Titanium Di-oxide is a common additive used in the pharma industry. Its chemical formula is (Tio2). Titanium Di-oxide is the oxide of titanium which occurs in the nature.
The food grade titanium oxide market is expected to grow at a CAGR of 4.5% over the predicted time period, according to research by Future Market Insights. In 2032, the industry is expected to be worth US$ 17.2 billion, up from US$ 11.1 billion in 2022. The market for food grade titanium oxide was worth US$10.6 billion at the end of 2021.
Titanium Di-oxide is inert in nature and does not react with other chemicals and hence it is claimed to be safe for human consumption. Brookite, rulite and anatase are the natural minerals from which Titanium Di-oxide is derived.
Aboost has been observed in the consumption of Titanium Di-oxide across the globe, therefore the increasing awareness regarding the properties of titanium Di-oxide among the consumers is going to the drive the Titanium Di-oxide market in the coming years.
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Market Segmentation:
Titanium Di-oxide for food application market has been segmented on the basis of form, extraction method and application. On the basis of form Titanium Di-oxide market can be segmented as micro scale pigments and nano-objects. Depending on the arrangement of Titanium Di-oxide atoms the crystal structure may vary. Titanium Di-oxide is mostly used as micro scale pigment form which is commonly known as white pigment. Nanoparticle titanium dioxide that is manufactured are usually not used as food additives or in food industries.
On the basis of extraction Titanium Di-oxide market can be segmented into sulfate extraction method and chloride extraction method. Most of the Titanium Di-oxide are extracted by using the sulfate extraction method while the chloride extraction method is not so popular. On the basis of application Titanium Di-oxide market is segmented into dairy products, bakery and confectionery, sauces and savory products, and others. Among these segment bakery and confectionery segment accounted for highest market share in terms of value. Dairy products includes cheese, skimmed milk and curd. In terms volume consumption majority of the demand for Titanium Dioxide is in the dairy products.
Market Regional Outlook:
On the basis of regional segment, market of Titanium Di-oxide is segmented into seven different regions:North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. In regional market Asia Pacific has the biggest market for Titanium Di-oxide in food sector, China has the largest market for Titanium di-oxide in terms of production and demand followed by Russia and Japan, India is also not far behind in terms of production and in the near future it will grow enormously.
Market Drivers:
The rise in the utilization of Titanium Di-oxide as a sweetening agent, coloring agent as well as a preservative agent coupled with pharmaceutical use has played a major role in driving the growth of Titanium Di-oxide market around the world. Most of the chocolate based product uses Titanium Di-oxide to make the products look more appealing. Titanium Di-oxide is used as it is not a nutrient and it is totally insoluble in our body, it directly comes out through our excretory system. Titanium Di-oxide have wide application in the dairy industry, companies are offering new beverages by using Titanium Di-oxide to make amelioration in their existing products.
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Titanium Di-oxide for food applications Key Players:
Some of the key players in the Titanium Di-oxide for food market include: Sichuan Lomon Titanium Co., Ltd., The Chemours Company (USA), Parshwanath Group of Industries, Henan Billions Chemicals Co., Ltd., CNNC Hua Yuan Titanium Dioxide Co., Ltd., Cristal Australind Plant, Huntsman Pigments and Additives, manufacturing, Tronox TiO2 Manufacturing Facility, Jinan Yuxing Chemical Co., Ltd., Shandong Dawn Group Co., Ltd., Kronos Manufacturing Facility etc.
The report covers exhaustive analysis on:
Regional analysis for Titanium Di-oxide for food applications Market includes:
Complete TOC@ https://www.futuremarketinsights.com/toc/rep-gb-2343
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.
Market Segmentation:
Report Highlights:
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA.
Jan 27, 2023
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