The ammonium sulfate food-grade market is estimated to secure a valuation of US$ 325.7 Million in 2023 and is estimated to rise to US$ 594.4 Million by 2033
The Ammonium Sulfate Food Grade Market is Expected to Increase from US$ 325.7 Million in 2023 to US$ 594.4 Million by 2033 and is likely to record a CAGR of 6.2% during the forecast period.
Ammonium Sulfate (NH4)2SO4 is a white odorless inorganic compound that is highly soluble in water. Ammonium Sulfate has many commercial applications owing to its high nitrogen and sulfur content. Though ammonium sulfate has many applications such as fertilizer, herbicide, and fungicides, ammonium sulfate has a crucial role to play as a food additive in processed food. Crystalline ammonium sulfate is often used in wine and baked goods in the food industry.
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China from the Asia Pacific holds a large share of global ammonium sulfate food grade and exports a large number of countries like the U.S. Due to this reason China holds is the largest producer of ammonium sulfate food grade. Countries of Asia Pacific are further encouraging the production of ammonium sulfate for various application like fertilizers for crop production and thus is expected to witness growth in the forecast period.
North and Latin America on the other hand have a considerably large consumption of ammonium sulfate food grade owing to the high consumption of processed food. Canada and the U.S. have developed markets for ammonium sulfate due to the reason that its functions and application are studied by the manufacturers in the region and are applying as and when required to improve the product quality. Europe is expected to show a similar response in the market as the U.S. due to the increasing demand for processed food in the forecasted period.
Wide Functionality Bolstering the Market
Ammonium sulfate has a large number of applications due to its high nitrogen content which makes it a functional ingredient for a large number of applications in the food and beverage industry. Its nitrogen content helps the bread get the optimum acidity and create an optimum environment for other ingredients to act to give the perfect texture of the bread. Owing to its mentioned functionality, manufacturers consider ammonium sulfate food grade as a crucial ingredient for various bakery products like pita, muffins, bagels, and buns.
Ammonium sulfate is used to make is extensively used in winemaking by manufacturers. Deficiency of nitrogen in the grape is one the most common reason for the slow fermentation of grape in winemaking.
Manufacturers to remove this restrain and accelerate the production of wine adds ammonium sulfate food grade in the winemaking process. Besides wines, ammonium sulfate food grade is used in the brewing of low carbohydrate beer.
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Ammonium Sulfate Food Grade: Key Players
Key global players of ammonium sulfate food grade are
Opportunities and Regulations Shaping the Market
Manufacturers are constantly investing in research and development for exploring the novel application of ammonium sulfate in food grade applications. These developments in the market were accelerated as ammonium sulfate was announced generally recognized as safe (GRAS) by the U.S. Food and Drug Administration to be used as a food additive. Following this, the European Union gave a green signal to ammonium sulfate consump[tion and designated it by the E number E517.
Manufacturers of ammonium sulfate food grade are further striving to acquire accreditation and credibility for manufacturing high quality, safe to consume ammonium sulfate. Manufacturers of Europe are particularly aiming to get certified by Registration, Evaluation, Authorisation, and Restriction of Chemicals (REACH). It is the regulation adopted by the European Union for safe handling and processing of chemicals for the prevention of any health or environmental hazards.
Customization as per consumer’s requirement to attain the desired end-product and assisting a consumer in product development is another feature that manufacturers are adding up to enhance their service delivery system and consumer experience for encouraging the consumer to engage with the manufacturer for a long time. Manufacturers are to gain credibility for their management system for claiming the quality product and service delivery to the consumer are aiming to achieve certification like ISO: 9001.
Regional Analysis Includes
The Ammonium Sulfate Food Grade market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Ammonium Sulfate Food Grade market report projects the attractiveness of each major segment over the forecast period.
Ammonium Sulfate Food Grade: Market Segmentation
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Highlights of the Ammonium Sulfate Food Grade Market Report
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jun 23, 2023
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