Calcium Phosphate Market Analysis :
Calcium phosphate is one of the principle minerals found abundantly in nature in various forms, and is formed from a mixture of calcium and phosphorous. It is an essential component of the biological hard tissue in the form of carbonated hydroxyapatite found in significant quantity in teeth and bone, providing them stiffness and hardness. In medical applications, the crystalline structure of calcium phosphates aids in the restructuring of bone minerals. Calcium phosphate acts as leavening agent, and is abundantly used in baked products, condiments, and salts. In addition, it helps to enhance the calcium content, and is widely used in calcium supplements. Moreover, it plays a vital role in preventing and healing calcium deficiencies. The calcium phosphate market is attaining huge recognition across various sectors, owing to burgeoning demands and prerequisites.
Key drivers of global calcium phosphate market
The growth of the global calcium phosphate industry is drive by surge in demand for food, dietary, and bakery items to increase the calcium content in food. In addition, increase in literacy rate along with rise in per capita income is expected to create the demand for healthy food products across the globe. Surge in demand for high-quality food products and nutritious edibles to provide fortification of diet or baby foods with calcium, magnesium, iron and phosphorus is projected to have a positive effect on market growth during the forecast timeline. In the pharmaceutical industry, the product is used as a source of mineral and has broad application scope for manufacturing tablets, which is expected to have a positive impact on the growth over the next seven years.
Market scenario: opportunities and challenges
Rise in demand for calcium phosphate in the farming fields, as an essential compound in making of fertilizer, is expected to act as an opportunity for the market expansion during the forecast period. Moreover, agriculture is expected to be among the major sectors in emerging regions. Rise in demand for fertilizers, which enhance crop quality and yield, is anticipated to boost the demand for calcium phosphate. Increase in awareness among agricultural companies and farmers about the scientific methods to produce more and increase the return is likely to affect the market positively and is expected to provide new avenues for the growth of this sector. Furthermore, producers endorse numerous approaches, such as alliances, takeovers, and joint ventures, which eventually lead to the inorganic development of the calcium phosphate industry. However, governments of several countries, such as Germany, Spain, and Italy, have implemented stringent environmental regulations prohibiting the use of phosphate-based fertilizers and cosmetics, which are expected to hinder market growth.
COVID-19 scenario analysis
Owing to the outbreak of the COVID-19 pandemic, the global calcium phosphate market is expected to witness a slowdown during the next couple of years. Governments of various countries have implemented lockdown, which has led to shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the output from chemical industry to agriculture sector. In addition, recent decline in the chemical industry is one of the key factors that is likely to negatively impact the growth of calcium phosphate market. This has contributed to an imbalance in the economics of supply–demand, causing suppliers and consumers alike to renegotiate supply contracts. However, surge in demand from the pharmaceutical industry for calcium phosphate, owing to the outbreak, is anticipated to augment market growth during the forecast period.
Key benefits of the report
- This study presents the analytical depiction of the global calcium phosphate industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global calcium phosphate market share.
- The current market is quantitatively analyzed to highlight the global calcium phosphate market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global calcium phosphate market research report
- Which are the leading market players active in the calcium phosphate market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Calcium Phosphate Market Report Highlights
Key Market Players
Merck KGaA, Timab, Gadot Biochemical Industries Ltd., Advance Inorganics, Fosfitalia SpA, InnophosHoldings, Inc., Sigma-Aldrich Co. LLC., Chemische Fabrik Budenheim KG, The Mosaic Company, Nitta Gelatin India Limited