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Global Calcium Phosphate Market 2020-2024

LONDON--(BUSINESS WIRE)--The global calcium phosphate market size is poised to grow at a CAGR of almost 6% during the period 2020-2024, according to the latest market research report by Technavio.

Calcium phosphate is used as an animal feed additive to improve metabolic functions and reduce the effects of heat distress. Calcium phosphates also supply essential minerals for the development of strong teeth and bones in livestock, poultry, and pets. Some feed-grade calcium phosphates being used more frequently include DCP, MCP, and TCP. In addition, the global poultry and cattle agriculture has grown considerably over the years and was valued at 62.02 million heads in 2017. Thus, the rising poultry and cattle farming activities across the globe will boost the consumption of calcium phosphate as an animal feed additive during the forecast period.

To learn more about the global trends impacting the future of market research, download free sample:'report=IRTNTR40757

As per Technavio, the increasing use of calcium phosphate in bone regeneration application will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2020-2024.

Calcium Phosphate Market: Use of Calcium Phosphate in Bone Regeneration Application

The osteoconductive properties of calcium phosphate has increased its use in bone regeneration applications. Calcium phosphate exhibits superior properties, such as high solubility, high stability, and excellent mechanical strength. In addition, calcium phosphate is also used in bone regeneration as it increases osteoconductivity for bone ingrowth, enhances osteoinductivity for bone mineralization with ion release control, and encapsulates drugs. Thus, the increasing demand for osteoporosis drugs across the globe will drive the growth of the market.

“Reduction in arable land and the surge in demand for water treatment chemicals will have a significant impact on the growth of the calcium phosphate market value during the forecast period,” says a senior analyst at Technavio.

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Calcium Phosphate Market: Segmentation Analysis

This market research report segments the calcium phosphate market by end-user (agriculture, animal feed, food and beverages, pharmaceuticals, water treatment, and others), and geographical regions (APAC, Europe, MEA, North America, and South America).

The APAC region led the market in 2018, followed by South America, Europe, North America, and MEA respectively. The growth of the calcium phosphate market share in APAC can be attributed to factors such as the increasing demand from the food and beverage, and agriculture industry in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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» Publication Date: 08/01/2020

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