Africa anti-caking agent market is projected to grow at a CAGR of 2.67% during the forecast period (2020-2025).
Key Market Trends
Upsurge in the Application in Dairy Sector
In Africa, Ethiopia, Kenya, South Africa, and Sudan holds the prominent dairy sector of the region, where powdered milk and cream, grated cheese, and other dairy products are extensively consumed catering way to the anti-caking agents market in the region. In South Africa, the per capita consumption of cheese increased from 1.0 to 1.9 kg per year since 1995, according to Agri-Expo and the consumption is projected to incline in the forecast period, therefore contributing to the market studied. The consumers of the region have been experimenting with the flavor and form of the dairy products, which provides growth opportunities to the players operating in the market studied and drives the demand for innovative anti-caking agents.
South Africa is the Largest Market
South Africa is among the most developed nation of the region demanding better quality food, personal care products, and others. The higher consumption of alcoholic and non-alcoholic beverages in the country caters to the demand for silicon dioxide, as an anti-caking agent. It is mainly used in the production of beer and is filtered off before the final processing as it works by clumping up the dissolved matter and helping it to drop out of suspension, thus clarifying the beer. Additionally, with the rise in the confectionery segment of the country, the application of anti-caking agents in the powdered sugar also increases.
Competitive Landscape
The South Africa anti-caking agents market is consolidated with leading companies holding the maximum share in the market. The key players in the market are Evonik Industries AG, Merck KGaA and others. The major strategies adopted by the companies are expansion, mergers and acquisitions and partnerships.
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- The varied application of anti-caking agents drives the growth of the market. The food and beverage sector in Africa is continuously expanding providing more opportunities to the players of the market studied to come up with innovative ingredients to cater to the market studied. The other developing industries of the region also aid market growth.
- The food industry caters the largest share to the market studied with its application in food & beverage premixes, and others including baking powder, milk & cream powder, cake mixes in order to control, reduce or prevent the caking of particulate matter such as powders or granules.
- Calcium compounds hold a prominent share of the market studied owing to its wide application in table salt, which absorbs both water and oil. Additionally, the non-food application also contributes a significant share to the market.
Key Market Trends
Upsurge in the Application in Dairy Sector
In Africa, Ethiopia, Kenya, South Africa, and Sudan holds the prominent dairy sector of the region, where powdered milk and cream, grated cheese, and other dairy products are extensively consumed catering way to the anti-caking agents market in the region. In South Africa, the per capita consumption of cheese increased from 1.0 to 1.9 kg per year since 1995, according to Agri-Expo and the consumption is projected to incline in the forecast period, therefore contributing to the market studied. The consumers of the region have been experimenting with the flavor and form of the dairy products, which provides growth opportunities to the players operating in the market studied and drives the demand for innovative anti-caking agents.
South Africa is the Largest Market
South Africa is among the most developed nation of the region demanding better quality food, personal care products, and others. The higher consumption of alcoholic and non-alcoholic beverages in the country caters to the demand for silicon dioxide, as an anti-caking agent. It is mainly used in the production of beer and is filtered off before the final processing as it works by clumping up the dissolved matter and helping it to drop out of suspension, thus clarifying the beer. Additionally, with the rise in the confectionery segment of the country, the application of anti-caking agents in the powdered sugar also increases.
Competitive Landscape
The South Africa anti-caking agents market is consolidated with leading companies holding the maximum share in the market. The key players in the market are Evonik Industries AG, Merck KGaA and others. The major strategies adopted by the companies are expansion, mergers and acquisitions and partnerships.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
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This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned
A selection of companies mentioned in this report includes:
- Merck KGaA
- ArrMaz
- Evonik Industries AG
- PPG Industries, Inc.
- Solvay
- PQ Corporation
Methodology
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