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)

Published In : Feb 2025

Code : CMI5317

Pages :123

Formats :

Excel and PDF

Industry : Food and Beverages

Food Grade Phosphoric Acid Market Size and Trends

Global food grade phosphoric acid market is estimated to be valued at USD 2.42 Bn in 2025 and is expected to reach USD 3.08 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 3.5% from 2025 to 2032.

Food Grade Phosphoric Acid Market Key Factors

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The market witness steady growth, owing to the increasing usage of food grade phosphoric acid across various food applications such as bakery goods, processed meat, beverages, and other products. The market can witness growth over the forecast period due to rising demand from the food processing industry. Growing consumption of convenience and packaged food items along with increasing health consciousness can drive the volumes sold of food grade phosphoric acid in the near future.