Middle East And Africa Food Anti Caking Agents Market

Middle East and Africa Food Anti Caking Agents Market Growth and Forecast (2023 - 2028):

Middle East and Africa Food Anti Caking Agents Market was worth $64.25 million in 2022 and estimated to be growing at a CAGR of 4.26%, to reach $79.19 million by 2028. The Middle East and African region for Food Anti Caking agents market is the one for the fastest growing and evolving markets that holds a great future potential.

Market Overview:

Anti caking agents are a type of food additives that ensure the prevention of formation of lumps or cakes in the food products which make packaging and transport troublesome. By absorption of excessive moisture and covering of particles against water, these additives prevent the formation of cakes. Some the anti caking agents are soluble in water while some of them are soluble in organic solvents.

Drivers and Restraints:

Rising disposable income levels, increasing demand for premium food products, bakery and confectionary foods, technological advancements and product innovations and increasing awareness among the food manufacturers regarding complications caused by caking are the factors which are accountable for the growth of market. Conversely, potential health hazards caused by artificial agents and stringent government regulations are the factors hindering the growth of market.

Middle East and Africa Food Anti Caking Agents Market Segmentation Analysis:

Middle East and Africa 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's tastes, improvements in food products, and aspiration to attain specific organoleptic properties in food products.

Region Analysis:

Geographically the Middle East and Africa Food Anti Caking Agents Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. Middle East is leading the anti caking agents market due to the presence of a developed food industry and increasing awareness among the manufacturers and Africa is estimated to grow at highest CAGR during the forecast period due to rapid growth in regions like South Africa, which is the major market of the region, with exports to the other countries also booming.

Key Players in the Market:

Major Key Players in the MEA Food 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
• Sweetener Supply Corp