2. Market Summary
The Global Potassium Phosphate Market is forecast to reach USD 399.6 Million by 2027, according to a
new report by Reports and Data. Potassium Phosphate is an odorless hygroscopic crystalline common
granular potassium salt chemically bonded with phosphate ions, which is manufactured by complete
neutralization of phosphoric acid with a high purity potassium hydroxide and potassium carbonate and
subsequent crystallization. Potassium phosphate is approved by the European Union (EU) and
European Free Trade Association (EFTA) as a safe food additive with a distinctive E-Number of E340.
The global market is growing at a substantial pace due to the growing demand for potassium phosphate
in food processing applications and kidney ailments. An escalation in the number of uric acid & calcium
kidney stone diseases and disorders in urination has actively uplifted the demand for potassium
phosphate.
Read More @ https://www.reportsanddata.com/report-detail/potassium-phosphate-market
3. Market Summary
Key players include BASF SE, Evonik Industries AG, Baker Hughes Incorporated, Huangshi Xinghua
Biochemical Co., Ltd., Cargill, Incorporated, Dr. Paul Lohmann GmbH KG, Tate & Lyle PLC, Jungbunzlauer
Suisse AG, American Tartaric Products, and FBC Industries, among others
Distribution Channel Outlook (Revenue, USD Million; 2016-2027)
Online Retailing, Offline Retailing
Application Outlook (Revenue, USD Million; 2016-2027)
Acidulant, Diuretic, Buffering & Sequestering Agent, Other Applications
End-Use Verticals Outlook (Revenue, USD Million; 2016-2027)
Food & Beverage Industry, Medical & Pharmaceutical, Personal Care Products, Others
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John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
