Calcium Phosphate Market Overview:
Calcium Phosphate Market size was valued at USD 743.96 Million in 2021, registering a CAGR of 5.4% during the forecast period (2022-2030), and the market is estimated to be worth USD 1,194.3 Million by 2030.
Calcium phosphate is one of the main minerals which is available in nature in multiple forms. Calcium and phosphorous are associated to form calcium phosphates. Calcium phosphates are key components for biological hard tissue and are existing in substantial amounts in bone, teeth, and tendons. It gives stiffness and hardness to these organs. In their crystalline form, calcium phosphates are extensively utilized in medical applications that help in the restructuring of bone. The other variabilities of calcium phosphate are broadly employed in multiple industries. These are also widely utilized in sauces, salts, and baked items and are regularly found in calcium supplements that help to rise calcium content. The calcium phosphate market is receiving enormous recognition across multiple industries owing to its surging prerequisites and demand.
The Asia Pacific region is the largest consumer of Calcium Phosphate at the global level with a market share of more than 30%. Owing to the rapid expansion of the food & beverages and agricultural sector. Followed by the Asia Pacific region North America is leading the market in terms of value and volume.
- Owing to the surge in the demand for calcium phosphate in dietary, food, and bakery items increasing their calcium content is the key driver to propel the market growth globally.
- The extensive use of this in the pharmaceutical industry for manufacturing calcium tablets for all age groups owing to the increased health consciousness. Furthermore, during implant surgery, calcium phosphate is used as a synthetic graft substitute in dental and orthopedic applications in the medical sector.
- Its usage in making fertilizers for the agricultural sector to protect and enhance crop quality is also the key factor propelling the calcium phosphate market growth.
Consumption of calcium phosphate in large amounts can cause kidney diseases. As a result, people suffering from kidney diseases need to avoid eating or using products with calcium phosphate. Furthermore, it can cause vomiting, severe nausea, or constipation. The above-mentioned factor hampers the market growth of calcium phosphate.
The outbreak of COVID-19 hindered the market demand globally. Leading players operating in the market recorded a decline in their revenues from the drop in the demand for calcium phosphate due to disruption in the supply chain during the lockdown. However, post-pandemic, the market has seen positive growth due to the demand for calcium phosphate subsequently increasing due to the restart of the end use sector.
Calcium Phosphate Report Coverage:
|Report Attributes||Report Details|
|Market Size in 2030 (USD Million)||1,194.3 Million|
|By Type||Mono calcium phosphate, Di-Calcium phosphate, Tri calcium phosphate|
|By End-use||Pharmaceutical, Food & Beverages, Chemical, Agriculture, and Others|
|By Geography||North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa|
|Key Players||The Mosaic Company (US), Yara International ASA (Norway), EuroChem Group AG (Switzerland), Phosphea (France), Quimpac S.A. (Peru), Ecophos Group (Belgium), Nutrien Ltd. (Canada), Rotem Turkey (Turkey), OCP Group (Morocco), PhosAgro (Russia)|
In terms of type, the calcium phosphate market is segmented into mono-calcium phosphate, dicalcium phosphate, and tricalcium phosphate. Di calcium phosphate segment has the largest portion of the market accounting for more than 40% share the market. It is extensively utilized in the pharmaceuticals and food & beverages sectors. As a dough modifier, an emulsifier, a buffering agent, and a nutritional supplement in the food and beverages industry. Furthermore, this is used in toothpaste and medicine to provide calcium content to the body which will boost the growth of the market in the forecast period. The mono calcium phosphate segment is estimated to witness growing demand in the forecast period owing to its usage in the food & beverage industry, especially in baked products.
The application segment is incorporated with food & beverages, pharmaceutical, chemical, agriculture, and others. The food & beverages segment holds the largest share of the market, due to its utilization in bakery and dairy products. It is used as an anti-caking agent and as a food additive providing calcium. The growing consumer awareness about healthy food options is the key reason behind the segmental growth of the food & beverages industry. Following the food and beverages industry pharmaceutical industry holds the second-largest share of the market. In this segment calcium phosphate is a huge mineral source that is used in producing tablets for bones. It is also used in oral products.
The regional segment includes North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Asia Pacific region holds the largest share of the calcium phosphate market. Due to the increasing food & beverages industry. This region holds more than 30% of the market share globally. Developing countries like China and India are the prominent consumers of calcium phosphate in the food and beverage industries. Also, the massive agricultural sector in this region fosters the growth of the market, as calcium phosphate is used in fertilizers for the healthy growth of the crops. Furthermore, the consumption of calcium phosphate is more in the elderly population of this region for healthy bones. The North American market is growing at the highest CAGR due to the boom in the pharmaceutical industry. Additionally, The European region is anticipated to grow steadily due to the rising investments in the pharmaceutical industry.
Calcium Phosphate Market Competitive Landscape:
The competitive landscape of the market has been evaluated in the report, with comprehensive profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), product innovation, various business strategies, and Application launches have accelerated the growth of the Sample Preparation market. Key players in the market include-
- The Mosaic Company (US)
- Yara International ASA (Norway)
- EuroChem Group AG (Switzerland)
- Phosphea (France)
- Quimpac S.A. (Peru)
- Ecophos Group (Belgium)
- Nutrien Ltd. (Canada)
- Rotem Turkey (Turkey)
- OCP Group (Morocco)
- PhosAgro (Russia)
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