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The global feed phosphate market is expected to witness a category spend growth of USD 742 million between 2017-2022, with spend momentum accelerating at a CAGR of 2.93% during the forecast period. This spend growth is mainly attributed to the increased production of micromineral-enriched high-quality feed compounds in the compound feed manufacturing industry. The growth of the global pet food manufacturing industry has positively impacted the demand for feed phosphate. The pet food manufacturing industry has witnessed an increase in the demand for premium-grade pet food formulations. This has compelled end-users in the pet food manufacturing industry to increase their spend on feed phosphate to meet the growing demand for premium-quality pet foods.
The strong growth of end-user industries such as the feed manufacturing and pet food manufacturing industries have increased the market share of the APAC region. This growth can be attributed to the rising demand for high-quality meat and dairy products among consumers which has resulted in an increase in the demand for feed phosphate from the animal husbandry industry.
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Written from the perspective of the buyers and suppliers, this procurement intelligence report offers comprehensive coverage of the factors driving spend across various regions and helps buyers to identify opportunities for cost savings. To help buyers procure feed phosphate at cost-effective rates, an analysis of the pricing outlook and supplier cost structure is also offered in this report.
Insights offered in this feed phosphate market report will help the buyers understand:
This procurement intelligence report contains in-depth pricing insights for the procurement of feed phosphate. These pricing insights provide an overview and comparison of pricing models, supply chain margins, and the volume and cost drivers impacting pricing:
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In the feed phosphate market, the buyers are advised to source feed phosphate from LCCs, phosphate rock mining regions, or engage with global suppliers who are partnered with the local suppliers or have built independent manufacturing facilities in the LCCs. This will result in significant operational and procurement cost savings for the buyers.
To help category managers optimize their spend on feed phosphate, this report also offers:
It is important for the buyers to ensure that the suppliers provide feed phosphates that have an acidic pH ranging from 3.5 to 4.5. This facilitates manufacturing of highly digestible products due to the increased acidic environment formed within the GI tract of animals. This procurement report also identifies the major costs incurred by the suppliers and offers a coverage of:
Category managers are advised to engage with suppliers who follow a primary sourcing model for procuring raw materials from their vendors. This will help the suppliers in ensuring consistent quality in phosphoric acid production and a continuous supply of raw materials, while benefitting the buyers with the uninterrupted production of high-quality animal feed. Information provided in this procurement report on feed phosphate will help the buyers identify:
An analysis of the high phosphate foods suppliers and the best negotiation levers is offered in this procurement intelligence report.
PART 01: Executive Summary
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
PART 11: US Market Insights
PART 12: Category Definition
PART 13: Appendix
SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.