Global Dipotassium Phosphate Market: Overview
Dipotassium Phosphate is a water soluble salt and a food additive, which is a combination of phosphate and phosphorus and is also sometimes known as DKP. It is food grade hygroscopic, white powder, which stabilizes pH and also prevents huge fluctuation in alkalinity and acidity.
This phosphorus is found in minerals supplements and multivitamins in different forms so as to accommodate required and recommended dietary pay of 700-750 milligrams a day for adults.
Dipotassium Phosphate is an inorganic compound, which is manufactured by chemical synthesis, and is available as white powder. It is widely and majorly used as food supplements.
Benefits attached to dipotassium phosphate is that it is used in making buffer solutions and also helps in manufacturing trypticase soy agar, which is required to make agar plates. Sometimes dipotassium phosphate is also used for medical purposes.
Dipotassium Phosphate is produced in consent with EU Food Regulations. It is non- GMO, non- allergenic, kosher and halal certified and also adheres with Food Chemical Codex (FCC) standards. Dipotassium phosphate is usually considered as safe and chemically stable. All these properties of dipotassium phosphate for food enables it to drive market demand for itself.
Global Dipotassium Phosphate Market Dynamics:
The market for global dipotassium phosphate is anticipated to be driven by its ability to be used as soluble buffer for the coffee creamers. It also act as a key nutrient for culturing antibiotics, yeast and several different fermentation processes, which drives the market demand. Dipotassium Phosphate buffers interacts with the milk proteins.
It prevents coagulation, and is used extensively as buffering agent (mainly in cheese making industry) and controls acidity. All these usage of dipotassium phosphate for food, drives market demand for the product.
Its ability to increase the food shelf life and to deliver proper and enhanced product texture is also one of the drivers identified across the value chain. It acts as emulsifier and preservative. Dipotassium phosphate also performs the role of humectants sometimes thus, preventing food from drying.
Excessive use of dipotassium phosphate salt may upset balance of phosphates in the body along with other chemicals and can also hurt the health.
Global Dipotassium Phosphate Market Segmentation
The global dipotassium phosphate market is segmented on the basis of application. It is used to emulsify dairy products including cheese, it is used in meat processing and as coffee creamer.
Dipotassium Phosphate is added as thickener in the powdered drinks, sauces and desserts and is also used in meat treatment and preparation. Moreover, dipotassium phosphate acts as an acidity regulator by regulating the alkalinity and acidity of the food.
Global Dipotassium Phosphate Market: Regional Outlook
Geographically, the Global Dipotassium phosphate industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa.
The global dipotassium phosphate market is expected to witness huge growth in the forecast period because of the increasing needs of the rising population along with increasing disposable income of consumers.
North America is the world leader of dipotassium phosphate market and contribute highest market share, and is followed by Europe. Asia Pacific is also anticipated to show growth in the market of dipotassium phosphate.
Global Dipotassium Phosphate Market Key Players
The major players identified across the value chain of global dipotassium phosphate market includes Biocel, Foodchem International Corporation, FBC Industries, Aditya Birla Chemicals, TKI Hrastnik, d.d., Prayon SA, Jiangsu Mupro IFT CORP., Haifa Chemicals Ltd., Shifang Talent Chemical, BANGYE Inc., Lianyungang Jujia Chemical Technology and others.
The Report covers exhaustive analysis on
- Dipotassium phosphate Market Segments
- Dipotassium phosphate Market Dynamics
- Historical Actual Market Size, 2013 – 2015 for Global Dipotassium phosphate Market
- Dipotassium phosphate Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Dipotassium phosphate Market Current Trends/Issues/Challenges
- Competition & Companies involved in Global Dipotassium phosphate Market
- Value Chain
- Global Dipotassium phosphate Market Drivers and Restraints
Regional analysis for Global Dipotassium Phosphate Market includes
- North America
- Latin America
- Rest of LATAM
- Western Europe
- Rest of the Western Europe
- Eastern Europe
- Rest of the Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Australia and New Zealand (ANZ)
- Rest of APEJ
- Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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