Food Grade Phosphoric Acid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Food Grade Phosphoric Acid Market Trends and is Segmented by Application (Food, Beverage, and Pharmaceutical) and Geography (North America, Europe, Asia-Pacific, South America, and Rest of the World).

Food Grade Phosphoric Acid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Food Grade Phosphoric Acid Market Size

Food Grade Phosphoric Acid Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 2.52 Billion
Market Size (2030) USD 2.99 Billion
CAGR (2025 - 2030) 3.44 %
Fastest Growing Market Asia-Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Food Grade Phosphoric Acid Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Food Grade Phosphoric Acid Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Food Grade Phosphoric Acid Market Analysis

The Food Grade Phosphoric Acid Market size is estimated at USD 2.52 billion in 2025, and is expected to reach USD 2.99 billion by 2030, at a CAGR of 3.44% during the forecast period (2025-2030).

High consumption of beverages remained one of the key factors, driving the market studied, during the forecast period. Despite rising concern against the detrimental attributes of soft drinks, the sector lays vast scope for the niche ingredients like phosphoric acid, about the robust consumption share of cola drinks in the overall soft drink industry. Moreover, companies, promoting their products and supplementing their sales, are constantly emphasizing the fact that phosphorus acid, when taken in small quantities, causes no harm. For instance, Pepsi, in response to several epidemiological studies, stated a research finding about the health-effectiveness of phosphoric acids. Additionally, companies like Coca-Cola are even comparing the incorporated phosphorus content with food products, including milk, rice, and chicken, to gain consumers' confidence.

The market studied is increasingly being driven by its evolving role as a food additive in a variety of processed food products. Thus, the growing demand for preservative food products, especially in the beverage industry, is providing a thrust to the market. Furthermore, the multidimensional role of food-grade phosphoric acid in the leavening process of baking, moisture, color, texture, and flavor retention, and its important role as an anti-caking agent is augmenting the growth of the market studied. Hence, brands such as Bell Chem have been offering food-grade phosphoric acid that acts as a food source for yeast and is often employed as an ingredient to leaven baked goods.

Food Grade Phosphoric Acid Industry Overview

The leading players in the food-grade phosphoric acid market enjoy a dominant presence worldwide. However, the market studied is highly fragmented in nature due to the presence of a huge number of players in the market. These players focus on leveraging opportunities posed by emerging markets to expand their product portfolios to cater to the requirements of various industries, especially the food processing industry. Some of the major players in the market include Brenntag SE, OCP SA, Grasim Industries Limited, Prayon SA, and Guangxi Qinzhou Capital Success Chemical Co. Ltd. The players adopt strategies such as expansions and product innovations to maintain their stronghold in the market. Such strategies help the players efficiently cater to the end-user demand and maintain a leading position in the market.

Food Grade Phosphoric Acid Market Leaders

  1. Brenntag AG

  2. OCP SA

  3. Prayon SA

  4. Guangxi Qinzhou Capital Success Chemical Co. Ltd

  5. Grasim Industries Limited

  6. *Disclaimer: Major Players sorted in no particular order
Food Grade Phosphoric Acid Market Concentration
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Food Grade Phosphoric Acid Market News

  • January 2023: Prayon, a major operator in the phosphorus industry, announced the successful acquisition of its shares in Febex, the dominant player in the phosphoric acid market in Europe, from Arkema.
  • March 2022: Spectrum Chemical Mfg Corp., a supplier of fine chemicals, laboratory supplies, and equipment, revealed that it had expanded its line of chemicals and the bioCERTIFIEDTM quality management system for biopharmaceutical production by adding 12 new products. Sugars/carbohydrates, organic and inorganic salts, and preservatives are among the 12 new bioCERTIFIED products that have been added. These products are used in a variety of bioprocessing applications, from upstream cell culture development to downstream filtration, polishing, and final fill production.
  • December 2021: In Kasbat Tadla, a town in the province of Béni Mellal-Khénifra, the Office Chérifien des Phosphates (OCP), an exporter of raw phosphate, phosphoric acid, and phosphate fertilizers, started construction on a wastewater treatment facility.

Food Grade Phosphoric Acid Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Market Overview

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Food
    • 5.1.2 Beverage
    • 5.1.3 Pharmaceutical
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.1.3 Mexico
    • 5.2.1.4 Rest of North America
    • 5.2.2 Europe
    • 5.2.2.1 Germany
    • 5.2.2.2 United Kingdom
    • 5.2.2.3 Italy
    • 5.2.2.4 Spain
    • 5.2.2.5 France
    • 5.2.2.6 Russia
    • 5.2.2.7 Rest of Europe
    • 5.2.3 Asia-Pacific
    • 5.2.3.1 India
    • 5.2.3.2 China
    • 5.2.3.3 Japan
    • 5.2.3.4 Australia
    • 5.2.3.5 Rest of Asia-Pacific
    • 5.2.4 Rest of the World
    • 5.2.4.1 South America
    • 5.2.4.2 Middle East
    • 5.2.4.3 Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Brenntag AG
    • 6.3.2 Nutrien Ltd
    • 6.3.3 Guangxi Qinzhou Capital Success Chemical Co. Ltd
    • 6.3.4 OCP SA
    • 6.3.5 Grasim Industries Limited
    • 6.3.6 Merck KGaA
    • 6.3.7 Spectrum Chemical Manufacturing Corp.
    • 6.3.8 Prayon SA
    • 6.3.9 Emco Dyestuff Pvt. Ltd
    • 6.3.10 Vinipul Inorganics Private Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Food Grade Phosphoric Acid Industry Segmentation

Phosphoric acid is a strong inorganic acid that is colorless and odorless. It is an indispensable additive, often found in colas and other dark-colored carbonated sodas. The strength and flavor hold a neutral profile of food-grade phosphoric acid, making it a desirable choice for low-pH foods and beverages.

The food-grade phosphoric acid market is segmented by application and geography. Based on the application, the market is segmented into food, beverage, and pharmaceutical. The study also covers an analysis of the major regions such as North America, Europe, Asia-Pacific, and the Rest of the World. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

Application Food
Beverage
Pharmaceutical
Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
Spain
France
Russia
Rest of Europe
Asia-Pacific India
China
Japan
Australia
Rest of Asia-Pacific
Rest of the World South America
Middle East
Africa
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Food Grade Phosphoric Acid Market Research FAQs

How big is the Food Grade Phosphoric Acid Market?

The Food Grade Phosphoric Acid Market size is expected to reach USD 2.52 billion in 2025 and grow at a CAGR of 3.44% to reach USD 2.99 billion by 2030.

What is the current Food Grade Phosphoric Acid Market size?

In 2025, the Food Grade Phosphoric Acid Market size is expected to reach USD 2.52 billion.

Who are the key players in Food Grade Phosphoric Acid Market?

Brenntag AG, OCP SA, Prayon SA, Guangxi Qinzhou Capital Success Chemical Co. Ltd and Grasim Industries Limited are the major companies operating in the Food Grade Phosphoric Acid Market.

Which is the fastest growing region in Food Grade Phosphoric Acid Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Food Grade Phosphoric Acid Market?

In 2025, the Asia Pacific accounts for the largest market share in Food Grade Phosphoric Acid Market.

What years does this Food Grade Phosphoric Acid Market cover, and what was the market size in 2024?

In 2024, the Food Grade Phosphoric Acid Market size was estimated at USD 2.43 billion. The report covers the Food Grade Phosphoric Acid Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Food Grade Phosphoric Acid Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Food Grade Phosphoric Acid Industry Report

Statistics for the 2025 Food Grade Phosphoric Acid market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Food Grade Phosphoric Acid analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.