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Food Phosphate Market analysis research and trends report for 2017-2024

Food Phosphate Market size was over USD 1.4 billion in 2015 and expects gains at over 6%.<br><br>Get more details @ https://goo.gl/xEGfhp

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Food Phosphate Market analysis research and trends report for 2017-2024

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  1. Food Phosphate Market to reach $2.4 billion by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Food Phosphate Market : • Shifting consumer trends toward healthy diet consumption coupled with rise in the demand for protein enriched food will fuel Food Phosphate Market development. Rise in the food phosphate production as a result of escalating demand for food across countries such as India, Germany, China, France, and the U.S. will create a huge growth potential for the business. This growth can be attributed to the rising product usage as an emulsifier, sequestering & leavening agent, and acidity regulator across various sectors such as food & beverages, bakery items, dairy items, and meat & seafood processing. Global Market Insights, Inc., reports that food phosphate industry is forecast to hit a revenue of USD 2.4 billion by 2024, registering a CAGR of 6% during the period of 2016-2024. • U.S. poultry meat sector was more than 15 million tons in 2015, and is expected to reach nearly 20 million tons by 2024, driven by the growing consumer awareness regarding protein rich diet and the rising popularity of canned food, which in turn will contribute to the growth of food phosphate industry over the span of few years.

  3. Continued... • Considering the regional landscape, Asia Pacific food phosphate industry is slated to record substantial gains of 4.5% during the period from 2016 to 2024. Mounting preference for bakery and dairy items as a result of high standards of living along with elevated demand for healthy food will propel the regional growth. China, Japan, and India are projected to be the key regional revenue contributors. • India food phosphate market revenue in the dairy sector is predicted to grow at a rate of 4% over the coming timeframe with cheese processing applications contributing substantially towards the industry share. Sodium based food phosphate industry in China is anticipated to hit USD 100 million by 2024, driven by its wide usage in processed as well as baked foods. • LATAM food phosphate industry is slated to record a CAGR of 3.5% over the coming seven years subject to the thriving meat processing sector along with an increase in the number of livestock farming activities. Brazil and Mexico are the key regional revenue pockets.

  4. Europe Food Phosphate Market Size, By Application, 2015 & 2024 ($ Mn)

  5. Browse Full Market Research Report On Food Phosphate Market @ https://goo.gl/xEGfhp Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1398

  6. 360° Analysis • Application Trends • Food phosphate market size from dairy application should witness strong gains at over 3.5%. It is prominently used in cheese processing by helping smooth mixing of fats, moisture, and protein in evaporated milk thereby producing high quality cheese with smooth melt, easy slicing spread ability and viscosity. Increasing high quality cheese demand from fast food industry should stimulate product demand. • Regional Trends • Asia Pacific, led by Japan, India and China food phosphate market size, should witness highest gains at over 4.5%. Rise in demand for dairy and bakery products owing to rising economic standards along with changing preference towards better diets should drive regional industry growth. • Competitive Market Share • Most of the prominent players are engaged in collaborations & partnerships and product developments in order to expand business and customer base. Prayon developed Fortispray comprising fat soluble vitamin complex and calcium phosphate salt. It is mainly used in processed cheese and drinks.

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