Canada Anticaking Market - Growth, Trends, and Forecasts (2020-2025)

The Canadian anticaking market is projected to register a CAGR of 3.86% during the forecast period, 2020-2025.

• The growth in the market is attributed to its moisture absorption functionality, which aids food products in maintaining their organoleptic properties and enhances the shelf-life in food manufacturing and processing. In addition, these agents are used in various food applications, such as bakery, dairy products, soups and sauces, and other applications.
• Some of the commercial anticaking agents available in the market are powered cellulose tricalcium phosphate, sodium bicarbonate, potassium aluminum silicate, polydimethylsiloxane, and magnesium trisilicate.

Key Market Trends

Growing Demand for Retail Food

Food retail is a highly competitive industry in the developed countries. Rising number of retailers, retail channels, and formats are increasing the consumer access to process and convenience foods, and further, increasing the demand for food additives from the food and beverage industry in Canada. While providing consumers with competitive prices, quality, and services, the organized retail sector exposes the consumer to label information and quality comparison with both private labels and branded products.

Rising Consumption of Food Ingredients is Boosting the Anticaking Market

The increasing number and diversity of food applications, changing consumer tastes, and growing level of consumer inclination toward enhanced food quality have led to an expansion of consumer base and innovation of varied food ingredients, like food coating ingredients, food and beverage premixes, and other products, including baking powder, milk and cream powder, cake mixes, and instant soup powder. The growth in the consumption of these food ingredients and products is projected to have a positive impact on the growth of food anticaking agents, due to their properties, such as free-flow, texture, and long shelf-life. Moreover, increasing the consumption of various food ingredients is projected to contribute to the market growth of food anticaking agents.

Competitive Landscape

The leading players in the anticaking market in Canada include Cargill Inc, Corbion Purac, BASF, Huber Engineered Material, and Kao Corp. Companies are investing in new facilities to expand their production capacities, in order to meet the increasing demand for anticaking agents.

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