Phytic Acid Market, Global Outlook and Forecast 2025-2032

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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.

MARKET SIZE AND GROWTH

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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

MARKET SEGMENTATION

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

REGIONAL ANALYSIS

Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.

MIDDLE EAST & AFRICA

Emerging markets focusing on crop productivity and water conservation.

EUROPE

Rising demand for biodegradable films due to regulations.

NORTH AMERICA

ASIA-PACIFIC

Strong growth with sustainable farming adoption. Largest and fastest-growing, led by China and India.

KEY PLAYERS

TSUNO Group
Shandong
Futaste
SigmaAldrich (Merck KGaA)
Jungbunzla uer
Haihang Industry Co., Ltd.

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