Monocalcium Phosphate Market

Monocalcium Phosphate Market Outlook (2023 to 2033)

The global monocalcium phosphate market is predicted to increase from a value of US$ 4.2 billion in 2023 to US$ 6.9 billion by the end of 2033, expanding at a CAGR of 5%.

A chemical compound with the molecular formula CaH4P2O8 is called monocalcium phosphate. Calcium, hydrogen, and phosphate are all present in monocalcium phosphate. It has an average hygroscopic characteristic and is available in white or grey powder which is soluble in water.

Specially made phosphoric acid and calcite materials are used to create monocalcium phosphate. It is created when interactions between natural minerals produce high-quality phosphoric acid, which must first be mined, refined, and purified. It has been demonstrated that a specific consumption of monocalcium salts or other salts of phosphate is good for the body and health of both humans and animals.

• Monocalcium phosphate is present in two forms: powdered and liquid. Depending on their use in food or other applications, the form is chosen accordingly.

One of the commonly found components in baking powder is monocalcium phosphate, which is an essential substance used in the production of bakery products. Carbon dioxide is produced when baking soda and monocalcium phosphate reacts, helping the dough to rise. Thus, powdered form monocalcium phosphate is used in the production of bakery items.

Monocalcium phosphate is also used as an additive, leavening agent, and acid component. There are two types of monocalcium phosphate leavening agents: monohydrate monocalcium phosphate and anhydrous monocalcium phosphate (AMCP). The monohydrate works quickly, albeit a little more slowly than cream of tartar.

Rapidly progressing food and beverage sector may lead to solid growth of the monocalcium phosphate market. Large-scale use of food-grade calcium phosphate in the manufacturing of bakery products could significantly accelerate the demand growth rate. Monocalcium phosphate sales are also expected to benefit from the introduction of monocalcium phosphate in feed for livestock.

Report Attributes	Details
Market Size (2023E)	US$ 4.2 Billion
Forecasted Market Value (2033F)	US$ 6.9 Billion
Global Market Growth Rate (2023 to 2033)	5% CAGR
Leading Regional Market	Asia Pacific
Key Companies Profiled	PhosAgro EuroChem OCP Group Mosaic Yara International Ecophos Quimpac SA Business Fosfitalia Phosagro CKL Africa Ltd. AG Chemi Group Intersac Arevin Pangoo International Limited Polifar Group Limited Nordfeed Foodchem International Corporation

Which Industry Dynamics are Expected to Generate Potential Opportunities for Monocalcium Phosphate Market Players?

“Growing Use in Several End-use Industries”

Sales of monocalcium/dicalcium phosphates are anticipated to rise during the forecast period due to their large use in application industries. Numerous products, including food, medical, dietary supplements, fodder, and dentifrices, use calcium phosphate.

For chemically yeasted bakery products, baking powders, self-rising flours, ready-made cake mixes, and other items, monocalcium phosphate is used as an ingredient for ‘raising’ in the food industry. Dicalcium Phosphate is a calcium and phosphorus component that can be found in various meals, drinks, and dietary supplements. It can take the place of titanium dioxide as a whitening agent and a source of acidity for leavening that is activated by heat. This ingredient is useful in nutritional beverages, vitamin premixes, and trituration.

• Apollo Health Venture, a significant producer of dicalcium phosphate, declared the opening of its venture fund in December 2021 to create a data-driven portfolio of biotechnology and health tech aimed at increasing human health span.

“Rising Prevalence of Calcium Deficiency-related Disorders”

Calcium makes up about 99 percent of the overall amount in the body, with the remaining 5 percent being found in blood, muscle, extracellular fluid, and other tissues. Due to the numerous functions that calcium and phosphorous perform in the body, including the synthesis of DNA and the development and upkeep of bones, these elements are essential for the health of the human body.

Many disorders, including osteoporosis, rickets, hypoparathyroidism, and others are brought on by a lack of calcium and other vital elements in the human body. Dicalcium phosphate-containing calcium supplements are becoming more popular as a result of people's increasing awareness of these disorders. As a result, a lot of food product producers employ dicalcium phosphate as a nutritional supplement to satisfy the dietary requirements of their customers.

“Increasing Rate of Meat Consumption Worldwide”

Animal feed is supplemented with feed phosphates such as monocalcium phosphate, dicalcium phosphate, mono-dicalcium phosphate, tricalcium phosphate, and defluorinated phosphate to increase nutrient content, improve animal reproductive performance, improve feed digestibility, and maintain animal health. They serve as the greatest calcium source for bone and skeleton formation as well as promoting growth throughout the various stages of the life cycle.

Global rise in meat consumption is the primary boosting factor for sales of monocalcium phosphate.

• In 2021, global consumption of poultry meat climbed by 76.6% per kg per capita and that of pig meat by 19.7%. The Organization for Economic Co-operation and Development (OECD) Report 2022 predicts that by 2030, poultry meat is expected to account for 41% of all the protein from meat sources, an increase of two percent from the base period.

Animals benefit from monocalcium phosphate because phosphorous and calcium are essential for bone development and healthy skeletal growth. Over the next ten years, all such advantages are expected to boost demand for monocalcium phosphate.

Which Factors are Hampering Revenue Growth of Manufacturers of Monocalcium Phosphate?

“High Cost of Phosphate Salts and Availability of Cheaper Substitutes”

Global dearth of phosphate supplies, which is a non-renewable resource, and growing raw material prices, are limiting product demand growth.

• According to the United States Geological Survey (USGS), the world's economically extractable phosphate rock stock was a total of 71 billion tonnes in 2021, compared to the 223 million tonnes of mined material produced worldwide in 2020. If there is no increase, the reserves are expected to last for 260 years only.

The high price of phosphate salts, such as dicalcium and monocalcium phosphates, has increased the adoption of cheaper replacements such as phytase, which can be used to control the overall cost of feed.

• Phytase is present in about 90% of poultry diets and roughly 70% of pig diets, according to Danisco Animal Nutrition (United Kingdom), the feed subsidiary of E. I. du Pont de Nemours and Company. The feed business has reportedly saved US$ 2 billion annually on feed intake and nutritional expenditures due to phytase, according to the same source.

Divergences in the use and consumption of feed phosphates brought on by the emergence of substitutes, such as phytase, are anticipated to hamper the growth of the market for monocalcium phosphate throughout the forecast period.

Country-wise Analysis

Why is Demand for Moncalcium Phosphate High in China and India?

“Thriving Animal Husbandry and Dairy Sectors”

Demand for meat protein is increasing in Asia Pacific, particularly in China and India, as a result of the region's rapid interest in fitness. Compound feed is becoming more significant in enhancing meat quality in addition to improving nutritional content. Thus, the developing livestock industry is boosting the demand for monocalcium phosphate.

• China's market for compound feeds is growing significantly. China saw the biggest rise in feed production by tonnage last year (2022), according to an Alltech assessment, which found that the country's feed output had climbed dramatically. With 261.42 million metric tonnes produced, China is the world's top producer of feed. The United States comes in second with 231.54 million metric tonnes, followed by Brazil with 80.09 million metric tonnes and India with 44.05 million metric tonnes in 2021.
• According to the Department of Animal Husbandry &Dairying India, last year (2022), India placed first in terms of the rate of the population of cattle and buffalo. It was the biggest producer of milk and buffalo meat, coming in second for goat meat and third for poultry, respectively. In 2021, India saw a production of around 122.04 billion chicken eggs.

Breed improvement, a small market for organic feed, and increasing dairy production are some of the factors boosting demand for monocalcium phosphate.

Why is France a Major Consumer of Phosphatic Fertilizers?

“Most Acreage for Agriculture Than Any Other Country in Western Europe”

Monocalcium phosphate is used to produce fertilizers that provide the soil with calcium and phosphorus. A crucial mineral for plants, phosphorus aids in the growth of roots, the formation of flowers, and the ripening of fruits. Plants absorb nutrients from monocalcium phosphate that they require the most to grow.

A major consumer of phosphatic fertilizers in Europe is France. All food supplies, including meat, fruit, vegetables, and cereal crops, are highly demanded throughout the country.

• French farmers mostly cultivate sugarcane beetroot, wheat, corn, barley, rice, and potatoes. Out of 500,000 farms in France, roughly 93% are middle- and large-scale projects, according to Crop Trust (France).

Demand for agricultural items such as crops, grains, pulses, etc., which require fertilizers is expected to boost sales of monocalcium phosphate during the forecast period.

Why are Producers of Bakery Products Accounting for High Demand for Monocalcium Phosphate in the United States?

“Ready-to-eat Mixes Prime Breakfast Choice for Working Population”

Monocalcium phosphate is utilized by the food industry as a raising agent for various products, including chemically yeasted bakery products, readymade cake mixes, pancake mixes, and more. Moreover, it can act as a buffer and an acidulant in dry beverage mixtures.

In the United States, pancakes are the most often consumed breakfast food and are enjoyed by people of all ages. The rising rate of the working population and their reliance on ready-to-eat breakfast is increasing demand for pancake mixes, which is further boosting sales of monocalcium phosphate.

Category-wise Analysis

What is the Primary Reason for the Increasing Use of Monocalcium Phosphate in Animal Feed?

“Growing Production of Industrial Livestock”

Significant supply-side modifications aiming at increasing animal product yields have been prompted by rising demand for livestock products. In regions such as North America, Europe, and Asia-Pacific, new capital-intensive technologies have made it possible to produce chicken and pig meat in industrial-style production facilities. This boosts the output of meat and livestock animals, which raises the demand for feed additives in these regions to feed the expanding herds of livestock.

• The global cattle population has increased significantly during the past four years, according to the Food and Agriculture Organization (FAO).

To increase production efficiency, feed conversion ratios, animal muscle mass, and protein levels, industrial-scale production of livestock makes the best use of high-quality feed. The production of feed additives such as monocalcium phosphate is increasing as more farmers are switching to industrial-scale animal husbandry.

Competitive Landscape

Some of the key players in the monocalcium phosphate market are PhosAgro, EuroChem, OCP Group, Mosaic, Yara International, and Ecophos. Mergers, acquisitions, partnerships, and regional expansion are some of the marketing tactics used by leading market players.

Leading companies in the monocalcium phosphate market are also focusing on introducing cost-effective products to earn more. Manufacturers of monocalcium phosphate are consistently concentrating on making significant investments in R&D projects to find novel formulations and low-cost manufacturing technologies.

• In February 2022, EuroChem Group successfully acquired the Brazilian phosphate project Serra do Salitre. This acquisition increased phosphate development and is expected to boost animal feed phosphate sales in the coming years.

Key Segments of Monocalcium Phosphate Industry Research

• By Form :

  • Powder
  • Liquid

• By Application :

  • Fertilizers
  • Food Production
  • Beverages
  • Animal Feed

• By Functional Use :

  • Additives
  • Leavening Agents
  • Acid Components

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA