Latest News- Dicalcium Phosphate Market: Agriculture is expected to lead the Application segment during 2025-2029

The Dicalcium Phosphate Market is being driven by Increasing focus on animal health to prevent disease outbreaks

The Dicalcium Phosphate Market is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 379.6 million. In the forecasted year of 2024, the global dicalcium phosphate market will experience significant growth due to the expanding livestock and poultry sectors. This expansion is driven by the increasing global demand for meat, dairy, and eggs, leading livestock farmers to scale up their operations to meet consumer preferences for protein-rich diets. Dicalcium phosphate, a vital ingredient in animal feed formulations, is essential due to its high bioavailability of calcium and phosphorus, crucial minerals for bone development, fertility, and overall animal health. Its role in enhancing feed efficiency and supporting early-stage growth in poultry and swine makes it indispensable in modern animal husbandry. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Agriculture
  • Animal feed
  • Food and beverages
  • Pharmaceuticals
  • Others
• Product Type
  • Feed grade
  • Fertilizer grade
  • Food grade
  • Pharmaceutical grade
  • Others
• Distribution Channel
  • Supermarkets or hypermarkets
  • Specialty stores
  • Online stores
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing focus on animal health to prevent disease outbreaks
• High demand for feed additives
• Increasing demand for dairy products

However, the market also witnesses some limitations, which are as follows:

• Stringent regulations and policies
• Toxicity of feed phosphates
• High costs associated with feed phosphates

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Market Scope in Dicalcium Phosphate Market Research Report

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Research Analysis Overview

The Dicalcium Phosphate market encompasses various phosphate compounds, including phosphate esters and organic phosphates, as well as inorganic phosphates and calcium salts. These phosphorus-containing substances offer significant nutritional value, contributing to bone formation and resorption, acid-base balance, and ph control. They play crucial roles in enzyme activity, cellular signaling, DNA replication, RNA synthesis, protein synthesis, cell growth, and cell differentiation. In addition, they serve as anti-caking agents, improve color retention, enhance shelf life, and contribute to food preservation. The safety profile, potential adverse effects, drug interactions, and clinical trials are essential considerations. Furthermore, environmental impact and waste management are increasingly important factors in the Dicalcium Phosphate market.

Market Research Overview

The global commodity chemicals market encompasses businesses specializing in the production of industrial and fundamental chemicals, such as plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. Notably, this sector excludes chemical manufacturers producing diversified chemicals, fertilizers and agricultural chemicals, industrial gases, and specialty chemicals. According to Technavio's market analysis, the growth of the global commodity chemicals market is influenced by several key factors. Primarily, the escalating demand for plastic packaging is a significant driver. Plastic, being the most widely used material in the packaging industry, has witnessed increasing demand for lightweight, corrosion-resistant alternatives. This trend has instigated continuous innovation in the market, ultimately impacting the application of chemicals in the production of plastic packaging materials.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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