Anhydrous dibasic calcium phosphate is a type of acid salt widely used as a food additive. It acts as a leavening agent and improves texture and baking qualities in baked goods. As a source of calcium and phosphorus, it is commonly added to flour, cake mixes, muffins, pancakes and other bakery products. Anhydrous dibasic calcium phosphate helps regulate pH and contributes to uniform crumb structure and greater volume.
The global anhydrous dibasic calcium phosphate market is estimated to be valued at US$ 213.5 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The rising demand from food industry is a major driver of anhydrous dibasic calcium phosphate market growth. Due to its useful functional properties, anhydrous dibasic calcium phosphate is widely used as an additive in bakery and confectionery products. Its ability to act as an acidulant and contribute calcium helps manufacturers formulate products that are stable for longer shelf life. The phosphate content aids in leavening by producing carbon dioxide. Furthermore, anhydrous dibasic calcium phosphate regulates the pH for development of color and flavor in baked foods. Overall, the growing consumption of packaged and processed food worldwide has stimulated market demand over the years.
SWOT Analysis
Strength: Anhydrous dibasic calcium phosphate has high purity levels and is more resistant to moisture than other forms of calcium phosphates. It can absorb moisture from the environment without changing form and maintains stability during processing and storage. It is widely used as a leavening agent in baked goods due to its ability to release gas when moistened and heated.
Weakness: More research needs to be done to understand the effects of long term anhydrous dibasic calcium phosphate consumption. Regulations on allowable levels also vary globally. As it is odorless and tasteless, excess consumption is difficult to detect.
Opportunity: Growth of the food and beverage industry is driving increased demand for anhydrous dibasic calcium phosphate as a leavening agent. The feed industry is also increasing usage as a supplement for poultry and livestock. Emerging markets offer major opportunities for market expansion.
Threats: Availability of substitutes like monocalcium phosphate and sodium aluminum phosphate poses competition. Stringent regulations and compliance standards across regions could increase production costs. Volatility in raw material prices also affects the anhydrous dibasic calcium phosphate market.
Key Takeaways
The Global Anhydrous Dibasic Calcium Phosphate Market Size is expected to witness high growth. The global Anhydrous dibasic calcium phosphate Market is estimated to be valued at US$ 213.5 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030.
The Asia Pacific region dominates the global market currently and is expected to maintain its lead over the forecast period. This is attributed to large populations and rapid urbanization driving growth in key end use industries like food and feed. China, India and other Southeast Asian countries offer immense untapped potential.
North America is another major regional market for anhydrous dibasic calcium phosphate supported by well-established food processing industries. Wide product acceptance in bakery applications has boosted usage.
Europe trails Asia Pacific in terms of market share currently but is witnessing faster growth rates than other regions. This can be accredited to rising health consciousness and demand for fortified food products.
Key players operating in the Anhydrous Dibasic Calcium Phosphate Market are Anker, Duracell, EcoFlow, Goal Zero, Jackery, MAXOAK, NEXPON, Omnicharge, ORYTO, OUTXE, Pisen, RavPower, Rockpals, Samsung, Suaoki, X-DRAGON, Zendure, RIVER, Crave, Intova. These companies are focusing on new product launches, capacity expansions and partnerships to strengthen their positions in the market.
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