Anti-caking Agents Market Size, Share & Industry Analysis, By Source (Natural, Synthetic), By Application (Dairy Products, Seasoning, Soups, Sauces, Fertilizers, Others), By End-Use (Food, Agrochemicals, Feed, Others) and regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Anti-caking agents are powdered or granulated class of additives used to prevent lumping of the substance. These agents are used to ensure easier packaging, flowability and consumption. The caking of a substance depends upon its nature. Crystalline solid substances cake due to the formation of liquid bridges and fusion of microcrystals while amorphous solids lump when their viscosity changes, and due to glass transitions. Anti-caking agents often function by absorbing excess moisture or by making substance water repellent by coating its particles.
There has been substantial increase in the demand for convenience food in the last decade. The increasing inclination of consumers towards packaged and ready to cook foods like instant soups, noodles, pasta and other similar food products shall foster the market growth. Additionally, the increasing demand from agrochemical sectors for synthesizing fertilizers is likely to boost the market growth.
However, the addition of anti-caking agents can degrade the nutritional value of the food. The use of anti-caking agent can cause additional deprivation of vitamin C added to the food which shall limit the market growth.
Key Market Driver -
Increase in demand for packaged food products.
Key Market Restraint -
Negative effect on the food products
Market Segmentation:
Based on source, the market is segmented into natural and synthetic. Based on application, the market is segmented into dairy products, seasoning, soups, sauces, fertilizers, and others. Based on end-use, the market is segmented into food, agrochemicals, feed, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The global anti-caking agents market consists of global & regional players operating. Some of the key players in the market include Evonik Industries AG, Brenntag AG, PPG Industries, Univar Inc., Agropur Ingredients, Solvay, International Media and Cultures, Inc., Huber Engineered Materials, Sweetener Supply Corp., and Others.
Key Insights
- New Advancements in Production Technologies
- Key Trends in the Anti-caking Agents Market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe accounted for the largest share in 2014, attributed to the high demand for packaged foods. Asia Pacific is the fastest growing market and is estimated to surpass Europe due to the increasing adoption of western eating habits and food culture. Accredited to the busy lifestyle and substantial increase in use of ready-to cook food products, North America is expected to contribute significantly. Latin America and Middle East and Africa is expected to show considerable growth by the end of the forecast period.
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Segmentation
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Anti-caking Agents Industry Developments
- In September 2018, Evonik expanded the capacity of the hydrophobic fumed Silica at its manufacturing facility of Rheinfelden, Germany supporting the growth in demand from various application areas.
- In August 2017, Grace Group and Evonik entered into a definitive agreement to acquire the dental silica and hubber defoamer, defoaming and anti-caking agent product lines.
- Ongoing
- 2023
- 2019-2022
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