Global Anhydrous Dibasic Calcium Phosphate Market to Surpass US$ 254.7 Million by 2027, Says Coherent Market Insights (CMI)

SEATTLE--(BUSINESS WIRE)--According to Coherent Market Insights, the Global Anhydrous Dibasic Calcium Phosphate Market is estimated to be valued at US$ 171.9 million in 2020 and is projected to register a CAGR of 5.7% during the forecast period (2020-2027).

Key Trends and Analysis:

The global anhydrous dibasic calcium phosphate market is expected to witness significant growth during the forecast period owing to ongoing research & development and acquisitions by key players. For instance, in January 2018, a phosphate fertilizer production company, Vale Fertilizantes, was acquired by the Mosaic Company to develop its production capacity and expand its presence in Brazil. The company aims to expand its phosphate fertilizer production. Mosaic's capacity for phosphate fertilizer production worldwide is now 16.8 million tons following the acquisition.

In November 2018, EuroChem Group and Aphea.Bio entered a collaborative agreement for R&D of next-gen fertilizer technologies. This collaboration is helping the companies to strengthen their market positions.

Drivers and Restraints of the Global Anhydrous Dibasic Calcium Phosphate Market:

The rising health awareness coupled with the growing consumption of dietary supplements are the major factors driving the growth of global anhydrous dibasic calcium phosphate market. However, high costs related to final products and strict regulations on the use dibasic calcium phosphate are expected to hamper the market growth.

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Key Market Takeaways:

The global anhydrous dibasic calcium phosphate market is expected to register a CAGR of 5.7% during the forecast period (2020-2027) owing to the health benefits associated with phosphorous. For instance, phosphorous is extensively used in various end-use industries such as pharmaceuticals, animal feed, and others. Phosphorous is also used in toothpaste, poultry feed, and tablets for medicinal formulations.

North America market for anhydrous dibasic calcium phosphate is estimated to account for the maximum market share during the forecast period owing to improving product qualities and evolving regulations. For instance, in January 2019, the Mosaic Company acquired the final permit of the U.S. Army Corps of Engineers for a mining project in Florida called Ona Phosphate.

Key players operating in the global anhydrous dibasic calcium phosphate market are—

Kemapco Arab Fertilizers & Chemicals Industries LTD, CAP Biomaterials, LLC, Merck KGaA, Hindustan Phosphates Pvt. Ltd., AARTI INDUSTRIES LIMITED, Guizhou Zerophos Chemical Co., Ltd. Bamni Proteins Limited, Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Innophos, Phosphea, Mitushi Biopharma, Sudeep Pharma Pvt. Ltd., and Ecophos Group.

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Market Segmentation:

• Global Anhydrous Dibasic Calcium Phosphate Market, By Source:
  • Hydrochloric Acid
  • Phosphoric Acid
• Global Anhydrous Dibasic Calcium Phosphate Market, By End-Use:
  • Animal Feed
  • Food & Beverage
  • Agriculture
  • Pharmaceutical
  • Others
• Global Anhydrous dibasic calcium phosphate Market, By Region:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • Spain
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Australia
    • India
    • China
    • Japan
    • ASEAN
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • Central Africa
    • North Africa

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.