Food Grade Phosphoric Acid Market Trends 2022 | Segmentation, Outlook, Industry Report to 2028

Food grade phosphoric acid, commonly referred to as orthophosphoric acid,has odourless,colourless, transparent and sour taste, and is mainly used to acidify foods and beverages such as jam and cola. Moreover, food grade phosphoric acid is used as an acidity regulator and nutritional agent for yeast. It can be applied to canned food,light drinks,taste as well as wineries as a source of nutrients for yeast to prevent the breeding of useless bacteria.

Phosphoric acid can generally be manufactured by three processes,which include thermal process, wet process and dry kiln process. Most of the manufacturers use thermal processes to produce phosphoric acid compared to wet processes. Food grade phosphoric acid is usually packed in phosphoric acid,high density polyethylene drums and bulk, and then supplied. In addition,manufacturers of food grade phosphoric acid are focused on introducing their products that contain properties such as high purity, on-demand packaging and tailor-made products.

Scope of the Report

The research study analyzes the global Food Grade Phosphoric Acid industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Market Segmentation:

Based Product Type

• Phosphoric Acid food grade 75%
• Phosphoric Acid food grade 80%
• Phosphoric Acid food grade 85%

Based Application

• Food Preservation
• Beverages Production
• Metal Treatment
• Sugar Refining
• Others

Based End-use Industry

• Food & Beverages
• Metallurgy
• Others

Mentioned below are the prime players taken into account in this research report: 

• include Febex SA (Arkema)
• Innophos Inc 
• Aditya Birla Chemicals
• OCP Group
• Nutrien Ltd. 
• WengFu Group
• Devdhar Chemicals Private Limited
• Solaris Chemtech.

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Food Grade Phosphoric Acid Market Report

1. What was the Food Grade Phosphoric Acid Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Food Grade Phosphoric Acid Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the Food Grade Phosphoric Acid Market was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.