1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Global Feed Phosphate Analysis, Trends and Forecast: 2017-2024 : Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America, driven by Canada and the U.S. feed phosphate market size, may witness significant gains over the forecast timeframe. Strict government regulations related to animal husbandry is likely to influence regional growth. Strong application scope in poultry and dairy sectors may drive industry growth.  Asia Pacific, led by India, Japan, and China feed phosphate market size may witness gains due to rise in disposable income along with increase in pork and poultry industries. China is the largest consumer and accounted for over 35% of the total production in 2015. Rise in R&D spending along with technological advancement may favor regional industry growth.  Europe, driven by France, Spain, and Germany feed phosphate market size, may show a significant growth owing to increasing dairy and meat products demand along with change in dietary consumption. Regulatory bodies such as European Feed Manufacturers Federation (EFMF), European Food Safety Authority (EFSA) and European Chemical Industry Council (ECIC) check animal food contents and quality and mandates strong regulation in the market. Regional Analysis of Feed Phosphate Market:

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  By application, Strong application scope in aquatic farming may drive feed phosphate market size. However, Europe and North America has restricted the usage of phosphate in laundry detergents, as they are present in water which can adversely affect aquatic life by producing excessive phosphorous resulting in death of fish and aquatic plants.  Dicalcium feed phosphate market size may witness steady growth by 2024. Increase in poultry and swine diets has led to rise in animal development in various stages, thereby influencing industry growth. It is produced mainly in North Africa, Russia and China.  Sodium tripolyphosphate (STTP) feed phosphate may witness significant gains over the forecast timeframe. It is used as preservative for seafood, meats, poultry, and animal food and tender meat in canned ham. Application Analysis of Feed Phosphate Market:

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Phosphate rock or phosphorite, and sulfuric acid are ley raw materials used for production process. Sudden increase or decrease in raw material costs may fuel production cost and widen demand supply gap. These factors may hinder industry profitability and affect feed phosphate market price trend.  High product cost and increase in substitute product such as phytase may hinder overall productivity. Stringent government guidelines pertaining to animal farming may have an adverse effect on feed phosphate market size.  Global feed phosphate market share is competitive and moderately consolidated. Key market players include The Mosaic Company, PhosAgro, EuroChem, EcoPhos S.A. and Yara International ASA. Other prominent companies include Wengfu Group, OCP Group, Timab Industries, Fosfitalia and Potash Corp. Competitive Market Share of Feed Phosphate Market:

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