Global Food Phosphate Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Food Phosphate market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Food Phosphate market."
Food-grade phosphates are used in the production of foods to function as buffers, sequestrants, acidulants, bases, flavors, cryoprotectants, gel accelerants, dispersants, nutrients, precipitants, and as free-flow (anticaking) or ionexchange agents. The actions of phosphates affect the chemical leavening of cakes, cookies, pancakes, muffins, and doughnuts; the even melt of processed cheese; the structure of a frankfurter; the bind and hydration of delicatessen meats; the fluidity of evaporated milk; the distinctive flavor of cola beverages; the free flow of spice blends; the mineral content of isotonic beverages; and the light color of par-fried potato strips.
At present, the major manufacturers of food-grade phosphate are ICL PP, Innophos, Budenheim, Xingfa Chemicals Group, Blue Sword Chem, Prayon, Wengfu Gene-Phos Chem, Chengxing Industrial Group, Hens, Chuandong Chem, Mianyang Aostar, CERDI, Aditya Birla Chem, Thermphos, Nippon Chem, Tianrun Chem, Huaxing Chem, Zhongshen Phosphates Chem, Fosfa
AsiaPhos, Mexichem, Fosfitalia, Tianjia Chem and Rin Kagaku Kogyo, etc.
Food-grade phosphate downstream is wide in food industry. Recently, food-grade phosphate has increased significance in various fields of meat, sea food, beverage and other applications when food is processing, packing or baking. Globally, the food-grade phosphate market is mainly driven by growing demand for meat, sea food and beverage which account for nearly 75% of total downstream consumption of food-grade phosphate in global in 2016.
Based on types of food-grade phosphate available in the market, the report segments the market into STPP, SHMP, SAPP, TSPP and other food-grade phosphate (DSP, TSP, STMP, etc.). The market for STPP accounted for the largest market share in 2016, followed by SHMP, SAPP and TSPP, etc.
According to our research and analysis, manufacturers from China, USA, Germany, France, Belgium, Mexico, Thailand, Japan, etc., are the leaders in global market of food-grade phosphate. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field at present.

The global Food Phosphate market is valued at 2330 million US$ in 2018 is expected to reach 2800 million US$ by the end of 2025, growing at a CAGR of 2.3% during 2019-2025.
This report focuses on Food Phosphate volume and value at global level, regional level and company level. From a global perspective, this report represents overall Food Phosphate market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    ICL PP
    Innophos
    Budenheim
    Xingfa Chemicals Group
    Blue Sword Chem
    Prayon
    Wengfu Gene-Phos Chem
    Chengxing Industrial Group
    Hens
    Chuandong Chem
    Mianyang Aostar
    CERDI
    Aditya Birla Chem
    Thermphos
    Nippon Chem
    Tianrun Chem
    Huaxing Chem
    Zhongshen Phosphates Chem
    Fosfa
    AsiaPhos
    Mexichem
    Fosfitalia
    Tianjia Chem
    RIN KAGAKU KOGYO

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    STPP
    SHMP
    SAPP
    TSPP
    Other

Segment by Application
    Meat
    Seafood
    Beverage
    Other