Phosphate Market to Reach USD 44.54 Billion by 2032, Anchored by Essential Role in Fertilizers and Food Security Phosphate Market, valued at USD 34.69 billion in 2024, is projected to grow from USD 36.03 billion in 2025 to USD 44.54 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.6% during the forecast period. This steady, fundamental growth is intrinsically linked to the world's ongoing need to enhance agricultural productivity to ensure food security, with phosphate-based fertilizers remaining the cornerstone application, alongside indispensable uses in animal nutrition and industrial processing. Access the complete global market forecast, including competitive analysis and insights into supply-demand dynamics. https://www.24chemicalresearch.com/reports/202301/global-phosphate-market-2023-2029-978