Calcium Phosphate Market Demand & Supply Analysis 2023-2035


Posted April 25, 2024 by Prashanth9573

Calcium Phosphate Market size is poised to cross USD 1.7 billion by the end of 2035, growing at a CAGR of 6% during the forecast period, i.e., 2023-2035.

 
Research Nester’s recent market research analysis on “Calcium Phosphate Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global calcium phosphate market in terms of market segmentation by product, end-use, and by region.

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Growing Demand for Uninterrupted Supply of Nutritional Food Items to Promote Global Market Share of Calcium Phosphate

In the recent period, the world has seen an explosion in population within a short span. As a result, the demand for food items and agricultural products has considerably grown which has further resulted in an increase in the utilization rate of calcium phosphate in the upcoming years. Furthermore, the rise in demand for nutritional food for maintaining a healthy lifestyle and fit body is also anticipated to bring the demand for calcium phosphate. In addition to the other factors, the escalation in soil management practices along with the rising favorable policies by the government regarding food safety and sustainable crop production is anticipated to bring lucrative growth opportunities for market growth during the assessment period.

Some of the major growth factors and challenges that are associated with the growth of the global calcium phosphate market are:

Growth Drivers:

Surge in the Number of People Suffering from Chronic Diseases
Increase in Agricultural Practices Around the World
Challenges:

The rising concern for the side effects associated with the excessive use of calcium phosphate along with the stringent government rules related to the environment along with the low awareness level about the different usage of calcium phosphate are some of the major factors anticipated to hamper the global market size of calcium phosphate.

By product, the global calcium phosphate market is segmented into monocalcium phosphate, di-calcium phosphate, tricalcium phosphate, and calcium acid phosphate. The di-calcium phosphate segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The growth of the segment can be attributed to the growing demand for water all across the globe. The total annual water demand for all applications worldwide was expected to be about 4,600 km3 in 2019 and 5,500–6,000 km3 in 2050, an increase of 20–30%. Hence the use of di-calcium phosphate is estimated to boost water treatment owing to its sorbent nature.

By region, the Asia Pacific calcium phosphate market is to generate the highest revenue by the end of 2035, backed by growing demand for chicken, along with the growing focus on animal health. China produced the most chicken meat in the Asia-Pacific area in 2020, at around 14 million metric tons. Moreover, along with growing meat production, the focus of people on a nutritional-based diet is also growing which usually contains all crops. Hence, agricultural activity is estimated to boost the demand for calcium phosphate.

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Last Updated April 25, 2024