Phosphoric Acid Market Size, Scope 2022-2028

The global phosphoric acid market size was valued at USD x billion in 2021, growing at a CAGR of x% during the forecast period 2022-2028. Food-grade phosphoric acid is an inorganic acid that is colourless and odourless and can be consumed. It's made using wet, thermal, and dry kiln techniques, and it's commonly employed as an acidity regulator and yeast nourishment agent in light beverages, canned goods, and wines. Food-grade phosphoric acid is generally used to preserve and acidify foods and beverages, also including colas and jams, as well as to give them a sour and tangy flavour.