Food Phosphate Market Size, Drivers, Trends, Restraints, Opportunities And Strategies

The Business Research Company’s Food Phosphate Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Food Phosphate Global Market Report 2023 evaluates food phosphate market size, growth rate, drivers, trends, and major companies.

 

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

 

Request A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=12716&type=smp

 

The global food phosphate market is expected to grow from $2.63 billion in 2022 to $2.85 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The food phosphate market is expected to reach $3.75 billion in 2027 at a CAGR of 7.1%.

 

Rising meat product consumption is expected to propel the growth of the food phosphate market going forward. Meat product consumption refers to consuming foods made from animal meat. It includes products derived from various animals, such as beef, pork, poultry, lamb, etc. Food phosphates are chemical compounds commonly used in the meat industry for different purposes, including improving meat products' texture, appearance, shelf life, pH regulation, and moisture retention. For instance, in May 2023, according to a report published by the World Animal Foundation (WAF), A US-based organization dedicated to promoting animal welfare through education, beef consumption in the US was 58.9 pounds per person in 2022. Further, in the US, chicken consumption increased from 115 pounds in 2022 to 117.40 pounds in 2023, and pork consumption increased from 51.1 to 51.6 pounds per person in 2022. Therefore, rising meat product consumption is driving the growth of the food phosphate market.

 

Get More Information On The Food Phosphate Market Report:

https://www.thebusinessresearchcompany.com/report/food-phosphate-global-market-report

 

The food phosphate market segments in the report are:

1) By Product: Sodium Phosphate, Potassium Phosphate, Calcium Phosphate, Phosphoric Acid, Aluminum Phosphate

2) 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

 

The table of contents in TBRC’s food phosphate market report includes:

1. Executive Summary

2. Food Phosphate Market Characteristics

3. Food Phosphate Market Trends And Strategies

4. Food Phosphate Market - Macro Economic Scenario

5. Global Food Phosphate Market Size and Growth

.

32. Global Food Phosphate Market Competitive Benchmarking

33. Global Food Phosphate Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Food Phosphate Market

35. Food Phosphate Market Future Outlook and Potential Analysis

36. Appendix

 

Learn About Us: 
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

 

Contact Us: 
The Business Research Company 
Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

 

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model