Feed Phosphate Market Poised to Garner Maximum Revenues During 2022 – 2031

WILMINGTON, DE, UNITED STATES, January 13, 2025 /EINPresswire.com/ -- Global Feed Phosphate Market size was valued at $2.2 billion in 2021 and is estimated to reach $3.3 billion by 2031, growing at a CAGR of 4% from 2022 to 2031.

Owing to increase in meat processing industrialization, the feed phosphates industry is anticipated to experience significant expansion. The market for feed phosphate is expanding as a result of the high threat of diseases in livestock. Furthermore, the majority of companies in the feed phosphates industry create feed phosphate from phosphate rock, a limited resource, using a procedure that is similar for all of their products. Thus, phosphorous recovery from fly ash is a great opportunity for feed phosphate market growth.

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The market for feed phosphate is mostly driven by an increase in meat processing industrialization. Meat processing has been an industrialized sector, which benefits consumers financially. Industrialization of meat processing is expected to continue to be the most sought-after benefit for years to come as beef and other meat products now cost less than half what they did a century ago. Furthermore, the high threat of diseases in livestock is expected to fuel the feed phosphate market. Diseases such as avian flu, BSE (bovine spongiform encephalopathy), and SARS (severe acute respiratory syndrome) pose a substantial risk to human health in addition to having an impact on animal breeding and the economy.

Swine farmers suffered huge losses as a result of the spread of swine diarrhea in the U.S. In addition, due to the hot and humid climate, nations such as China, India, and Indonesia are frequently dealing with avian flu and swine flu outbreaks. Thus, such factors contribute to the growth of the feed phosphate market share. In addition, the majority of companies in the feed phosphates industry create feed phosphate from phosphate rock, a limited resource, using a procedure that is similar for all of their products. To assure a steady supply of high-quality phosphates for the feed business, however, market participants must make R&D investments, develop creative production methods, and find new sources of phosphorus. Phosphorus recovery technology has undergone a sizable number of advancements in recent years. For the recovery of phosphorus, a number of techniques can be used, such as chemical precipitation, biological phosphorus removal, crystallization, and innovative chemical precipitation approaches, the most recent of which is the wet-chemical process utilizing fly ash.

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On the other side, due to the high cost of phosphate salts, such as monocalcium and dicalcium phosphates, replacements such as phytase, which are less expensive and may be used to reduce the overall feed cost, have become more popular. More than 90% of poultry diets and over 70% of swine diets contain phytase, according to Danisco Animal Nutrition (UK), the feed subsidiary of E. I. du Pont de Nemours and Company (US). The same source claims that phytase has assisted the feed business in saving USD 2 billion annually on feed input and nutritional expenditures.

The players operating in the global feed phosphate industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report are The Mosiac Company, PhosAgro, EuroChem Group, Nutrien Ltd., Rotem, AB LIFOSA, Reanjoy Laboratories, Yara International ASA, Fosfitalia Group, and OCP Group.

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