Europe Dipotassium Phosphate Market

Europe Dipotassium Phosphate Market  Size and Growth Analysis:

Europe Dipotassium Phosphate market size was around USD XX million in 2022. It is expected to grow at a CAGR of XX% to reach USD XX million by 2027.

Europe Dipotassium Phosphate market Overview:

Dipotassium Phosphate is a water-soluble salt and a food additive that is an amalgam of phosphate and phosphorus and is also commonly known as DKP. It is food grade hygroscopic that stabilizes pH and also prevents severe fluctuation in alkalinity and acidity. This phosphorus is present in supplements, minerals, and multivitamins in different forms in order to accommodate the required and stipulated dietary pay of 700-750 milligrams a day for adults. It is an inorganic compound that is prepared by chemical synthesis and is available as a white powder. The market is primarily driven by the ability of Dipotassium Phosphate to be utilized as a soluble buffer for the coffee creamers. It also acts as a major nutrient for culturing yeast, antibiotics, and numerous other fermentation processes. It prevents coagulation, and is used widely as a buffering agent (majorly in the cheese-making industry) and controls acidity. All these utilization of dipotassium phosphate for food, fuels market demand for the product. Its ability to elongate the shelf life and deliver proper and improved product texture is also one of the factors identified across the value chain. It also performs the role of humectants sometimes thereby, preventing food from drying. Extreme usage of dipotassium phosphate salt is likely to upset the balance of phosphates in the body coupled with other chemicals and can also cause health issues.

Europe Dipotassium Phosphate Market Segmentation:

The Europe dipotassium phosphate market is categorized by application. It is utilized to emulsify dairy products like cheese, and used in meat processing. It is added as a thickener in sauces, powdered drinks, and desserts and is also utilized in meat treatment and preparation. Furthermore, dipotassium phosphate regulates the alkalinity and acidity of the food.

Europe Dipotassium Phosphate market Geographical Analysis

By geography, the market is segmented into

• UK

• Spain

• France

• Germany

The Europe market is anticipated to undergo huge growth in the aforementioned forecast period owing to the rising needs of the growing population coupled with the rising disposable income of consumers. It is the second-largest market.

Europe Dipotassium Phosphate market Key players

1. Biocel

2. Foodchem International Corporation, d.d.

3. Prayon SA

4. Jiangsu Mupro IFT CORP.

5. Haifa Chemicals Ltd.

6. FBC Industries

7. Aditya Birla Chemicals

8. TKI Hrastnik

9. Shifang Talent Chemical

10. BANGYE Inc.

11. Lianyungang Jujia Chemical Technology