The Feed Phosphate Market was estimated to be USD 2.41 billion in 2021 and is forecasted to reach USD 3.32 billion by 2028 at a CAGR 4.7% during the forecast period 2022-2028.
Phosphorous is one of the vital minerals in animal nutrition. After calcium, it is the second most mineral found in the animal body, predominantly in animal teeth and bones. Moreover, phosphorus plays an important role in the development and maintenance of skeletal tissue, maintaining osmotic pressure in body fluids, acid-base balance, energy utilization, protein synthesis, growth of cells, the efficiency of feed utilization, and fertility. Deficiency of phosphorous has different effects in different animal species, to name a few deficiencies of phosphorous in laying hen causes osteomalacia as well reduction in shell thickness. Moreover, deficiency of phosphorous in pigs causes rickets thus, reducing growth rate and feed efficiency these factors are supporting the animal feed phosphate to bloom during the forecast period. Usually, the animal feed contains plant origin, which is a rich source of phosphorous, however, most of these phosphorous is not easily absorbed by animals, thus a phosphorous feed additive is required. The most popular form of animal feed phosphate is dicalcium phosphate however, its generation is not simple.
This Feed Phosphate Market Report includes information on the manufacturer, such as shipping, pricing, revenue, interview records, gross profit, and company distribution, among other things. These details assist consumers to learn more about their rivals. Likewise, the report outlines the significant difficulties that would have an influence market growth. They also give extensive facts about the industry's potential to key stakeholders, allowing them to expand their industries and increase sales in certain industries. The research will assist companies who are already in or want to enter this market in analyzing the many facets of this domain before investing in or growing their industry in the Feed Phosphate markets.
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Key Industry Players in Feed Phosphate Market:
• The Mosaic Company (US)
• Phosphea (France)
• Nutrien Ltd. (Canada)
• OCP Group (Morocco)
• Yara International ASA (Norway)
• EuroChem Group AG (Switzerland)
• PhosAgro (Russia)
• Ecophos Group (Belgium)
• Fosfitalia Group (Italy)
• J. R. Simplot Company (US)
• Quimpac S.A. (Peru)
• Sichuan Lomon Corporation (China)
• Sinochem Yunlong Co. Ltd. (China)
• Wengfu Group (China)
• Rotem Turkey (Turkey) and other major players.
Feed phosphates are used as supplements for the diets of livestock, such as poultry, swine, cattle, and aquatic animals. They help animals attain faster growth, including weight gain. Feed phosphates optimize the nutritional value of feed and further enhance the quality of meat and dairy. For instance, optimized tenderness in meat, high selenium content in eggs, and high calcium content in milk are some examples of consumer-driven beneficial modifications in livestock products, which are brought about by the addition of feed phosphates.
Segmentation Analysis Includes,
By Type:
• Monocalcium Phosphate (MCP)
• Dicalcium Phosphate (DCP)
• Tricalcium Phosphate (TCP)
• Mono Dicalcium Phosphate (MDCP)
• Monosodium Phosphate (MSP)
By Form:
• Powder
• Granule
By Application:
• Swine
• Poultry
• Ruminants
• Aquaculture
By Region:
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Table of Content: Chapter 1: Introduction