Global Tri-calcium Phosphate Market: Industry Analysis and Forecast (2020-2026)
Global Tri-calcium Phosphate Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 5.7% through 2020 to 2026, reaching nearly US$ XX Mn in the forecast period.
The global Tri-calcium Phosphate Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Tri-calcium Phosphate Market report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Tri-calcium Phosphate Market Overview:
Tri-calcium Phosphate is a white crystalline powder. Also known as tribasic calcium phosphate and bone phosphate of lime. Chemically tri-calcium phosphate is a calcium salt of phosphoric acid. It is mainly employed for increasing calcium content in food. Tri-calcium phosphate has the ability to absorb 10% of its weight in moisture. Tri-calcium phosphate is employed in various industries like toothpaste, baby powders, water filtration, ceramic coating, nutritional supplement, bone grafting material, and as a food additive in the food industry.
Global Tri-calcium Phosphate Market Dynamics:
The demand for tri-calcium phosphate is rising due to increasing awareness among end-users, growing disposable income, demand for nutritional supplements product, and a healthy lifestyle. The above-mentioned factors drive the global tri-calcium phosphate market.
Tri-calcium phosphate also has some cons that act as a restraining factor to the tri-calcium phosphate market such as high consumption of tri-calcium phosphate can lead to hypercalcemia and high calcium level in the body gives rise to constipation, nausea, increased urination, thirst, and decreased appetite. Hence, the consumption of tri-calcium phosphate in a certain amount is a must to maintain. The above-mentioned factors act as restrain to the tri-calcium phosphate market
Tri-calcium phosphate is also used in the treatment of calcium deficiency. As calcium is a building block of the human body and acts as an essential element for bone growth and strong teeth. Moreover, Deficiency of tri-calcium phosphate can also lead to muscle cramps and spasms, tingling in hands and feet, memory difficulty, brittle nails, and bone. An easily available source of calcium from dairy products, nuts, and seeds, leafy vegetables acts as a driving source for the tri-calcium phosphate market.
Medical Industry is motivating the tri-calcium phosphate market and creating huge opportunities for the new entrants to enter the market due to the widespread health benefits of tri-calcium phosphate in the pharmaceutical industry as well as medical transplants in the human body like bone fractures and tissue replacements and deficiencies.
Global Tri-calcium Phosphate Market Segment Analysis:
By Product Type, the segment is divided into Food Grade, Feed Grade, Pharmaceutical Grade, Industrial Grade. As the food and beverage industry is growing at a high pace in the market the level and acceptance of food additives and preservatives increases. Tri-calcium phosphate is majorly used as anti-caking agents to prevents the cake base by lump formation in food products. Tri-calcium phosphate is also used as nutritional a supplement and has been considered safe for humans.
The food-grade segment accounts for a higher market share due to high-quality standards than feed grade. So the price of the food-grade tri-calcium phosphate also increases at high margins.
Global Tri-calcium Phosphate Market
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By Application, the segment is categorized into Food Additives, Feed Additives, Medical Use, and Other. Tri-calcium phosphate is chiefly employed by the medicinal industry as tri-calcium is a supplement form of calcium phosphate and has no toxicity and is widely accepted due to the bio-medical properties of tri-calcium phosphate. Tri-Calcium is the most common and economical form for the supplement of calcium carbonate (in food additives) and calcium citrate (without food).
Tri-calcium phosphate is also used in tissue replacement boney defects when autogenously bone grafting is not possible. Tri-calcium is used individually as well as in combination with biodegradable, reabsorb-able polymers like polyglycolic acid. Tri-calcium phosphates are also employed as tri-calcium phosphate scaffolds in drug carrier systems for local drug delivery in bones. Henceforth medical use segment is dominating in the application of the global tri-calcium phosphate market.
The food additive is the second dominating tri-calcium phosphate market due to its wide applications like an anti-caking agent, prevents Table salt from caking, and prevents moisture.
Global Tri-calcium Phosphate Market
Global Tri-calcium Phosphate Market Regional Insights:
The Asia Pacific is dominating in tri-calcium phosphate market and holds a major share in the tri-calcium phosphate market due to a growing economy and middle-class populations of developing countries. The rising demand for nutritional food supplements and additives due to mounting awareness and health benefits of tri-calcium phosphate manufactures are investing more into the innovation of nutritional bars and packed food items. At present China has become the largest producer as well as consumption of tri-calcium phosphate. Hence, the growth and innovation of manufactures in the pharmaceutical industry are boosting the tri-calcium phosphate market in the Asia Pacific.
Global Tri-calcium Phosphate Market
The objective of the report is to present a comprehensive analysis of the global Tri-calcium Phosphate Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the global Tri-calcium Phosphate Market dynamics, structure by analyzing the market segments and project the global Tri-calcium Phosphate Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Tri-calcium Phosphate Market make the report investor’s guide.
Global Tri-calcium Phosphate Market Scope: Inquire before buying
Global Tri-calcium Phosphate Market
Global Tri-calcium Phosphate Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Tri-calcium Phosphate Market Key Player
• Innophos
• Trans-Tech, Inc
• NEI
• ICL Performance Products
• Prayon
• Haotian Pharm
• Wengfu Group
• Yuwei Biological
• Shanghai Caifeng
• Lianxing Chemical
• Hubei Xingfa Chemicals
• Lianyungang Dongzhou
• Great Chemicals
• Chengxing Group
• Debang Fine Chemical
• Zhengrong Food Additive
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