Feed Phosphate Market

SKU: DMAG679 | Last Updated On: Nov 10 2022 | Available Formats

> Global Feed Phosphate Market Expected to reach a high CAGR 4.05% By 2029: DataM Intelligence.

Global Feed Phosphate Market is segmented By Type (Monocalcium Phosphate, Dicalcium Phosphate, Mono-Dicalcium Phosphate, Tricalcium Phosphate, Defluorinated Phosphate, Others), By Livestock (Ruminant, Swine, Poultry, Aquaculture, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

[195 Pages Report] The Global "Feed Phosphate Market" is expected to grow at a high CAGR of 4.05% during the forecast period (2022-2029)

  • Feed phosphates are food supplements used in livestock farming. The use of inorganic feed phosphates is necessary to meet the phosphorus requirements for animal production: to ensure optimal growth, fertility, and bone development.

  • Phosphorus plays a major metabolic role and has more physiological functions than other elements. An adequate supply of phosphorus in the feed is, crucial to the health and optimal production of livestock.

Metrics

Details

Market CAGR

4.05%

Segments Covered

 By Type, By Livestock, And By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

To realize the suppositions considered for the review, Request for Free Sample Report Click Here

Market Dynamics

  • The feed phosphate market is primarily driven by meat consumption. Countries with historically low meat consumption rates are expected to witness an increase in meat consumption shortly. India with a population of 1.35 billion is projected to be one of the largest growth areas for use in chicken, beef, and mutton. Meat consumption in other countries is also expected to increase steadily.

  • Increasing the consumption of meat, milk, and eggs is leading to the increasing production of feed for the pig, broiler, and dairy industries. The growing need for meaning is a crucial factor driving the demand for the feed phosphate market globally.

  • Companies are increasing their production capacities to increase product range with the lower price range. Ecophos is planning to expand its production capacities to benefit its technology business sales. The development of high-speed mixers has enabled for high-speed production of feed phosphates.

  • This technology also offers significant value for animal feed granulation with high quality.

  • Increasing consumer preference for plant-based protein sources in developed countries like the US could be a long-term threat to the feed phosphate business. Specific proposals such as the ‘red meat tax’ driven by health concerns could hurt livestock agriculture and ultimately feed the phosphate market.

Market Segmentation Analysis

  • The global Feed phosphate market is segmented by Type and Livestock. By type, the feed phosphate market is divided into Monocalcium Phosphate, Dicalcium Phosphate, Mono-Dicalcium Phosphate, Tricalcium Phosphate, Defluorinated Phosphate, and Others. Monocalcium Phosphate (MCP) is the most widely used phosphate source in feed globally, but regarding market share, the Dicalcium feed phosphate market accounted for a significant market share of 56% in the global feed phosphate market in 2017.

  • Mono-Di-calcium Phosphate (MDCP) is used in animal nutrition to help animals increase weight, breeding rate, and survival rate. Tri-calcium Phosphates help with bone and mineral generation in animals. But it is scarcely used due to the low availability of Phosphorus.

  • Defluorinated phosphate is highly efficient and naturally a clean fodder additive for animals and birds with increased content of lemon-soluble phosphorous. Other feed phosphate products include magnesium phosphate, sodium phosphate, and ammonium phosphate.

  • By livestock, the feed phosphate market is segmented into Ruminant, Swine, Poultry, Aquaculture, and Others. Regarding livestock, the Poultry segment accounted for a significant share of the market followed by the ruminant.

Market Geographical Share

  • By region, Global feed phosphate is segmented into North America, South America, Europe, Asia-pacific, and the Rest of the World. South America is expected to grow at the highest rate owing to increased production of aquafeed in Brazil, Chile, and Peru.

  • North America is the leading producer of feeds for cattle, turkeys, pets & horses, the region produces about one-third of beef feed, and hence it is one of the significant markets for Feed Phosphate. The Asia Pacific region accounts for more than 35% of the world’s feed production and is still growing. China is the major producer and consumer of Phosphoric acid globally.

  • The production of Livestock has shown increased growth than food grain production in India in recent years. These factors will propel the growth of the Asia-Pacific region within the Feed Phosphate market.

Market Key Players

  • Some of the critical players in the Feed Phosphate market are The Mosaic Company, Euro-Chem, Simphos, Fosfitalia, Potash Corp., Timab Industries (Groupe Roullier), Yara International ASA, OCP Group, PhosAgro, Sichuan Lomon Titanium Industry Co., Ltd., and Guizhou Chanhen Chemical Corporation.

  • In Feb 2018, Ecophos has announced that it has signed an agreement with Guizhou Chanhen Chemical Corp. to establish a sino-foreign equity joint venture (JV), Chaneco Co. Ltd to produce 400 000 tons of high-quality feed phosphate.

  • In July 2018, EcoPhos has formed a joint venture with Gujarat Narmada Valley Fertilizers & Chemicals Ltd to set up a di-calcium phosphate plant in India. In September 2018, Yara entered the aquaculture industry with Phosphate additives.

Trending Topics

Agricultural Enzymes Market

Agricultural Biologicals Market

Agricultural Disinfectants Market 

FAQ

What is the Growth Rate of the Feed Phosphate Market?

Grow at a high CAGR of 4.05% during the forecast period (2022-2029).

Which Companies Are Included in the Feed Phosphate Market?

Simphos, Fosfitalia, Potash Corp., Timab Sectors( Groupe Roullier), Yara International ASIDOR, PhosAgro, Sichuan Lomon Titanium Market Co. Ltd., and Guizhou Chanhen Chemical Corporation.

Which Region is in Feed Phosphate Market?

The worldwide feed phosphate is divided into The united states, the South United states of America, Europe, Asia Pacific, and the rest of the country. Due to the increased production of aquafeed in Brazil, Chile, and Peru, South America is estimated to grow at the top rate.

Did not find what you were looking for?Every 7 out of 10 customers request tailored reports. Get yours today!
We collate your requirements.
Our global research team is put into action.
We deliver, and make sure your endeavour is a success!

Buy This Report

20% Discount Applied*



Note*: For "Bundle/Bulk" Subscription of Reports,
please contact: [email protected]

Get your free sample proposal with a single click!

linkedinpinterest