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Asia Pacific Anti-Caking Agents Market by Type (Calcium Compounds, Sodium Compounds, Magnesium Compounds, Microcrystalline Cellulose and Silicon Dioxide) by Application (Spice, Seasoning & Condiments, Bakery, Flavor, Beverages, Dairy, Fruits & Vegetables and Chocolates) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 1427
Pages: 145

Asia Pacific Anti-Caking Agents Market Growth and Forecast (2022 - 2027):

Asia Pacific Anti-Caking Agents Market was worth $185.62 million in 2021 and estimated to be growing at a CAGR of 5.14%, to reach $238.48 million by 2026. Increasing demand for accessibility of foods with characteristics such as improved quality and shelf life in developing economies of Asia has led to large use of food anti-caking agents.

Market Overview:

Anti-caking agents are treated or granular materials, used as additives to inhibit lumps in sources. For affluence of consumption, packing and moving, anti-caking agents are mixed in grounded products. Certain anticaking agents can solubilize in water, others are soluble in alcohols or different organic solvents.

Drivers and Restraints:

The rising disposable incomes is driving the progress for food and beverages industry and thus driving the demand for anti-caking agents. The accessibility of raw materials and the new technological innovations are causing in the growth of anti-caking agents market in the Asia-Pacific region. Moreover, increasing awareness about packaged food products would enhance the market growth. On the other hand, factor like potential health hazard is likely to hinder to market growth.

Asia Pacific Anti-Caking Agents Market Segmentation Analysis:

Asia Pacific Anti-Caking Agents Market is segmented by type into Calcium Compounds, Sodium Compounds, Magnesium Compounds, Microcrystalline Cellulose and Silicon Dioxide. Based on application the market is segregated into Spice, Seasoning & Condiments, Bakery, Flavor, Beverages, Dairy, Fruits & Vegetables and Chocolates. The market for seasonings & condiments is expected to grow at a substantial rate mainly due to the change in consumer's tastes, improvements in food products, and aspiration to attain specific organoleptic properties in food products.

Region Analysis:

Geographically the market is segmented into China, Japan, India, South Korea and Australia. China dominates the market for anti-caking agents in this region. The expanding dairy industry and growing use of milk powders & Cheese is likely to drive the market for anti-caking agents in India.

Key Players in the Market:

Major key players in the Asia Pacific Anti-Caking Agents Market are

Sasol Wax, Fuji Chemicals Industries, Chemipol S.A., Huber Engineered Materials, Agropur Ingredients, PPG Industries Inc., Grain Corporation, IMAC Inc, Evonik Industries AG, BASF, Norkem Group, Kao Chemicals, PQ Corporation, Bogdány Petrol Ltd. and Sweetener Supply Corp.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Calcium Compounds           

                                5.1.2 Sodium Compounds           

                                5.1.3 Magnesium Compounds   

                                5.1.4 Microcrystalline Cellulose

                                5.1.5 Silicon Dioxide       

                5.2 By Application                           

                                5.2.1 Spice          

                                5.2.2 Seasoning & Condiments  

                                5.2.3 Bakery      

                                5.2.4 Flavor        

                                5.2.5 Beverages               

                                5.2.6 Dairy          

                                5.2.7 Fruits & Vegetables             

                                5.2.8 Chocolates              

6. Geographical Analysis                                              

                6.1 Introduction                               

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Sasol Wax                    

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues             

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Fuji Chemicals Industries                      

                8.3 Chemipol S.A.                            

                8.4 Huber Engineered Materials                               

                8.5 Agropur Ingredients                               

                8.6 PPG Industries Inc.                  

                8.7 Grain Corporation                    

                8.8 IMAC Inc                      

                8.9 Evonik Industries AG                              

                8.10 BASF                           

                8.11 Norkem Group                       

                8.12 Kao Chemicals                         

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia-Pacific Anti-Caking Agents Market By Region, From 2022 - 2027 (USD Million)
  2. Asia-Pacific Anti-Caking Agents Market By Type, From 2022 - 2027 (USD Million)
  3. Asia-Pacific Calcium Compounds Market By Region, From 2022 - 2027 (USD Million)
  4. Asia-Pacific Sodium Compounds Market By Region, From 2022 - 2027 (USD Million)
  5. Asia-Pacific Magnesium Compounds Market By Region, From 2022 - 2027 (USD Million)
  6. Asia-Pacific Microcrystalline Cellulose Market By Region, From 2022 - 2027 (USD Million)
  7. Asia-Pacific Silicon Dioxide Market By Region, From 2022 - 2027 (USD Million)
  8. Asia-Pacific Anti-Caking Agents Market By Application, From 2022 - 2027 (USD Million)
  9. Asia-Pacific Spice Market By Region, From 2022 - 2027 (USD Million)
  10. Asia-Pacific Seasoning & Condiments Market By Region, From 2022 - 2027 (USD Million)
  11. Asia-Pacific Bakery Market By Region, From 2022 - 2027 (USD Million)
  12. Asia-Pacific Flavor Market By Region, From 2022 - 2027 (USD Million)
  13. Asia-Pacific Beverages Market By Region, From 2022 - 2027 (USD Million)
  14. Asia-Pacific Dairy Market By Region, From 2022 - 2027 (USD Million)
  15. Asia-Pacific Fruits & Vegetables Market By Region, From 2022 - 2027 (USD Million)
  16. Asia-Pacific Chocolates Market By Region, From 2022 - 2027 (USD Million)
  17. China Anti-Caking Agents Market By Type, From 2022 - 2027 (USD Million)
  18. China Anti-Caking Agents Market By Application, From 2022 - 2027 (USD Million)
  19. India Anti-Caking Agents Market By Type, From 2022 - 2027 (USD Million)
  20. India Anti-Caking Agents Market By Application, From 2022 - 2027 (USD Million)
  21. Japan Anti-Caking Agents Market By Type, From 2022 - 2027 (USD Million)
  22. Japan Anti-Caking Agents Market By Application, From 2022 - 2027 (USD Million)
  23. South Korea Anti-Caking Agents Market By Type, From 2022 - 2027 (USD Million)
  24. South Korea Anti-Caking Agents Market By Application, From 2022 - 2027 (USD Million)
  25. Australia Anti-Caking Agents Market By Type, From 2022 - 2027 (USD Million)
  26. Australia Anti-Caking Agents Market By Application, From 2022 - 2027 (USD Million)

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