Global Magnesium Phosphate Market is accounted for $1.12 billion in 2020 and is expected to reach $1.79 billion by 2028 growing at a CAGR of 6.0% during the forecast period. Rising product consumption from various applications like fertilizers, pharmaceuticals, and food & beverage and the rising emphasis on human consumption are driving the market growth.
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By geography, North America is going to have high growth during the forecast period due to the increasing calcium deficiency among the old people.
Some of the key players profiled in the Magnesium Phosphate include American Elements, Anmol Chemicals Group, Celtic Chemicals, Hap Seng, Hindustan Phosphate, Innophos Holdings, Jost Chemical, Manus Aktteva Biopharma, Nexgen Chemicals, Nikunj Chemicals, Nithyasri Chemicals, Pacific Chemicals Company, Powder Pack Chem, Redox, Shanpar, Refractory Minerals Company, The Mosaic Company, and Triveni Chemicals.
Products Covered in Magnesium Phosphate Market
• Di-Magnesium Phosphate
• Monomagnesium Phosphate
• Trimagnesium Phosphate
End Users Covered:
• Food & Beverages
• Animal Feed
• Drinking Water Treatment
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