Reports
Global Monopotassium Phosphate Market Share, Growth: By Form: Powder, Crystal, Liquid; By Application: Food and Beverage, Pharmaceuticals, Cosmetic and Personal Care, Animal Feed, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Monopotassium Phosphate Market Outlook
The global monopotassium phosphate market witnessed a healthy growth in the historical period of 2018-2023. The global market is expected to grow at a CAGR of 3.5% in the forecast period of 2024-2032.
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Europe is a Significant Market for the Monopotassium Phosphate Industry, Bolstered by the Growing Demand from the Personal Care Industry
Region-wise, Europe is expected to be a significant market for monopotassium phosphate. This can be attributed to the growing demand from the personal care and hydroponic agricultural industries. Europe is also a significant hub for the pharmaceutical industry, which is expected to enhance the market growth of monopotassium phosphate. North America is also expected to be a significant market for the product due to its large feed additive demand and increasing pharmaceutical industry. The Asia Pacific region is anticipated to witness a faster growth rate in the forecast period as a result of the growing industry for both agricultural and pharmaceutical, which will boost the demand for raw materials like monopotassium phosphate in the region. Further, the Latin America region is expected to grow fairly well as the major countries within the region are heavily investing in personal care and agricultural industry. This is estimated to enhance the production activity and, consequently, the market for monopotassium phosphate in the forecast period.
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Monopotassium Phosphate: Market Segmentation
Monopotassium phosphate refers to the soluble salt of dihydrogen phosphate as well as potassium ion. The chemical is a source of phosphorus and potassium for animals, including humans and plants.
On the basis of form, the market is divided into:
- Powder
- Crystal
- Liquid
Based on application, the industry can be segmented into:
- Food and Beverage
- Pharmaceuticals
- Cosmetic and Personal Care
- Animal Feed
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Usage of the Product as Buffering Agents to Aid the Global Market Growth of Monopotassium Phosphate
The market for monopotassium phosphate is being driven by the usage of the product as buffering agents in various chemical reactions in the industry. The market is further being aided by the rising demand for feed as the product is a good source of ammonium phosphate in feed. The product is usually mixed with urea to enhance the effectiveness of the feed as it maintains soil pH and decreases the loss of feed used in the soil. Moreover, the product is used in various industrial applications such as cosmetics and personal care, nutraceutical, and other industrial applications.
Key Industry Players in the Global Monopotassium Phosphate Market
The report gives a detailed analysis of the following key players in the global monopotassium phosphate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Master Plant-Prod Inc.
- Prayon S.A.
- Arihant Chemical Industries
- Ava Chemicals Private Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Application, Region |
| Breakup by Form | Powder, Crystal, Liquid |
| Breakup by Application | Food and Beverage, Pharmaceuticals, Cosmetic and Personal Care, Animal Feed, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Master Plant-Prod Inc., Prayon S.A., Arihant Chemical Industries, Ava Chemicals Private Limited, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Monopotassium Phosphate Market Analysis
8.1 Key Industry Highlights
8.2 Global Monopotassium Phosphate Historical Market (2018-2023)
8.3 Global Monopotassium Phosphate Market Forecast (2024-2032)
8.4 Global Monopotassium Phosphate Market by Form
8.4.1 Powder
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Crystal
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Liquid
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.5 Global Monopotassium Phosphate Market by Application
8.5.1 Food and Beverage
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Pharmaceuticals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Cosmetic and Personal Care
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Animal Feed
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Monopotassium Phosphate Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
9 North America Monopotassium Phosphate Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2017-2021)
9.1.3 Forecast Trend (2022-2027)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2017-2021)
9.2.3 Forecast Trend (2022-2027)
10 Europe Monopotassium Phosphate Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2017-2021)
10.1.3 Forecast Trend (2022-2027)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2017-2021)
10.2.3 Forecast Trend (2022-2027)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2017-2021)
10.3.3 Forecast Trend (2022-2027)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2017-2021)
10.4.3 Forecast Trend (2022-2027)
10.5 Others
11 Asia Pacific Monopotassium Phosphate Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2017-2021)
11.1.3 Forecast Trend (2022-2027)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2017-2021)
11.2.3 Forecast Trend (2022-2027)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2017-2021)
11.3.3 Forecast Trend (2022-2027)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2017-2021)
11.4.3 Forecast Trend (2022-2027)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2017-2021)
11.5.3 Forecast Trend (2022-2027)
11.6 Others
12 Latin America Monopotassium Phosphate Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2017-2021)
12.1.3 Forecast Trend (2022-2027)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2017-2021)
12.2.3 Forecast Trend (2022-2027)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2017-2021)
12.3.3 Forecast Trend (2022-2027)
12.4 Others
13 Middle East and Africa Monopotassium Phosphate Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2017-2021)
13.1.3 Forecast Trend (2022-2027)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2017-2021)
13.2.3 Forecast Trend (2022-2027)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2017-2021)
13.3.3 Forecast Trend (2022-2027)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2017-2021)
13.4.3 Forecast Trend (2022-2027)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.5 Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Master Plant-Prod Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Prayon S.A.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Arihant Chemical Industries
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Ava Chemicals Private Limited
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Monopotassium Phosphate Market: Key Industry Highlights, 2018 and 2032
2. Global Monopotassium Phosphate Historical Market: Breakup by Form (USD Million), 2018-2023
3. Global Monopotassium Phosphate Market Forecast: Breakup by Form (USD Million), 2024-2032
4. Global Monopotassium Phosphate Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Monopotassium Phosphate Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Monopotassium Phosphate Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Monopotassium Phosphate Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Monopotassium Phosphate Market Structure
Key Questions Answered in the Report
The global monopotassium phosphate market is projected to grow at a CAGR of 3.5% between 2024 and 2032.
The major drivers of the industry, such as rising disposable incomes, increasing population, growing demand for feed, rising demand from the personal care and hydroponic agricultural industries, and growing pharmaceutical industry, are expected to aid the market growth.
The key trend guiding the growth of the market includes the rising usage of the product as buffering agents in various chemical reactions.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading forms of monopotassium phosphate in the market are powder, crystal, and liquid.
The major application segments in the market are food and beverage, pharmaceuticals, cosmetic and personal care, and animal feed, among others.
The major players in the industry are Master Plant-Prod Inc., Prayon S.A., Arihant Chemical Industries, and Ava Chemicals Private Limited, among others.
Analyst Review
The global monopotassium phosphate market is being driven by the rising demand for feed additives. Aided by the growing demand from the application segments, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.5%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is segmented into powder, crystal, and liquid. On the basis of application, the market is divided into food and beverage, pharmaceuticals, cosmetic and personal care, and animal feed, among others. The major regional markets for monopotassium phosphate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Master Plant-Prod Inc., Prayon S.A., Arihant Chemical Industries, and Ava Chemicals Private Limited, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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