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Dipotassium Phosphate Market - Segmented By Application, And Geography - Growth, Trends, And Forecast 2022 to 2027

Published: January, 2022
ID: 6869
Pages: 175

Dipotassium Phosphate Market Value and Growth Rate:

The Global Dipotassium Phosphate Market was worth US$ XX million in 2021 and is anticipated to reach the valuation of US$ XX million by 2027 and is predicted to register a CAGR of X.X% during 2022-2027.

Dipotassium Phosphate Market Scenario:

Dipotassium Phosphate, sometimes known as DKP, is soluble in water salt and food additive that is a mixture of phosphate and phosphorus. It's a food-grade hygroscopic white powder that regulates pH and prevents alkalinity and acidity fluctuations. This phosphorus can be found in many forms in mineral supplements and multivitamins to meet the necessary and recommended dietary requirement of 700-750 milligrams per day for people.Dipotassium Phosphate is a white powdered inorganic substance that is created through chemical synthesis. It's most commonly used as a dietary supplement. Dipotassium phosphate has several uses, including creating buffer solutions and assisting in the production of trypticase soy agar, which is needed to generate agar plates. Dipotassium phosphate can also be used in medicine on occasion.Dipotassium Phosphate is manufactured in accordance with European Union food regulations. It's non-GMO, non-allergenic, kosher, and halal approved, and it follows Food Chemical Codex (FCC) guidelines. Dipotassium phosphate is generally regarded as chemically safe and stable. All of these food-related qualities enable dipotassium phosphate to generate a market for itself.

Dipotassium Phosphate Market Drivers:

The capacity to be utilised as a soluble buffer for coffee creamers is expected to drive the worldwide dipotassium phosphate market.

It also serves as a critical nutrient for the cultivation of antibiotics, yeast, and a variety of fermentation processes, fueling market demand. Milk proteins interact with dipotassium phosphate buffers.It prevents coagulation and is widely used as a buffering agent (mostly in the cheese-making sector) and acidity regulator. All of these applications of dipotassium phosphate in food increase market demand for the substance.One of the motivations recognised across the value chain is its potential to extend food shelf life and give correct and enhanced product texture. It functions as an emulsifier as well as a preservative. Dipotassium phosphate also acts as a humectant in some cases, restricting food from drying out.

Dipotassium Phosphate Market Restraints:

Excessive use of dipotassium phosphate tends to destabilise the salt balance that exists in our body and adversely affect the human body. This serves as a restrain to the global dipotassium phosphate market.

Recent Developments in the Global Dipotassium Phosphate Market:

In September 2021, Merck KGaA, which is a Germany based biopharmaceutical which also manufactures dipotassium phosphate, acquired a company called Acceleron.

Dipotassium Phosphate Market Segmentation: 

By Application:

  • Food Additive Use

  • Medical Use

Dipotassium Phosphate is also a food additive which is used to ensure that the proper amount of phosphate is present in the food. It aids in the preservation of the food's flavours and color while also limiting bacterial growth. It can also be employed as a preservative in a number of processed goods. Dipotassium Phosphate has a variety of uses in the food business, including flavours enhancers, color stabilizers, and preservatives. Currently, Food additive is dominant and holds a larger market share.

Dipotassium Phosphate is a nutrient that is vital to the body and is employed in medical procedures. It contains phosphorus, potassium, and magnesium ions, which are necessary for a variety of metabolic reactions in the body. Patients who are weak in these minerals can receive dipotassium phosphate intravenously or orally. It's also used to treat excessive blood pressure, heart failure, and a variety of other ailments.

By Type:

  • Dipotassium Phosphate Anhydrous

  • Dipotassium Hydrogen Phosphate Trihydrate

  • Dipotassium Phosphate Used in Coffee Mate

  • Potassium Phosphate dibasic Dipotassium Hydrogen Phosphate

KHPO is the chemical formula for Dipotassium Hydrogen Phosphate and holds the largest market share among the rest in this segment, an inorganic substance. It's an odourless, white substance that dissolves in water. Dipotassium Hydrogen Phosphate has the E number E339 and is used as a food ingredient. It's also employed in the pharmaceutical industry as an excipient. Dipotassium Hydrogen Phosphate is often used to keep emulsions stable and avoid crystal formation. It's also used to boost the flavour of foods. At 0.07 per cent of the diet, dipotassium hydrogen phosphate is safe to be consumed.

Global Dipotassium Phosphate Market Regional Analysis: 

The Global Dipotassium Phosphate Market Report includes the segmentation of Regions:

  • North America
    1. The U.S.

    2. Canada

    3. Mexico

In 2021, the Dipotassium Phosphate Market was dominated by the North American region which included both North America and Canada. The increased demand for food and pharmaceutical applications can be ascribed to the region's expansion. Furthermore, increased awareness of the importance of Dipotassium Phosphate is assisting in the market's expansion. As America and Canada rely heavily on processed foods and dipotassium phosphate serves as a food additive, the demand is set to increase at a rate of X.X%.

  • Asia Pacific
    1. China

    2. India

    3. Japan

    4. Australia

Over the period of 2022-2027, the Asian Pacific markets are forecasted to dominate and take the larger market share as China, India and Bangladesh are nations where processed foods are being manufactured. Also, as disposable incomes are increasing, the spending power of citizens is improving and they are opting for processed foods. Hence the dipotassium phosphate market is expected to boom in this region.

  • Europe
    1. The U.K.

    2. Germany

    3. Switzerland

    4. Belgium

In 2021, the European region which consists of the UK, Germany and France reported the second-highest use of dipotassium phosphate. The demand from this region is generated majorly due to the high number of medical industries in this region. As it is a hub for medicine production, dipotassium phosphate receives a steady demand. Also, since the disposable income of these nations is high and their diet contains a lot of processed foods, dipotassium phosphate markets receive a decent demand.

  • Latin America
    1. Brazil

    2. Argentina

  • Middle East & Africa
    1. South Africa

    2. Saudi Arabia

Dipotassium Phosphate Market Key Players:

  1. Chengdu Beluckey Technology Co. Ltd. (China)

  2. Merck KGaA(Germany)

  3. Chemische Fabrik Budenheim KG(Germany)

  4. Indiana Chem Port (India)

  5. Fosfa A.S. (Czech Republic)

  6. Apex Maritime (Thailand)

  7. Lianyungang Mupro Fi Plant. (China)

  8. Aditya Birla Chemicals (India)

  9. Haifa Chemicals (Israel)

  10. Creative Enzymes (US)

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Application                 

                                5.1.1 Introduction           

                                5.1.2 Dairy Products       

                                5.1.3 Meat Processing   

                                5.1.4 Coffee Creamer    

                                5.1.5 Thickener

                                5.1.6 Meat Treatment and Preparation 

                                5.1.7  Y-o-Y Growth Analysis, By Application        

                                5.1.8  Market Attractiveness Analysis, By Application      

                                5.1.9  Market Share Analysis, By Application       

                5.2 Type                              

                                5.2.1 Dipotassium Phosphate Anhydrous             

                                5.2.2 Dipotassium Hydrogen Phosphate Trihydrate         

                                5.2.3 Dipotassium Phosphate Used in Coffee Mate         

                                5.2.4 Potassium Phosphate dibasic          

                                5.2.5 Dipotassium Hydrogen Phosphate               

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Biocel                            

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Foodchem International Corporation                              

                8.3 FBC Industries                           

                8.4 Aditya Birla Chemicals                            

                8.5 TKI Hrastnik                

                8.6 Prayon SA                   

                8.7 Jiangsu Mupro IFT CORP.                      

                8.8 Haifa Chemicals Ltd.                

                8.9 Shifang Talent Chemical                        

                8.10 BANGYE Inc.                            

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Global Dipotassium Phosphate Market By Region, From 2022 - 2027 ( USD Million )

  2. Global Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  3. Global Dairy Products Market By Region, From 2022 - 2027 ( USD Million )

  4. Global Meat Processing Market By Region, From 2022 - 2027 ( USD Million )

  5. Global Coffee Creamer Market By Region, From 2022 - 2027 ( USD Million )

  6. Global Thickener Market By Region, From 2022 - 2027 ( USD Million )

  7. Global Meat Treatment and Preparation Market By Region, From 2022 - 2027 ( USD Million )

  8. North America Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  9. North America Dairy Products Market By Region, From 2022 - 2027 ( USD Million )

  10. North America Meat Processing Market By Region, From 2022 - 2027 ( USD Million )

  11. North America Coffee Creamer Market By Region, From 2022 - 2027 ( USD Million )

  12. North America Thickener Market By Region, From 2022 - 2027 ( USD Million )

  13. North America Meat Treatment and Preparation Market By Region, From 2022 - 2027 ( USD Million )

  14. United States Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  15. Canada Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  16. Europe Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  17. Europe Dairy Products Market By Region, From 2022 - 2027 ( USD Million )

  18. Europe Meat Processing Market By Region, From 2022 - 2027 ( USD Million )

  19. Europe Coffee Creamer Market By Region, From 2022 - 2027 ( USD Million )

  20. Europe Thickener Market By Region, From 2022 - 2027 ( USD Million )

  21. Europe Meat Treatment and Preparation Market By Region, From 2022 - 2027 ( USD Million )

  22. U.K. Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  23. Germany Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  24. France Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  25. Italy Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  26. Spain Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  27. Asia Pacific Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  28. Asia Pacific Dairy Products Market By Region, From 2022 - 2027 ( USD Million )

  29. Asia Pacific Meat Processing Market By Region, From 2022 - 2027 ( USD Million )

  30. Asia Pacific Coffee Creamer Market By Region, From 2022 - 2027 ( USD Million )

  31. Asia Pacific Thickener Market By Region, From 2022 - 2027 ( USD Million )

  32. Asia Pacific Meat Treatment and Preparation Market By Region, From 2022 - 2027 ( USD Million )

  33. Japan Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  34. China Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  35. India Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  36. Australia Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  37. South Korea Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  38. Latin America Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  39. Latin America Dairy Products Market By Region, From 2022 - 2027 ( USD Million )

  40. Latin America Meat Processing Market By Region, From 2022 - 2027 ( USD Million )

  41. Latin America Coffee Creamer Market By Region, From 2022 - 2027 ( USD Million )

  42. Latin America Thickener Market By Region, From 2022 - 2027 ( USD Million )

  43. Latin America Meat Treatment and Preparation Market By Region, From 2022 - 2027 ( USD Million )

  44. Brazil Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  45. Argentina Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  46. Mexico Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  47. Rest of Latin America Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  48. Middle East and Africa Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  49. Middle East and Africa Dairy Products Market By Region, From 2022 - 2027 ( USD Million )

  50. Middle East and Africa Meat Processing Market By Region, From 2022 - 2027 ( USD Million )

  51. Middle East and Africa Coffee Creamer Market By Region, From 2022 - 2027 ( USD Million )

  52. Middle East and Africa Thickener Market By Region, From 2022 - 2027 ( USD Million )

  53. Middle East and Africa Meat Treatment and Preparation Market By Region, From 2022 - 2027 ( USD Million )

  54. Middle East Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

  55. Africa Dipotassium Phosphate Market By Application, From 2022 - 2027 ( USD Million )

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