Food Grade Phosphoric Acid Market

By Product Type;

Food Grade 75%, Food Grade 80%, Food Grade 85% and Others

By Application;

Food Preservation, Beverages Production, Metal Treatment, Sugar Refining and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn287880919 Published Date: September, 2025 Updated Date: October, 2025

Food Grade Phosphoric Acid Market Overview

Food Grade Phosphoric Acid Market (USD Million)

Food Grade Phosphoric Acid Market was valued at USD 2,526.97 million in the year 2024. The size of this market is expected to increase to USD 3,347.77 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.


Food Grade Phosphoric Acid Market

*Market size in USD million

CAGR 4.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.1 %
Market Size (2024)USD 2,526.97 Million
Market Size (2031)USD 3,347.77 Million
Market ConcentrationHigh
Report Pages353
2,526.97
2024
3,347.77
2031

Major Players

  • ICL Group Ltd.
  • OCP Group S.A.
  • The Mosaic Company
  • Nutrien Ltd.
  • Eurochem Group AG
  • Phosagro Group of Companies
  • IFFCO

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Food Grade Phosphoric Acid Market

Fragmented - Highly competitive market without dominant players


The Food Grade Phosphoric Acid Market is witnessing strong momentum as the food industry focuses on quality enhancement and consumer safety. About 40% of food producers incorporate this additive for effective acidification and taste control. Its increasing application in processed foods, packaged meals, and beverages underscores its significance in maintaining consistent quality.

Consumer Shifts Boosting Usage
With rising demand for ready-to-eat and processed food, the adoption of phosphoric acid continues to accelerate. Over 50% of consumers prioritize taste consistency and extended preservation, directly influencing manufacturers to integrate phosphoric acid into formulations. Its contribution to flavor retention and food safety makes it essential in modern food processing.

Purification Advances Supporting Growth
Continuous improvements in refining and purification methods are enhancing the adoption of food grade phosphoric acid. Around 35% of companies have shifted toward advanced purification techniques to maintain high safety and purity standards. These technological developments ensure compliance with regulatory frameworks while driving stronger acceptance across industries.

Emerging Nutritional Applications
The use of phosphoric acid is expanding into dietary supplements and nutraceuticals, reflecting a broader market scope. Nearly 28% of health-focused formulations include it for improving solubility and nutrient content. This growing demand in nutrition-related sectors highlights its importance beyond food preservation, paving the way for future opportunities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Food Grade Phosphoric Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand
        2. Regulatory Compliance
        3. Food Safety
      2. Restraints
        1. Health concerns
        2. Price volatility
        3. Regulatory compliance
      3. Opportunities
        1. Consumer Demand
        2. Sustainability Practices
        3. Technological Advancements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Food Grade Phosphoric Acid Market, By Product Type, 2021 - 2031 (USD Million)
      1. Food Grade 75%
      2. Food Grade 80%
      3. Food Grade 85%
      4. Others
    2. Food Grade Phosphoric Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Food Preservation
      2. Beverages Production
      3. Metal Treatment
      4. Sugar Refining
      5. Others
    3. Food Grade Phosphoric Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. OCP Group
      2. Devdhar Chemicals
      3. EMCO Dyestuff
      4. Arkema
      5. Aditya Birla Grasun Chemicals
      6. Wengfu & Zijin Chemical Industry
      7. Guangxi Qinzhou Capital Success Chemical
      8. Spectrum Chemical
      9. Prayon SA
      10. Grasim Industries
      11. Brenntag AG
      12. Innophos
      13. ICL Group (Israel Chemicals)
      14. Nutrien Ltd
      15. The Mosaic Company
  7. Analyst Views
  8. Future Outlook of the Market