PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1351050
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1351050
Feed Phosphates Market Forecasts to 2030 - Global Analysis By Type (Defluorinated Phosphate, Dicalcium Phosphate, Monocalcium Phosphate & Other Types), Livestock (Aquaculture, Poultry & Other Livestocks), Form (Powder & Granule), & By Geography
According to Stratistics MRC, the Global Feed Phosphates Market is accounted for $2.6 billion in 2023 and is expected to reach $3.90 billion by 2030 growing at a CAGR of 6.0% during the forecast period. Practically all living things need phosphorus, a micronutrient, for healthy growth and development over an acceptable period of time. Animal feed contains phosphates, which are used to supply phosphorus to animals. In order to ensure that an animal's food contains enough phosphorus to support optimum growth, performance, fertility, and bone development, feed phosphates, which are inorganic salts of phosphoric acid, are utilized. Phosphates are frequently used in animal feed because they increase egg laying capability and prevent illness which enhances the market growth.
According to the Organisation for Economic Co-operation and Development (OECD) report 2022, poultry meat is expected to represent 41% of all the protein from meat sources in 2030, an increase of 2 percentage points when compared to the base period.
Market Dynamics:
Driver:
Increasing the production of industrial livestock
Significant supply-side adjustments aimed at raising animal product yields have been prompted by the rising demand for livestock goods. Regional production of chicken and pig meat in industrial-style facilities is now feasible thanks to new capital-intensive technology. Recent years have seen an increase in the meat production sector, particularly in industrialized nations with lower land utilization, such the United States and Europe. This element increases the output of meat and cattle, which in turn accelerates the need for feed additives to feed the expanding animal populations in these nations. The best use of high-quality feed is made in industrial livestock production to increase animal muscle mass and protein content, boost feed conversion ratios, and increase production efficiency thus propelling the growth of the market.
Restraint:
Growing inclination towards cheaper alternatives
In the meat production industry, adding enzymes to animal feed to optimize feed utilization has become common practice. This has resulted in the widespread usage of phytase in animal feed in place of phosphate. The National Center for Biotechnology Information notes that phytate's antinutritional activity may have an impact on an animal's ability to digest other nutrients and its overall performance. The feed phosphate industry players are also concentrated on reducing production costs through the introduction of new, reasonably priced animal feed phosphate products and the use of innovative manufacturing techniques.
Opportunity:
Technological, new raw material and production process innovation
Technological developments have the potential to completely transform the feed phosphates market. New methods of extraction, methods of refining, and systems of quality control can maximize production effectiveness, cut expenses, and improve feed phosphate quality overall. Innovative technologies that raise manufacturing yields, promote uniformity, and streamline operations include nanotechnology, microencapsulation, automation, and sophisticated analytics. In addition, adherence to strict quality, safety, and sustainability norms is essential for market entry and gaining the trust of consumers. Through the implementation of cutting-edge procedures and materials that conform to legal requirements, producers of feed phosphate are eager to set themselves apart from competitors.
Threat:
Feed phosphate toxicity
Phosphorus, a mineral necessary for animal growth and metabolism, is concentrated in feed phosphates. The delicate mineral balance in an animal's body, especially the calcium-phosphorus ratio, might be upset by excessive phosphorus consumption. An unbalanced ratio can cause skeletal deformities, mineral shortages, or poor bone formation, among other health problems. Reactive oxygen species (ROS) are produced by phosphorus metabolism and can cause oxidative damage to cells and tissues if the animal's antioxidant defenses are unable to control them. Extended periods of oxidative stress lead to decreased immunological response, increased susceptibility to infections, and inflammation. The possible toxicity of feed phosphates is further influenced by the interactions they have with other nutrients in animal diets. This leads to inadequate levels of feed phosphates in the diet, but also poor animal health due to phosphorus insufficiency thus impeding the market growth during the forecast period.
COVID-19 Impact:
One of the most important aspects of the feed phosphate market's value chain is the delivery of raw materials, where vendors and important players are having difficulties as a result of inadequate logistics, traffic management, and limitations on public transportation in the impacted nations across the world, which caused supply interruptions. Trade restrictions put in place by a number of nations to stop the COVID-19 epidemic have had a severe impact on global logistics and shipping, which in turn has hurt the feed phosphate market.
The defluorinated phosphate segment is expected to be the largest during the forecast period
The defluorinated phosphate segment is estimated to have a lucrative growth, due to originaion from heated rock phosphates that have had the fluorine removed. Less than one component fluorine to every 100 parts of phosphorus is required. Defluorinated Phosphate's excellent solubility and ideal phosphorus concentration provide more options when formulating diets. The method of manufacture employed makes the finished product more palatable, which raises the rate of nutritional absorption. It is important to note that anhydrous dicalcium phosphates have the lowest feeding value, whereas defluorinated phosphate, which is produced from DCP using HCl, has a very high digestibility due to its purity.
The powder segment is expected to have the highest CAGR during the forecast period
The powder segment is anticipated to witness the highest CAGR growth during the forecast period, as it is possible to create uniform feed compositions with the use of powdered feed phosphates. In order to ensure that every animal in the herd or flock receives the same amounts of critical minerals, which supports the consistent and steady development of animals, uniformity is essential. In feed mills, using powdered feed phosphates increases efficiency. The uniform distribution and simplicity of mixing eliminate manufacturing losses and cut processing times, which helps feed producers save money.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the Therefore, an increase in domestic consumption of protein-based products in Asian countries, various promotional initiatives by the industries, and the decline of the African swine fever (ASF) in various nations are some of the essential factors expected to boost the growth of the market studied in the coming years. Therefore, some of the key elements anticipated to fuel the growth of the market under study in the upcoming years include an increase in the domestic consumption of protein-based products in Asian countries, a number of industry promotional initiatives, and the decline in African swine fever (ASF) in various nations.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to the EU's policies which encourage animal producers to use nutrient-rich feed additives and balance their production's environmental impact, along with the region's prevalence of different livestock producers, have made Europe the market leader for poultry feed phosphates. Meanwhile, South America is expected to grow during the forecast period of 2021-2028 due to the region's expanding livestock industry and rising use of compound feed.
Key players in the market:
Some of the key players profiled in the Feed Phosphates Market include: Nutrien Ltd, OCP, Rotem, Eurochem Group, Fosfitalia Group, J. R. Simplot Company, Mosiac, Phosagro, Phosphea, YARA International ASA, Timab Industries, Simphos, Potash Corporation, Reanjoy Laboratories, AB LIFOSA, Sichuan Chuan Heng Chemical Co. Ltd. and Potash Corporation of Saskatchewan Inc.
Key Developments:
In April 2022, PHOSPHEA announced the launch of HumIPHORA, a breakthrough innovation in the phosphate world. This calcium humophosphate is listed in the European Animal Feed Register (008979-EN). For the first time on the market, Phosphea offered a phosphate that provides high-quality phosphorus and contributes to better use of other nutrients, more specifically, plant-based phosphoru
In February 2022, EuroChem Group completed the acquisition of the Serra do Salitre phosphate project in Brazil. This acquisition led to the increased development of phosphates, and it may increase the sales of animal feed phosphate in the coming years.
Types Covered:
- Defluorinated Phosphate
- Dicalcium Phosphate
- Monocalcium Phosphate
- Mono-Dicalcium Phosphate
- Tricalcium Phosphate
- Other Types
Livestocks Covered:
- Aquaculture
- Poultry
- Ruminants
- Swine
- Other Livestocks
Forms Covered:
- Powder
- Granule
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Emerging Markets
- 3.7 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Feed Phosphates Market, By Type
- 5.1 Introduction
- 5.2 Defluorinated Phosphate
- 5.3 Dicalcium Phosphate
- 5.4 Monocalcium Phosphate
- 5.5 Mono-Dicalcium Phosphate
- 5.6 Tricalcium Phosphate
- 5.7 Other Types
6 Global Feed Phosphates Market, By Livestock
- 6.1 Introduction
- 6.2 Aquaculture
- 6.3 Poultry
- 6.4 Ruminants
- 6.5 Swine
- 6.6 Other Livestocks
7 Global Feed Phosphates Market, By Form
- 7.1 Introduction
- 7.2 Powder
- 7.3 Granule
8 Global Feed Phosphates Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Nutrien Ltd
- 10.2 OCP
- 10.3 Rotem
- 10.4 Eurochem Group
- 10.5 Fosfitalia Group
- 10.6 J. R. Simplot Company
- 10.7 Mosiac
- 10.8 Phosagro
- 10.9 Phosphea
- 10.10 YARA International ASA
- 10.11 Timab Industries
- 10.12 Simphos
- 10.13 Potash Corporation
- 10.14 Reanjoy Laboratories
- 10.15 AB LIFOSA
- 10.16 Sichuan Chuan Heng Chemical Co. Ltd.
- 10.17 Potash Corporation of Saskatchewan Inc.
List of Tables
- Table 1 Global Feed Phosphates Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Feed Phosphates Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Feed Phosphates Market Outlook, By Defluorinated Phosphate (2021-2030) ($MN)
- Table 4 Global Feed Phosphates Market Outlook, By Dicalcium Phosphate (2021-2030) ($MN)
- Table 5 Global Feed Phosphates Market Outlook, By Monocalcium Phosphate (2021-2030) ($MN)
- Table 6 Global Feed Phosphates Market Outlook, By Mono-Dicalcium Phosphate (2021-2030) ($MN)
- Table 7 Global Feed Phosphates Market Outlook, By Tricalcium Phosphate (2021-2030) ($MN)
- Table 8 Global Feed Phosphates Market Outlook, By Other Types (2021-2030) ($MN)
- Table 9 Global Feed Phosphates Market Outlook, By Livestock (2021-2030) ($MN)
- Table 10 Global Feed Phosphates Market Outlook, By Aquaculture (2021-2030) ($MN)
- Table 11 Global Feed Phosphates Market Outlook, By Poultry (2021-2030) ($MN)
- Table 12 Global Feed Phosphates Market Outlook, By Ruminants (2021-2030) ($MN)
- Table 13 Global Feed Phosphates Market Outlook, By Swine (2021-2030) ($MN)
- Table 14 Global Feed Phosphates Market Outlook, By Other Livestocks (2021-2030) ($MN)
- Table 15 Global Feed Phosphates Market Outlook, By Form (2021-2030) ($MN)
- Table 16 Global Feed Phosphates Market Outlook, By Powder (2021-2030) ($MN)
- Table 17 Global Feed Phosphates Market Outlook, By Granule (2021-2030) ($MN)
- Table 18 North America Feed Phosphates Market Outlook, By Country (2021-2030) ($MN)
- Table 19 North America Feed Phosphates Market Outlook, By Type (2021-2030) ($MN)
- Table 30 North America Feed Phosphates Market Outlook, By Swine (2021-2030) ($MN)
- Table 31 North America Feed Phosphates Market Outlook, By Other Livestocks (2021-2030) ($MN)
- Table 32 North America Feed Phosphates Market Outlook, By Form (2021-2030) ($MN)
- Table 33 North America Feed Phosphates Market Outlook, By Powder (2021-2030) ($MN)
- Table 24 North America Feed Phosphates Market Outlook, By Tricalcium Phosphate (2021-2030) ($MN)
- Table 25 North America Feed Phosphates Market Outlook, By Other Types (2021-2030) ($MN)
- Table 26 North America Feed Phosphates Market Outlook, By Livestock (2021-2030) ($MN)
- Table 27 North America Feed Phosphates Market Outlook, By Aquaculture (2021-2030) ($MN)
- Table 38 Europe Feed Phosphates Market Outlook, By Dicalcium Phosphate (2021-2030) ($MN)
- Table 39 Europe Feed Phosphates Market Outlook, By Monocalcium Phosphate (2021-2030) ($MN)
- Table 40 Europe Feed Phosphates Market Outlook, By Mono-Dicalcium Phosphate (2021-2030) ($MN)
- Table 41 Europe Feed Phosphates Market Outlook, By Tricalcium Phosphate (2021-2030) ($MN)
- Table 32 North America Feed Phosphates Market Outlook, By Form (2021-2030) ($MN)
- Table 33 North America Feed Phosphates Market Outlook, By Powder (2021-2030) ($MN)
- Table 34 North America Feed Phosphates Market Outlook, By Granule (2021-2030) ($MN)
- Table 35 Europe Feed Phosphates Market Outlook, By Country (2021-2030) ($MN)
- Table 46 Europe Feed Phosphates Market Outlook, By Ruminants (2021-2030) ($MN)
- Table 37 Europe Feed Phosphates Market Outlook, By Defluorinated Phosphate (2021-2030) ($MN)
- Table 38 Europe Feed Phosphates Market Outlook, By Dicalcium Phosphate (2021-2030) ($MN)
- Table 39 Europe Feed Phosphates Market Outlook, By Monocalcium Phosphate (2021-2030) ($MN)
- Table 40 Europe Feed Phosphates Market Outlook, By Mono-Dicalcium Phosphate (2021-2030) ($MN)
- Table 41 Europe Feed Phosphates Market Outlook, By Tricalcium Phosphate (2021-2030) ($MN)
- Table 42 Europe Feed Phosphates Market Outlook, By Other Types (2021-2030) ($MN)
- Table 43 Europe Feed Phosphates Market Outlook, By Livestock (2021-2030) ($MN)
- Table 44 Europe Feed Phosphates Market Outlook, By Aquaculture (2021-2030) ($MN)
- Table 45 Europe Feed Phosphates Market Outlook, By Poultry (2021-2030) ($MN)
- Table 46 Europe Feed Phosphates Market Outlook, By Ruminants (2021-2030) ($MN)
- Table 47 Europe Feed Phosphates Market Outlook, By Swine (2021-2030) ($MN)
- Table 48 Europe Feed Phosphates Market Outlook, By Other Livestocks (2021-2030) ($MN)
- Table 49 Europe Feed Phosphates Market Outlook, By Form (2021-2030) ($MN)
- Table 50 Europe Feed Phosphates Market Outlook, By Powder (2021-2030) ($MN)
- Table 51 Europe Feed Phosphates Market Outlook, By Granule (2021-2030) ($MN)
- Table 52 Asia Pacific Feed Phosphates Market Outlook, By Country (2021-2030) ($MN)
- Table 53 Asia Pacific Feed Phosphates Market Outlook, By Type (2021-2030) ($MN)
- Table 54 Asia Pacific Feed Phosphates Market Outlook, By Defluorinated Phosphate (2021-2030) ($MN)
- Table 55 Asia Pacific Feed Phosphates Market Outlook, By Dicalcium Phosphate (2021-2030) ($MN)
- Table 56 Asia Pacific Feed Phosphates Market Outlook, By Monocalcium Phosphate (2021-2030) ($MN)
- Table 57 Asia Pacific Feed Phosphates Market Outlook, By Mono-Dicalcium Phosphate (2021-2030) ($MN)
- Table 58 Asia Pacific Feed Phosphates Market Outlook, By Tricalcium Phosphate (2021-2030) ($MN)
- Table 59 Asia Pacific Feed Phosphates Market Outlook, By Other Types (2021-2030) ($MN)
- Table 60 Asia Pacific Feed Phosphates Market Outlook, By Livestock (2021-2030) ($MN)
- Table 61 Asia Pacific Feed Phosphates Market Outlook, By Aquaculture (2021-2030) ($MN)
- Table 62 Asia Pacific Feed Phosphates Market Outlook, By Poultry (2021-2030) ($MN)
- Table 63 Asia Pacific Feed Phosphates Market Outlook, By Ruminants (2021-2030) ($MN)
- Table 64 Asia Pacific Feed Phosphates Market Outlook, By Swine (2021-2030) ($MN)
- Table 65 Asia Pacific Feed Phosphates Market Outlook, By Other Livestocks (2021-2030) ($MN)
- Table 66 Asia Pacific Feed Phosphates Market Outlook, By Form (2021-2030) ($MN)
- Table 67 Asia Pacific Feed Phosphates Market Outlook, By Powder (2021-2030) ($MN)
- Table 68 Asia Pacific Feed Phosphates Market Outlook, By Granule (2021-2030) ($MN)
- Table 69 South America Feed Phosphates Market Outlook, By Country (2021-2030) ($MN)
- Table 70 South America Feed Phosphates Market Outlook, By Type (2021-2030) ($MN)
- Table 71 South America Feed Phosphates Market Outlook, By Defluorinated Phosphate (2021-2030) ($MN)
- Table 72 South America Feed Phosphates Market Outlook, By Dicalcium Phosphate (2021-2030) ($MN)
- Table 73 South America Feed Phosphates Market Outlook, By Monocalcium Phosphate (2021-2030) ($MN)
- Table 74 South America Feed Phosphates Market Outlook, By Mono-Dicalcium Phosphate (2021-2030) ($MN)
- Table 75 South America Feed Phosphates Market Outlook, By Tricalcium Phosphate (2021-2030) ($MN)
- Table 76 South America Feed Phosphates Market Outlook, By Other Types (2021-2030) ($MN)
- Table 77 South America Feed Phosphates Market Outlook, By Livestock (2021-2030) ($MN)
- Table 78 South America Feed Phosphates Market Outlook, By Aquaculture (2021-2030) ($MN)
- Table 79 South America Feed Phosphates Market Outlook, By Poultry (2021-2030) ($MN)
- Table 80 South America Feed Phosphates Market Outlook, By Ruminants (2021-2030) ($MN)
- Table 81 South America Feed Phosphates Market Outlook, By Swine (2021-2030) ($MN)
- Table 82 South America Feed Phosphates Market Outlook, By Other Livestocks (2021-2030) ($MN)
- Table 83 South America Feed Phosphates Market Outlook, By Form (2021-2030) ($MN)
- Table 84 South America Feed Phosphates Market Outlook, By Powder (2021-2030) ($MN)
- Table 85 South America Feed Phosphates Market Outlook, By Granule (2021-2030) ($MN)
- Table 86 Middle East & Africa Feed Phosphates Market Outlook, By Country (2021-2030) ($MN)
- Table 87 Middle East & Africa Feed Phosphates Market Outlook, By Type (2021-2030) ($MN)
- Table 88 Middle East & Africa Feed Phosphates Market Outlook, By Defluorinated Phosphate (2021-2030) ($MN)
- Table 89 Middle East & Africa Feed Phosphates Market Outlook, By Dicalcium Phosphate (2021-2030) ($MN)
- Table 90 Middle East & Africa Feed Phosphates Market Outlook, By Monocalcium Phosphate (2021-2030) ($MN)
- Table 91 Middle East & Africa Feed Phosphates Market Outlook, By Mono-Dicalcium Phosphate (2021-2030) ($MN)
- Table 92 Middle East & Africa Feed Phosphates Market Outlook, By Tricalcium Phosphate (2021-2030) ($MN)
- Table 93 Middle East & Africa Feed Phosphates Market Outlook, By Other Types (2021-2030) ($MN)
- Table 94 Middle East & Africa Feed Phosphates Market Outlook, By Livestock (2021-2030) ($MN)
- Table 95 Middle East & Africa Feed Phosphates Market Outlook, By Aquaculture (2021-2030) ($MN)
- Table 96 Middle East & Africa Feed Phosphates Market Outlook, By Poultry (2021-2030) ($MN)
- Table 97 Middle East & Africa Feed Phosphates Market Outlook, By Ruminants (2021-2030) ($MN)
- Table 98 Middle East & Africa Feed Phosphates Market Outlook, By Swine (2021-2030) ($MN)
- Table 99 Middle East & Africa Feed Phosphates Market Outlook, By Other Livestocks (2021-2030) ($MN)
- Table 100 Middle East & Africa Feed Phosphates Market Outlook, By Form (2021-2030) ($MN)
- Table 101 Middle East & Africa Feed Phosphates Market Outlook, By Powder (2021-2030) ($MN)
- Table 102 Middle East & Africa Feed Phosphates Market Outlook, By Granule (2021-2030) ($MN)
