Asia-Pacific feed phosphate market size was valued at USD 1.67 billion in 2024 and is anticipated to reach USD 1.73 billion in 2024 from USD 2.34 billion by 2033, growing at a CAGR of 3.8% from 2025 to 2033.
Phosphate is a vital nutrient to the animals for optimal fertility, growth, and bone development. But they couldn’t produce enough phosphate on their own, and hence, it is added to the animal feed to deliver the required nutritional content. There are various advantages related to phosphate feed usage, which include nutritional quality enhancement, meat quality improvement, and ease in feed digestibility.
Some of the factors, like the rising structuring of the pork and poultry industry, consumption of meat, and development of livestock during their growth stages, are responsible for driving the market. However, Stringent regulations, increasing expense of raw materials, and lesser availability of phosphate reserves are some of the key factors restraining the market.
South Korea. Asia-Pacific market dominates the market globally with the highest market share as well as the highest CAGR. This is due to the presence of developing countries like China and India and the growing demand for animal products. China accounted for around 23.5 % of the global share.
The key players in the market include The Mosaic Company, EuroChem Ltd., Potash Corp., PhosAgro, and OCP Group.
This research report on the Asia-Pacific feed phosphate market is segmented and sub-segmented into the following categories.
By Type
By Livestock
By Country
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