Feed Phosphates Market to reach $3.87 Billion by 2032, 4.21% CAGR

Feed Phosphates Market Size Worth $3.87 Billion By 2032 | CAGR: 4.21%


The global feed phosphates market size is expected to reach USD 3.87 billion by 2032, according to a new study by Polaris Market Research. The report “Feed Phosphates Market Share, Size, Trends, Industry Analysis Report, By Type (Dicalcium, Monocalcium, Mono-dicalcium, Defluorinated, Tricalcium); By Livestock; By Form; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Phosphorus is a crucial mineral for the growth, health, and well-being of animals since it builds bones and promotes growth. Along with other assets, it is necessary to guarantee the durability of eggshells and crustacean shells. Research activities are revealing a need for effective strategies by the government to promote livestock production. A study published in the Indian Journal of Animal Sciences researched livestock production, demand, productivity, and availability in the Nagaland state of India.

The demand for meat has significantly increased, particularly pork, because of changing lifestyles, growing urbanization, and rising affluence. A total of 50% of all animal products need to be added in the state, resulting in supply shortages in the region. Nagaland needs to implement competitive and sustainable livestock production technologies that not only boost productivity but also have a good influence on the environment and animal ethics to meet the growing demand for livestock products, which, in a way, facilitates the demand for feed phosphates in the coming years.

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Rising research activities to innovate and evaluate various chemicals with a view to stimulating livestock production are embarking on new growth opportunities for the market. A 2023 study published in PubMed Central focused on finding the digestibility of phosphorus in feed phosphates pertaining to pigs and poultry. The study suggested that if diets are designed to contain equal quantities of digestible phosphorus & calcium, it is unlikely that animal performance will be affected by the source of phosphates.

Information on the mineral quantity & digestibility values in the feed phosphates is needed when formulating diets for pigs & poultry. The ongoing studies on animal feed and phosphorus effectiveness in improving livestock health are creating awareness among individuals specializing in livestock production. This may further drive demand for feed phosphates in the coming years.

Feed Phosphates Market Report Highlights

  • Dicalcium phosphate segment is anticipated to witness the highest growth in the coming years due to the prevalence of its use in livestock feed.
  • Poultry segment accounts for the largest market share owing to its effectiveness in meeting nutritional requirements for quality eggs and meat.
  • Powder segment is projected to experience a larger revenue share due to its ease of use in livestock feed.
  • Europe is projected to register the largest growth rate in the study period owing to expanding livestock production in the region.
  • APAC is expected to have the fastest growth owing to increasing poultry production, driving the need for healthy feed.
  • The global players include AB LIFOSA, Eurochem, Fosfitalia Group, J.R. Simplot Company, Nutrien, OCP Group, PhosAgro, Phosphea, Potash Corporation, Reanjoy Laboratories, Rotem, The Mosaic Company & Yara International.

Polaris Market Research has segmented the feed phosphates market report based on type, livestock, form, and region:

Feed Phosphates, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Dicalcium phosphate
  • Monocalcium phosphate
  • Mono-dicalcium phosphate
  • Defluorinated phosphate
  • Tricalcium phosphate
  • Others

Feed Phosphates, Livestock Outlook (Revenue - USD Billion, 2019 - 2032)

  • Poultry
  • Swine
  • Ruminants
  • Aquaculture
  • Others

Feed Phosphates, Form Outlook (Revenue - USD Billion, 2019 - 2032)

  • Powder
  • Granule

Feed Phosphates, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Feed Phosphates Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 2.77 billion

Revenue forecast in 2032

USD 3.87 billion

CAGR

4.21% from 2024– 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Type, By Livestock, By Form, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

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