What is Global Calcium Phosphate Feed Market?
The Global Calcium Phosphate Feed Market is a vast and dynamic sector that plays a crucial role in the animal feed industry. Calcium phosphate is a mineral supplement that is commonly added to animal feed. It is a primary source of calcium and phosphorus, two essential nutrients for animal health. The market for this product is global, with demand stemming from various regions around the world. The market's value was estimated at US$ 8789 million in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 2.7% from 2023 to 2029, reaching a value of US$ 10610 million.
Monocalcium Phosphate (MCP), Dicalcium Phosphate (DCP), Mono-Dicalcium Phosphate (MDCP), Tricalcium Phosphate (TCP) in the Global Calcium Phosphate Feed Market:
The Global Calcium Phosphate Feed Market is segmented based on the type of calcium phosphate used. These include Monocalcium Phosphate (MCP), Dicalcium Phosphate (DCP), Mono-Dicalcium Phosphate (MDCP), and Tricalcium Phosphate (TCP). MCP is the most widely used type, accounting for about 55% of the market. Each type has its unique properties and uses. For instance, MCP is highly soluble in water and is therefore easily absorbed by animals. On the other hand, DCP is less soluble but is a more concentrated source of calcium. MDCP is a blend of MCP and DCP, offering a balance of solubility and concentration. Lastly, TCP is the least soluble but is the most economical source of dietary calcium.
Aquaculture, Poultry, Swine, Ruminants, Others in the Global Calcium Phosphate Feed Market:
The Global Calcium Phosphate Feed Market finds its applications in various sectors of the animal feed industry. These include aquaculture, poultry, swine, ruminants, and others. The most significant application is in aquaculture, which accounts for over 38% of the market. Calcium phosphate is used in fish feed to promote bone development and overall health. In poultry, it is used to enhance eggshell quality and bone strength. In swine and ruminant feed, it aids in skeletal development and milk production. Other applications include pet food and wildlife conservation.
Global Calcium Phosphate Feed Market Outlook:
The Global Calcium Phosphate Feed Market is dominated by a few key players, including OCP Group, PhosAgro, Mosaic, Phosphea, and J.R. Simplot. These companies collectively account for about 30% of the market. China is the largest producer of calcium phosphate feed, contributing over 40% to the global production. The market is characterized by intense competition, with companies constantly striving to improve their products and expand their market share. Despite the competition, the market is expected to grow steadily, driven by increasing demand for high-quality animal feed.
| Report Metric | Details |
| Report Name | Calcium Phosphate Feed Market |
| Accounted market size in 2023 | US$ 9046.5 million |
| Forecasted market size in 2029 | US$ 10610 million |
| CAGR | 2.7 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | OCP Group, PhosAgro, Mosaic, Phosphea, J.R. Simplot, Quimpac S.A., EuroChem, Yunnan Phosphate Group, Chuan Jin Nuo Chemical, Guizhou Chanhen Chemical, Rotem Turkey, Nutrien, Fosfitalia, Sinochem Yunlong, Sunward Chemicals, Yara, Tianbao Animal Nutrition Technonogy, Sanjia Corporation |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
