The Indian dicalcium phosphate market is predicted to grow considerably at a CAGR of 15.2% during the forecast period. Inorganic phosphate is considered an essential nutrient in the animal feed industry. The most commonly used phosphate supplements include calcium phosphates that supply important minerals for the development of strong bones and teeth in pets, poultry, and other livestock animals. Calcium phosphates for animal feed comprise monocalcium phosphate (MCP), dicalcium phosphate (DCP), and tricalcium phosphate (TCP). Dicalcium phosphate (DCP) is a feed additive for animals that were synthesized from phosphate rock under the optimum condition of pH, the temperature of the reaction mixture, time of reaction, and acid concentration. It is in the form of white crystal powder or granular form, odorless and tasteless.
The major factor contributing to the growth of the Indian dicalcium phosphate market is the increasing growth of the poultry industry in India. There are various favorable government policies and regulations promoting the growth of the poultry industry in India. The government facilitated loans for farmers and individuals who are interested in animal husbandry and livestock businesses. Decades ago, banks were giving loans for establishing farms for eggs, poultry meat, and broiler production through small farms. As per the NABARD (National Bank for Agriculture and Rural Development) guidelines, the various allied scheme includes Poultry Venture Capital Fund Scheme. The poultry venture capital fund plan is a joint initiative between NABARD and the Ministry of Micro, Small, and Medium Enterprises to encourage poultry farming. The plan aims to boost the poultry sector by creating jobs and business opportunities in underserved communities. Further, the scheme aims at encouraging poultry farming, particularly in non-traditional states, and creates jobs in underserved areas, improving the production of chicken goods with a ready market throughout the country, improving the productivity of non-scientifically run operations by upgrading technology, providing quality meat to consumers in hygienic conditions, and improves hygienic sale of poultry meat and products in urban areas and neighborhood societies through poultry dressing and marketing outlets, improving productivity and promoting the rearing of other poultry species with high potentials, such as quails, ducks, and turkeys.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Application
Competitive Landscape- Koninklijke DSM N.V., Antera Agro Chem. and Bamni Proteins Ltd. among others.
Indian Dicalcium Phosphate Market Report Segment
By Application
- Poultry Feed
- Cattle Feed
- Swine Feed
- Aquaculture
- Others
A full Report of Indian DiCalcium Phosphate market is Available @ https://www.omrglobal.com/industry-reports/indian-dicalcium-phosphate-market
Company Profiles
- Aarti Industries Pvt. Ltd.
- Antera Agro Chem
- Bamni Proteins Ltd.
- Dhan Lakshmi Phosphates
- Hindustan phosphates Pvt. Ltd.
- Koninklijke DSM N.V
- P.R. Agrochem Ltd.
- M/S Vatjat Pharma Foods Pvt. Ltd.
- Mitushi Biopharma
- Pioneer Jellice India Pvt Ltd.
- Ratnadeep Chemicals Supplier
- Shree Vissnu Scientific Co.
- Vishnu Priya Chemicals Pvt. Ltd.
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