South Korea Dicalcium Phosphate Market Size, Share, and COVID-19 Impact Analysis, By Production Method (Phosphoric Acid and Hydrochloric Acid), By End-Use (FoodBeverage, Animal Feed, Pharmaceutical, Agriculture, and Others), and South Korea Dicalcium Phosphate Market Insights, Industry Trend, Forecasts to 2035

South Korea Dicalcium Phosphate Market Insights Forecasts to 2035

• The South Korea Dicalcium Phosphate Market Size was estimated at USD 0.05 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.37% from 2025 to 2035
• The South Korea Dicalcium Phosphate Market Size is Expected to Reach USD 0.08 Billion by 2035

According to a Research Report Published by Spherical Insights & Consulting, The South Korea Dicalcium Phosphate Market Size is anticipated to Reach USD 0.08 Billion by 2035, Growing at a CAGR of 4.37% from 2025 to 2035. A primary factor driving the growing demand for animal feed supplements is the fact that dicalcium phosphate offers vital calcium and phosphorus for the health of poultry and cattle.

Market Overview

In the South Korean market, dicalcium phosphate (DCP), a calcium phosphate compound (CaHPO4·2H2O), is produced, imported, distributed, and consumed domestically. It is mainly utilized as a functional additive and nutritional supplement in a variety of industries. Additionally, the creation of specialized formulations that address particular livestock dietary requirements is one opportunity to investigate in this market, giving producers access to underrepresented niche markets. Additionally, exporting to Asian markets that are ravenous for meat presents another opportunity for growth. Furthermore, the South Korean government is investing in the study and creation of novel feed additives that may enhance the markets prospects in the upcoming years. Further, recent patterns indicate a shift toward farming that is more ecologically conscious. This is demonstrated by the growing popularity of organic farming methods, which necessitate the use of dicalcium phosphate in order to produce organic animal feed. Moreover, local producers are paying more attention to the quality standards for mineral animal feeds that have been set by South Koreas agricultural authorities, which encourages their creativity.

Report Coverage

This research report categorizes the market for the South Korea dicalcium phosphate market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea dicalcium phosphate market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea dicalcium phosphate market.

Driving Factors

Dicalcium phosphates vital role in food fortification, pharmaceutical applications, and animal feed supplements is driving the market in South Korea. As a source of calcium and phosphorus, dicalcium phosphate supports dietary needs, livestock nutrition, and bone health. Dicalcium phosphate is produced by manufacturers in a range of grades to satisfy particular industry requirements and dietary recommendations. In South Korea, there is a growing need for premium dicalcium phosphate with the best bioavailability and safety standards due to the expansion of the livestock industry, pet food production, and human nutrition supplements.

Restraining Factors

The market is susceptible to changes in the price and availability of the main raw material, phosphate rock. Production instability and higher input costs can result from geopolitical tensions and disruptions in the global supply chain.

Market Segmentation

The South Korea dicalcium phosphate market share is classified into product method and end-use.

• The phosphoric acid segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea dicalcium phosphate market is segmented by product method into phosphoric acid and hydrochloric acid. Among these, the phosphoric acid segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The phosphoric acid method is a popular choice among South Korean manufacturers given its effectiveness and efficiency in producing high-purity dicalcium phosphate. This technique makes use of the nations sophisticated chemical processing capabilities, which make it easier to produce food-grade and feed-grade dicalcium phosphate a vital component for nutritional and agricultural applications.

• The animal feed segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea dicalcium phosphate market is segmented by end-use into foodbeverage, animal feed, pharmaceutical, agriculture, others. Among these, the animal feed segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The animal feed market is important because dicalcium phosphate gives livestock the vital minerals they need to grow and stay healthy, which is vital for the nation's agriculture-based economy.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea dicalcium phosphate market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hanil Chem
• Kwangmyung EnviTech
• Pacific Link International LLC
• Daejung Chemicals & Metals
• Jinhwa Company
• Others

Recent Developments:

• In June 2023, Hanil Chem had announced a strategic partnership with Jinhwa Company to enhance their production capabilities, which was expected to significantly increase market share

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Dicalcium Phosphate Market based on the below-mentioned segments:

South Korea Dicalcium Phosphate Market, By Production Method

• Phosphoric Acid
• Hydrochloric Acid

South Korea Dicalcium Phosphate Market, By End-Use

• FoodBeverage
• Animal Feed
• Pharmaceutical
• Agriculture
• Others