Latin America Food Anti Caking Agents Market was worth 30.77 million in 2024 and estimated to be growing at a CAGR of 4.76%, to reach 38.82 million by 2029. The recent agreement between the Latin American nations to blend the food legislation has had a positive impact on the permissibility of food additives.
Caking is the formation of cakes or lumps in the food products, which cause complications while packing, transporting, and consuming. Anti-caking agents are a type of food additive that prevents the formation of caking either by absorbing the additional moisture or dampness or by covering the particles and making them water-repulsive and thus preventing the formation of cakes. Some types of commonly used caking agents are silicates, acids, etc.
Factors like varying lifestyles of individuals, inclining preference towards the bakery, confectionery, and convenience foods, growing population, and increasing awareness among the manufacturers regarding complications in the packaging of foods and their remedies are driving the growth of the market. However, the high raw material and processing costs of natural anti-caking agents and strict government regulations are the factors restricting the growth of the market.
Latin America Food 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 tastes, improvements in food products, and aspiration to attain specific organoleptic properties in food products.
Geographically the Latin America Food Anti Caking Agents Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Mexico is dominating the region’s market for Food Anti Caking agents and predicted to continue the dominance over the forecast period due to its use in many types of food products like cheese, powder formulas, bakery products and convenience foods.
Major Key Players in the Latin America Food Anti Caking Agents Market are
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1200
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region