Market Forecast by Countries (United States, Canada), By Application (Agriculture, Animal feed, Food and beverages, Pharmaceuticals, Others) And Competitive Landscape
Product Code: ETC182707 | Publication Date: May 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Dicalcium Phosphate Market |
Forecast period | 2025-2031 |
CAGR | 4.2% |
Growing Sector | Agriculture |
The North America Dicalcium Phosphate Market report thoroughly covers the market by Countries and Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America Dicalcium Phosphate Market is projected to experience a steady growth rate from 2025 to 2031 due to the increasing demand for animal feed supplements in the region. Dicalcium phosphate, which is used as a dietary supplement for animals, provides essential minerals for bone health and growth. The rise in population and consumption of animal-based products are key drivers behind this market's growth.
According to 6Wresearch, the North America Dicalcium Phosphate Market size is expected to grow at a significant CAGR of 4.2% during 2025-2031. One of the key drivers for this market is the growing demand for animal feed. As the population is rising, there is a need for more food production. This has led to a rise in meat consumption, resulting in an increased demand for livestock. Dicalcium phosphate is an essential ingredient in animal feed as it provides necessary nutrients for the growth and development of animals, leading to better quality and quantity of meat production. Moreover, dicalcium phosphate is also widely used in fertilizers as it helps in providing essential nutrients to the soil. With the rising demand for food crops, there is an increasing need for effective fertilizers to enhance crop yield. This has further fueled the demand for dicalcium phosphate in the North American market.
However, despite its numerous benefits, there are certain challenges that may hinder the growth of this market. One such challenge is the availability of alternatives such as monocalcium phosphate and tricalcium phosphate. These alternatives are cheaper and can be used as substitutes for dicalcium phosphate, thus posing a threat to the market. Another major challenge is the strict regulations and guidelines set by government bodies regarding the usage of dicalcium phosphate in animal feed and fertilizers. This limits the use of dicalcium phosphate, especially in organic farming.
North America is one of the prominent regions in the global dicalcium phosphate market. The region has a strong presence of leading players, such as Potash Corporation of Saskatchewan Inc., Innophos Holdings, and Phosphea Group. These players have established a significant market share through their wide range of dicalcium phosphate products and strategic partnerships with key distributors. Other important players in this market include Lomon Billion Group, Guizhou CP Group, EuroChem, Yunnan Copper Shengwei Chemical Co., Ltd., and Ecophos Group, among others. These players are continuously focused on expanding their product portfolios and enhancing their distribution channels to cater to the growing demand for dicalcium phosphate in various industries.
The North American market for dicalcium phosphate is subject to several government initiatives aimed at promoting the use of safe and high-quality feed additives. The Food and Drug Administration (FDA) in the United States has established strict regulations for the use of dicalcium phosphate as a food additive in animal feed. These regulations ensure that all dicalcium phosphate products used in the region meet safety and quality standards. Additionally, various government organizations such as the U.S. Department of Agriculture (USDA) and Health Canada have also implemented regulations to control the use of dicalcium phosphate in animal feed.
The North America dicalcium phosphate market is expected to witness significant growth in the coming years due to increasing demand for high-quality animal feed and a rise in population, leading to higher demand for meat products. The growing awareness about the benefits of using dicalcium phosphate as a nutritional supplement in animal feed is also expected to drive market growth. Furthermore, advancements in technology and innovations in the production process are likely to result in increased efficiency and cost-effectiveness of dicalcium phosphate, further boosting the market growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the animal feed segment is currently leading in terms of growth. With the rising consumption of meat products and growing awareness about animal nutrition, there has been a significant increase in the use of dicalcium phosphate as a feed supplement.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Dicalcium Phosphate Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Dicalcium Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 North America Dicalcium Phosphate Market - Industry Life Cycle |
3.4 North America Dicalcium Phosphate Market - Porter's Five Forces |
3.5 North America Dicalcium Phosphate Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Dicalcium Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 North America Dicalcium Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Dicalcium Phosphate Market Trends |
6 North America Dicalcium Phosphate Market, 2021-2031 |
6.1 North America Dicalcium Phosphate Market, Revenues & Volume, By Application, 2021-2031 |
7 United States Dicalcium Phosphate Market, 2021-2031 |
7.1 United States Dicalcium Phosphate Market, Revenues & Volume, By Application, 2021-2031 |
8 Canada Dicalcium Phosphate Market, 2021-2031 |
8.1 Canada Dicalcium Phosphate Market, Revenues & Volume, By Application, 2021-2031 |
9 North America Dicalcium Phosphate Market Key Performance Indicators |
10 North America Dicalcium Phosphate Market - Opportunity Assessment |
10.1 North America Dicalcium Phosphate Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Dicalcium Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
11 North America Dicalcium Phosphate Market - Competitive Landscape |
11.1 North America Dicalcium Phosphate Market Revenue Share, By Companies, 2024 |
11.2 North America Dicalcium Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |