Food Grade Phosphoric Acid Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Food Grade Phosphoric Acid market is segmented by Application (Food, Beverage, and Pharmaceutical) and Geography.

Market Snapshot

Food Grade Phosphoric Acid Market Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia
Largest Market: Asia Pacific
CAGR: 3.98 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Global food grade phosphoric acid market is projected to grow at a CAGR of 3.98% during the forecast period 2020-2025.

  • 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. Moreover, high consumption in food sector remained one of the key factors, driving market studied, during the forecast period.
  • By geography, Asia-Pacific accounted for the largest share, in 2019. Owing to the production consolidation in China, the region also remained the largest consumer of phosphoric acid with majority being directed to food applications.

Scope of the report

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. Based on geography, the study provides an analysis of the food grade phosphoric acid market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, and rest of the World.

By Application
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
Rest of the World
South America
Middle East

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand as a Food Additive

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 the thrust to the market. The inorganic chemical is used to acidulate cola-type beverages. The pure food-grade phosphoric acid is an important food additive in food sauces, mayonnaise, and fruit juices. Sodium and potassium phosphate salts serve as food preservatives. Phosphates in processed foods can not only maintain and improvise structure, color, flavor, and other sensory attributes of the food, but also improve performance in baked food items by achieving optimum leavening.


To understand key trends, Download Sample Report

Asia-Pacific is the Largest Market

The food grade phosphorus acid and phosphates have gained strong benefits from the rapid development of the food processing industry in countries, like China and India, and other developing countries. Also, the Chinese government estimated that the annual demand for food-grade phosphoric acid from China might reach more than 200,000 metric ton, in the upcoming years. Most of the manufacturers are consistently expanding production capabilities in order to cater to the growing demand for food-grade phosphoric acid. Factors, such as high production rate and lower labor rates, have led developing countries to account for the major share of the food grade phosphoric acid market in the region.


To understand geography trends, Download Sample Report

Competitive Landscape

The leading players in the food grade phosphoric acid market enjoy a dominant presence worldwide. These players focus on leveraging opportunities posed by emerging markets to expand their product portfolio so that they can cater to the requirements for various industries, especially the food processing industry. Some of the major players, such as Guangxi Qinzhou Capital Success Chemical Co. Ltd, Grasim Industries Limited, and Vinipul Inorganics Private Limited, among others.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study



    1. 3.1 Market Overview


    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Application

      1. 5.1.1 Food

      2. 5.1.2 Beverage

      3. 5.1.3 Pharmaceutical

    2. 5.2 Geography

      1. 5.2.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.2.2 Europe

        1. Germany

        2. United Kingdom

        3. Italy

        4. Spain

        5. France

        6. Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. India

        2. China

        3. Japan

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.2.4 Rest of the World

        1. South America

        2. Middle East

        3. Africa


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Brenntag AG

      2. 6.3.2 Arkema Group

      3. 6.3.3 Guangxi Qinzhou Capital Success Chemical Co. Ltd

      4. 6.3.4 OCP SA

      5. 6.3.5 Grasim Industries Limited

      6. 6.3.6 Merck KGaA

      7. 6.3.7 Spectrum Chemical Manufacturing Corp.

      8. 6.3.8 Prayon SA

      9. 6.3.9 Emco Dyestuff Pvt Ltd

      10. 6.3.10 Vinipul Inorganics Private Limited

    4. *List Not Exhaustive

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Food Grade Phosphoric Acid Market market is studied from 2016 - 2026.

The Food Grade Phosphoric Acid Market is growing at a CAGR of 3.98% over the next 5 years.

Asia is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Brenntag AG, Arkema Group, OCP SA, Grasim Industries Limited , Merck KGaA are the major companies operating in Food Grade Phosphoric Acid Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!