Monocalcium Phosphate Market is predicted to reach $6.9 billion by 2035, expanding at a CAGR of 5%

Increasing livestock population boosts monocalcium phosphate demand for feed supplements: Fact.MR

The monocalcium phosphate market was anticipated to be worth USD 3,734.1 million in 2024, and it is expected to increase at a compound annual growth rate (CAGR) of 5.3% to reach USD 6,260.3 million by 2035.

As global livestock farming grows, there is a corresponding need for a certain amount of monocalcium phosphate in the global market. The advanced group of farmers, due to the constantly rising population of chickens, cows, and pigs, looks for improved feed supplements that will enhance the health and productivity of their livestock. Concerning animals, monocalcium phosphate is a critical ingredient in feed since it provides vital phosphorus and calcium necessary for bone and structural growth, development, and the general well-being of an animal. These nutrients also enhance the quality of milk, eggs, and meat.

Monocalcium phosphate is significant for contemporary animal husbandry. In this regard, an increasing number of farmers are starting to experience the advantages of balanced feeds. Future worldwide markets are anticipated to focus more on protein intake, particularly from dairy and meat products.

The application of monocalcium phosphate is also enabled by regulatory bodies and agricultural groups promoting the enrichment of deficient nutritional feeds for animals. In the future, raising livestock will costly, yet it will still guarantee that the world's population is sufficiently nourished.

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Key Takeaways from the Global Monocalcium Phosphate Market Study:

• The Mosaic Company is applying new production methods to improve the quality and efficiency of monocalcium phosphate. These innovations are reducing the cost and increasing the accessibility of the product, thus making it an economically viable solution for small-scale and large-scale livestock.
• AG Chemi Group provides innovative solutions involving phosphates, updating the production and sales of monocalcium phosphate at the high standard requested by today's global animal feeding demand. Its competence in purchasing and supply secures the availability of production for livestock farmers in overcoming problems of nutrition and productivity challenges throughout different agricultural regions globally.
• The adoption of scientific approaches in animal feeding is increasing the use of monocalcium phosphate, ensuring precision in diet formulation and better livestock health management. Yara International emphasizes R&D to develop monocalcium phosphate formulations that maximize livestock health benefits, improving productivity and supporting sustainable farming practices.

“The rising demand for protein-rich diet is accelerating the expansion of livestock farming leading to greater use of monocalcium phosphate in animal feed production,” says a lead analyst at Fact.MR.

Who is winning?

The competitive dynamics in the monocalcium phosphate sector are fuelled by R&D, and partnerships with market players constantly adapting to shifting client demands. Companies are employing research to provide value-added services with higher quality. Such platforms enable farmers to manage the flavoring processes in real-time, optimize the use of monocalcium phosphate to achieve maximum production, and realize higher productivity. This enhances client relations and broadens the competitive market by creating unique selling points.

• In 2024, Yara's acquisition of Agribios Ltaliana strengthens to regenerative agriculture by merging Agribios' organic fertilizer expertise with Yara's European reach. This partnership aims to improve soil health, boost nutrient efficiency, and expand sustainable farming solutions across European markets.
• In 2024, The Mosaic Company is changing its leadership Bruce Bodine will take over as the new Chief Executive Officer effective January 1, 2024. Following his election as President with immediate effect, Bodine has impressive experience in business management and will lead Mosaic into a continued legacy of growth and success worldwide.

Some of these leaders of the Global Monocalcium Phosphate market include AG Chemi Group, Arevin, CKL Africa Ltd., Ecophos, Foodchem International Corporation, EuroChem, Fosfitalia, Intersac, Mosaic, Nordfeed, OCP Group, Pangoo International Limited, PhosAgro, Polifar Group Limited, Quimpac SA Business, Yara International and other market players.

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Monocalcium Phosphate Industry News:

• The Brazilian phosphate project Serra do Salitre was successfully purchased by EuroChem Group in February 2022. Phosphate development was accelerated by this acquisition, which is anticipated to improve sales of phosphate in animal feed in the upcoming years.

Get valuable insights into the Global Monocalcium Phosphate Market:

Fact.MRs, in its new offering, provides a thorough, detailed, and unbiased analysis of the Global Monocalcium Phosphate Market, presenting Historical Demand data for the years 2019-2023 and Forecast statistics for the years 2024-2034. The study categorizes valuable insights into the Global Monocalcium Phosphate Industry based on Form, Application, By Functional Use and Region. As per Form, the industry has been categorized into Powder, and Liquid. As per Application, the industry is categorized into Fertilizers, Food Production, Beverages, and Animal Feed. As per the Functional Use, the industry is categorized into Additives, Leavening Agents, and Acid Component.The study consists of the following regions- North America, Latin America, Western Europe, Eastern Europe, Balkans & Baltic, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and Middle East & Africa.

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