FMI Food Grade Phosphates Market size and forecast, 20 | Page 4

Food Grade Phosphates Market
Food Grade Phosphates Market Expected to Expand at a Steady CAGR through 2025
Food grade phosphates are used for various application in the food processing industry as discoloration
inhibitors, emulsifiers, and buffers. Food grade phosphates are also used in frozen meat, bakery products,
milk, powdered food, cheese, petfood, cereal, dehydrated potatoes, fisheries and animal feed products.
Food grade phosphates are broadly classified into blended and specialty phosphates. Food grade
phosphates market is consolidated market. For instance, Prayon SA acquired Augusta, Ga., which
produces various types of phosphates including sodium phosphates, calcium phosphates and potassium
phosphates. Food grade phosphates are used for various applications including retention of water in the
fish.
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Food Grade Phosphates Segmentation
Global food grade phosphates are segmented on the basis of type, application and region. Based on the
product type food grade phosphates segmentation includes sodium phosphates, potassium phosphates
and calcium phosphates. Of which sodium phosphate is expected to be the dominating segment,
followed by potassium and calcium phosphates. Among all the segments of food grade phosphates type,
sodium phosphates segment is expected to contribute maximum revenue over the forecasted period.
However, calcium phosphates segment is expected to witness fastest growth in the next four to five years
du e to the various benefits associated with the consumption of calcium phosphates. However, potassium
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