India Dicalcium Phosphate Market Shipment Analysis
India Dicalcium Phosphate Market registered a growth of 132.99% in value shipments in 2022 as compared to 2021 and a decrease of -4.5% CAGR in 2022 over a period of 2017. In Dicalcium Phosphate Market India is becoming more competitive as the HHI index in 2022 was 2841 while in 2017 it was 3415. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Dicalcium Phosphate Market.
India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Dicalcium Phosphate Market in 2022 was 0.51 while in 2017 it was 1.85. USA, Viet Nam, China, Germany and Japan were among the top players of the market in 2022, where USA acquired the largest market share of 45.45% with a shipment value of 5.45 million USD in 2022 USA also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Dicalcium Phosphate Market. In 2017 USA had the largest market share of 48.39% with the shipment value of 3.28 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although USA offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the India Dicalcium Phosphate Market in 2017.
India Dicalcium Phosphate Market Synopsis
India is a major producer of dicalcium phosphate, with the compound used in various foods and industrial applications as an additive or filler. The market for dicalcium phosphate in India was valued at USD XX million in 2020 and is expected to grow at a CAGR of 7.2% during 2021-2026.
Market Drivers
Growing demand from food processing industries due to its wide range of functionalities such as emulsifier, anti-caking agent, raising agent, acidity regulator etc., increasing disposable income among consumers leading to rising expenditure on processed foods are some of the factors driving market growth in India. Moreover, expanding veterinary industry coupled with growing awareness about animal health care is contributing significantly towards driving growth opportunities for dicalcium phosphate manufacturers across the country.
Challenges of the Market
High cost associated with production process owing to stringent regulations enforced by authorities regarding safety standards may hinder market growth during forecast period. In addition, presence of substitutes such as mono calcium phosphates may pose challenges for manufacturers operating in this sector and can act as a restraint factor for overall industry expansion over analysis timeframe.
Key Players in the Market
Some key players involved in manufacturing Dicalcium Phosphate products are India Farmers Fertiliser Cooperative Limited (IFFCO), Gujarat State Fertilizers & Chemicals Ltd (GSFCL), Kanoria Chemicals & Industries Ltd.(KCI) , Khaitan Chemicals & Fertilisers Ltd., Coromandel International Limited (CIL).
COVID-19 Impact on the Market
As majority of states imposed lock down restrictions due to covid 19 pandemic situation, manufacturing activities were severely affected which led to decrease in supply chain activities thereby hampering overall business operations across all sectors including pharmaceuticals and nutraceuticals which have been using large quantities DCP.
Key Highlights of the Report:
- India Dicalcium Phosphate Market Outlook
- Market Size of India Dicalcium Phosphate Market, 2021
- Forecast of India Dicalcium Phosphate Market, 2028
- Historical Data and Forecast of India Dicalcium Phosphate Revenues & Volume for the Period 2018 - 2028
- India Dicalcium Phosphate Market Trend Evolution
- India Dicalcium Phosphate Market Drivers and Challenges
- India Dicalcium Phosphate Price Trends
- India Dicalcium Phosphate Porter's Five Forces
- India Dicalcium Phosphate Industry Life Cycle
- Historical Data and Forecast of India Dicalcium Phosphate Market Revenues & Volume By By Application for the Period 2018 - 2028
- Historical Data and Forecast of India Dicalcium Phosphate Market Revenues & Volume By Agriculture for the Period 2018 - 2028
- Historical Data and Forecast of India Dicalcium Phosphate Market Revenues & Volume By Animal feed for the Period 2018 - 2028
- Historical Data and Forecast of India Dicalcium Phosphate Market Revenues & Volume By Food and beverages for the Period 2018 - 2028
- Historical Data and Forecast of India Dicalcium Phosphate Market Revenues & Volume By Pharmaceuticals for the Period 2018 - 2028
- Historical Data and Forecast of India Dicalcium Phosphate Market Revenues & Volume By Others for the Period 2018 - 2028
- India Dicalcium Phosphate Import Export Trade Statistics
- Market Opportunity Assessment By By Application
- India Dicalcium Phosphate Top Companies Market Share
- India Dicalcium Phosphate Competitive Benchmarking By Technical and Operational Parameters
- India Dicalcium Phosphate Company Profiles
- India Dicalcium Phosphate Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on
sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Dicalcium Phosphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Dicalcium Phosphate Market Revenues & Volume, 2021 & 2028F |
3.3 India Dicalcium Phosphate Market - Industry Life Cycle |
3.4 India Dicalcium Phosphate Market - Porter's Five Forces |
3.5 India Dicalcium Phosphate Market Revenues & Volume Share, By By Application, 2021 & 2028F |
4 India Dicalcium Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Dicalcium Phosphate Market Trends |
6 India Dicalcium Phosphate Market, By Types |
6.1 India Dicalcium Phosphate Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 India Dicalcium Phosphate Market Revenues & Volume, By By Application, 2018 - 2028F |
6.1.3 India Dicalcium Phosphate Market Revenues & Volume, By Agriculture, 2018 - 2028F |
6.1.4 India Dicalcium Phosphate Market Revenues & Volume, By Animal feed, 2018 - 2028F |
6.1.5 India Dicalcium Phosphate Market Revenues & Volume, By Food and beverages, 2018 - 2028F |
6.1.6 India Dicalcium Phosphate Market Revenues & Volume, By Pharmaceuticals, 2018 - 2028F |
6.1.7 India Dicalcium Phosphate Market Revenues & Volume, By Others, 2018 - 2028F |
7 India Dicalcium Phosphate Market Import-Export Trade Statistics |
7.1 India Dicalcium Phosphate Market Export to Major Countries |
7.2 India Dicalcium Phosphate Market Imports from Major Countries |
8 India Dicalcium Phosphate Market Key Performance Indicators |
9 India Dicalcium Phosphate Market - Opportunity Assessment |
9.1 India Dicalcium Phosphate Market Opportunity Assessment, By By Application, 2021 & 2028F |
10 India Dicalcium Phosphate Market - Competitive Landscape |
10.1 India Dicalcium Phosphate Market Revenue Share, By Companies, 2021 |
10.2 India Dicalcium Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
