MarketSegmentation
By Product Type:
Purity ≥85%
Purity ≥90%
Other
Market Value
Market Size (2023): USD 615 million
Projected Market Size (2032): USD
970.55 million
Compound Annual Growth Rate (CAGR): 5.20% (2025-2032)
Market Opportunities
Increasing Demand in Processe processed dairy and meat prod food-grade sodium tripolyphosp emulsifier.
Expansion in Emerging Market industries in regions like Asia-P growth opportunities.
Technological Advancements: In techniques are enhancing the a tripolyphosphate.
Key Players/Stakeholders
Major Companies Leading the Industry:
Nippon Chemical Industrial
Haifa Group
Innophos
Hubei Xingfa Chemicals Group
Jiangyin Chengxing Industrial
Group
Wengfu Group
Sample Report
Regional Analysis
North America:
Market Size (2023): USD 174.86 million
CAGR: 4.46% (2025-2032)
Key Players: Nippon Chemical Industrial, Haifa Group
Europe: Demand driven by countries like Germany, UK, France, and Italy.
Focus on purity levels and application in dairy and meat products
Asia-Pacific: Significant market due to growing food processing industry in China and Japan.
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
