Phosphates are usually used as compounds of phosphate ions in combination with one or more common elements, such as sodium, calcium, potassium, and aluminum. Phosphate products are a significant part of everyday living. The global phosphate market market is projected to rise by USD 3 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 2.3 percent during the forecast period.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global phosphate market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the phosphate industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for phosphate can be segmented by product: calcium phosphate, diammonium phosphate (DAP), monoammonium phosphate (MAP), others. The DAP segment held the largest share of the global phosphate market in 2021 and is anticipated to hold its share during the forecast period. Phosphate market is further segmented by application: animal feed, fertilizers, food and beverages, others. Globally, the fertilizers segment made up the largest share of the phosphate market. Based on region, the phosphate market is segmented into: Asia Pacific, Europe, North America, MEA (Middle East and Africa), Latin America. Asia Pacific was the largest contributor to the global phosphate market in 2021.

By product:
– calcium phosphate
– diammonium phosphate (DAP)
– monoammonium phosphate (MAP)
– others

By application:
– animal feed
– fertilizers
– food and beverages
– others

By region:
– Asia Pacific
– Europe
– North America
– MEA (Middle East and Africa)
– Latin America

The global phosphate market report offers detailed information on several market vendors, including Aguia Resources Ltd., EuroChem Group AG, Fertoz Limited, ICL Group Ltd., Innophos Holdings, Inc., Itafos Inc., Maaden phosphate Co., OCP Group, PhosAgro AG, The J.R. Simplot Company, The Mosaic Company, among others.
*REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES

Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global phosphate market.
– To classify and forecast the global phosphate market based on product, application, region.
– To identify drivers and challenges for the global phosphate market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global phosphate market.
– To identify and analyze the profile of leading players operating in the global phosphate market.

Why Choose This Report
– Gain a reliable outlook of the global phosphate market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.