Global Phosphoric Acid Market Analysis Report 2022-2027 Featuring Industry Leaders - ICL Group, OCP Group, The Mosaic Co, Nutrien, Eurochem Group, Phosagro Group of Companies, and IFFCO - ResearchAndMarkets.com
The "Phosphoric Acid Market by Process Type (Wet, Thermal), Application (Fertilizers, Feed & Food Additives, Detergents, Water Treatment Chemicals, Metal Treatment, Industrial Use) and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Nov 14, 2022--
The "Phosphoric Acid Market by Process Type (Wet, Thermal), Application (Fertilizers, Feed & Food Additives, Detergents, Water Treatment Chemicals, Metal Treatment, Industrial Use) and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global phosphoric acid market will grow to USD 56.8 Billion by 2027, at a CAGR of 4.1% from USD 46.4 Billion in 2022.
Phosphoric acid is one of the key acids in the food & beverage industry. Phosphoric acid is a weak acid and is available naturally in many vegetables and fruits. The main intention of adding the phosphoric acid to food and beverage is to improve food texture, increase shelf life, regulate the pH of the environment, and improve quality.