Anhydrous Dibasic Calcium Phosphate Market Analysis

Anhydrous dibasic calcium phosphate, also known as dicalcium phosphate, is formed by a reactive combination of phosphoric acid and calcium oxide. This type of dicalcium phosphate is normally found in sources such as chicken feed, cereals, enriched flour, noodles, and in some dog snacks. The dibasic calcium phosphate is usually found in dehydrated form. However, it can be converted into anhydrous form through thermal processing. The anhydrous dibasic calcium phosphate has a variety of uses including various industrial applications. The current advancements in production of quality products for agriculture, pharmaceutical, and other industries are expected to propel the growth of the global anhydrous dibasic calcium phosphate market.

The growing demand for anhydrous dibasic calcium phosphate from pharmaceutical and food & beverage industries is expected to propel the market growth. Additionally, the rising awareness among individuals regarding health care is another factor boosting the market growth. An increasing number of people opt for phosphate products owing to its health benefits. For instance, phosphate is used in toothpastes, tablets for medicinal formulations, and poultry feed.

Global Anhydrous Dibasic Calcium Phosphate Market - Impact Analysis of COVID-19

Growth of the nhydrous dibasic calcium phosphate market is immensely affected due to the outbreak of COVID-19. Temporary close down of various end-use industries has negatively impact the global market growth. Many manufacturers are still working in these unprecedented times,

The all-inclusive version of the report will include the impact of COVID-19 and the probable changes in the future outlook of the industry, by taking into account the technological, social, political, and economical parameters.

The anhydrous dibasic calcium phosphate market is estimated to be valued at US$ 171.9 million in 2020 and is expected to rise at a CAGR of 5.7% during the forecast period (2020-2027).

Figure 1. Anhydrous Dibasic Calcium Phosphate Market Share (%) Analysis, By Source, 2020

Acquisitions and collaboration agreements among leading manufacturers of the industry are expected to boost the growth of global anhydrous dibasic calcium phosphate market.

Key players in the market are focused on R&D activities and strategic mergers and acquisitions to strengthen their market position. The joint ventures and collaborations by several market players are expected to propel market growth and create lucrative opportunities for the anhydrous dibasic calcium phosphate market growth during the forecast period.

For instance, in January 2018, the Mosaic Company acquired Vale Fertilizantes, a phosphate fertilizer production company. The aim of this acquisition was to expand the presence of Mosaic Company in Brazil and develop its production capacity of fertilizers to meet the global demand. Mosaic’s capacity of phosphate fertilizer production has now increased to 16.8 million tons due to this acquisition. As the operating partner, the company’s interest in the joint venture is 75%.

Moreover, in November 2018, Aphea.Bio and EuroChem Group entered a collaborative agreement for research and development of next-generation fertilizer technologies. This joint agreement will utilize data and samples from scientific field trials at different locations in Europe. This collaboration is also helping to further strengthen EuroChem’s commitment to invest in innovation.

Anhydrous Dibasic Calcium Phosphate Market - Restraints

The stringent regulations on use of dibasic calcium phosphate are expected to hamper the market growth. For example, under the U.S. FDA’s Code of Federal Regulations Title 21, the use of dibasic calcium phosphate is strictly monitored by the government before commercial use. Moreover, less availability of phosphorous is also expected to restrict the growth of the global anhydrous dibasic calcium phosphate market during the forecast period.

Anhydrous Dibasic Calcium Phosphate Market Report Coverage

Report Coverage	Details
Base Year:	2019	Market Size in 2019:	US$ 171.9 Mn
Historical Data for:	2016 to 2019	Forecast Period:	2020 to 2027
Forecast Period 2020 to 2027 CAGR:	5.78%	2027 Value Projection:	US$ 254.7 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East: GCC, Israel, Rest of Middle East Africa: South Africa, North Africa, and Central Africa
Segments covered:	By Source: Hydrochloric Acid, Phosphoric Acid. By End-Use: Animal Feed, Food & Beverage, Agriculture, Pharmaceutical, Others.
Companies covered:	CAP Biomaterials, LLC, Kemapco Arab Fertilizers & Chemicals Industries LTD, Merck KGaA, AARTI INDUSTRIES LIMITED, Hindustan Phosphates Pvt. Ltd., Guizhou Zerophos Chemical Co., Ltd. Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Bamni Proteins Limited, Innophos, Mitushi Biopharma, Phosphea, Ecophos Group, and Sudeep Pharma Pvt. Ltd.
Growth Drivers:	The rising usage of anhydrous dibasic calcium phosphate in several end-use industries
Restraints & Challenges:	High cost of phosphorous Less availability of phosphorous

Anhydrous Dibasic Calcium Phosphate Market – Regional Analysis

North America held the largest share in the anhydrous dibasic calcium phosphate market in 2019 owing to the high usage of anhydrous dibasic calcium phosphate in the manufacture of healthcare products. In January 2019, Mosaic Company completed the acquisition of U.S. Army Corps of Engineers 404 permit for its ‘Ona Phosphate’ mining project in Florida. This is the permit for the project that covers around 160.2 million tons of phosphate rock for mining work.

Moreover, there is high demand for dietary products in the region, which is expected to boost the North America market growth. For instance, the Council for Responsible Nutrition (CRN), conducted a consumer survey on dietary supplements in 2019, in which it was revealed that about 77% of Americans consume dietary supplements. Furthermore, the rising awareness regarding health care is another factor responsible for the regional market growth.

Furthermore, the market in Asia Pacific is projected to witness significant growth during the forecast period due to the growing use of fertilizers in the region. Additionally, market players such as PotashCorp, Lomon Group, and others are some of the largest manufacturers of anhydrous dibasic calcium phosphate in the region, which is contributing to the regional market growth. Additionally, industrialization and rise in disposable income in the Asia Pacific region is also expected to help the market to grow during the forecast period.

Figure 2. Anhydrous Dibasic Calcium Phosphate Market Value (US$ Mn) & Y-o-Y Growth (%), 2017-2027

Anhydrous Dibasic Calcium Phosphate Market - Competitive Landscape

Key players operating in the Anhydrous Dibasic Calcium Phosphate Market are CAP Biomaterials, LLC, Kemapco Arab Fertilizers & Chemicals Industries LTD, Merck KGaA, AARTI INDUSTRIES LIMITED, Hindustan Phosphates Pvt. Ltd., Guizhou Zerophos Chemical Co., Ltd. Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Bamni Proteins Limited, Innophos, Mitushi Biopharma, Phosphea, Ecophos Group, and Sudeep Pharma Pvt. Ltd.