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Showing posts with the label Sodium Hexametaphosphate Market Growth

Sodium Hexametaphosphate Market Growth Accelerated by Food Industry Demand

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  Sodium hexametaphosphate is commonly used as a preservative and sequestrant in a wide range of food products, due to its acidity regulating and chelating properties. It prevents the discoloration of meat and fish, controls crystallization in confections, enhances texture in baked goods, and improves the stability and clarity of food dyes and flavors. The global sodium hexametaphosphate market is estimated to be valued at US$ 1,501.17 Mn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rise in demand from the food industry has accelerated growth of the sodiumhexametaphosphate market over the forecast period. Sodium hexametaphosphate acts as an effective additive in various processed food products to increase their shelf life by preventing microbial growth. It also improves texture, stabilization and enhances flavors in foods. The growing packaged f...

Appreciating Demand from the detergent industry Spurs Growth in Sodium Hexametaphosphate Market

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  Sodium Hexametaphosphate, commonly known as SHMP, is an inorganic phosphorus compound used as a sequestrant, emulsifier and antioxidant in various applications. SHMP acts as an additive to prevent the buildup of scale or corrosion in pipes and boilers. It also enhances the flavor and texture of food by preventing crystallization. The increasing use of SHMP as an eco-friendly alternative to phosphates in detergents and other cleaning agents has propelled the demand. The global Sodium Hexametaphosphate Market is estimated to be valued at US$ 1,501.17 Mn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Key Trends: Growing Demand from Detergent Industry Drives Market Growth One of the major trends fueling the sodium hexametaphosphate market growth is the increasing demand from the detergent industry. SHMP acts as an effective builder in detergents that helps remove ...