The global polyphosphate market size is calculated at USD 1,858 million in 2024 and is predicted to reach around USD 2,831 million by 2034, expanding at a CAGR of 4.3% from 2024 to 2034.
The market is experiencing significant growth due to the increasing use of polyphosphate in the processed food industry. It is used as a texture enhancer, emulsifier, moisture retainer, and stabilizer in dairy products and baked foods. Polyphosphate is available in two forms: powder and liquid. Powdered polyphosphate is in high demand due to its ease of use and extended shelf life. This salt dissolves quickly and imparts taste to food uniformly. It also prevents the growth of microorganisms, thereby extending food's shelf life and preserving freshness. The increasing demand for processed meat and seafood further contributes to the growth of the market.
The rising demand in the agricultural sector is expected to drive the polyphosphate market in the coming years. Ammonium polyphosphate is used in fertilizers to increase nutrient availability for crops. The growing need for food production and stringent regulations regarding food safety can positively impact the market. In addition, increasing use in water treatment applications is expected to boost market growth. Polyphosphate is a water treatment chemical used to maintain water quality and prevent scale formation and corrosion in pipes.
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| Stats ID: | 7636 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7636 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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