Dicalcium Phosphate Market Size, Global Status

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Dicalcium Phosphate Market Size, Global Status

Dicalcium nsi-189 phosphate powder is a white, odorless powder with chemical formula CaHPO4. It is also known as calcium monohydrogen phosphate or dibasic calcium phosphate. It is one of the mineral phosphorous sources which is commonly used in organic diets. It is commonly produced by reacting superphosphate with an alkaline agent. The limiting agent combined with superphosphate and a chemical reaction occurs to produce Dicalcium Phosphate. Dicalcium Phosphate is commonly used as dough modifier, nutritional supplement, emulsifier, leavening agent, and stabilizer in cake, pastry, flour, and baked goods. Moreover, it is used in milk products, ice cream, biscuits, and drinks as a nutrient supplement. It is widely used in numerous application such as fertilizer, animal feed, pharmaceuticals, cosmetics, food & beverages, and others.

Some of the prominent factors that positively influence the growth of the Dicalcium Phosphate Market are rising per capita disposable income, rapid urbanization, and continuous growth of pharmaceutical sector. Furthermore, growing use of pharmaceuticals has led to an increase in the demand for Dicalcium Phosphate Globally. Moreover, continuous growth of fertilizer sector along with rise in demand from small to medium level goat & poultry business is predicted to fuel the market growth. Growing demand from agriculture coupled with rising demand of high quality crop production is also anticipated to fuel the market growth. However, high cost associated with the raw material as well as increasing demand for alternative fertilizer is estimated to hamper the growth of the market.
The major players operating in the Dicalcium Phosphate Market are Kemapco Arab Fertilizers & Chemicals Industries LTD (Jordan), ICL (Israel), CaP Biomaterials, LLC (U.S.), Merck KGaA (Germany), Hindustan Phosphates Pvt. Ltd. (India), AARTI INDUSTRIES LIMITED (India), Gujarat Narmada Valley Fertilizers & Chemicals Ltd (India), Mitushi Biopharma.(India), Bamni Proteins Limited (India), and Guizhou Zerophos Chemical Co., Ltd. (India) among others.