Market Share of Food Grade Phosphoric Acid Industry
The leading players in the food-grade phosphoric acid market enjoy a dominant presence worldwide. However, the market studied is highly fragmented in nature due to the presence of a huge number of players in the market. These players focus on leveraging opportunities posed by emerging markets to expand their product portfolios to cater to the requirements of various industries, especially the food processing industry. Some of the major players in the market include Brenntag SE, OCP SA, Grasim Industries Limited, Prayon SA, and Guangxi Qinzhou Capital Success Chemical Co. Ltd. The players adopt strategies such as expansions and product innovations to maintain their stronghold in the market. Such strategies help the players efficiently cater to the end-user demand and maintain a leading position in the market.
Food Grade Phosphoric Acid Market Leaders
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Brenntag AG
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OCP SA
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Prayon SA
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Guangxi Qinzhou Capital Success Chemical Co. Ltd
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Grasim Industries Limited
*Disclaimer: Major Players sorted in no particular order