Growing demand for food phosphate is observed worldwide for its wide range of applications in the food and beverage sector. It is used in various food functionalities such as sequestrants, buffers, bases, acidulants, cryoprotectants, flavors, dispersants, gel accelerants, precipitants, nutrients, and as free?flow anticaking agents. Owing to such widespread applicability, the ingredients are used in the making of cookies, cakes, muffins, pancakes, and doughnuts.
The increasing inclination of customers towards packaged food will positively influence food phosphate industry expansion. The USDA reports that the U.S. consumers, government entities, and businesses in 2019 spent nearly US$1.77 trillion on food & beverages in grocery stores and other retailer shops.
Global food phosphate industry is forecasted to hit US$3.95 billion by 2027. The application of the substance stabilizes the texture and pH levels of various processed food. However, as per a study, the naturally occurred sodium phosphate has various health-related benefits when it is used as a food additive.
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Owing to some certain impacts on health, the U.S. FDA has issued guidelines for its utilization in processed food. Food sodium phosphate is categorized by the food controller as GRAS, which stands for “generally recognized as safe”. However, excessive utilization of the substance could lead to various health issues such as increased mortality rate, kidney, and cardiovascular disorders, and others.
There is an escalating demand for calcium phosphate for its various health-related benefits. As a nutritional supplement, it plays a vital role in proper cell functioning, bone growth, and energy production. The ingredient is also utilized as a thickening and stabilizing agent which maintains the texture of processed foods, such as mashed potato mixes. On the other hand, affordability and its utilization in curing meat products, as a leavening agent in cakes & bread, and as emulsifying agent in processed cheese will escalate its adoption in the food & beverage industry.
Food phosphate is used as a taste enhancer in many bottled soft drinks. Its inherent properties help to maintain distinctive flavor in cola beverages, fluidity in evaporated milk, and mineral content in isotonic beverages. Degrading nutritional content in foods and growing awareness among customers about their physical fitness will augment demand for nutritional and sports drinks and drive phosphates demand from soft drink applications.
North America food phosphate industry growth is expected to gain substantial momentum by 2027. The consumption will majorly be driven by the flourishing baking sector in the region. Reportedly, the contribution of the U.S. baking industry in the overall economy is valued at over US$153 billion. Factors like rising per capita income, shifting preference towards packaged food products and robust economic infrastructure will complement the food phosphate market outlook.
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The food phosphate industry share from ammonium phosphate applications is expected to witness significant growth in the coming years. Ammonia-based compounds are often found in chocolate products and are used as a leavening agent in baking products. Baking products such as bread, cake, patty, and others are considered convenience food.
Increasing consumption of bakery products due to its longer shelf life and convenience in carrying will escalate food phosphate demand. Another ammonia-based compound such monoammonium phosphate is used as a major ingredient in agricultural fertilizers and diammonium phosphate is used as plant food to increase the soil pH and fermentation agent in bakery products.
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