Dipotassium phosphate (DKP) is a versatile phosphate salt used in food and beverages as a buffering agent and stabilizer, in nutritional formulations, and in industrial applications such as fertilizers, specialty cleaners, and boiler treatment chemicals. Global production has expanded steadily over the last decade, driven by growth in processed foods, coffee whiteners, sports nutrition products, and certain industrial uses. Major production hubs include Asia, North America, and Europe, with integrated phosphate manufacturers and specialized food-grade producers both active in the market. Price trends for dipotassium phosphate are driven by phosphoric acid, potassium carbonate or potassium hydroxide feedstocks, and broader fertilizer and potassium markets. From 2021–2022, sharp increases in fertilizer-grade phosphate and potash prices, along with surging energy and freight costs, pushed DKP prices significantly higher.