Monocalcium/Dicalcium Phosphate Market Report 2022: Demand from the Pharmaceutical Industry Fueling Growth - ResearchAndMarkets.com
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Thursday, November 3, 2022
The monocalcium/dicalcium phosphate market is projected to witness a compounded annual growth rate of 3.81% to grow to US$593.249 million by 2027, from US$456.611 million in 2020.
Key Points:
- The monocalcium/dicalcium phosphate market is projected to witness a compounded annual growth rate of 3.81% to grow to US$593.249 million by 2027, from US$456.611 million in 2020.
- Monocalcium phosphate is a phosphate supplement that is extremely important in the animal feed sector.
- In the pharmaceutical sector, dicalcium phosphate, on the other hand, is utilized as a nutritional supplement.
- The increasing use in a variety of applications, including food, beverages, animal feed, fertilizers, and others, is expected to be a major growth driver for the monocalcium/dicalcium phosphate market.