Phosphates are vital nutrients that must be added in the diets of livestock animals. Feed phosphates ensure optimal growth, improve intestinal immunity and functionality, improve fertility, and aid bone development. They enhance the quality of meat and meat products and ease the process of digestion in animals. Phosphates play a vital role in ensuring physical well-being of animals and enhance their economic performance. Therefore, feed phosphates are essential for maintaining the health and wellbeing of livestock animals.
MARKET DYNAMICS
Rising consumption of meat and dairy products across the globe owing to rising importance of protein rich diet is the key factor driving the growth of feed phosphate market. Additionally, benefits of including feed phosphates such as monocalcium phosphate, dicalcium phosphate, tricalcium phosphate, and others in the diet of livestock animals leading to high quality meat and dairy products is the key factor expected to fuel the product demand over the forecast period. However, high product cost and availability of substitute products is anticipated to hinder the market growth in the forthcoming years.
MARKET SCOPE
The "Global Feed Phosphates Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the feed phosphates market with detailed market segmentation by type, form, and livestock. The global feed phosphates market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed phosphates market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed phosphates market is segmented into type, form, and livestock. By type, the feed phosphates market is bifurcated into monocalcium phosphate, dicalcium phosphate, tricalcium phosphate, defluorinated phosphate, and others. By form, the feed phosphates market is bifurcated into powder and granules. By livestock, the feed phosphates market is bifurcated into poultry, swine, ruminants, aquaculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global feed phosphates market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The feed phosphates market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feed phosphates market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the feed phosphates market in these regions.
MARKET PLAYERS
The report covers vital developments in the feed phosphates market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the feed phosphates market are anticipated to lucrative growth opportunities in the future with the rising demand for feed phosphates in the global market. Below mentioned is the list of few companies engaged in the feed phosphates market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed phosphates market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Eurochem Group
- PhosAgro
- The Mosaic Company
- Ecophos S.A.
- J.R. Simplot Company
- Sichuan Chuan Heng Chemical Co. Ltd.
- Potash Corporation of Saskatchewan Inc.
- Timab Industries
- Wengfu Group
- OCP Group
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