The Latest Dicalcium Phosphate Industry Statistics Explained
The global Dicalcium Phosphate market size in 2020 was estimated at USD 902.5 Million.
The statistic refers to the estimated market size of Dicalcium Phosphate, a mineral compound used in various industries such as food and beverage, pharmaceuticals, and animal feed, in the year 2020 on a global scale. The market size is quantified at USD 902.5 Million, indicating the total value of goods and services related to Dicalcium Phosphate that were bought and sold in that year worldwide. This statistic is important for stakeholders in the industry, including producers, suppliers, and investors, as it provides insight into the market’s scale, potential growth, and overall economic significance.
The CAGR of Dicalcium Phosphate Industry is projected to be 5.1% over the forecast till 2025.
The compound annual growth rate (CAGR) of the Dicalcium Phosphate Industry is expected to be 5.1% from the current year until 2025. This statistic indicates that the industry is projected to experience steady growth at an average annual rate of 5.1% over the specified time period. This forecast suggests that there is a positive outlook for the Dicalcium Phosphate Industry, with expectations of increased demand, market expansion, and overall growth in the sector in the coming years.
The global dicalcium phosphate market in animal feed segment held the largest market share of over 44% in 2020.
The statistic indicates that in 2020, the global dicalcium phosphate market within the animal feed segment accounted for the majority share of the market, with over 44% sales contribution. This suggests that dicalcium phosphate was the most widely used form of phosphorus supplement in animal feed production worldwide. The high market share can be attributed to the essential role of dicalcium phosphate in promoting healthy bone development, growth, and overall animal health. The dominance of dicalcium phosphate in the animal feed segment underscores its popularity and importance in meeting the nutritional requirements of livestock, poultry, and other animals in the agriculture industry.
Asia Pacific dominated the dicalcium phosphate market with a share of 40.3% in 2019.
The statistic indicates that in 2019, the Asia Pacific region held a significant market share of 40.3% in the dicalcium phosphate industry. This domination suggests that a substantial portion of the global production and consumption of dicalcium phosphate, a common feed ingredient for livestock and poultry, originated from countries within the Asia Pacific region. Factors contributing to Asia Pacific’s dominance in this market could include the region’s large agricultural sector, increasing demand for animal feed due to population growth and rising incomes, as well as potentially lower production costs compared to other regions. This statistic highlights the region’s importance in the dicalcium phosphate market and its influence on global supply dynamics.
Europe is forecasted to grow at the highest growth of 5.5% in the Dicalcium Phosphate market due to increasing use in baked goods over the forecast period.
This statistic indicates that Europe is expected to experience the highest growth rate of 5.5% in the Dicalcium Phosphate market compared to other regions. The projected growth is attributed to the rising demand for Dicalcium Phosphate in baked goods within the European market over the forecast period. This trend suggests a growing preference for Dicalcium Phosphate as an ingredient in baked goods, possibly due to its benefits and functionalities in food processing. The forecasted growth rate underscores the potential opportunities and market expansion for Dicalcium Phosphate suppliers and manufacturers in Europe, as they cater to the increasing demand from the baking industry.
The global feed grade dicalcium phosphate at market is expected to grow at 5.6% in the forecast period of 2021 to 2028.
The statistic indicates that the global market for feed-grade dicalcium phosphate is projected to experience a compound annual growth rate of 5.6% during the forecast period spanning from 2021 to 2028. This growth rate suggests a positive trend in the demand for feed-grade dicalcium phosphate, likely driven by various factors such as increasing livestock production, rising awareness of animal nutrition, and advancements in feed manufacturing practices. Businesses operating in this market can anticipate potential opportunities for expansion, innovation, and strategic investment in this period, with the market expected to grow steadily over the next few years.
China is the largest producer of dicalcium phosphate contributing over 30% share to total market production.
This statistic indicates that China plays a dominant role in the global production of dicalcium phosphate, a compound used primarily as a dietary supplement in animal feed. With a contribution of over 30% to the total market production, China holds the largest share among all countries. This suggests that China has a strong presence and significant capacity in the production of dicalcium phosphate, likely due to factors such as economic scale, technological advancements, or favorable production conditions. As a key player in the market, China’s production levels can have a substantial impact on global supply and pricing dynamics for dicalcium phosphate.
The use of dicalcium phosphate in the fertilizers sector was a market worth $22.8 million in 2020.
The statistic indicating that the use of dicalcium phosphate in the fertilizers sector was a market worth $22.8 million in 2020 suggests that the demand for dicalcium phosphate within the fertilizer industry amounted to a significant monetary value. This figure reflects the economic importance and scale of dicalcium phosphate as a key ingredient in fertilizers during the specified year. It implies that both producers and consumers within the fertilizers sector heavily rely on dicalcium phosphate as a crucial component for enhancing soil fertility and facilitating plant growth, thereby underscoring its substantial market presence and value in contributing to agricultural productivity and industry growth.
The CAGR of feed grade dicalcium phosphate market in North America is projected to grow at a CAGR of 4.9% in the period 2021-2028.
The Compound Annual Growth Rate (CAGR) of feed grade dicalcium phosphate market in North America is projected to increase by 4.9% on average annually from 2021 to 2028. This statistic indicates the expected annual growth rate of the market over the specified time period, highlighting a steady increase in demand or production for feed grade dicalcium phosphate in the region. This growth rate can be used by stakeholders such as investors, manufacturers, and policymakers to make informed decisions regarding investments, production capacities, and market strategies within the feed grade dicalcium phosphate industry in North America.
The market worth of dicalcium phosphate in India was around $130 million in 2018.
The statistic indicates that the market value of dicalcium phosphate in India was worth approximately $130 million in the year 2018. This figure signifies the total monetary worth of the dicalcium phosphate industry in India for that particular year. It suggests that dicalcium phosphate, a common dietary supplement for both humans and animals, holds significant economic importance in the Indian market, likely due to its various applications in sectors such as pharmaceuticals, food production, and animal feed. This statistic provides insight into the size and value of the dicalcium phosphate market in India, reflecting its role in the country’s economy and industry.
Dicalcium phosphate contributes to nearly 27% of the total phosphate fertilizers.
This statistic indicates that dicalcium phosphate is a significant component of the total phosphate fertilizers market, accounting for approximately 27% of the total share. Dicalcium phosphate, a common form of phosphorus fertilizer used in agriculture, is valued for its role in providing essential nutrients to plants for healthy growth. The fact that dicalcium phosphate contributes a substantial portion of the overall phosphate fertilizers highlights its importance in the industry and suggests that it is a popular choice among farmers for meeting the phosphorus needs of their crops. This statistic reflects the significant presence of dicalcium phosphate in the market and its impact on global agricultural practices.
Fertilizer application area of the dicalcium phosphate market is expected to grow at the highest CAGR of 6.1% from 2022 to 2026.
This statistic indicates that within the dicalcium phosphate market, the area of fertilizer application is projected to experience the highest Compound Annual Growth Rate (CAGR) of 6.1% over the period spanning from 2022 to 2026. This implies that the demand for dicalcium phosphate as a fertilizer in agricultural applications is anticipated to increase significantly over the next five years. Factors driving this growth may include trends towards sustainable agriculture, increasing global food demand, and the adoption of modern farming techniques that emphasize the importance of soil health and plant nutrition. This statistic suggests a positive outlook for the dicalcium phosphate market in the context of agricultural fertilizer use.
In Europe, Germany held the highest market share in the Dicalcium Phosphate market with nearly 30% as of 2020.
The statistic indicates that as of 2020, Germany had the largest market share in the Dicalcium Phosphate market among European countries, accounting for nearly 30% of the total market. This means that Germany was the leading producer and supplier of Dicalcium Phosphate in Europe compared to other countries in the region. The high market share suggests that Germany has a strong competitive advantage in this market, likely due to factors such as advanced production technologies, efficient distribution networks, high product quality, and competitive pricing strategies. This statistic highlights Germany’s significant presence and influence in the Dicalcium Phosphate industry in Europe.
Demand for dicalcium phosphate from the poultry segment is predicted to increase by 6.5% by 2026.
The statistic indicates that there is a forecasted growth in the demand for dicalcium phosphate specifically from the poultry segment, with the predicted increase expected to be 6.5% by the year 2026. This suggests that poultry producers are projected to require more dicalcium phosphate as a feed additive for their birds in the coming years. The increase in demand could be driven by factors such as the growing poultry industry, rising consumer demand for poultry products, and the recognition of the importance of nutritional supplements like dicalcium phosphate in poultry feed formulations. Overall, the statistic highlights a positive outlook for the dicalcium phosphate market within the poultry segment over the specified timeframe.
U.S leads the North American region in the dicalcium phosphate market with a significant sales volume in 2020.
The statistic indicates that the United States holds a prominent position within the North American region’s dicalcium phosphate market, boasting a substantial level of sales in the year 2020. This suggests that the U.S. is a key player in the industry, likely due to factors such as strong demand, efficient production processes, strategic marketing, or innovative product offerings. The country’s leadership in sales volume implies a competitive edge over other North American countries in capturing market share and satisfying customer needs for dicalcium phosphate products. This statistic points towards the U.S. as a significant market force within the region, showcasing its ability to drive and influence trends, pricing, and overall market dynamics in the dicalcium phosphate segment.
Global Dicalcium Phosphate market observed a revenue generation of $34.87 Million in 2021.
The statistic indicates that the global dicalcium phosphate market generated revenue amounting to $34.87 million in 2021. This figure represents the total monetary value derived from the sales of dicalcium phosphate products in the global market during the specified year. The revenue generated suggests that there is demand for dicalcium phosphate, likely driven by its various uses across industries such as agriculture, food and beverage, pharmaceuticals, and animal feed. This statistic provides insight into the economic significance and size of the dicalcium phosphate market on a global scale in 2021.
The production volume of dicalcium phosphate was around 1.8 million metric tonnes in 2020.
The statistic stating that the production volume of dicalcium phosphate was around 1.8 million metric tonnes in 2020 quantifies the total quantity of dicalcium phosphate manufactured during that year. Dicalcium phosphate is a common ingredient used in various industries, including food, pharmaceuticals, and animal feed. The large production volume highlights the significant demand for this compound, likely driven by its essential role in multiple applications. This statistic underscores the scale of manufacturing activities related to dicalcium phosphate and provides insight into the market trends and industry dynamics surrounding this important chemical compound.
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