The global anti-caking agents market is expected to grow at a CAGR of 4.50% in the forecast period of 2025-2034 to reach a value of USD 1.23 billion by 2034.
This can be attributed to the many factors, such as changing lifestyles, growing population, increasing inclination towards junk food consumption, westernised eating habits, and rising awareness regarding packaged food benefits. The market is further being propelled by the rising technological advancements within the food and dairy industry, which ultimately influences the market growth of anti-caking agents.
However, the market is negatively affected by the various regulations implemented by the European Food Safety Authority on the use of anti-caking agents and may restrain the market growth of anti-caking agents.
Rising Food Industry to Aid the Global Market for Anti-Caking Agents
The market for anti-caking agents is being driven by the high potential of the product across the globe. Europe is one of the dominating markets for anti-caking agents, along with North America. The market in North America is led by the growth in the food industry, which is accelerating the market growth of anti-caking agents. The Asia-Pacific is one of the fastest-growing regions across the globe for anti-caking agents.This can be attributed to the many factors, such as changing lifestyles, growing population, increasing inclination towards junk food consumption, westernised eating habits, and rising awareness regarding packaged food benefits. The market is further being propelled by the rising technological advancements within the food and dairy industry, which ultimately influences the market growth of anti-caking agents.
Anti-Caking Agents: Market Segmentation
Anti-caking agents are used in the food industry as an additive in meat products, seasoning and condiments, soups and sauces, bakery, dairy products, and sweeteners. It is used in the powder form or granules to inhibit the formation of lumps in food products and for easy packaging, consumption, and transport. They do not add any nutritional value. Some of the anti-caking agents include sodium ferrocyanide, sodium bicarbonate, and silicon dioxide.On the basis of source, the market is bifurcated into:
- Natural
- Synthetic
Based on type, the industry can be segmented into:
- Calcium Compounds
- Sodium Compounds
- Magnesium Compounds
- Microcrystalline Cellulose
- Others
On the basis of application, the industry is categorised into:
- Food and Beverage
- Feed
- Fertilizer
- Cosmetic and Personal Care
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Growing Consumer Awareness to Aid the Global Market Growth of Anti-Caking Agents
The market for anti-caking agents is being driven by the rising food and beverage industry, which is positively impacted by the growing consumer awareness regarding packaged food, inflating disposable incomes, rising population, and changing consumer preference towards the consumption of convenience food. These factors are expected to aid the market growth in the forecast period as well.However, the market is negatively affected by the various regulations implemented by the European Food Safety Authority on the use of anti-caking agents and may restrain the market growth of anti-caking agents.
Key Industry Players in the Global Anti-Caking Agents Market
The report gives a detailed analysis of the following key players in the global anti-caking agents market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- PPG Industries, Inc.
- Solvay S.A.
- Evonik Industries AG
- Kao Corporation
- Norkem Limited
- PQ Corporation
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Anti-Caking Agents Market Analysis
6 North America Anti-Caking Agents Market Analysis
7 Europe Anti-Caking Agents Market Analysis
8 Asia-Pacific Anti-Caking Agents Market Analysis
9 Latin America Anti-Caking Agents Market Analysis
10 Middle East and Africa Anti-Caking Agents Market Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
The key companies featured in this Anti-Caking Agents market report include:- PPG Industries, Inc.
- Solvay S.A.
- Evonik Industries AG
- Kao Corporation
- Norkem Limited
- PQ Corporation