Utilization of Food Grade Phosphate to Rise at 8% per year. The Global Food Grade Phosphate Market Value to Surpass US$ 6,685.7 Million by 2034 end | Future Market Insights, Inc. [Yahoo! F...
Ardelyx, Inc. (ARDX)
Last ardelyx, inc. earnings: 3/6 04:02 pm
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Source: Yahoo! Finance
Due to enhancements in flavor and texture, the additional phosphate is considered safe and is thus being increasingly promoted in the United States. NEWARK, Del, April 23, 2024 (GLOBE NEWSWIRE) -- The global food grade phosphate market was worth around US$ 2,125.3 million in 2019 and has reached up to US$ 3,104.8 million in 2024. The entire market is witnessing opportunities to develop at a promising CAGR of 8% over the next ten years. By 2034, the total industry valuation is set to reach up to US$ 6,685.7 million. The need for food-grade phosphate production has been fueled by its higher use in bakery foods for texture enhancement, moisture retention, and shelf-life extension. Phosphorus is also used in many carbonated beverages as an acidity control. The increase in consumption of carbonated soft drinks and energy drinks as a result of contemporary consumer trends and taste preferences is aiding the phosphate market's rapid expansion. The market dynamics of food phosphates are a
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ARDX
News
- Ardelyx, Inc. (NASDAQ: ARDX) had its price target raised by analysts at Citigroup Inc. from $13.00 to $14.00. They now have a "buy" rating on the stock.MarketBeat
- Ardelyx Stock: A Crowded Market Curbs The Enthusiasm (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Ardelyx, Inc. (NASDAQ: ARDX) had its price target raised by analysts at Wedbush from $14.00 to $15.00. They now have an "outperform" rating on the stock.MarketBeat
- Ardelyx: Q1 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Ardelyx Reports First Quarter 2024 Financial Results and Provides Business Update [Yahoo! Finance]Yahoo! Finance
ARDX
Earnings
- 5/2/24 - Beat
ARDX
Sec Filings
- 5/3/24 - Form 144
- 5/3/24 - Form 144
- 5/2/24 - Form 10-Q
- ARDX's page on the SEC website