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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 2.10 Billion

Market Size (2030)

USD 2.54 Billion

CAGR (2025-2030)

3.40%

Fastest Growing Segment

Food 

Largest Market

North America


Market Overview

Global Food Grade Phosphoric Acid Market was valued at USD 2.10 Billion in 2024 and is expected to reach USD 2.54 Billion by 2030 with a CAGR of 3.40%. Food-grade phosphoric acid, commonly known as orthophosphoric acid, is a colorless, odorless, and highly versatile compound widely used across the global food and beverage industry. With the chemical formula H₃PO₄, it is primarily derived from phosphate rock and undergoes extensive purification to meet strict food-grade standards. One of its main applications is as an acidulant, where it plays a critical role in regulating the pH levels of food and beverage products. By maintaining optimal acidity, food-grade phosphoric acid enhances the flavor profile and stability of processed items, preserving both taste and texture. It is most notably used in carbonated soft drinks, where it contributes to the distinctive tangy flavor and carbonation stability, while also extending the shelf life of the final product.

Beyond its acidulant properties, phosphoric acid functions effectively as a chelating agent. It binds with metal ions such as calcium and magnesium, which can negatively affect the quality, appearance, and taste of food and beverages. This chelation process helps prevent undesirable interactions and ensures consistent product quality. Food-grade phosphoric acid serves as a critical raw material in the production of phosphate-based food additives like sodium phosphate and potassium phosphate. These additives are essential for functions such as moisture retention, emulsification, and acidity regulation, particularly in processed foods, dairy products, and baked goods.

The global market for food-grade phosphoric acid continues to grow, driven by increasing demand for processed and convenience foods, especially in emerging economies.  Rising consumer expectations for longer shelf life, better taste, and higher product quality are prompting manufacturers to adopt advanced formulation technologies, in which phosphoric acid plays a pivotal role. Phosphoric acid plays a key role in extending the shelf life of food products by functioning as both a preservative and an acidity regulator. It achieves this by lowering the pH of food items, thereby creating an acidic environment that inhibits the growth of harmful microorganisms such as bacteria and fungi. This controlled acidity is crucial in preventing spoilage and maintaining food safety over a longer period. As a result, phosphoric acid helps manufacturers reduce food waste, enhance product stability, and meet consumer demand for longer-lasting goods. Research indicates that incorporating phosphoric acid into food formulations can extend shelf life by approximately 5 to 10 days, making it a valuable component in modern food preservation strategies. With its multifaceted applications and proven functionality, food-grade phosphoric acid remains a cornerstone ingredient in modern food manufacturing, offering both economic and performance advantages for producers across the global supply chain.


Key Market Drivers

Growing Demand for Preservative Food Products is Driving the Global Food Grade Phosphoric Acid Market

The surging demand for preserved food products is a driving force behind the growth of the food-grade phosphoric acid market. This demand is propelled by changing consumer lifestyles, increased urbanization, and the need for convenient, long-lasting food options. Preservatives play a crucial role in extending the shelf life of food products, preventing spoilage, and maintaining their quality and safety. Food-grade phosphoric acid, with its excellent acidifying and chelating properties, serves as an effective preservative in a wide range of processed foods and beverages. Its ability to lower pH levels creates an environment unfavorable for the growth of spoilage-causing microorganisms, such as bacteria and fungi. 

Globally, around one-third of all food produced equivalent to nearly 1.3 billion tonnes is lost or wasted each year. This waste occurs throughout the entire supply chain, from production and harvesting to storage, transportation, processing, and consumption. Such widespread food loss has severe economic implications, resulting in billions of dollars in lost value, and environmental consequences, including unnecessary greenhouse gas emissions, excessive water usage, and strain on agricultural land. In India, the problem is even more pronounced. According to the Food and Agriculture Organization (FAO), approximately 40% of the country's food is wasted. A significant portion of this waste includes perishable items like fruits and vegetables, which often spoil due to inadequate cold storage infrastructure and inefficient logistics. Large volumes of food grains are lost as a result of poor storage conditions, with hundreds of tons rotting in unprotected or substandard warehouses. This level of waste is particularly critical in a country with a large population facing nutritional challenges, as it represents not only a missed opportunity to feed millions but also a waste of resources such as water, labor, and energy used in food production. Addressing food waste requires coordinated efforts, including investment in storage facilities, better supply chain management, and policy reforms aimed at improving food distribution. Reducing food waste is essential for enhancing food security, supporting sustainable development goals, and building a more resilient and efficient food system both in India and globally.

One of the key applications of food-grade phosphoric acid is in carbonated beverages, especially colas. It not only provides the characteristic tangy flavor but also acts as a preservative, ensuring that the beverage remains safe and appealing for an extended period. As consumer preferences for these beverages continue to rise, so does the demand for food-grade phosphoric acid. In addition to carbonated drinks, food-grade phosphoric acid finds extensive use in the production of jams, jellies, and other fruit-based products. It helps regulate the acidity levels, enhance flavor, and preserve the texture of these products. This is particularly crucial in maintaining the quality of jams and jellies over their shelf life, meeting consumer expectations for taste and texture. The meat processing industry heavily relies on food-grade phosphoric acid as a preservative.

It is used in meat products such as sausages, deli meats, and canned meats to prevent microbial growth and maintain product safety. Phosphoric acid's ability to control pH levels ensures that these products remain free from harmful pathogens, allowing for longer storage periods. The bakery industry is another significant beneficiary of food-grade phosphoric acid. It is utilized in various baked goods, including bread, cakes, and pastries, to control pH levels and enhance leavening properties. By providing a stable pH environment, phosphoric acid contributes to the quality and shelf life of baked products, ensuring they reach consumers in optimal condition. In the dairy industry, food-grade phosphoric acid is employed in cheese production.

It aids in the coagulation process, ensuring proper curd formation and texture development. Additionally, it acts as a pH regulator, helping to create the ideal environment for cheese maturation and preservation. As consumers continue to seek out convenient and accessible food options, the demand for preserved and processed foods is projected to escalate. This trend is particularly pronounced in urban areas where busy lifestyles and limited time for meal preparation drive the preference for preserved products. Consequently, the food-grade phosphoric acid market is poised to experience sustained growth, as it remains a critical ingredient in the preservation of a wide array of processed foods and beverages.


Multidimensional Role Of Food-Grade Phosphoric Acid is Driving the Global Food Grade Phosphoric Acid Market

The food-grade phosphoric acid market is experiencing significant growth, propelled by the multifaceted role it plays within the food and beverage industry. This versatile compound, also known as orthophosphoric acid, serves a range of crucial functions, contributing to the quality, safety, and flavor of various food products. One of the primary roles of food-grade phosphoric acid is its function as an acidulant. It serves as an acidity regulator, allowing manufacturers to control and adjust the pH levels in food and beverage formulations. This is essential for achieving the desired taste profile and texture in a wide array of processed foods. For instance, it is a key ingredient in carbonated soft drinks, where it imparts a distinctive tangy flavor and helps maintain the beverage's characteristic effervescence. Phosphoric acid serves as a powerful chelating agent. It has the ability to bind with metal ions, particularly calcium and magnesium, which can be present in water and negatively impact the quality of certain food products.

By chelating these ions, phosphoric acid helps prevent undesirable interactions that may affect the texture, color, or flavor of foods and beverages. In the realm of food preservation, phosphoric acid plays a pivotal role. Its acidic nature inhibits the growth of bacteria and molds, thus extending the shelf life of processed foods. This attribute is particularly valuable in the production of jams, jellies, and preserves, where it not only contributes to preservation but also enhances the overall flavor profile. Phosphoric acid is a key ingredient in the production of various food additives, including sodium and potassium phosphates. These additives serve diverse functions, such as emulsification, moisture retention, and pH regulation.

They are commonly used in processed foods to improve texture, enhance flavor, and extend shelf life. Beyond its direct applications, food-grade phosphoric acid also serves as a critical precursor for other food-grade phosphates. These compounds are utilized extensively as buffering agents, leavening agents, and emulsifying agents in a wide range of food products, including baked goods, dairy products, and processed meats. The demand for food-grade phosphoric acid is further driven by its compliance with stringent safety and quality standards. It is generally recognized as safe (GRAS) when used in accordance with regulatory guidelines, and manufacturers must adhere to rigorous quality control measures to ensure that the phosphoric acid used in food production is of high purity and free from contaminants.



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Key Market Challenges

Health Risk Associated with the High Use of Phosphoric Acid in Food Products

The health risks linked to the excessive use of phosphoric acid in food products have emerged as a significant deterrent to the growth of the market. While phosphoric acid is generally recognized as safe (GRAS) by regulatory authorities when used in controlled quantities, overconsumption can lead to potential health concerns. One of the primary concerns associated with high phosphoric acid intake is its impact on bone health. Studies have suggested that excessive consumption of phosphoric acid, often found in carbonated soft drinks, may interfere with calcium absorption in the body. This imbalance can potentially lead to a reduction in bone mineral density and increase the risk of osteoporosis or other bone-related disorders, especially when calcium intake is insufficient. The acidic nature of phosphoric acid can lead to gastrointestinal issues when consumed in excess. Prolonged exposure to high levels of acidity may result in digestive discomfort, including acid reflux, indigestion, and stomach upset. This is particularly relevant for individuals with pre-existing gastrointestinal conditions. There are concerns about the potential for phosphoric acid to interact with certain medications or supplements. High levels of phosphoric acid may interfere with the absorption or effectiveness of other nutrients, potentially leading to nutritional imbalances. 


Key Market Trends

Growing Awareness of Clean Label Ingredients

The growing awareness of clean label ingredients is proving to be a significant driver in the expansion of the food-grade phosphoric acid market. Consumers today are increasingly vigilant about the composition of the foods they consume, seeking products with easily recognizable and transparent ingredient lists. This shift towards clean label preferences stems from a desire for more natural, minimally processed, and trustworthy food options. Food-grade phosphoric acid aligns well with this trend. As a well-known acidulant with a long history of safe use in food and beverages, it is considered a clean label ingredient. Recognized by consumers as a familiar and straightforward component, it provides the desired acidic properties without introducing complex chemical names or artificial additives to product labels.

The versatility of food-grade phosphoric acid makes it an invaluable clean label option for a wide range of food applications. It serves as a vital acidifying agent in various processed foods and beverages, helping to adjust pH levels, enhance flavor, and prolong shelf life. Its presence on ingredient lists assures consumers that they are not encountering unfamiliar or synthetic substances in their food. Manufacturers are responding to this demand for clean label ingredients by incorporating food-grade phosphoric acid into a diverse array of products. From carbonated beverages to jams, jellies, and even certain dairy products, the use of this acidulant allows companies to meet consumer expectations for simpler, more natural formulations. The clean label trend is intertwined with broader concerns for health and wellness. Consumers perceive clean label ingredients as healthier and more wholesome options. Food-grade phosphoric acid's ability to enhance flavor and preserve the quality of processed foods contributes to the overall positive perception of products containing this ingredient.


Segmental Insights

Application Insights

In 2024, the Food Grade Phosphoric Acid market was fastest growing segment by the Food segment and is predicted to continue expanding over the forcasted period. This dominance is indicative of the crucial role that food-grade phosphoric acid plays in various food applications. As a versatile acidulant, it is widely utilized to regulate acidity levels, enhance flavor profiles, and extend the shelf life of processed food products. The continued expansion of the Food segment within the Food Grade Phosphoric Acid market is anticipated to persist in the coming years. This projection is underpinned by several key factors. Firstly, the global trend towards processed and convenience foods is expected to remain robust, driving sustained demand for food-grade phosphoric acid. As consumer preferences continue to evolve towards clean label ingredients and natural additives, the recognition of food-grade phosphoric acid as a trusted and well-understood component further supports its dominance in the food sector. Furthermore, the multifaceted functions of food-grade phosphoric acid, including its role as an acidulant, chelating agent, and preservative, contribute to its enduring relevance in the food industry. This versatility allows manufacturers to meet diverse formulation needs across a wide range of food and beverage categories.


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Regional Insights

Based on the region, North America, particularly the United States and Canada, stands as a largets market in the field of Food Grade Phosphoric Acid material. North America, specifically the United States and Canada, holds a prominent position as a global powerhouse in the production and application of Food Grade Phosphoric Acid. This regional dominance is attributed to several key factors that contribute to its leadership in the field. Firstly, the United States and Canada boast advanced and highly developed food processing industries. These nations have established sophisticated manufacturing infrastructure and technology, which enable the efficient production and utilization of Food Grade Phosphoric Acid across a diverse range of food and beverage applications. Both the United States and Canada adhere to rigorous safety and quality standards in food production. This commitment to stringent regulatory practices ensures that the Food Grade Phosphoric Acid produced in these countries meets the highest levels of purity and safety, instilling confidence in both domestic and international markets.

North America is home to a thriving research and development ecosystem focused on food science and technology. This robust innovation landscape facilitates ongoing advancements in the application of Food Grade Phosphoric Acid, enabling its integration into an expanding array of food products. The region's well-established trading networks and logistical infrastructure facilitate the distribution of Food Grade Phosphoric Acid to global markets. This accessibility to international markets further reinforces the position of North America as a dominant force in the field.

Recent Developments

  • In 2024, Innophos Inc. expanded its food-grade phosphate production capabilities by upgrading its EC-grade calcium phosphates manufacturing facility in Chicago Heights, Illinois. This strategic expansion was undertaken to meet the growing demand in the European Union’s food and dietary supplement markets. By enhancing production capacity, Innophos aims to strengthen its supply of high-quality EC-grade calcium phosphates, recognized for their exceptional purity, consistency, and strict adherence to European regulatory standards. This move positions the company to better serve its customers in the EU, supporting their need for reliable, compliant ingredients in food and supplement formulations amid rising market demands.
  • In September 2024, Coromandel International announced its decision to acquire an additional 8.82% stake in Baobab Mining and Chemicals Corporation (BMCC), a Senegal-based rock phosphate mining company, increasing its total ownership to 53.8%. This strategic move is aimed at securing a stable, long-term supply of rock phosphate, a critical raw material for the production of phosphoric acid—essential for fertilizer manufacturing in India. Earlier in April 2024, Coromandel also revealed plans to invest ₹1,000 crore in establishing a phosphoric and sulphuric acid plant in Kakinada, India. These initiatives reinforce the company’s commitment to backward integration and strengthening self-reliance in the fertilizer supply chain.
  • In January 2023, Prayon, a prominent player in the phosphorus industry, made a significant announcement regarding its successful acquisition of shares in Febex. Febex, a key player in the European phosphoric acid market, was acquired from Arkema, marking a strategic move for Prayon in consolidating its position in the industry. This acquisition is poised to further strengthen Prayon's presence in Europe and solidify its standing as a major influencer in the global phosphoric acid market.
  • In December 2021, in Kasbat Tadla, a town situated in the province of Béni Mellal-Khénifra, the Office Chérifien des Phosphates (OCP), a leading exporter of raw phosphate, phosphoric acid, and phosphate fertilizers, initiated the construction of a wastewater treatment facility. This significant development underscores OCP's commitment to environmental stewardship and sustainable practices in the phosphorus industry.

Key Market Players

  • Brenntag AG
  • Nutrien Ltd
  • Guangxi Qinzhou Capital Success Chemical Co. Ltd
  • OCP SA
  • Grasim Industries Limited
  • Merck KGaA
  • Spectrum Chemical Manufacturing Corp.
  • Prayon SA
  • Emco Dyestuff Pvt. Ltd
  • Vinipul Inorganics Private Limited

By Application

By Region

  • Food
  • Beverage
  • Pharmaceutical
  • North America
  • Asia-Pacific
  • Europe
  • Middle East & Africa
  • South America
Report Scope:

In this report, the Global Food Grade Phosphoric Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Food Grade Phosphoric Acid Market, By Application:

o   Food

o   Beverage

o   Pharmaceutical

  • Food Grade Phosphoric Acid Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  South Korea

§  Australia

§  Japan

o   Europe

§  Germany

§  France

§  United Kingdom

§  Spain

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Food Grade Phosphoric Acid Market.

Available Customizations:

Global Food Grade Phosphoric Acid Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Middle East & Africa Food Grade Phosphoric Acid Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.      Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.      Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.      Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.      Impact of COVID-19 on Global Food Grade Phosphoric Acid Market

5.      Global Food Grade Phosphoric Acid Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Application (Food, Beverage, Pharmaceutical)

5.2.2.     By Region

5.2.3.     By Company (2024)

5.3.  Market Map

6.      Asia Pacific Food Grade Phosphoric Acid Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Application

6.2.2.     By Country

6.3.  Asia Pacific: Country Analysis

6.3.1.     China Food Grade Phosphoric Acid Market Outlook

6.3.1.1.          Market Size & Forecast

6.3.1.1.1.               By Value

6.3.1.2.          Market Share & Forecast

6.3.1.2.1.               By Application

6.3.2.     India Food Grade Phosphoric Acid Market Outlook

6.3.2.1.          Market Size & Forecast

6.3.2.1.1.               By Value

6.3.2.2.          Market Share & Forecast

6.3.2.2.1.               By Application

6.3.3.     Australia Food Grade Phosphoric Acid Market Outlook

6.3.3.1.          Market Size & Forecast

6.3.3.1.1.               By Value

6.3.3.2.          Market Share & Forecast

6.3.3.2.1.               By Application

6.3.4.     Japan Food Grade Phosphoric Acid Market Outlook

6.3.4.1.          Market Size & Forecast

6.3.4.1.1.               By Value

6.3.4.2.          Market Share & Forecast

6.3.4.2.1.               By Application

6.3.5.     South Korea Food Grade Phosphoric Acid Market Outlook

6.3.5.1.          Market Size & Forecast

6.3.5.1.1.               By Value

6.3.5.2.          Market Share & Forecast

6.3.5.2.1.               By Application

7.      Europe Food Grade Phosphoric Acid Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.1.1.               By Application

7.2.1.1.2.               By Country

7.3.  Europe: Country Analysis

7.3.1.     France Food Grade Phosphoric Acid Market Outlook

7.3.1.1.          Market Size & Forecast

7.3.1.1.1.               By Value

7.3.1.2.          Market Share & Forecast

7.3.1.2.1.               By Application

7.3.2.     Germany Food Grade Phosphoric Acid Market Outlook

7.3.2.1.          Market Size & Forecast

7.3.2.1.1.               By Value

7.3.2.2.          Market Share & Forecast

7.3.2.2.1.               By Application

7.3.3.     Spain Food Grade Phosphoric Acid Market Outlook

7.3.3.1.          Market Size & Forecast

7.3.3.1.1.               By Value

7.3.3.2.          Market Share & Forecast

7.3.3.2.1.               By Application

7.3.4.     Italy Food Grade Phosphoric Acid Market Outlook

7.3.4.1.          Market Size & Forecast

7.3.4.1.1.               By Value

7.3.4.2.          Market Share & Forecast

7.3.4.2.1.               By Application

7.3.5.     United Kingdom Food Grade Phosphoric Acid Market Outlook

7.3.5.1.          Market Size & Forecast

7.3.5.1.1.               By Value

7.3.5.2.          Market Share & Forecast

7.3.5.2.1.               By Application

8.      North America Food Grade Phosphoric Acid Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Application

8.2.2.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Food Grade Phosphoric Acid Market Outlook

8.3.1.1.          Market Size & Forecast

8.3.1.1.1.               By Value

8.3.1.2.          Market Share & Forecast

8.3.1.2.1.               By Application

8.3.2.     Mexico Food Grade Phosphoric Acid Market Outlook

8.3.2.1.          Market Size & Forecast

8.3.2.1.1.               By Value

8.3.2.2.          Market Share & Forecast

8.3.2.2.1.               By Application

8.3.3.     Canada Food Grade Phosphoric Acid Market Outlook

8.3.3.1.          Market Size & Forecast

8.3.3.1.1.               By Value

8.3.3.2.          Market Share & Forecast

8.3.3.2.1.               By Application

9.      South America Food Grade Phosphoric Acid Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value 

9.2.  Market Share & Forecast

9.2.1.     By Application

9.2.2.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Food Grade Phosphoric Acid Market Outlook

9.3.1.1.          Market Size & Forecast

9.3.1.1.1.               By Value

9.3.1.2.          Market Share & Forecast

9.3.1.2.1.               By Application

9.3.2.     Argentina Food Grade Phosphoric Acid Market Outlook

9.3.2.1.          Market Size & Forecast

9.3.2.1.1.               By Value

9.3.2.2.          Market Share & Forecast

9.3.2.2.1.               By Application

9.3.3.     Colombia Food Grade Phosphoric Acid Market Outlook

9.3.3.1.          Market Size & Forecast

9.3.3.1.1.               By Value

9.3.3.2.          Market Share & Forecast

9.3.3.2.1.               By Application

10. Middle East and Africa Food Grade Phosphoric Acid Market Outlook

10.1.                   Market Size & Forecast

10.1.1.By Value 

10.2.                   Market Share & Forecast

10.2.1.By Application

10.2.2.By Country

10.3.                   MEA: Country Analysis

10.3.1.South Africa Food Grade Phosphoric Acid Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Application

10.3.2.Saudi Arabia Food Grade Phosphoric Acid Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Application

10.3.3.UAE Food Grade Phosphoric Acid Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Application

10.3.4.Kuwait Food Grade Phosphoric Acid Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Application

10.3.5.Turkey Food Grade Phosphoric Acid Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Application

10.3.6.Egypt Food Grade Phosphoric Acid Market Outlook

10.3.6.1.      Market Size & Forecast

10.3.6.1.1.           By Value

10.3.6.2.      Market Share & Forecast

10.3.6.2.1.           By Application

11. Market Dynamics

11.1.                   Drivers

11.2.                   Challenges

12. Market Trends & Developments

12.1.                   Recent Developments

12.2.                   Product Launches

12.3.                   Mergers & Acquisitions

13. Global Food Grade Phosphoric Acid Market: SWOT Analysis

14. Competitive Landscape

14.1.                   Brenntag AG

14.1.1.Business Overview

14.1.2. Company Snapshot

14.1.3.  Products & Services

14.1.4. Financials (In case of listed)

14.1.5. Recent Developments

14.1.6. SWOT Analysis

14.2.                   Nutrien Ltd

14.3.                   Guangxi Qinzhou Capital Success Chemical Co. Ltd

14.4.                   OCP SA

14.5.                   Grasim Industries Limited

14.6.                   Merck KGaA

14.7.                   Spectrum Chemical Manufacturing Corp.

14.8.                   Prayon SA

14.9.                   Emco Dyestuff Pvt. Ltd

14.10.               Vinipul Inorganics Private Limited

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Food Grade Phosphoric Acid Market was estimated to be USD 2.10 Billion in 2024.

Brenntag AG, Nutrien Ltd, Guangxi Qinzhou Capital Success Chemical Co. Ltd, and OCP SA are some of the key players operating in the Global Food Grade Phosphoric Acid Market.

North America has dominated the growth of Global Food Grade Phosphoric Acid Market in the forecast period. The presence of major food and beverage companies in the United States and Canada also plays a pivotal role in driving demand for Food Grade Phosphoric Acid. These companies rely on high-quality ingredients like phosphoric acid to maintain the integrity and quality of their products.

Increasing demand as a food additive and multidimensional role of food-grade phosphoric acid are the major drivers for the Global Food Grade Phosphoric Acid Market.

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