Market Leader - Feed Phosphates Market
The market for feed phosphates market is estimated at USD 2.6 billion in 2023; it is projected to grow at a CAGR of 4.0% to reach USD 3.2 billion by 2028. Livestock and poultry farmers are becoming increasingly aware of the importance of balanced and optimized animal nutrition. Proper nutrition is essential for maximizing productivity, minimizing risk of diseases, and ensuring sustainable farming practices. Feed phosphates are a vital component in achieving these nutrition goals.
Major manufacturers in this market are based in North America, Asia and Europe. Mosiac (US), Nutrien Ltd. (Canada), OCP (Morocco), Rotem (Turkey), Eurochem Group (Switzerland), Phosagro (Russia), Fosfitalia Group (Italy), Phosphea (France), YARA (Norway), and J. R. Simplot Company (US) are among a few leading players operating in the feed phosphates market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the feed phosphates market.
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MOSAIC
The Mosaic Company is one of the world’s leading producers and suppliers of phosphate, potash, crop nutrients, and other nutrients. The company produces concentrated phosphate nutrients for crops and feed ingredients for animals, through its manufacturing plants in Louisiana and Florida in the US. It operates through three segments, namely, phosphates, potash, and Mosaic Fertilizantes. The company offers feed phosphates through its phosphates division.
The company markets its products through wholesalers, retail dealers, and individuals in more than 40 countries worldwide including the US, India, Canada, and Brazil. Mosaic’s feed phosphate products have contents of sodium, calcium, and phosphorus, which enhance the digestion process, help in the growth of lean muscle, and help develop a strong skeletal system.
NUTRIEN LTD.
Nutrien Ltd. is involved in providing crop inputs & services, and production & marketing of crop nutrients such as potash, nitrogen, and phosphate. The company operates its business through four business segments that include Nutrien Ag Solutions (“Retail”), Potash, Nitrogen and Phosphate. It offers feed phosphates through its phosphates segment. The Potash, Nitrogen and Phosphate segments are differentiated by the chemical nutrient contained in the products that each produce.
Nutrien Ltd. has four feed phosphate plants in the US and one in Canada. The company operates its global business in North America, South America, Europe, the Middle East, Asia, and Australia.
OCP
OCP is one of the market leaders in phosphates and its derivatives, phosphoric acid, and fertilizers. The company produces high nutritional value feed, which is a good source of calcium and phosphorus. It operates its business through four business segments, namely, phosphate, phosphoric acid, fertilizer, and other. It offers feed phosphates under phosphates segment.
The company sells its phosphate products across five continents including North America, South America, Europe, Africa, and Asia. It conducts its business through 30 subsidiaries across the world. OCP Group serves the global market through strong distribution channels including traders and distributors.
YARA
Yara is primarily engaged in the manufacture and marketing of fertilizers and industrial products. The company operates its business through six segments, namely, Europe, Americas, Africa and Asia, Global Plants & Operational Excellence, Clean Ammonia, Industrial Solutions.
The company has a geographical presence in over 150 countries across Europe, Africa, Asia, North America, South America, and Central America, and operates through major subsidiaries such as Yara Australia Pty Ltd., Yara Trading (Shanghai) Co. Ltd. (China), Yara North America, Inc. (US), Yara Colombia Ltd., Yara Hellas S.A. (Greece), and Yara Asia Pte. Ltd. (Singapore). The company has production facilities in over 17 countries and operational facilities in more than 50 countries.
Related Reports:
Feed Phosphates Market by Type (Dicalcium, Monocalcium, Mono-dicalcium, Defluorinated, and Tricalcium), Livestock (Ruminants, Swine, Poultry, and Aquaculture), Form (Powder and Granule), and Region - Global Forecast to 2028
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