The Chinese anti-caking market is projected to grow at a CAGR of 2.8% during the forecast period 2020 - 2025.
- The market is majorly driven by its increasing demand in all food industries, including bakery, dairy products, soups and sauces, and seasoning and condiments, owing to its functional properties, such as moisture absorption functionality. It also maintains the free-flow, texture, and organoleptic properties of the product, along with enhancing the shelf-life of the product. Thus, the high versatility of anti-caking agents is anticipated to further strengthen its demand during the forecast period. Furthermore, the availability of raw materials and the new technology developments are resulting in the growth of the anti-caking agents in the Chinese market.
- However, only specific amounts of anti-caking agents, which are classification as “Generally Recognized as Safe” (GRAS), designated by the US Food and Drug Administration, are permitted in food and beverage applications, further limiting its consumption in the application. Also, several health hazards and side-effects associated with anti-caking agents are anticipated to impact the growth of the market negatively.
Key Market Trends
Rising Demand for Anti-Caking in the Bakery and Confectionery Industry
In the manufacturing of baked goods, the powdered ingredients are easily affected by moisture and temperature, which results in the formation of lumps. Thus, anti-caking agents are used. This eventually results in providing an easy flow and mix evenly during the production process. Some of the most common anti-caking agents used in the bakery industry are bentonite, calcium silicate, silicon dioxide, talc, and sodium aluminosilicate. Regulations set by the regulatory bodies further helps the manufacturer to select not only the type of anti-caking agent to be used in the bakery product but also the amount of the compound to be used. For instance, calcium silicate, including synthetic calcium silicate, is generally recommended to use at levels not exceeding 5% in baking powder, 2% in other food, and 2% in animal feed, by weight, as regulated by FDA in the Code of Federal Regulations.
Acquisitive Demand for Calcium Compound in Various Industries
Some of the calcium compounds are mostly used as an anti-caking agent, recognized as GRAS include calcium ferrocyanide, calcium phosphate (i.e., bone phosphate), calcium silicate, and calcium aluminosilicate. The most common food items which use these compounds in their manufacturing are table salt and fructose-sweetened powdered soft drinks. Also, calcium compounds are used as anti-caking agents, such as Calcium Stearate NF in tablet and capsule lubrication, due to its good anti-adherent and lubricant properties.
The Chinese anti-caking market is competitive and fragmented in nature, owing to the presence of many regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development, as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the market include Evonik Industries AG, Kao Corporation, Qingdao BLS Engineering & Machinery Co. Ltd, Novus International, and ArrMaz Products LP, among others.
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1.2 Study Assumptions
1.3 Scope of the Study
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1.1 Calcium Compounds
5.1.2 Sodium Compounds
5.1.3 Magnesium Compounds
5.1.4 Other Types
5.2 By Application
5.2.1 Food and Beverage
184.108.40.206 Bakery Products
220.127.116.11 Dairy Products
18.104.22.168 Soups and Sauces
22.214.171.124 Beverages Mixes
126.96.36.199 Other Applications
5.2.2 Cosmetics and Personal Care
5.2.4 Other Applications
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 Evonik Industries AG
6.3.2 Kao Corporation
6.3.3 Qingdao BLS Engineering & Machinery Co. Ltd
6.3.4 Novus International
6.3.5 ArrMaz Products LP
6.3.6 Golden Grain Group Limited