France anti-caking market is projected to grow at a CAGR of 4.51% during the forecast period (2020 - 2025).
Key Market Trends
Growing Demand in Bakery Industry
The industry in recent years has recorded exponential growth in the number of bakery openings, reflecting the proportional rise in bakery goods consumption in the country. According to Eurostat, the bakery turnover in the country rose by 25% between the years 2008 to 2014. This significant thrust in bakery consumption in the country remained a key factor driving the bakery ingredients market, including anti-caking agents in the country. This also resulted in ingredient manufacturers expanding their product portfolios with anti-caking agents to meet growing demand from bakeries.
Calcium Compounds Held the Largest Market Share
Calcium compounds are extensively used in food and beverages in products like baking powders, desserts, custard mix, etc. Calcium silicate (CaSiO3), is one of the most commonly used anti-caking agents which is added to table salt, etc. that adsorbs both water and oil. Calcium compounds owing to their diverse functionality enjoys great desirability across the applications. For instance, the compound serves from acting as an anti-caking agent in food to non-food items like road salt, fertilizers, cosmetics, synthetic detergents, and in other such manufacturing applications.
Competitive Landscape
France anti-caking market is highly fragmented, owing to the presence of numerous players involved in the market. The country witnesses great dominance from European and Asian players, with leading positions held by Merck, BASF, and Kao Corporation. Merger and acquisition are some common strategies adopted by market players to sustain the competition.
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- Owing to the multifunctional attributes possessed by anti-caking agents from vitalizing food products to cosmetics to industrial chemicals, the additive enjoys high desirability among manufacturers across the applications.
- Food claims the largest consumption of anti-caking agents and is extensively used by manufacturers to maintain the organoleptic properties of food products along with enhancing its shelf-life during the value chain.
Key Market Trends
Growing Demand in Bakery Industry
The industry in recent years has recorded exponential growth in the number of bakery openings, reflecting the proportional rise in bakery goods consumption in the country. According to Eurostat, the bakery turnover in the country rose by 25% between the years 2008 to 2014. This significant thrust in bakery consumption in the country remained a key factor driving the bakery ingredients market, including anti-caking agents in the country. This also resulted in ingredient manufacturers expanding their product portfolios with anti-caking agents to meet growing demand from bakeries.
Calcium Compounds Held the Largest Market Share
Calcium compounds are extensively used in food and beverages in products like baking powders, desserts, custard mix, etc. Calcium silicate (CaSiO3), is one of the most commonly used anti-caking agents which is added to table salt, etc. that adsorbs both water and oil. Calcium compounds owing to their diverse functionality enjoys great desirability across the applications. For instance, the compound serves from acting as an anti-caking agent in food to non-food items like road salt, fertilizers, cosmetics, synthetic detergents, and in other such manufacturing applications.
Competitive Landscape
France anti-caking market is highly fragmented, owing to the presence of numerous players involved in the market. The country witnesses great dominance from European and Asian players, with leading positions held by Merck, BASF, and Kao Corporation. Merger and acquisition are some common strategies adopted by market players to sustain the competition.
Reasons to Purchase this report:
- 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 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Merck KGaA
- BASF SE
- Kao Corporation
- Roquette Freres
- Arkema S.A
- Evonik Industries AG
Methodology
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