The global monosodium phosphate market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The food grade segment is expected to account for the largest share of the global monosodium phosphate market in terms of revenue, followed by industrial grade and feed grade segments respectively. The food & beverage segment is expected to account for the largest share of the global monosodium phosphate market in terms of volume, followed by water treatment and feed applications respectively. North America is expected to account for the largest share of the global monosodium phosphate market in terms of revenue, followed by Europe and Asia Pacific respectively.
Some Of The Growth Factors Of This Market:
- Monosodium phosphate is used in the production of processed cheese, processed meats, and other food products.
- The global population is expected to grow by 1 billion people by 2050, which will increase demand for food products that use monosodium phosphate as an ingredient.
- The increasing number of people living in urban areas will also increase demand for processed foods that use monosodium phosphate as an ingredient because it is more difficult to produce fresh foods in urban areas than rural areas due to lack of space and resources such as water and land.
- As the world's population continues to grow, there will be a need for more agricultural land to produce enough food for everyone on Earth; this could lead farmers to switch from producing crops like wheat or corn (which do not require monosodium phosphate) to crops like soybeans or sugarcane (which do require monosodium phosphate).
- Monosodium phosphates are often used as a preservative in packaged goods such as canned vegetables or frozen pizzas; this means that if there were a shortage of these ingredients then many packaged goods would have shorter shelf lives and would need to be thrown away sooner than they normally would be if they did not contain monosodium phosphates.
Industry Growth Insights published a new data on “Monosodium Phosphate Market”. The research report is titled “Monosodium Phosphate Market research by Types (Food Grade Monosodium Phosphate, Industrial Grade Monosodium Phosphate), By Applications (Food & Beverage, Feed, Water Treatment, Other), By Players/Companies Haifa Group, Krishna Chemicals, Suanfarma, Nutryplus Ingredients, NuGeneration Technologies, Brenntag, Aditya Birla Chemicals, Guizhou Lvyin Biotech, Hubei Xingfa Chemicals Group, Weifang Senya Chemical, Mitejima Chem, Shifang Sundia Chemical Industry, Jiangsu Mupro Food”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Monosodium Phosphate Market Research Report
By Type
Food Grade Monosodium Phosphate, Industrial Grade Monosodium Phosphate
By Application
Food & Beverage, Feed, Water Treatment, Other
By Companies
Haifa Group, Krishna Chemicals, Suanfarma, Nutryplus Ingredients, NuGeneration Technologies, Brenntag, Aditya Birla Chemicals, Guizhou Lvyin Biotech, Hubei Xingfa Chemicals Group, Weifang Senya Chemical, Mitejima Chem, Shifang Sundia Chemical Industry, Jiangsu Mupro Food
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Monosodium Phosphate Market Report Segments:
The global Monosodium Phosphate market is segmented on the basis of:
Types
Food Grade Monosodium Phosphate, Industrial Grade Monosodium Phosphate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Feed, Water Treatment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Haifa Group
- Krishna Chemicals
- Suanfarma
- Nutryplus Ingredients
- NuGeneration Technologies
- Brenntag
- Aditya Birla Chemicals
- Guizhou Lvyin Biotech
- Hubei Xingfa Chemicals Group
- Weifang Senya Chemical
- Mitejima Chem
- Shifang Sundia Chemical Industry
- Jiangsu Mupro Food
Highlights of The Monosodium Phosphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade Monosodium Phosphate
- Industrial Grade Monosodium Phosphate
- By Application:
- Food & Beverage
- Feed
- Water Treatment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Monosodium Phosphate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Monosodium phosphate is a white, crystalline powder that is used as a food additive. It is most commonly found in processed foods and restaurant meals. Monosodium phosphate helps to improve the texture and appearance of food by helping to create a smooth, creamy consistency.
Some of the key players operating in the monosodium phosphate market are Haifa Group, Krishna Chemicals, Suanfarma, Nutryplus Ingredients, NuGeneration Technologies, Brenntag, Aditya Birla Chemicals, Guizhou Lvyin Biotech, Hubei Xingfa Chemicals Group, Weifang Senya Chemical, Mitejima Chem, Shifang Sundia Chemical Industry, Jiangsu Mupro Food.
The monosodium phosphate market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Monosodium Phosphate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Monosodium Phosphate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Monosodium Phosphate Market - Supply Chain
4.5. Global Monosodium Phosphate Market Forecast
4.5.1. Monosodium Phosphate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Monosodium Phosphate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Monosodium Phosphate Market Absolute $ Opportunity
5. Global Monosodium Phosphate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Monosodium Phosphate Market Size and Volume Forecast by Type
5.3.1. Food Grade Monosodium Phosphate
5.3.2. Industrial Grade Monosodium Phosphate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Monosodium Phosphate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Monosodium Phosphate Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Feed
6.3.3. Water Treatment
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Monosodium Phosphate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Monosodium Phosphate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Monosodium Phosphate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Monosodium Phosphate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Monosodium Phosphate Demand Share Forecast, 2019-2026
9. North America Monosodium Phosphate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Monosodium Phosphate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Monosodium Phosphate Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Feed
9.4.3. Water Treatment
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Monosodium Phosphate Market Size and Volume Forecast by Type
9.7.1. Food Grade Monosodium Phosphate
9.7.2. Industrial Grade Monosodium Phosphate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Monosodium Phosphate Demand Share Forecast, 2019-2026
10. Latin America Monosodium Phosphate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Monosodium Phosphate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Monosodium Phosphate Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Feed
10.4.3. Water Treatment
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Monosodium Phosphate Market Size and Volume Forecast by Type
10.7.1. Food Grade Monosodium Phosphate
10.7.2. Industrial Grade Monosodium Phosphate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Monosodium Phosphate Demand Share Forecast, 2019-2026
11. Europe Monosodium Phosphate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Monosodium Phosphate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Monosodium Phosphate Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Feed
11.4.3. Water Treatment
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Monosodium Phosphate Market Size and Volume Forecast by Type
11.7.1. Food Grade Monosodium Phosphate
11.7.2. Industrial Grade Monosodium Phosphate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Monosodium Phosphate Demand Share, 2019-2026
12. Asia Pacific Monosodium Phosphate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Monosodium Phosphate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Monosodium Phosphate Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Feed
12.4.3. Water Treatment
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Monosodium Phosphate Market Size and Volume Forecast by Type
12.7.1. Food Grade Monosodium Phosphate
12.7.2. Industrial Grade Monosodium Phosphate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Monosodium Phosphate Demand Share, 2019-2026
13. Middle East & Africa Monosodium Phosphate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Monosodium Phosphate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Monosodium Phosphate Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Feed
13.4.3. Water Treatment
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Monosodium Phosphate Market Size and Volume Forecast by Type
13.7.1. Food Grade Monosodium Phosphate
13.7.2. Industrial Grade Monosodium Phosphate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Monosodium Phosphate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Monosodium Phosphate Market: Market Share Analysis
14.2. Monosodium Phosphate Distributors and Customers
14.3. Monosodium Phosphate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haifa Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Krishna Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Suanfarma
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nutryplus Ingredients
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NuGeneration Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Brenntag
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aditya Birla Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guizhou Lvyin Biotech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hubei Xingfa Chemicals Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Weifang Senya Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mitejima Chem
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shifang Sundia Chemical Industry
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangsu Mupro Food
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
