Product Code: ETC192576 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Sodium Phosphate market currently, in 2023, has witnessed an HHI of 4536, Which has decreased moderately as compared to the HHI of 4550 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India sodium phosphate market is poised to witness a healthy growth of 5.5% during 2025-2031, with the rising demand from food and beverage industry players for its use in processed foods. The growing awareness regarding the health benefits of phosphates has further driven its usage across end-user industries such as pharmaceuticals, agriculture, animal feed, and other industrial applications. Additionally, the increasing disposable income among consumers has also played a vital role in boosting the sales of products that contain sodium phosphates as an ingredient. Moreover, many government initiatives are being taken to promote research activities related to this product which is expected to stimulate its demand over the forecast period (2025-2031).
The key drivers contributing towards growth in India Sodium Phosphate market include ever-increasing technological advancements coupled with high investments by governments and private companies along with an upsurge in utilization across various industries such as food & beverages manufacturing units due to cost effectiveness. Other factors driving this sector include rising consumer demand for convenience foods containing preservatives or additives like sodium phosphate; increasing health consciousness amongst people; availability of diverse forms/ grades resulting into enhanced application scope; easy accessibility through both offline & online channels etc., providing impetus on overall consumption pattern over near future.
Some of major challenges faced by industry participants operating within India Sodium Phosphate market space are stringent regulations imposed by authorities relative to environment safety concerns hampering production process at certain level while escalating raw material prices restricting any room for significant margin accumulation by suppliers/manufacturers working within this domain limiting their profit potentiality further down line. Besides these points mentioned above there have been cases witnessed wherein inferior quality standards leading onto non compliance issues have posed troubles on part of brand owners associated specifically with fast moving consumer goods (FMCG) segment adding additional pressure onto them while deciding upon sourcing aspects conclusively but nevertheless strict vigil maintained throughout entire value chain helping avoiding any form unwanted situations coming forth adversely affecting sustainability factor eventually leading towards long term operational hindrances if neglected timely!
There are several key players operating within IndiaSodium Phosphate market including Akzo Nobel NV (BASF SE), GFS Chemicals Inc., Honeywell International Inc., Innophos Holdings Inc., Macco Organiques Inc., Solvay SA ,Strem Chemicals Inc.; Amfotech Industries Pvt Ltd; Atul
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 India Sodium Phosphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium Phosphate Market - Industry Life Cycle |
3.4 India Sodium Phosphate Market - Porter's Five Forces |
3.5 India Sodium Phosphate Market Revenues & Volume Share, By By Distribution Channel, 2021 & 2031F |
3.6 India Sodium Phosphate Market Revenues & Volume Share, By By Application, 2021 & 2031F |
3.7 India Sodium Phosphate Market Revenues & Volume Share, By By End-Use, 2021 & 2031F |
4 India Sodium Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium Phosphate Market Trends |
6 India Sodium Phosphate Market, By Types |
6.1 India Sodium Phosphate Market, By By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Phosphate Market Revenues & Volume, By By Distribution Channel, 2021-2031F |
6.1.3 India Sodium Phosphate Market Revenues & Volume, By Online Retailing, 2021-2031F |
6.1.4 India Sodium Phosphate Market Revenues & Volume, By Offline Retailing, 2021-2031F |
6.2 India Sodium Phosphate Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sodium Phosphate Market Revenues & Volume, By Leavening & Emulsifying Agent, 2021-2031F |
6.2.3 India Sodium Phosphate Market Revenues & Volume, By Processed Food Stabilizing, 2021-2031F |
6.2.4 India Sodium Phosphate Market Revenues & Volume, By pH Balance & Saline Laxatives, 2021-2031F |
6.2.5 India Sodium Phosphate Market Revenues & Volume, By Other, 2021-2031F |
6.3 India Sodium Phosphate Market, By By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India Sodium Phosphate Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.3.3 India Sodium Phosphate Market Revenues & Volume, By Medical & Pharmaceutical, 2021-2031F |
6.3.4 India Sodium Phosphate Market Revenues & Volume, By Personal Care & Water Treatment, 2021-2031F |
6.3.5 India Sodium Phosphate Market Revenues & Volume, By Others, 2021-2031F |
7 India Sodium Phosphate Market Import-Export Trade Statistics |
7.1 India Sodium Phosphate Market Export to Major Countries |
7.2 India Sodium Phosphate Market Imports from Major Countries |
8 India Sodium Phosphate Market Key Performance Indicators |
9 India Sodium Phosphate Market - Opportunity Assessment |
9.1 India Sodium Phosphate Market Opportunity Assessment, By By Distribution Channel, 2021 & 2031F |
9.2 India Sodium Phosphate Market Opportunity Assessment, By By Application, 2021 & 2031F |
9.3 India Sodium Phosphate Market Opportunity Assessment, By By End-Use, 2021 & 2031F |
10 India Sodium Phosphate Market - Competitive Landscape |
10.1 India Sodium Phosphate Market Revenue Share, By Companies, 2024 |
10.2 India Sodium Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |