The food phosphate market size has grown strongly in recent years. It will grow from $3.08 billion in 2024 to $3.31 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increased demand for processed and convenience foods, growth in the food and beverage industry, adoption of phosphates as food additives, rise of ready-to-eat and ready-to-cook products, enhancement of food texture and appearance.
The food phosphate market size is expected to see strong growth in the next few years. It will grow to $4.34 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to preservation of flavor and nutrient content, increased shelf life of packaged foods, growth in the global population, urbanization, rise in the vegan and plant-based food movement. Major trends in the forecast period include technological advances in food processing, emphasis on sustainable sourcing of phosphates, exploration of microencapsulation for phosphate delivery, introduction of phosphates in clean meat production, adoption of phosphates in functional and fortified foods.
The anticipated increase in meat product consumption is poised to drive the growth of the food phosphate market in the future. Meat product consumption involves the intake of foods derived from animal meat, including beef, pork, poultry, lamb, and more. Food phosphates, chemical compounds widely employed in the meat industry, serve various purposes such as enhancing texture, appearance, shelf life, pH regulation, and moisture retention in meat products. As of May 2023, a report from the World Animal Foundation (WAF) indicated that beef consumption in the US reached 58.9 pounds per person in 2022, while chicken consumption increased from 115 pounds in 2022 to 117.4 pounds in 2023. Similarly, pork consumption rose from 51.1 to 51.6 pounds per person in 2022. Thus, the escalating trend of meat product consumption is a significant factor propelling the growth of the food phosphate market.
The increasing demand for processed foods is expected to contribute to the expansion of the food phosphate market. Processed foods, which undergo deliberate alterations in form, composition, or taste, utilize food phosphates for purposes such as flavor enhancement, texture improvement, freshness preservation, and acting as stabilizers or emulsifiers. According to the United States Department of Agriculture's March 2022 report, the total value of US processed food product exports amounted to $38 billion in 2022, marking a 10.96% increase from $34.24 billion in 2021. Canada and Mexico also demonstrated significant contributions to the processed food market with exports valued at $11.43 billion and $5.65 billion, respectively, in 2022. Hence, the growing demand for processed foods is a driving force behind the expansion of the food phosphate market.
Product innovations are a significant trend gaining traction in the food phosphate market. Leading companies in this sector are developing cutting-edge products to maintain their market position. For example, in April 2023, Innophos Holdings Inc., a US-based chemicals company, introduced LEVAIR Select, a non-aluminum phosphate designed for industrial bakers. This innovative product serves as a calcium-based alternative to traditional sodium aluminum phosphate (SALP), a commonly used leavening agent in bakery items like breads, cakes, and pastries. It is also suitable for use in other food products such as snacks and cereals. Additionally, LEVAIR Select offers a more stable and longer-lasting option compared to SALP, making it more attractive for both bakers and consumers.
Key companies in the food phosphate market are concentrating on advanced solutions, including phosphate replacement solutions, to meet industry demands and enhance their product offerings. Phosphate replacement solutions are electrolyte solutions containing phosphates that help replenish phosphorus levels in the body. For instance, in June 2023, CJ Food & Nutrition Tech (CJ FNT), a Korea-based provider of innovative solutions for human health and the environment, launched TasteNrich HYBIND, a groundbreaking substitute for conventional phosphates. This product emphasizes natural ingredients and consistent performance, addressing the growing demand for healthier and cleaner-label options. It presents a compelling alternative to traditional phosphates, which are often used to enhance texture and moisture retention in processed meats. Concerns about the potential health risks associated with these traditional phosphates, particularly for young consumers, have fueled the need for more natural and effective alternatives in Europe.
In June 2022, Koch Industries Inc., a US-based chemical manufacturing company, acquired a 50% stake in Jorf Fertilizers Company III for an undisclosed amount. This strategic acquisition aims to enhance Koch Industries Inc.'s global reach in the fertilizer market, establish a presence in the African fertilizer market, and diversify its business portfolio. Jorf Fertilizers Company III, based in Morocco, specializes in the production of food phosphates.
Major companies operating in the food phosphate market include Nutrien Ltd., Solvay S.A., The Mosaic Company, Arkema SA, OCP Group, SQM SA, Univar Inc., EuroChem Group AG, Israel Chemicals Limited Group, Clariant AG, Aditya Birla Chemicals Pvt. Ltd., Innophos Holdings Inc., Hawkins Inc., Haifa Group, Chemische Fabrik Budenheim KG, Fosfa Inc., Prayon S.A., FBC Industries Inc., Polifar Group Limited, NutriScience Innovations LLC, TKI Hrastnik d.d, Natural Enrichment Industries LLC, Sulux Phosphates Ltd., XINGFA USA Corp, ATP Group.
North America was the largest region in the food phosphate market in 2024. The regions covered in the food phosphate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food phosphate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Food phosphate denotes inorganic phosphorus added to processed foods as an additive or preservative, aimed at enhancing quality, prolonging shelf life, and improving texture. The widespread use of food phosphates in the food industry is attributed to their functional properties, which contribute to the consistency, stability, and overall quality of various food products.
The primary types of products within the category of food phosphates include sodium phosphate, potassium phosphate, calcium phosphate, phosphoric acid, and aluminum phosphate. Sodium phosphate encompasses a group of inorganic compounds containing sodium cations (Na+) and phosphate anions (PO43-). Its functionalities span buffers, sequestrants, acidulants, bases, flavors, cryoprotectants, dispersants, nutrients, and others. These applications find use in various sectors, including dairy, bakery products, meat and seafood processing, as well as beverages.
The food phosphate market research report is one of a series of new reports that provides food phosphate market statistics, including food phosphate industry global market size, regional shares, competitors with a food phosphate market share, detailed food phosphate market segments, market trends, and opportunities, and any further data you may need to thrive in the food phosphate industry. This food phosphate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The food phosphate market consists of sales of monosodium phosphate, disodium phosphate, trisodium phosphate, tetrasodium pyrophosphate, sodium acid pyrophosphate (SAPP), sodium tripolyphosphate (STPP), and dicalcium phosphate (DCP). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The food phosphate market size is expected to see strong growth in the next few years. It will grow to $4.34 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to preservation of flavor and nutrient content, increased shelf life of packaged foods, growth in the global population, urbanization, rise in the vegan and plant-based food movement. Major trends in the forecast period include technological advances in food processing, emphasis on sustainable sourcing of phosphates, exploration of microencapsulation for phosphate delivery, introduction of phosphates in clean meat production, adoption of phosphates in functional and fortified foods.
The anticipated increase in meat product consumption is poised to drive the growth of the food phosphate market in the future. Meat product consumption involves the intake of foods derived from animal meat, including beef, pork, poultry, lamb, and more. Food phosphates, chemical compounds widely employed in the meat industry, serve various purposes such as enhancing texture, appearance, shelf life, pH regulation, and moisture retention in meat products. As of May 2023, a report from the World Animal Foundation (WAF) indicated that beef consumption in the US reached 58.9 pounds per person in 2022, while chicken consumption increased from 115 pounds in 2022 to 117.4 pounds in 2023. Similarly, pork consumption rose from 51.1 to 51.6 pounds per person in 2022. Thus, the escalating trend of meat product consumption is a significant factor propelling the growth of the food phosphate market.
The increasing demand for processed foods is expected to contribute to the expansion of the food phosphate market. Processed foods, which undergo deliberate alterations in form, composition, or taste, utilize food phosphates for purposes such as flavor enhancement, texture improvement, freshness preservation, and acting as stabilizers or emulsifiers. According to the United States Department of Agriculture's March 2022 report, the total value of US processed food product exports amounted to $38 billion in 2022, marking a 10.96% increase from $34.24 billion in 2021. Canada and Mexico also demonstrated significant contributions to the processed food market with exports valued at $11.43 billion and $5.65 billion, respectively, in 2022. Hence, the growing demand for processed foods is a driving force behind the expansion of the food phosphate market.
Product innovations are a significant trend gaining traction in the food phosphate market. Leading companies in this sector are developing cutting-edge products to maintain their market position. For example, in April 2023, Innophos Holdings Inc., a US-based chemicals company, introduced LEVAIR Select, a non-aluminum phosphate designed for industrial bakers. This innovative product serves as a calcium-based alternative to traditional sodium aluminum phosphate (SALP), a commonly used leavening agent in bakery items like breads, cakes, and pastries. It is also suitable for use in other food products such as snacks and cereals. Additionally, LEVAIR Select offers a more stable and longer-lasting option compared to SALP, making it more attractive for both bakers and consumers.
Key companies in the food phosphate market are concentrating on advanced solutions, including phosphate replacement solutions, to meet industry demands and enhance their product offerings. Phosphate replacement solutions are electrolyte solutions containing phosphates that help replenish phosphorus levels in the body. For instance, in June 2023, CJ Food & Nutrition Tech (CJ FNT), a Korea-based provider of innovative solutions for human health and the environment, launched TasteNrich HYBIND, a groundbreaking substitute for conventional phosphates. This product emphasizes natural ingredients and consistent performance, addressing the growing demand for healthier and cleaner-label options. It presents a compelling alternative to traditional phosphates, which are often used to enhance texture and moisture retention in processed meats. Concerns about the potential health risks associated with these traditional phosphates, particularly for young consumers, have fueled the need for more natural and effective alternatives in Europe.
In June 2022, Koch Industries Inc., a US-based chemical manufacturing company, acquired a 50% stake in Jorf Fertilizers Company III for an undisclosed amount. This strategic acquisition aims to enhance Koch Industries Inc.'s global reach in the fertilizer market, establish a presence in the African fertilizer market, and diversify its business portfolio. Jorf Fertilizers Company III, based in Morocco, specializes in the production of food phosphates.
Major companies operating in the food phosphate market include Nutrien Ltd., Solvay S.A., The Mosaic Company, Arkema SA, OCP Group, SQM SA, Univar Inc., EuroChem Group AG, Israel Chemicals Limited Group, Clariant AG, Aditya Birla Chemicals Pvt. Ltd., Innophos Holdings Inc., Hawkins Inc., Haifa Group, Chemische Fabrik Budenheim KG, Fosfa Inc., Prayon S.A., FBC Industries Inc., Polifar Group Limited, NutriScience Innovations LLC, TKI Hrastnik d.d, Natural Enrichment Industries LLC, Sulux Phosphates Ltd., XINGFA USA Corp, ATP Group.
North America was the largest region in the food phosphate market in 2024. The regions covered in the food phosphate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food phosphate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Food phosphate denotes inorganic phosphorus added to processed foods as an additive or preservative, aimed at enhancing quality, prolonging shelf life, and improving texture. The widespread use of food phosphates in the food industry is attributed to their functional properties, which contribute to the consistency, stability, and overall quality of various food products.
The primary types of products within the category of food phosphates include sodium phosphate, potassium phosphate, calcium phosphate, phosphoric acid, and aluminum phosphate. Sodium phosphate encompasses a group of inorganic compounds containing sodium cations (Na+) and phosphate anions (PO43-). Its functionalities span buffers, sequestrants, acidulants, bases, flavors, cryoprotectants, dispersants, nutrients, and others. These applications find use in various sectors, including dairy, bakery products, meat and seafood processing, as well as beverages.
The food phosphate market research report is one of a series of new reports that provides food phosphate market statistics, including food phosphate industry global market size, regional shares, competitors with a food phosphate market share, detailed food phosphate market segments, market trends, and opportunities, and any further data you may need to thrive in the food phosphate industry. This food phosphate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The food phosphate market consists of sales of monosodium phosphate, disodium phosphate, trisodium phosphate, tetrasodium pyrophosphate, sodium acid pyrophosphate (SAPP), sodium tripolyphosphate (STPP), and dicalcium phosphate (DCP). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Food Phosphate Market Characteristics3. Food Phosphate Market Trends and Strategies4. Food Phosphate Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Food Phosphate Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Food Phosphate Market34. Recent Developments in the Food Phosphate Market
5. Global Food Phosphate Growth Analysis and Strategic Analysis Framework
6. Food Phosphate Market Segmentation
7. Food Phosphate Market Regional and Country Analysis
8. Asia-Pacific Food Phosphate Market
9. China Food Phosphate Market
10. India Food Phosphate Market
11. Japan Food Phosphate Market
12. Australia Food Phosphate Market
13. Indonesia Food Phosphate Market
14. South Korea Food Phosphate Market
15. Western Europe Food Phosphate Market
16. UK Food Phosphate Market
17. Germany Food Phosphate Market
18. France Food Phosphate Market
19. Italy Food Phosphate Market
20. Spain Food Phosphate Market
21. Eastern Europe Food Phosphate Market
22. Russia Food Phosphate Market
23. North America Food Phosphate Market
24. USA Food Phosphate Market
25. Canada Food Phosphate Market
26. South America Food Phosphate Market
27. Brazil Food Phosphate Market
28. Middle East Food Phosphate Market
29. Africa Food Phosphate Market
30. Food Phosphate Market Competitive Landscape and Company Profiles
31. Food Phosphate Market Other Major and Innovative Companies
35. Food Phosphate Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Food Phosphate Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on food phosphate market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for food phosphate? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The food phosphate market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Sodium Phosphate; Potassium Phosphate; Calcium Phosphate; Phosphoric Acid; Aluminum Phosphate2) By Function: Buffers; Sequestrants; Acidulants; Bases; Flavors; Cryoprotectants; Gel Accelerants; Dispersants; Nutrients; Other Functions
3) By Application: Dairy; Bakery Products; Meat and Sea Food Processing; Beverages
Subsegments:
1) By Sodium Phosphate: Monosodium Phosphate (MSP); Disodium Phosphate (DSP); Trisodium Phosphate (TSP)2) By Potassium Phosphate: Monopotassium Phosphate (MKP); Dipotassium Phosphate (DKP)
3) By Calcium Phosphate: Dicalcium Phosphate (DCP); Tricalcium Phosphate (TCP); Mono-Calcium Phosphate (MCP)
4) By Phosphoric Acid: Food-Grade Phosphoric Acid
5) By Aluminum Phosphate: Aluminum Phosphate (Food Grade)
Key Companies Mentioned: Nutrien Ltd.; Solvay S.A.; the Mosaic Company; Arkema SA; OCP Group
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Nutrien Ltd.
- Solvay S.A.
- The Mosaic Company
- Arkema SA
- OCP Group
- SQM SA
- Univar Inc.
- EuroChem Group AG
- Israel Chemicals Limited Group
- Clariant AG
- Aditya Birla Chemicals Pvt. Ltd.
- Innophos Holdings Inc.
- Hawkins Inc.
- Haifa Group
- Chemische Fabrik Budenheim KG
- Fosfa Inc.
- Prayon S.A.
- FBC Industries Inc.
- Polifar Group Limited
- NutriScience Innovations LLC
- TKI Hrastnik d.d
- Natural Enrichment Industries LLC
- Sulux Phosphates Ltd.
- XINGFA USA Corp
- ATP Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 3.31 Billion |
Forecasted Market Value ( USD | $ 4.34 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |