Global Calcium Phosphate Tribasic Market Size (2024-2030)

In 2023, the Global Calcium Phosphate Tribasic Market was valued at USD 384.02 Million and is projected to reach a market size of USD 558.63 Million by 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 5.5%.

Industry Overview

One of the main minerals that can be found in nature in large quantities and a variety of forms is calcium phosphate, which is created from a combination of calcium and phosphorous. It is a crucial part of biological hard tissue and is present in substantial amounts in teeth and bone, giving them stiffness and hardness. It takes the form of carbonated hydroxyapatite. The crystalline structure of calcium phosphates is used in medicinal applications to help restructure bone minerals. In salts, sauces, and baked goods, calcium phosphate is frequently employed as a leavening agent. Additionally, it improves calcium content and is a common ingredient in calcium supplements. Additionally, it is crucial in preventing and treating calcium deficits.

The chemical is utilized in a variety of applications and comes in a variety of forms. Amorphous calcium phosphate, tetra calcium phosphate, biphasic calcium phosphate, octa calcium phosphate, apatite, hydroxyapatite, tricalcium phosphate, dicalcium phosphate, and monocalcium phosphate are a few of the several forms of calcium phosphate. The production of dental care items like toothpaste will increase the need for calcium phosphate, which is anticipated to be a major component in the market's growth. The product has a wide range of uses in the production of tablets and is utilized as a source of minerals in the pharmaceutical business. Furthermore, during the next seven years, growth is anticipated to be positively impacted by rising demand for the product as diluents in medicinal formulations.

The uses of calcium phosphate are divided into four categories: food and beverage, agricultural, pharmaceuticals, and industrial. Due to the steadily expanding end-user applications, the worldwide calcium phosphate market is anticipated to expand at a CAGR of more than 5.8% over the forecast period. In the historic year 2015, the Asia-Pacific region dominated the market, and it is anticipated that it will continue to do so. North America will come in second, and then Europe. Growth in this area is anticipated to be significantly influenced by the region's expanding food and beverage and agricultural industries. The calcium phosphate market is anticipated to expand significantly in North America due to the presence of the major pharmaceutical firms there, including Pfizer, Merck & Co., and Roche.

Impact of Covid-19 on the Industry

The COVID-19 pandemic outbreak is predicted to cause a downturn in the worldwide calcium phosphate industry during the next few years. Lockdown measures taken by various governments have caused factory closures in several cities and provinces throughout the world, raising concerns about a sudden decline in the production of the chemical industry in the agricultural sector. Additionally, one of the main elements anticipated to negatively influence the expansion of the calcium phosphate market is the recent drop in the chemical sector. Due to the mismatch in supply and demand caused by this, both providers and customers have had to renegotiate their supply agreements. However, the increased need for calcium phosphate from the pharmaceutical sector and outbreak is anticipated to augment market growth during the forecast period.

Market Driver

Rising demand in the food industry will drive the market growth

The spike in demand for food, nutritional, and bakery products to improve the calcium content in food is what is fueling the expansion of the worldwide calcium phosphate market. Additionally, it is anticipated that a rise in per capita income and an increase in literacy rates would fuel a global market for items that promote healthy eating. During the forecast period, a rise in demand for high-quality food items and nutrient-dense foods to offer diet or infant food fortification with calcium, magnesium, iron, and phosphorus is anticipated to positively impact market growth. The product is utilized as a source of minerals in the pharmaceutical sector and has a wide range of applications for making tablets, which is anticipated to have a favorable influence on growth over the next seven years.

Rising demand in the agriculture sector as an essential ingredient in fertilizers will drive the market growth

The growing demand for calcium phosphate, a component used in the production of fertilizer, is anticipated to create opportunities for market growth throughout the projected period. Agriculture is also anticipated to be one of the key industries in growing regions. Demand for fertilizers that improve crop quality and production is predicted to increase, which will increase the demand for calcium phosphate. The market is projected to be favorably impacted and new development opportunities are anticipated as agricultural businesses and farmers become more aware of scientific approaches to produce more and boost returns. Additionally, manufacturers support a variety of strategies, such as mergers, acquisitions, and joint ventures, which finally result in the inorganic development of the calcium phosphate industry.

Market Restraints

The stringent government rules and regulations will challenge the market growth

The use of phosphate-based fertilizers and cosmetics has been outlawed by governments in several nations, including Germany, Spain, and Italy. This is anticipated to impede market expansion. Many governments consider these fertilizers to be harmful to consumers’ health.

CALCIUM PHOSPHATE TRIBASIC MARKET REPORT COVERAGE:

This research report on the global calcium phosphate tribasic market has been segmented and sub-segmented based on, type, application, and Geography & region.

Global Calcium Phosphate Tribasic Market- By Type

• Food Grade
• Feed Grade
• Pharmaceutical Grade
• Industrial Grade

Food Grade, Feed Grade, Pharmaceutical Grade, and Industrial Grade make up the category. The degree and acceptability of food additives and preservatives rise as the food and beverage business expands rapidly on the market. Tricalcium phosphate is mostly used as an anti-caking agent to stop food items from forming lumps that would otherwise form the cake foundation. Tricalcium phosphate has been deemed safe for use in humans and is used as a nutritional supplement. Due to stricter quality criteria than those for feed grade, the food-grade category holds a larger market share. As a result, the cost of food-grade tricalcium phosphate also rises significantly.

Global Calcium Phosphate Tribasic Market- By Application

• Food Additives
• Feed Additives
• Medical Use
• Other

Food additives, feed additives, medical use, and other categories make up this category. Tricalcium phosphate is mostly used by the pharmaceutical sector since it is a supplement form of calcium phosphate that has no adverse effects and is well-accepted because of its bio-medical qualities. The most popular and cost-effective type of calcium citrate and calcium carbonate supplements is tri-calcium (without food).

When autogenous bone grafting is not an option, tri-calcium phosphate is frequently utilized to repair missing bone tissue. Both singly and in conjunction with biodegradable, absorbable polymers like polyglycolic acid, and tri-calcium is employed. Tri-calcium phosphates are also used in drug delivery systems for local medication distribution in bones as tri-calcium phosphate scaffolds. The worldwide tricalcium phosphate market is currently dominated by the medicinal use sector.Due to its numerous uses as an anti-caking agent, which stops table salt from caking and prevents moisture, the food additive is the second-dominating tricalcium phosphate market.

Global Calcium Phosphate Tribasic Market- By Geography & Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa

Due to a booming economy and the middle-class populations of emerging nations, the Asia Pacific region dominates the tricalcium phosphate industry and accounts for a sizable portion of its revenue. Tricalcium phosphate manufacturers are increasing their investments in the development of nutritional bars and packaged food products in response to the growing demand for nutritious food supplements and additives due to growing knowledge of the health advantages of the substance. Tricalcium phosphate is currently produced and consumed in greater quantities in China. As a result, the tri-calcium phosphate market in the Asia Pacific region is growing and becoming more innovative thanks to manufacturers in the pharmaceutical sector.

Due to the dominance of major pharmaceutical firms like Pfizer, Merck & Co., and Roche in the region, the calcium phosphate market in North America is anticipated to develop significantly over the coming years. The region's advanced healthcare system and an aging population are anticipated to have a beneficial influence on the pharmaceutical industry's expansion, which is anticipated to increase demand for calcium phosphate throughout the anticipated period.

Due to the growing attention that governments are giving to public health and the expanding investment in the pharmaceutical industry in nations like Germany, Spain, the United Kingdom, and Italy, the European Union is predicted to see considerable market expansion. Additionally, efforts made by manufacturers in R&D to create new medications are anticipated to improve demand for drug diluents, which is anticipated to increase calcium phosphate demand during the following seven years. Brazil is anticipated to lead the product market in Latin America, notably in agrochemical applications, as a result of the country's rapid expansion of its agricultural industry.

Over the next seven years, the growth of the calcium phosphate market is anticipated to be positively impacted by evolving consumer eating patterns and increased demand for nutrient-dense processed food items in the Middle East. Over the next seven years, the pharmaceutical business is anticipated to increase in the Middle East, particularly in Saudi Arabia, as a result of growing health expenditures and government backing. The pharmaceutical business in the area is anticipated to gain access to new markets as a result of rising foreign investment, which is also expected to boost product demand.

Global Calcium Phosphate Tribasic Market- By Companies

1. Innophos
2. Trans-Tech, Inc
3. NEI
4. ICL Performance Products
5. Prayon
6. Haotian Pharm
7. Wengfu Group
8. Yuwei Biological
9. Shanghai Caifeng
10. Lianxing Chemical
11. Hubei Xingfa Chemicals
12. Lianyungang Dongzhou
13. Great Chemicals
14. Chengxing Group
15. Debang Fine Chemical
16. Zhengrong Food Additive

NOTABLE HAPPENINGS IN THE GLOBAL CALCIUM PHOSPHATE TRIBASIC MARKET IN THE RECENT PAST:

• Merger & Acquisition: - In 2021, Through its recently established subsidiary ENERGYneering Solutions, LLC, TransTech Energy ("TransTech" - a Bridge Industries LLC ("Bridge") portfolio company) announces that it has acquired a majority stake in ENERGYneering Solutions, Inc. ("Energyneering / ESI"), a well-known technical services provider in the biogas sector.
• Merger & Acquisition: - In 2021, In order to broaden its selection of fragrance chemicals and take use of multi-location manufacturing and distribution systems, Rajen Mariwala's Eternis Fine Chemicals purchased UK-based Tennants Fine Chemicals for an unknown price.
• Merger & Acquisition: - In 2019, According to CRU, the proposed merger of Chinese phosphate producers Wengfu and Kailin has advanced significantly in recent weeks and is likely to be finished by the end of June.