Global Food Grade Phosphoric Acid Market - Forecast to Grow at a CAGR of 9% During 2017-2022 - Research and Markets
The "Global Food Grade Phosphoric Acid Market - Growth, Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.
The global food grade phosphoric acid market is estimated to record a CAGR of 9% over the forecast period (2017-2022).
Sodium tripolyphosphate has applications in various end-user industries, such as food & beverages, pharmaceuticals, agriculture and cosmetics. The growing demand for preservative food products, especially in urban areas, is driving the sodium tripolyphosphate market. Sodium tripolyphosphate is used as a food additive in seafood, meat and poultry products for making them firm and smoother. It is also a preservative in fruits juice, vegetable protein drinks and milk products.
Thus, the growing demand for sodium tripolyphosphate is anticipated to drive the sodium tripolyphosphate market demand in the end-user industries, such as pharmaceuticals, food & beverages and agriculture. Food-grade phosphoric acid is a common food additive that leads to decreased bone mineral density. The adverse effect of food grade phosphoric acid acts as a restraint to the sodium tripolyphosphate market.
Companies Mentioned:
- The Mosaic Company
- Guangxi Qinzhou Capital Success Chemical Co.Ltd.
- Guizhou U-Share Materials Co., Ltd.
- OCP
- Agrema Poland Sp. z o.o.
- Modern Leen For Marketing & Trading
- The Potash Corporation
- ICL Food Specialties
- Israel Chemicals Ltd.
- Wengfu Group Co. Ltd.
- YTHIC
Key Topics Covered:
1. Introduction
2. Research Approach and Methodology
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
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View source version on businesswire.com: http://www.businesswire.com/news/home/20171103005404/en/