Food Grade Phosphoric Acid Market Research and Forecast Report 2023-2028

1. Global Food Grade Phosphoric Acid Market Research and Forecast Report 2023-2028 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Food Grade Phosphoric Acid Market Research Report 2023-2028: According to the latest report by IMARC Group, titled "Food Grade Phosphoric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global food grade phosphoric acid market size reached US$ 2.3 Billion in 2022. Food grade phosphoric acid is widely used for pH adjustment and control in various food and beverages. It is generally characterized by an odorless inorganic acid with a colorless formulation that is prepared from mineral phosphorus, which is usually safe for human consumption. Additionally, it is extensively utilized in the preparation of bakery food items, carbonated drinks and condiments. As a result, it is used as a food preservative agent that helps in preventing the growth of bacteria and molds while extending the shelf life of food items. Due to the easy product availability through offline and online organized retail channels, it is gaining widespread prominence among individuals. Request for a PDF sample of this report: https://www.imarcgroup.com/food-grade-phosphoric- acid-market/requestsample

4. Report Description and Highlights Report Description Global Food Grade Phosphoric Acid Market Trends: The global market is primarily driven by significant growth in the food and beverages industry. Moreover, the changing dietary patterns of the masses and the inflating disposable income levels are creating a positive outlook for the market. In line with this, the rising preference for convenience food items due to the busy lifestyle and hectic schedules led by working professionals is providing an impetus to the market growth. Furthermore, the increasing consumption of carbonated drinks, bottled coffee and flavored water among individuals is further propelling the market growth. Additionally, numerous leading players are heavily investing in launching frozen food products, which is considered to be a major growth-inducing factor. Furthermore, the rising utilization of food grade phosphoric acid for removing surface rust from metals and milkstone deposits is positively influencing the market growth. Other factors, including the widespread integration of automation in the production process, continuous product innovations and extensive research and development (R&D) activities conducted by key players, are further contributing to the market growth. Looking forward, IMARC Group expects the market to reach a value of US$ 3.0 Billion by 2028, exhibiting at a CAGR of 3.86% during 2023-2028. View Report TOC, Figures and Tables: https://www.imarcgroup.com/food-grade-phosphoric-acid- market

5. Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Product Type: •Food Grade 75% •Food Grade 80% •Food Grade 85% •Others Breakup by Application: •Food Preservation •Beverages Production •Metal Treatment •Sugar Refining •Others

6. Report Description and Highlights Report Description Breakup by Region: •North America •Asia Pacific •Europe •Latin America •Middle East and Africa Competitive Landscape with Key Players: •Arkema S.A •Brenntag SE •Emco Dyestuff Pvt Ltd •Grasim Industries Limited (Aditya Birla Management Corporation Ltd.) •ICL Group Ltd •Innophos Inc •Nutrien Ltd •OCP Group •Spectrum Laboratory Products Inc •The Mosaic Company •Vinipul Inorganics Private Limited

7. Key Questions Answered in the Report Report Description 1. 2. What was the size of the global food grade phosphoric acid market in 2022? What is the expected growth rate of the global food grade phosphoric acid market during 2023- 2028? What are the key factors driving the global food grade phosphoric acid market? What has been the impact of COVID-19 on the global food grade phosphoric acid market? What is the breakup of the global food grade phosphoric acid market based on the application? What are the key regions in the global food grade phosphoric acid market? Who are the key players/companies in the global food grade phosphoric acid market? 3. 4. 5. 6. 7.

8. Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Food Grade Phosphoric Acid Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast

9. Report DescriptionTable of Contents 6 Market Breakup by Product Type 6.1 Food Grade 75% 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Food Grade 80% 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Food Grade 85% 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Others 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Application 7.1 Food Preservation 7.1.1 Market Trends 7.1.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/food-grade-phosphoric-acid-market/toc

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12. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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