Potassium Dihydrogen Phosphate Market Size & Share, by Type (Technical Grade, Food Grade), End User (Agriculture, Food and Beverages, Chemicals, Pharmaceuticals, Opto-Electronics), Application (Fungicide, Buffering Agent, Food Additive, Photo-Optic, Nutrition) - Global Supply & Demand Analysis & Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5772
  • Published Date: Apr 29, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Potassium Dihydrogen Phosphate Market size is anticipated to reach USD 43 billion by the end of 2036, growing at a CAGR of 14% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of potassium dihydrogen phosphate was over USD 20 billion. The primary reason propelling the market is the robust expansion of the agriculture sector.

According to UN predictions, there will be 9.7 billion people on the planet by 2050, up from an estimated 7.3 billion in 2017. As the global population burgeons, there is an escalating demand for food production, which, in turn, augments the need for efficient fertilizers to enhance crop yields. Potassium dihydrogen phosphate, renowned as a high-phosphorus fertilizer, is instrumental in meeting this demand. This growth is attributed to the increasing adoption of precision farming techniques and the rising global population, necessitating higher agricultural productivity.

In addition, another factor that will boost the expansion of the potassium dihydrogen phosphate market share is the rising use of potassium phosphate in the treatment of dietary problems related to low phosphate levels. Moreover, low levels of phosphate can cause chronic kidney disorders (CKD) that affect 5% to 10% population across the world. Proper intake of potassium phosphate supplements can help to reduce the severity of CKD.

It is also used in the pharmaceutical and chemical sectors. As an essential constituent of phosphate fertilizers, potassium dihydrogen phosphate is poised to experience heightened demand, consolidating its pivotal role in the agriculture sector's expansion.

Potassium Dihydrogen Phosphate Market
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Potassium Dihydrogen Phosphate Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing demand for packaged food products - The food processing industry is constantly innovating as businesses for consumers' attention in a cutthroat marketplace. Furthermore, food companies are creating immunity-boosting goods and other foods with high protein content but low in calories, sugar, and fat as a result of customers' growing health consciousness. Thus, the food industry is currently making significant R&D investments and implementing cutting-edge technology. Manufacturers analyze customer buying patterns and market trends before releasing new products. To package the processed food the manufacturers relied on various preservatives and potassium dihydrogen phosphate is one of them. Therefore, the rising demand for packaged food directly influences the advancement of the potassium dihydrogen phosphate market share. Further, in a recent survey product categories and top manufacturers were compared for healthfulness and processing level, as determined by the Health Star Rating (HSR) system and the NOVA classification framework, respectively. Out of 230,156 food and beverage products, 71% were categorized as ultra-processed, with a mean HSR of 2.7 (standard deviation (SD) 1.4) out of a possible maximum rating of 5.0.
  • Increasing application in pharmaceuticals - Improving human nutrition and using current agricultural land to safely boost agricultural output yields are two of the modern world's concerns. It is obvious that fertilizers are necessary to attain adequate agricultural efficiency, but they also need to harm the soil as little as possible. Due to its ability to significantly improve leaf photosynthesis, slow down crop aging, and encourage a certain level of nitrogen fertilizer uptake, which converts photosynthesis products, potassium dihydrogen phosphate, also known as the "Porter" reputation, is highly sought after by farmers. This inevitable demand for potassium dihydrogen phosphate in farmers will boost the market demand by the projection period.
  • Extensive usage in industrial processes - Potassium dihydrogen phosphate is used in several industrial processes, such as electroplating, metal cleaning, and chemical manufacture as a buffering agent.  The usual dosage range for changing pH is 0.1% to 0.5% (w/v). Doses can be changed by particular pH objectives and buffer capacity needs and potassium dihydrogen phosphate is used as a buffering agent. This extensive usage is increasing the significance of the potassium dihydrogen phosphate market’s growth rate.


  • Adverse effect of potassium dihydrogen phosphate on the environment - The production of potassium dihydrogen phosphate like any other chemical creates an adverse impact on the environment. Pharmaceutical cocktail releases into the environment occur from human ingestion and partial removal from wastewater treatment systems. Over the past 20 years, a large number of journal publications discussing the potential negative consequences of pharmaceuticals have been published, positioning them as pollutants of rising concern. This side effect on the environment and increasing studies on this can impede the potassium dihydrogen phosphate market expansion.
  • The rising cost of potassium dihydrogen phosphate than other general fertilizers will further hinder the market expansion. Although potassium dihydrogen phosphate is a potent fertilizer that helps in plant growth and color its high price makes it out of reach of the poor farmers.
  • Competition from alternative products

Potassium Dihydrogen Phosphate Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2023)

USD 20 Billion

Forecast Year Market Size (2036)

USD 43 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Potassium Dihydrogen Phosphate Segmentation

Type (Technical Grade, Food Grade)

The food-grade segment in the potassium dihydrogen phosphate market is estimated to gain the largest revenue share of 70% in the year 2036. A significant factor that will boost the food-grade segment of potassium dihydrogen phosphate is the rising consumer preference for healthier food choices and plant-based food choices.

Moreover, Gen Z prefers plant-based substitutes for meat and animal goods. Indeed, 19% of Gen Z stated that they follow a plant-based diet. Additionally, a lot of substances made from plants are more environmentally friendly. Methane emissions from cattle farming for dairy and beef products are significant environmental pollutants.

As consumers become more health-conscious, there is a growing demand for food products that are not only flavorful but also meet certain nutritional criteria. Furthermore, it is employed as a bulking and flavoring agent in food processing to improve food quality and flavor.

Potassium dihydrogen phosphate aids in the management of corrosion and enhances the standard of metal surface treatment. It is used in the food industry as a leavening agent, flavoring ingredient, fermentation additive, nutritional fortifier, and yeast food in the production of baked goods. This high demand for potassium dihydrogen phosphate as a natural food additive will increase the food-grade segment revenue.

End User (Agriculture, Food and Beverages, Chemicals, Pharmaceuticals, Opto-Electronics)

The pharmaceuticals segment is predicted to garner a significant share in the year 2036. The global demographic landscape is characterized by a growing aging population and this will help the pharmaceutical segment to achieve the most revenue share in the potassium dihydrogen phosphate industry. As of 2022, individuals aged 65 and older make up approximately 10% of the global population, and this percentage is estimated to rise significantly in the coming decades. The elderly population is more susceptible to chronic diseases, leading to a higher demand for pharmaceutical interventions.

Potassium dihydrogen phosphate, with its role in pharmaceutical formulations, becomes crucial in developing medications that cater to the unique healthcare needs of the aging population. The demographic shift towards an older population contributes to the sustained growth of the pharmaceuticals segment. Pharmaceutical companies globally are intensifying their investment in research and development (R&D) activities.

Our in-depth analysis of the global market includes the following segments:


  • Technical Grade
  • Food Grade

     End User

  • Agriculture
  • Food and Beverages
  • Chemicals
  • Pharmaceuticals
  • Opto-Electronics


  • Fungicide
  • Buffering Agent
  • Food Additive
  • Photo-Optic
  • Nutrition

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Potassium Dihydrogen Phosphate Industry - Regional Synopsis

APAC Market Statistics

The potassium dihydrogen phosphate market in the Asia Pacific region is projected to hold the largest market share of 42% by the end of 2036. The main factor boosting the market revenue share in the Asia Pacific region is the expansion and intensification of agriculture. The Asia Pacific region is home to some of the world's most populous countries with substantial agricultural sectors like China, and India. As of 2021, the total arable land in Asia reached over 580 million hectares, reflecting the vast scope for agricultural activities.

Potassium dihydrogen phosphate is extensively used as a fertilizer in agriculture, contributing to improved crop yields and quality. The expansion of arable land and the adoption of intensive farming practices to meet the increasing food demand in the region drive the demand for potassium dihydrogen phosphate as a crucial component in modern agricultural practices.

North American Market Analysis

The potassium dihydrogen phosphate market in the North American region is projected to hold the second-largest share during the projected period with a hold of around 24% of the market share. This advancement will be noticed due to the region’s inclination towards specialty crops.  North America has witnessed a surge in the demand for specialty crops, including fruits, vegetables, and nuts.

Over the past ten years, specialty crop sales in the United States have increased by 18%, and it is anticipated that soilless substrate use will rise by more than 400% globally. Specialty crops often require specific nutrient management for optimal growth and quality. Potassium dihydrogen phosphate, with its role in providing essential phosphorus and potassium, becomes instrumental in supporting the cultivation of specialty crops. The expanding market for specialty crops contributes to the increased demand for potassium dihydrogen phosphate in North America.

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Potassium Dihydrogen Phosphate Market Size
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Companies Dominating the Potassium Dihydrogen Phosphate Landscape

    • Israel Chemicals Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Haifa Group
    • Nutrien Ltd.
    • Yara International ASA
    • The Mosaic Company
    • Agrium Inc.
    • K+S Aktiengesellschaft
    • Jost Chemical Co.
    • Protex International
    • PhosAgro AG

In the News

  • Israel Chemicals Ltd. one of the chief specialty minerals organizations that fulfill the important requirements for the global population declared the signing of a collaboration with Duc Giang. Here both companies collaborated in creating and expanding a phosphate platform in Vietnam.
  • Israel Chemicals Ltd., a multinational fertilizer and specialty organization, declared that they are acquiring the phosphorus pentasulfide (P2S5) business assets and works of Thermphos International B.V (NL), situated in Knapsack, Germany.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 5772
  • Published Date: Apr 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The robust expansion of the agriculture sector will majorly drive the market growth of the potassium dihydrogen phosphate market.

The market size of the cationic reagents market is expected to get a CAGR of approximately 14% over the forecast period, i.e., 2024-2036.

The major players in the market are Israel Chemicals Ltd., Haifa Group, Nutrien Ltd., Yara International ASA, The Mosaic Company, Agrium Inc., K+S Aktiengesellschaft, Jost Chemical Co., Protex International, PhosAgro AG, Sumitomo Chemical Company, Limited, ICL Japan Co., Ltd., Nippon Potash Co., Ltd., Nissan Chemical Corporation, Chugoku Kogyo Co., Ltd.

The food-grade segment is anticipated to reap the largest market size with almost 70% by the end of 2036 and demonstrate substantial growth scopes.

The market in the APAC region is expected to have the largest market share by the end of 2036 and provide more business opportunities in the future.
Potassium Dihydrogen Phosphate Market Report Scope

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