

PHYTIC ACID MARKET
OVERVIEW
Phytic acid, scientifically known as inositol hexaphosphate (IP6), is an organic phosphorus compound predominantly found in plant seeds, legumes, and grains.

Phytic acid, scientifically known as inositol hexaphosphate (IP6), is an organic phosphorus compound predominantly found in plant seeds, legumes, and grains.
MARKET SIZE (2024):
APPROXIMATELY USD 235 MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 365.19 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 6.50% DURING THE FORECAST PERIOD.
By Type
Food-grade Phytic Acid
Pharmaceutical-grade Phytic
Acid
Industrial-grade Phytic Acid
By Application
Food & Beverage
Natural preservative
Chelating agent in food processing
Pharmaceuticals
Used in anticancer drugs
Antioxidant properties for various medications
Animal Feed
Reduces mineral loss in livestock feed formulations
Personal Care & Cosmetics
Skin brightening and exfoliation properties
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
Emerging markets focusing on crop productivity and water conservation.
Rising demand for biodegradable films due to regulations.
Strong growth with sustainable farming adoption. Largest and fastest-growing, led by China and India.