The global Tri Calcium Phosphate market has expanded to reach approximately 190 thousand tonnes in 2021 and is expected to grow at an impressive CAGR of 4.83% during the forecast period until 2032. Hebei Yuwei Biotechnology Co. Ltd, situated in Shijiazhuang City, Hebei Province, China, is the largest plant of Tri Calcium Phosphate on an international level. In 2021, this plant accounted a production of about 27 thousand tonnes of Tri Calcium Phosphate.
Tri-Calcium Phosphate, also referred to as Tri-Basic Calcium Phosphate and bone phosphate of lime, is a white, crystalline powder. Tri-Calcium Phosphate is a phosphoric acid salt with chemical formula Ca3(PO4)2. It is mostly used to increase the calcium content of food. It is used in a number of different sectors, including those that make toothpaste, baby powder, water purifiers, porcelain coatings, nutritional supplements, knee replacement materials, and food and beverage additives.
The primary driver of the Tri Calcium Phosphate market is the Food Additives sector. It works well as an acidity regulator in juices, emulsifier in dairy items, firming agent in gels, and anti-caking agents and flour-treatment agent. Tri-calcium phosphate works well as a nutritional supplement since the body can easily absorb it. With rising population, the demand of ready-to-eat food items and chewable nutrients is increasing to compel the nutritional deficiency, anticipated to propel the total demand for Tri Calcium Phosphate globally. The global Tri Calcium Phosphate market is anticipated to reach 320 thousand tonnes by 2032.
Based on product type, the global tri-calcium market can be bifurcated into capsules and powders. Tri-calcium phosphate is effective as a nutritional supplement, as it is readily absorbed in the body. Additionally, it is more effective than other calcium supplements, particularly those containing citrate and carbonate. Increase in demand for superior quality foods, high consumption of nutritional eatables, and rise in consumer awareness regarding health are expected to propel the global tri-calcium phosphate market during the forecast period.
The Asia Pacific region dominates the Tri Calcium Phosphate market in terms of consumption. As of 2021, this region held a market share of approximately 50%. In the upcoming years, Asia Pacific is anticipated to lead the tricalcium phosphate market due to the growing population, rising food consumption such as dairy products & ready-to-eat food items, and expanding agricultural activities in these regions. Additionally, Asia Pacific is also leading in terms of manufacturing Tri Calcium Phosphate, with China as the leading producer.
Based on the end-user industry, the global Tri Calcium Phosphate market is segregated into Food Additive, Pharmaceuticals, Agriculture, and Others end-use industries. Food Additive is dominating the Tri Calcium Phosphate market on the global level. In 2021, this industry accounted for approximately 40% of the global market. As a food additive, Tri Calcium Phosphate acts an emulsifier low-fat foods and beverages, including soymilk, creaminess and opacity. It works as an acidity regulator in beverages like yoghurts and fruit juices. The Pharmaceuticals industry is also one of the leading consumers of Tri Calcium Phosphate. Growing demand of Tri Calcium Phosphate in the food and beverage sector with swift urbanization across the globe is anticipated to swell up market.
Major players in the production of Global Tri Calcium Phosphate are Hebei Yuwei Biotechnology Co.Ltd., Zhucheng Haotian Pharm Co.Ltd., Hubei Lianxing Chemical Co.Ltd, Hubei Xingfa Chemicals Group Co.Ltd, and Others.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2032
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Objective of the Study:
• To assess the demand-supply scenario of Tri Calcium Phosphate which covers production, demand and supply of Tri Calcium Phosphate market in the globe.
• To analyse and forecast the market size of Tri Calcium Phosphate
• To classify and forecast Global Tri Calcium Phosphate market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Tri Calcium Phosphate market in the globe.
To extract data for Global Tri Calcium Phosphate market, primary research surveys were conducted with Tri Calcium Phosphate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Tri Calcium Phosphate market over the coming years.
ChemAnalyst calculated Tri Calcium Phosphate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Tri Calcium Phosphate across the globe. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Tri Calcium Phosphate manufacturers and other stakeholders
• Organizations, forums and alliances related to Tri Calcium Phosphate distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Tri Calcium Phosphate manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Tri Calcium Phosphate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2021
190 thousand tonnes
Market size Volume by 2032
320 thousand tonnes
Growth Rate
CAGR of 4.83% from 2022 to 2032
Base year for estimation
2022
Historic Data
2015 – 2021
Forecast period
2023 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2022 to 2032
Report coverage
Industry Market Size, Capacity By Company, Capacity by Location, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share
Segments covered
By End-Use: (Food Additive, Pharmaceuticals, Agriculture, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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What is the expected global market size of Tri Calcium Phosphate in terms of volume for 2032?
Ans:
The global market size of Tri Calcium Phosphate is expected to rise in the upcoming years and reach approximately 320 thousand tonnes by 2032, with an expected CAGR of 4.83%.
Q2.
Which end-use industry is dominating the Global Tri Calcium Phosphate market?
Ans:
The Food Additive industry is dominating the Tri Calcium Phosphate market with a market share of 40% in 2021.
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