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| Global Calcium Hypophosphite Market Size |
The global calcium hypophosphite market is estimated to be valued at US$ 259.67
billion in 2024 and is expected to exhibit a CAGR of 12% over the
forecast period from 2024 to 2030.
Calcium hypophosphite finds wide applications in
various end-use industries including food & beverages, chemicals,
agriculture, healthcare, and others due to its properties such as
anticorrosive, flame retardant, and reducing agent. It is majorly used as an
anticaking and antioxidant agent in food additives and as a reducing and iron
sequestrant agent in the metal treatment industry. Growing demand from the food
processing industry owing to stringent food safety regulations is anticipated
to propel the market growth over the coming years.
Key Takeaways
Key players operating in the calcium hypophosphite market are Amgen Inc.,
Samsung Bioepis Co., Ltd., Sandoz International GmbH (Novartis AG), Mylan N.V.,
Boehringer Ingelheim International GmbH, Pfizer Inc., Fresenius Kabi AG,
Coherus BioSciences, Inc., Biogen Inc., AbbVie Inc., Celltrion Inc., Amneal
Pharmaceuticals, Inc., and Lupin Pharmaceuticals, Inc. These players are
focusing on business expansion strategies such as new product launches,
acquisitions, and partnerships to gain a competitive advantage in the market.
The key opportunities in the Global
Calcium Hypophosphite Market Size include expanding application scope
in end-use industries and growing demand from emerging economies of Asia
Pacific and Latin America. Several companies are investing in these regions to
tap the business opportunities arising from increasing industrial &
infrastructural activities.
Global expansion remains a top priority for major players to strengthen their
geographical footprint. Many regional & local manufacturers are entering
long-term supply agreements with international buyers and raw material
suppliers to gain access to global procurement networks.
Market Drivers
Stringent food safety regulations mandating the use of calcium hypophosphite as
a preservative and antioxidant in processed foods and beverages is a major
market driver. It helps extend the shelf life of products without compromising
flavor and nutritional quality.
Market Restraints
Volatility in raw material prices owing to supply chain disruptions stemming
from geopolitical tensions and natural calamities pose a major challenge for
calcium hypophosphite manufacturers. Fluctuations in prices of key feedstocks
including phosphoric acid and calcium oxide affect the overall production
costs.
Segment Analysis
The calcium hypophosphite market is dominated by the feed grade sub-segment due
to its wide applications in the animal feed industry. Calcium hypophosphite is
used as a preservative, antioxidant, disinfectant, and antimicrobial agent in
animal feed and pet food. It helps improve weight gain and protects the quality
and freshness of feed ingredients. Hence, the feed grade sub-segment accounts
for over 40% share in the global calcium hypophosphite market.
Global Analysis
The Asia Pacific region is projected to witness the highest growth in the calcium
hypophosphite market during the forecast period. This is majorly owing to the
rising demand for meat and poultry from countries like China and India.
Additionally, the growth of the feed industry due to the expansion of animal
farming is also fueling the demand for calcium hypophosphite as a feed additive
in the Asia Pacific region. Countries like China, India, and South Korea are
anticipated to emerge as highly lucrative markets and record faster growth.
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