Latin America Dipotassium Phosphate Market By Application (Dairy Products, Meat Processing, Coffee Creamer, Thickener, And Meat Treatment And Preparation) By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029

Updated On: January, 2024

ID: 6876

Pages: 145

Latin America Dipotassium Phosphate market Size, Share, Growth (2022-2027)

Latin America Dipotassium Phosphate market size was around USD XX million in 2022 It is expected to grow at a CAGR of XX% to reach USD XX million by 2027

Latin America Dipotassium Phosphate market Overview

Dipotassium Phosphate is a water soluble salt and a food additive that is an amalgam of phosphate and phosphorus and is also commonly known as DKP. It is food grade hygroscopic that stabilizes pH and also prevents severe fluctuation in alkalinity and acidity. This phosphorus is present in supplements, minerals and multivitamins in different forms in order to accommodate required and stipulated dietary pay of 700-750 milligrams a day for adults. It is an inorganic compound that is prepared by chemical synthesis, and is available as white powder. The market is primarily driven by the ability of Dipotassium Phosphate to be utilized as soluble buffer for the coffee creamers. It also acts as a major nutrient for culturing yeast, antibiotics, and numerous other fermentation processes. It prevents coagulation, and is used widely as buffering agent (majorly in cheese making industry) and controls acidity. All these utilization of dipotassium phosphate for food, fuels market demand for the product. Its ability to elongate the shelf life and to deliver proper and improved product texture is also one of the factors identified across the value chain. It also performs the role of humectants sometimes thereby, preventing food from drying.Extreme usage of dipotassium phosphate salt is likely to upset balance of phosphates in the body coupled with other chemicals and can also cause health issues.