Anti-caking Market - Growth, Trends, and Forecast (2020-2025)

The anti-caking market is projected to register a CAGR of 4.67% during the forecast period (2020-2025).

• The consumption of food anti-caking agents is growing with the increasing number of applications in the food industry. 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 the manufacturing and processing of food.
• In addition, these agents are used in various food applications, such as bakery, dairy products, soups and sauces, and other applications.

Key Market Trends

Rising Consumption of Food Ingredients is Boosting the Anti-caking Market

The increasing number and diversity of food applications, changing consumer tastes, and growing level of consumer inclination toward enhanced food quality led to an expansion of the consumer base and innovation of varied food ingredients, including food coating ingredients, food and beverage premixes, and other food ingredients, 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 anti-caking agents, due to their free-flow, texture, long shelf-life, and other organoleptic properties. Moreover, the increasing consumption of various food ingredients is projected to boost the demand for food anti-caking agents.

Asia-Pacific is the Fastest Growing Region

Asia-Pacific is expected to witness a significant increase in the demand for anti-caking agents over the forecast period, owing to the rising population and increasing industrial output in China, India, and Japan. North America and Europe are high mature markets with demand expected to be driven by the application of anti-caking agents in processed foods. Several regulations implemented by the European Food Safety Authority, to restrict the development of anti-caking agents, are expected to challenge the growth of the European market. Growing demand for processed food in Brazil and Argentina, coupled with high demand for dairy products, is expected to complement the growth of the South American market over the forecast period.

Competitive Landscape

The leading players in the anti-caking agents market include Huber Engineered Material, BASF, Agropur Ingredients, and Kao Corp. Companies are investing in new facilities to expand their production capacities, in order to meet the increasing demand for anti-caking agents.

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