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Western Europe Food Phosphate Market Size

  • Report ID: GMI5199
  • Published Date: Feb 2022
  • Report Format: PDF

Western Europe Food Phosphate Market Size

Western Europe Food Phosphate Market size was over USD 44 million in 2020 and is estimated to grow at over 6% CAGR between 2021 and 2027 owing to increasing consumption of RTE and RTC & processed meat food products. Moreover, the high population of working women and the increasing number of single parents led to surging demand for frozen meat & poultry products.

 

Western Europe food phosphate market outlook

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Food phosphates are used as additives for producing food products and functioning as ion-exchange or free-flow (anticaking) agents, buffers, sequestrants, bases, cryoprotectants, flavours, acidulants, gel accelerants, dispersants, precipitants, and nutrients. They are primarily used to maintain the hydration & structure of poultry, meat, and seafood products. Food phosphates are commonly used in meat & meat products including cured pork products such as ham & bacon, and precooked breakfast sausages.

 

Increasing seafood consumption in Western European countries is projected to increase the food phosphate market in the region. Seafood contains functional components including n-3-polyunsaturated fatty acids, such as eicosapentaenoic acid and docosahexaenoic acid, that aid in preventing arteriosclerotic and thrombotic diseases.

 

Furthermore, seafood is a higher source of phosphorous as compared to other sources as it retains the natural water-binding capacity of raw muscle proteins. Increasing public awareness regarding the health benefits of fish-based diets has propelled seafood consumption over the past few years.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The food phosphate industry size in Western Europe had crossed USD 44 million in 2020 and is poised to record a 6% CAGR up to 2027 driven by the rising intake of RTE and RTC & processed meat food products and the expanding working women population.

The sodium phosphate market in Western Europe exceeded USD 16.40 million in 2020 and is poised to record a 5.5% CAGR through 2027 given its rising usage in regulating the pH of processed meat products, like deli meat and canned tuna.

The regional food phosphate market size from the meat & poultry products application is anticipated to cross USD 44.75 million in 2027 owing to its growing adoption for improving the water-binding capacity, protein functionality, and flavor stability of canned & processed meat products.

France food phosphate market revenue reached close to USD 9.45 million in 2020 and is likely to strike a CAGR of more than 6.5% through 2027 due to its increasing penetration in cooking to enhance the juiciness, color, and flavor of the meat products.

Western Europe Food Phosphate Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 13
  • Tables & Figures: 196
  • Countries covered: 10
  • Pages: 235
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