According to the research of Future Market Insights, the market for Food Grade Titanium Oxide is anticipated to expand at a CAGR of 4.5% over the forecasted time period. According to projections, the industry would be worth USD 17.2 Billion by 2032, up from USD 11.1 Billion in 2022. At the end of 2021, the Food Grade Titanium Oxide Market was valued at USD 10.6 Billion.
| Attributes | Details |
|---|---|
| Market Size Value in 2022 | USD 11.1 Billion |
| Market Forecast Value in 2032 | USD 17.2 Billion |
| Global Growth Rate (2022 to 2032) | 4.5% |
| Forecast Period | 2022 to 2032 |
| Global Market Share of USA, Germany, Japan, and Australia | 77.4% |
Titanium Dioxide is often used in the food industry to extend food shelf life by preventing UV rays from penetrating inside. Titanium Dioxide is also used to color foodstuffs, particularly into an off-white shade, including donuts, candy, chewing gum, etc. Titanium Dioxide is inactive in nature and does not react with other substances. Brookite, rutile, and anatase are the naturally occurring minerals from which Titanium Di-Oxide is derived.
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The global Food Grade Titanium Dioxide market was valued at USD 10.6 Billion in 2021 and is expected to grow at a CAGR of 4.5% from 2022 to 2032.
The market is driven by the increasing demand for Food Grade Titanium Dioxide from the food & beverage industry. However, the high cost of titanium dioxide is expected to restrain the market growth.
There are a number of new projects that are scheduled to come online in the next few years which would help to meet the rising demand for this commodity. Moreover, expansions are also being planned by some of the leading players in this market which would further help to boost the supply side of things.
In the global Food Grade Titanium Dioxide market, China is the leading producer as well as consumer of the product. The country is anticipated to grow at a CAGR of 5.2%, during the forecasted period. However, due to the stringent environmental regulations in China, the production of Food Grade Titanium Dioxide has declined in recent years. Nevertheless, the country is expected to remain a key player in the market due to its large population and growing economy.
The Indian Food Grade Titanium Dioxide market is anticipated to grow at a healthy CAGR of 4.2%, owing to the increasing demand from the food & beverage industry. Titanium dioxide is widely used as a whitening agent in food products such as confectionaries, bakery goods, and dairy products. Moreover, it is also used as an additive in various processed foods to impart a bright white color.
The Indian food & beverage industry is growing at a rapid pace, owing to the rising disposable incomes and changing lifestyles of consumers. This is expected to drive the demand for food grade titanium dioxide over the forecast period.
The USA Food Grade Titanium Dioxide Market is Shaping in a few ways. First, the market share is 35% in the global market with a value of USD 3.9 Billion by 2022. Secondly, the market is being driven by the increasing demand for food-grade titanium dioxide from the food & beverage industry. Lastly, the market is being restrained by stringent regulations regarding the use of titanium dioxide in food products.
Titanium Dioxide is a white pigment that is most commonly used as a micro-scale pigment form. It is often used to create white paints and coatings, as well as for food colorings and cosmetics. While Nanoparticle titanium oxide is usually not used as a food additive or in the food industry.
The chloride extraction method is used to produce food grade titanium dioxide.
In the chloride extraction method, titanium tetrachloride is produced from titanium ore. This titanium tetrachloride is then reacted with oxygen to produce titanium dioxide. The titanium dioxide precipitates out of the reaction mixture and is collected. The titanium dioxide is then washed and dried to remove any impurities.
The use of food grade titanium dioxide in bakery and confectionery is a great way to add a bit of shimmer and sparkle to your creations. Titanium dioxide is a white powder that is often used as a pigment in paints and coatings, as well as food products. When used in food, titanium dioxide is safe and non-toxic. It can add a bit of whiteness to frosting and icing, as well as provide a shimmery effect when dusted on top of baked goods.
The Global Food Grade Titanium Dioxide Market is anticipated to grow at a significant rate over the forecast period thanks to increasing emphasis on the use of clean technologies, natural ingredients, and reduced environmental impact. The Technology type of Food Grade Titanium Dioxide market is projected to dominate the Global Food Grade Titanium Dioxide Market throughout the forecast period.
The thorough evaluation of the report provides the growth potential, upcoming trends, and statistics of the Global Food Grade Titanium Dioxide Market size and what it predicts for the future. The report also analyzes the market trend drivers and challenges and the competitive evaluation of the existing market.
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| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Middle East and Africa(MEA); Japan |
| Key Countries Covered |
India, USA, Germany, China, Japan, Russia, Canada, Mexico, United Kingdom, France, Italy, Spain, South Korea, Australia, Brazil, Argentina, South Africa, United Arab Emirates(UAE) |
| Key Segments Covered |
Form, Extraction Method, Application |
| Key Companies Profiled |
Sichuan Lomon Titanium Co., Ltd.; The Chemours Company; ParshwanathGroup of Industries; Henan Billions Chemicals Co., Ltd; CNNC Hua Yuan Titanium Dioxide Co., Ltd; Cristal Australind Plant; Huntsman Pigments and Additive Manufacturin; Tronox TiO2 Manufacturing Facility; Jinan Yuxing Chemical Co., Ltd.; Shandong Dawn Group Co., Ltd; Kronos Manufacturing Facility |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Food Grade Titanium Oxide Market will reach nearly USD 11.1 Billion by 2022.
The Food Grade Titanium Oxide Market is expected to rise at a CAGR of 4.5%.
China, Russia, Japan, and India are the major countries driving the demand for Food Grade Titanium Oxide Market.
The China Food Grade Titanium Oxide Market will grow at 5.2% CAGR between 2022 to 2032.
The India Food Grade Titanium Oxide Market will grow at 4.2% CAGR between 2022 and 2032.
The United Kingdom Food Grade Titanium Oxide Market will grow at 5.4% CAGR between 2022 and 2032.
Sichuan Lomon Titanium Co. Ltd., Henan Billions Chemicals Co., Ltd., The Chemours Company, Shandong Dawn Group Co., Ltd, Jinan Yuxing Chemical Co., Ltd., ParshwanathGroup of Industries, Cristal Australind Plant, are the companies dominating the Food Grade Titanium Oxide Market.
The global demand for Food Grade Titanium Oxide Market is forecasted to surpass USD 17.2 Billion by the year 2032.
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