Global Dicalcium Phosphate Market: Introduction
Dicalcium phosphate is also known as the calcium hydrogen phosphate dehydrate or dibasic calcium phosphate with the molecular formula CaHPO4. The ‘di’ prefix indicates the formation of the HPO42– anion, which involves the removal of two protons from phosphoric acid (H3PO4). Dicalcium phosphate is mostly used as a dietary supplement. It is commonly found as a dehydrate; however, it can be converted into an anhydrous form by applying heat. It is insoluble in water and biomaterial in nature. Dicalcium phosphate contains a minimum 19% of phosphorus content and maximum 28% of calcium content, therefore, it is used as a source of phosphorus and calcium. This phosphate is employed as a tableting agent in medicinal formulations and some products that are meant to eliminate body odor. Dicalcium phosphate is used in toothpastes as tartar control agent and poultry feed. Furthermore, improvements in lifestyle and growing purchasing power of consumers are estimated to drive the dicalcium phosphate market.
Global Dicalcium Phosphate Market: Segmentation
The global dicalcium phosphate market can be segmented based on process, application, and region. In terms of process, the market can be bifurcated into phosphoric acid and hydrochloric acid. The phosphoric acid segment is projected to expand at a rapid pace during the forecast period. This process requires low capital investment and yields high purity product. This is estimated to increase the demand for dicalcium phosphate during the forecast period.
Based on application, the dicalcium phosphate market can be classified into animal feed, fertilizers, food & beverage, pharmaceuticals, cosmetics, and others. The fertilizers segment is projected to expand at a rapid pace during the forecast period. Rising demand for dicalcium phosphate-based fertilizers and continuous developments in the agriculture segment is projected to fuel the demand for dicalcium phosphate during the forecast period. Dicalcium phosphate is mostly used as a dietary supplements, especially to prepare breakfast cereals, dog treats, enriched flour, and noodle products due to its rich calcium and phosphate content. Increasing awareness related to health, rising consumption of dietary products, and growing population are expected to propel the market during the forecast period. Additionally, dicalcium phosphate is used as food additive, rapid expansion of the dairy & food industry and rise in meat consumption in emerging economies are projected to boost the demand for dicalcium phosphate during the forecast period.
Global Dicalcium Phosphate Market: Regional Outlook
In terms of region, the global dicalcium phosphate market can be divided into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. North America is expected to remain a leading region of the market during the forecast period. Growing awareness related to health and increasing demand for dietary products, and rising population are projected to drive the market in the region. Increasing usage of dicalcium phosphate in the manufacture of medicines and other health care products is estimated to drive the demand for this phosphate during the forecast period. The market in South Africa is anticipated to expand at a sluggish pace due to poor economy and lack of technological advancements in the country during the forecast period.
Global Dicalcium Phosphate Market: Key Players
The global dicalcium phosphate market is fragmented. Large numbers of companies operate at global and regional levels. Major companies include Kemapco Arab Fertilizers & Chemicals Industries LTD, CAP Biomaterials, LLC, Merck KGaA, Hindustan Phosphates Pvt. Ltd., AARTI INDUSTRIES LIMITED, Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Mitushi Biopharma, Bamni Proteins Limited, and Guizhou Zerophos Chemical Co., Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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