The Anti-Caking Agents Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Anti-Caking Agents Market is estimated to be $655 million and predicted to rise to $812.35 million with a CAGR of 4.4%. The market is segmented 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). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
Growing demand for bakery and confectionary is driving the market for anti-caking agents all over the globe. The growth of anti-caking agents is associated to consumers’ search for value ingredients, which have urged product improvements and need the agents to avoid caking. The major restraint being met by the industry is the high cost for natural anti caking agents and therefore the chances lies in for the producers to revolutionize in technological innovations under the natural category.
Calcium compounds lead the global demand for food anti-caking agents due to their functionality and high aptness in product preparations. The market for silicon dioxide is poised for better potential growth in the upcoming years. The market for seasonings & condiments is expected to grow at a substantial rate mostly due to the change in consumer’s tastes.
Asia Pacific is anticipated to witness noteworthy increase in anti-caking agents demand over the forecast period on account of increasing population and growing industrial output in China, India and Japan. Several guidelines implemented by European Food Safety Authority to limit development of anti-caking agents are estimated to challenge European market growth.
Key companies operating in anti-caking agents market includes, 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.
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-anti-caking-agents-market-1503/” and checkout our recent reports in the Additives category at “http://www.marketdataforecast.com/research-reports/food-and-beverages/food-additives-9/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.