Phosphates Market to Reach USD 109.5 Billion by 2034, Driven by...

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2025-06-02 16:37:29 -

Phosphates Market to Reach USD 109.5 Billion by 2034, Driven by Agricultural Demand

The global phosphates market was valued at USD 41.4 billion in 2023 and is projected to reach USD 109.5 billion by 2034, expanding at a CAGR of 3.2% from 2024 to 2034. This growth is driven by increasing demand in agriculture for fertilizers, rising food production needs, and expanding applications in animal feed, detergents, and industrial processes. Surge in adoption of bone repair and...

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