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Food Phosphate Market analysis research and trends report for 2017-2024

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Food Phosphate Market size was over USD 1.4 billion in 2015 and expects gains at over 6%. Get more details @ – PowerPoint PPT presentation

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Title: Food Phosphate Market analysis research and trends report for 2017-2024


1
Food Phosphate Market to reach 2.4 billion by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Food Phosphate Market
  • Shifting consumer trends toward healthy diet
    consumption coupled with rise in the demand for
    protein enriched food will fuel Food Phosphate
    Market development. Rise in the food phosphate
    production as a result of escalating demand for
    food across countries such as India, Germany,
    China, France, and the U.S. will create a huge
    growth potential for the business. This growth
    can be attributed to the rising product usage as
    an emulsifier, sequestering leavening agent,
    and acidity regulator across various sectors such
    as food beverages, bakery items, dairy items,
    and meat seafood processing. Global Market
    Insights, Inc., reports that food phosphate
    industry is forecast to hit a revenue of USD 2.4
    billion by 2024, registering a CAGR of 6 during
    the period of 2016-2024.
  • U.S. poultry meat sector was more than 15 million
    tons in 2015, and is expected to reach nearly 20
    million tons by 2024, driven by the growing
    consumer awareness regarding protein rich diet
    and the rising popularity of canned food, which
    in turn will contribute to the growth of food
    phosphate industry over the span of few years.

3
Continued...
  • Considering the regional landscape, Asia Pacific
    food phosphate industry is slated to record
    substantial gains of 4.5 during the period from
    2016 to 2024. Mounting preference for bakery and
    dairy items as a result of high standards of
    living along with elevated demand for healthy
    food will propel the regional growth. China,
    Japan, and India are projected to be the key
    regional revenue contributors.
  • India food phosphate market revenue in the dairy
    sector is predicted to grow at a rate of 4 over
    the coming timeframe with cheese processing
    applications contributing substantially towards
    the industry share. Sodium based food phosphate
    industry in China is anticipated to hit USD 100
    million by 2024, driven by its wide usage in
    processed as well as baked foods.
  • LATAM food phosphate industry is slated to record
    a CAGR of 3.5 over the coming seven years
    subject to the thriving meat processing sector
    along with an increase in the number of livestock
    farming activities. Brazil and Mexico are the key
    regional revenue pockets.

4
Europe Food Phosphate Market Size, By
Application, 2015 2024 ( Mn)

5

Browse Full Market Research Report On Food
Phosphate Market _at_ https//goo.gl/xEGfhp Request
for a Sample of this Research Report
_at_  https//www.gminsights.com/request-sample/detai
l/1398
6
360 Analysis
  • Application Trends
  • Food phosphate market size from dairy application
    should witness strong gains at over 3.5. It is
    prominently used in cheese processing by helping
    smooth mixing of fats, moisture, and protein in
    evaporated milk thereby producing high quality
    cheese with smooth melt, easy slicing spread
    ability and viscosity. Increasing high quality
    cheese demand from fast food industry should
    stimulate product demand.
  • Regional Trends
  • Asia Pacific, led by Japan, India and China food
    phosphate market size, should witness highest
    gains at over 4.5. Rise in demand for dairy and
    bakery products owing to rising economic
    standards along with changing preference towards
    better diets should drive regional industry
    growth.
  • Competitive Market Share
  • Most of the prominent players are engaged in
    collaborations partnerships and product
    developments in order to expand business and
    customer base. Prayon developed Fortispray
    comprising fat soluble vitamin complex and
    calcium phosphate salt. It is mainly used in
    processed cheese and drinks.


7
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