February 03, 2020
According to a recent study titled ‘Calcium Phosphate Market Size By Product (Monocalcium Phosphate {By End-Use [Food & Beverages (Bakery, Meat & Seafood, Nutritional Supplements, Dairy), Pharmaceuticals (Excipients, Dental Care, Active Ingredients), Drinking Water Treatment, Animal Feed, Fertilizers]}, Di-Calcium Phosphate {By End-Use [Food & Beverages (Bakery, Nutritional Supplements, Dairy), Pharmaceuticals (Excipients, Dental Care, Active Ingredients), Drinking Water Treatment, Animal Feed, Fertilizers]}, Tricalcium Phosphate {By End-Use [Food & Beverages (Bakery, Meat & Seafood, Nutritional Supplements, Dairy), Pharmaceuticals (Excipients, Dental Care, Active Ingredients), Drinking Water Treatment, Animal Feed, Fertilizers]}, Calcium Acid Pyrophosphate {By End-Use [Food & Beverages (Bakery, Nutritional Supplements, Dairy), Pharmaceuticals (Dental Care, Active Ingredients), Animal Feed, Fertilizers]}), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Spain, Netherlands, China, India, Japan, South Korea, Australia, Thailand, Malaysia, Vietnam, Brazil, Mexico, Argentina, Colombia, Saudi Arabia, UAE, South Africa, Morocco), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025’, available with Market Study Report, the global calcium phosphate market is expected to witness exponential growth by 2025.
Increasing consumption of calcium phosphate across various industry verticals such as pharmaceuticals, food & beverages, fertilizers, animal feed, and water treatment is expected to fuel the calcium phosphate market growth. Calcium phosphate helps strengthen bone formation and maintenance. Increasing cases of patients with homozygous thalassemia, osteomyelitis, rickets, osteoporosis, and fracture is predicted to foster product adoption over the coming years.
Growing concerns over water scarcity and water pollution owing to rapid industrialization in developing nations are projected to drive the demand for calcium phosphate. Both federal and private environmental organizations are focusing on reusing water. Currently, major economies like Israel, Australia, the U.S., and Singapore are trying to overcome the water supply & demand gap which is slated to positively impact calcium phosphate market size.
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Rising consumption of functional and fortified food coupled with increasing usage of natural ingredients in food preparation is likely to propel the demand for monocalcium phosphate, registering a CAGR of 5% by 2025. It facilitates the metabolism process in livestock, pet, and poultry and restores their mineral deficiencies, thereby, improving their bone health, immunity, and reproductive systems. Increasing adoption of monocalcium phosphate in animal feed could further supplement the segment growth.
In terms of end-use, the food & beverage segment had held more than 20% market share in 2018 and is expected to endow lucrative growth opportunities over the forecast period. This growth can be attributed to the surging demand for bakery items like cakes, bread, pies, donuts, and pastries. Additionally, evolving dietary patterns and growing consumption of meat would massively benefit product demand in the approaching years.