such as dicalcium phosphate, serve an important role in providing beneficial minerals that are necessary for enhancing animal performance and growth. The increasing usage of dicalcium phosphate feed as a raw material and additive for producing poultry and cattle feed in most countries as a result of increased awareness about its benefits is expected to positively influence sector growth.


Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of feed phosphate surpassed USD 3.5 billion in 2022 and is projected to register 3% CAGR during 2023 to 2032 attributed to the rising pork and poultry consumption globally.

The dicalcium phosphate product segment is estimated to amass around USD 2.5 billion revenue by 2032 owing to its rising use as an animal feed additive.

The Asia Pacific market is poised to be valued at USD 2 billion by the end of 2032 driven by the increasing demand for meat and poultry products.

PhosAgro, EuroChem, The Mosaic Company, OCP Group, WengFu Group Co., Ltd., TIMAB (Phosphea), Elixir Group, Rotem Turkey, and Reanjoy Laboratories, among others are some major enterprises operating in the business scenario.

Feed Phosphate Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 213
  • Countries covered: 19
  • Pages: 200
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