Food Grade Phosphoric Acid Market, By Form (Liquid, Solid, and Others), By Application (Food and Beverages, Pharmaceuticals, Animal Feed, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In 2022, The Mosaic Company, a leading producer of phosphate-based products, announced a major investment in a new phosphoric acid production plant in Florida, aimed at improving the efficiency and quality of food-grade phosphoric acid. This is in response to increasing demand from the beverage and food processing sectors.
In August 2020, OCP Group collaborated with Budenheim and Prayon to establish a new facility for producing purified phosphoric acid under their subsidiary, Euro Maroc Phosphore (EMAPHOS). This new plant is set to double EMAPHOS's annual production capacity.