Food Anti-Caking Agents Market Growth Regional Analysis, Key Players, Opportunities and Forecast to 2027
Market Overview
Food anti-caking agents are fine powdered substances, used as an
additives to prevent the formations lumps in food and other sources. They are
used as a coating on the particle to absorb excess moisture or to create a
water-repellent coating on the surface. Food anti-caking agents are mostly
water soluble in nature, while some are also soluble in alcohol and other
organic solvents. They are used in the food products to prevent the formation
of lumps and to increase the shelf-life of food. Apart from these
characteristics, they also help in maintaining the original taste and physical
appearance of the food product. Increasing population demand for convenience
food and population shift toward western foods is driving the global food
anti-caking agents market share.
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Market Forecast
Food anti-caking agents have a wide range product applicability, which
makes them an important ingredient to be used in food industry. They are used
in food industry to restrict clump formation and increase the shelf-life of
food. They are also used in cosmetics, fertilizers and detergents. They are not
only used for maintaining free-flowing ability of materials, but also to
enhance the texture and organoleptic properties of food which is leading to its
increased use in food industry.
Furthermore, constantly changing population and increasing working
population is driving the demand for convenience foods, which is driving the
growth of the global food anti-caking agents market share. All these factors
are expected to contribute to the estimated CAGR of 4.8% of food anti-caking
agents market share during the forecast period 2017-2023.
Downstream Analysis
Food anti-caking agents is segmented on the basis of type, which
comprises of calcium compounds, sodium compounds, magnesium compounds,
microcrystalline cellulose compounds, others. Among all, the calcium compounds
dominates the market because of rising consumption of food ingredients and the
demand for food products with longer shelf-life.
Furthermore, based on the applications, which comprises of bakery
products, dairy products, soups and sauces, seasonings and condiments and
others, the soup and sauces dominates the market. However, its applications in
condiments and seasonings products are projected to rise during the given
forecast period.
Competitive Analysis
The major players in the food anti-caking agents market share
- Solvay S.A.
(Belgium)
- Evonik Industries
(Germany)
- Agropur MSI, LLC
(the U.S.)
- Univar Inc. (the
U.S.)
- Brenntag
(Germany)
- PPG Industries
(the U.S.)
- International
Media and Cultures, Inc. (the U.S.)
Food anti-caking agents market share is growing rapidly owing to
increasing demand from most of the countries, and intensifying market
opportunities. Moreover, focus is on R&D to boost the food anti-caking
agents market share over the forecast period 2017-2023.
Regional Analysis
The global food anti-caking agents market share is segmented into North
America, Europe, Asia Pacific, and rest of the world (RoW). Europe region is
dominating the food anti-caking agents market share followed by North America.
In Europe, Germany and France are the major consumers of food anti-caking
agents.
High consumption rate and shifting eating habits to convenience food
consumption have led to the growth of the food anti-caking agents market share
in this region, However, Asia Pacific is projected to grow rapidly owing to its
rapidly growing urbanization and gaining popularity of ready to eat food.
In Asia Pacific region, China, India and Japan are expected to grow in
the forecasted period.
Market Segmentation
Food anti-caking agents market share is segmented on the basis of type
and applications
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