| Product Code: ETC192576 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The India sodium phosphate market import shipment experienced a negative CAGR from 2020 to 2024, indicating a slowing trend. However, there was a slight uptick in growth between 2023 and 2024. Overall, the market showed signs of stabilization with a modest improvement towards the end of the period.
The India sodium phosphate market is poised to witness a healthy growth of 5.5% during 2025-2031, with the rising demand from food and beverage industry players for its use in processed foods. The growing awareness regarding the health benefits of phosphates has further driven its usage across end-user industries such as pharmaceuticals, agriculture, animal feed, and other industrial applications. Additionally, the increasing disposable income among consumers has also played a vital role in boosting the sales of products that contain sodium phosphates as an ingredient. Moreover, many government initiatives are being taken to promote research activities related to this product which is expected to stimulate its demand over the forecast period (2025-2031).
The key drivers contributing towards growth in India Sodium Phosphate market include ever-increasing technological advancements coupled with high investments by governments and private companies along with an upsurge in utilization across various industries such as food & beverages manufacturing units due to cost effectiveness. Other factors driving this sector include rising consumer demand for convenience foods containing preservatives or additives like sodium phosphate; increasing health consciousness amongst people; availability of diverse forms/ grades resulting into enhanced application scope; easy accessibility through both offline & online channels etc., providing impetus on overall consumption pattern over near future.
Some of major challenges faced by industry participants operating within India Sodium Phosphate market space are stringent regulations imposed by authorities relative to environment safety concerns hampering production process at certain level while escalating raw material prices restricting any room for significant margin accumulation by suppliers/manufacturers working within this domain limiting their profit potentiality further down line. Besides these points mentioned above there have been cases witnessed wherein inferior quality standards leading onto non compliance issues have posed troubles on part of brand owners associated specifically with fast moving consumer goods (FMCG) segment adding additional pressure onto them while deciding upon sourcing aspects conclusively but nevertheless strict vigil maintained throughout entire value chain helping avoiding any form unwanted situations coming forth adversely affecting sustainability factor eventually leading towards long term operational hindrances if neglected timely!
There are several key players operating within IndiaSodium Phosphate market including Akzo Nobel NV (BASF SE), GFS Chemicals Inc., Honeywell International Inc., Innophos Holdings Inc., Macco Organiques Inc., Solvay SA ,Strem Chemicals Inc.; Amfotech Industries Pvt Ltd; Atul
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 Sodium Phosphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium Phosphate Market - Industry Life Cycle |
3.4 India Sodium Phosphate Market - Porter's Five Forces |
3.5 India Sodium Phosphate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 India Sodium Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Sodium Phosphate Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Sodium Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium phosphate in food processing industry due to its various applications as a food additive and emulsifier. |
4.2.2 Growth in the pharmaceutical industry in India, leading to the demand for sodium phosphate in drug formulation and manufacturing. |
4.2.3 Rising awareness about water treatment and the use of sodium phosphate as a water softener and corrosion inhibitor. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of sodium phosphate, impacting the overall cost of production. |
4.3.2 Stringent regulations and standards set by regulatory authorities for the use of sodium phosphate in different industries. |
5 India Sodium Phosphate Market Trends |
6 India Sodium Phosphate Market, By Types |
6.1 India Sodium Phosphate Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Phosphate Market Revenues & Volume, By Distribution Channel, 2021-2031F |
6.1.3 India Sodium Phosphate Market Revenues & Volume, By Online Retailing, 2021-2031F |
6.1.4 India Sodium Phosphate Market Revenues & Volume, By Offline Retailing, 2021-2031F |
6.2 India Sodium Phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sodium Phosphate Market Revenues & Volume, By Leavening & Emulsifying Agent, 2021-2031F |
6.2.3 India Sodium Phosphate Market Revenues & Volume, By Processed Food Stabilizing, 2021-2031F |
6.2.4 India Sodium Phosphate Market Revenues & Volume, By pH Balance & Saline Laxatives, 2021-2031F |
6.2.5 India Sodium Phosphate Market Revenues & Volume, By Other, 2021-2031F |
6.3 India Sodium Phosphate Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India Sodium Phosphate Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.3.3 India Sodium Phosphate Market Revenues & Volume, By Medical & Pharmaceutical, 2021-2031F |
6.3.4 India Sodium Phosphate Market Revenues & Volume, By Personal Care & Water Treatment, 2021-2031F |
6.3.5 India Sodium Phosphate Market Revenues & Volume, By Others, 2021-2031F |
7 India Sodium Phosphate Market Import-Export Trade Statistics |
7.1 India Sodium Phosphate Market Export to Major Countries |
7.2 India Sodium Phosphate Market Imports from Major Countries |
8 India Sodium Phosphate Market Key Performance Indicators |
8.1 Number of new product launches incorporating sodium phosphate in the food and pharmaceutical sectors. |
8.2 Growth in the number of water treatment plants using sodium phosphate for water softening. |
8.3 Percentage increase in research and development investments by companies in the sodium phosphate market for innovative applications. |
9 India Sodium Phosphate Market - Opportunity Assessment |
9.1 India Sodium Phosphate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 India Sodium Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Sodium Phosphate Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Sodium Phosphate Market - Competitive Landscape |
10.1 India Sodium Phosphate Market Revenue Share, By Companies, 2024 |
10.2 India Sodium Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |