Food Grade Titanium Dioxide Market Outlook (2022 to 2032)
According to the research of Future Market Insights, the market for Food Grade Titanium Oxide is anticipated to expand at a CAGR of 4.5% over the forecasted time period. According to projections, the industry would be worth US$ 17.2 Billion by 2032, up from US$ 11.1 Billion in 2022. At the end of 2021, the Food Grade Titanium Oxide Market was valued at US$ 10.6 Billion.
Attributes
Details
Market Size Value in 2022
US$ 11.1 Billion
Market Forecast Value in 2032
US$ 17.2 Billion
Global Growth Rate (2022 to 2032)
4.5%
Forecast Period
2022 to 2032
Global Market Share of USA, Germany, Japan, and Australia
77.4%
Titanium Dioxide is often used in the food industry to extend food shelf life by preventing UV rays from penetrating inside. Titanium Dioxide is also used to color foodstuffs, particularly into an off-white shade, including donuts, candy, chewing gum, etc. Titanium Dioxide is inactive in nature and does not react with other substances. Brookite, rutile, and anatase are the naturally occurring minerals from which Titanium Di-Oxide is derived.
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Historical Outlook versus Future Projections for Food Grade Titanium Dioxide Market
The global Food Grade Titanium Dioxide market was valued at US$ 10.6 Billion in 2021 and is expected to grow at a CAGR of 4.5% from 2022 to 2032.
The market is driven by the increasing demand for Food Grade Titanium Dioxide from the food & beverage industry. However, the high cost of titanium dioxide is expected to restrain the market growth.
There are a number of new projects that are scheduled to come online in the next few years which would help to meet the rising demand for this commodity. Moreover, expansions are also being planned by some of the leading players in this market which would further help to boost the supply side of things.
Country-wise Insights
What is the position of China in the Food Grade Titanium Dioxide Market?
In the global Food Grade Titanium Dioxide market, China is the leading producer as well as consumer of the product. The country is anticipated to grow at a CAGR of 5.2%, during the forecasted period. However, due to the stringent environmental regulations in China, the production of Food Grade Titanium Dioxide has declined in recent years. Nevertheless, the country is expected to remain a key player in the market due to its large population and growing economy.
How is the Indian Food Grade Titanium Dioxide market performing?
The Indian Food Grade Titanium Dioxide market is anticipated to grow at a healthy CAGR of 4.2%, owing to the increasing demand from the food & beverage industry. Titanium dioxide is widely used as a whitening agent in food products such as confectionaries, bakery goods, and dairy products. Moreover, it is also used as an additive in various processed foods to impart a bright white color. The Indian food & beverage industry is growing at a rapid pace, owing to the rising disposable incomes and changing lifestyles of consumers. This is expected to drive the demand for food grade titanium dioxide over the forecast period.
How is the USA Food Grade Titanium Dioxide Market Shaping?
The USA Food Grade Titanium Dioxide Market is Shaping in a few ways. First, the market share is 35% in the global market with a value of US$ 3.9 Billion by 2022. Secondly, the market is being driven by the increasing demand for food-grade titanium dioxide from the food & beverage industry. Lastly, the market is being restrained by stringent regulations regarding the use of titanium dioxide in food products.
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Category-wise Insights
Why is Titanium Dioxide mainly used in micro-scale pigment form?
Titanium Dioxide is a white pigment that is most commonly used as a micro-scale pigment form. It is often used to create white paints and coatings, as well as for food colorings and cosmetics. While Nanoparticle titanium oxide is usually not used as a food additive or in the food industry.
How is Food Grade Titanium Dioxide extracted by the Chloride Extraction method?
The chloride extraction method is used to produce food grade titanium dioxide.
In the chloride extraction method, titanium tetrachloride is produced from titanium ore. This titanium tetrachloride is then reacted with oxygen to produce titanium dioxide. The titanium dioxide precipitates out of the reaction mixture and is collected. The titanium dioxide is then washed and dried to remove any impurities.
What is the use of Food Grade Titanium Dioxide in the Bakery and Confectionery Industry?
The use of food grade titanium dioxide in bakery and confectionery is a great way to add a bit of shimmer and sparkle to your creations. Titanium dioxide is a white powder that is often used as a pigment in paints and coatings, as well as food products. When used in food, titanium dioxide is safe and non-toxic. It can add a bit of whiteness to frosting and icing, as well as provide a shimmery effect when dusted on top of baked goods.
Competitive Landscape
The Global Food Grade Titanium Dioxide Market is anticipated to grow at a significant rate over the forecast period thanks to increasing emphasis on the use of clean technologies, natural ingredients, and reduced environmental impact. The Technology type of Food Grade Titanium Dioxide market is projected to dominate the Global Food Grade Titanium Dioxide Market throughout the forecast period.
The thorough evaluation of the report provides the growth potential, upcoming trends, and statistics of the Global Food Grade Titanium Dioxide Market size and what it predicts for the future. The report also analyzes the market trend drivers and challenges and the competitive evaluation of the existing market.
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Food Grade Titanium Oxide Market Report Scope
Attribute
Details
Forecast Period
2022 to 2032
Historical Data Available for
2017 to 2022
Market Analysis
USD Million for Value and Units for Volume
Key Regions Covered
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Middle East and Africa(MEA)
Japan
Key Countries Covered
India
USA
Germany
China
Japan
Russia
Canada
Mexico
United Kingdom
France
Italy
Spain
South Korea
Australia
Brazil
Argentina
South Africa
United Arab Emirates(UAE)
Key Segments Covered
Form
Extraction Method
Application
Key Companies Profiled
Sichuan Lomon Titanium Co., Ltd.
The Chemours Company
ParshwanathGroup of Industries
Henan Billions Chemicals Co., Ltd
CNNC Hua Yuan Titanium Dioxide Co., Ltd
Cristal Australind Plant
Huntsman Pigments and Additive Manufacturing
Tronox TiO2 Manufacturing Facility
Jinan Yuxing Chemical Co., Ltd.
Shandong Dawn Group Co., Ltd
Kronos Manufacturing Facility
Report Coverage
Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
Food Grade Titanium Oxide Market by Category
By Form, Food Grade Titanium Oxide Market is segmented as:
Micro-scale Pigments
Nano objects
By Extraction Method, Food Grade Titanium Oxide Market is segmented as:
Chloride Extraction Method
Sulphate Extraction Method
By Application, Food Grade Titanium Oxide Market is segmented as:
Dairy products
Bakery and Confectionery
Sauces and Savoury products
Others
Frequently Asked Questions
How big is the Food Grade Titanium Oxide Market?
The Food Grade Titanium Oxide Market will reach nearly US$ 11.1 Billion by 2022.
At what rate Food Grade Titanium Oxide Market is expected to grow?
The Food Grade Titanium Oxide Market is expected to rise at a CAGR of 4.5%.
Which are the major countries driving the demand for Food Grade Titanium Oxide Market?
China, Russia, Japan, and India are the major countries driving the demand for Food Grade Titanium Oxide Market.
At what rate will Food Grade Titanium Oxide Market grow in China?
The China Food Grade Titanium Oxide Market will grow at 5.2% CAGR between 2022 to 2032.
At what rate will Food Grade Titanium Oxide Market grow in India?
The India Food Grade Titanium Oxide Market will grow at 4.2% CAGR between 2022 and 2032.
At what rate will Food Grade Titanium Oxide Market grow in United Kingdom?
The United Kingdom Food Grade Titanium Oxide Market will grow at 5.4% CAGR between 2022 and 2032.
Which companies dominate the market?
Sichuan Lomon Titanium Co. Ltd., Henan Billions Chemicals Co., Ltd., The Chemours Company, Shandong Dawn Group Co., Ltd, Jinan Yuxing Chemical Co., Ltd., ParshwanathGroup of Industries, Cristal Australind Plant, are the companies dominating the Food Grade Titanium Oxide Market.
What is the demand outlook forecast for the Food Grade Titanium Oxide Market?
The global demand for Food Grade Titanium Oxide Market is forecasted to surpass US$ 17.2 Billion by the year 2032.
