Market Share of Feed Phosphate Industry
The feed phosphate market is moderately consolidated, with a few active players, including The Mosaic Company, Eurochem, Potash Corp, PhosAgro, and OCP Group, occupying a considerable market share in 2022. These companies focus on expanding their businesses and undertaking strategies like mergers and acquisitions, expansions, and novel product innovations. Leading companies focused on acquiring feed mills and small manufacturing to expand their business in local and foreign markets. These companies focused on the expansion of the business across regions and setting up a new plant for increasing production capacity as well as a product line. The companies are also increasing the production capacities of their existing plants.
Feed Phosphate Market Leaders
The Mosaic Company
Eurochem
Phosagro
OCP Group
Potash Corporation
*Disclaimer: Major Players sorted in no particular order