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Global Food Anti Caking Agents Market By Type and Application 2021

 



(Entertainment-NewsWire.com, February 02, 2018 ) Anticaking Agent is the food additive that prevents the development of lumps in certain solids by facilitating a free-flowing condition. They also assist in maintaining texture and other organoleptic properties and improve the shelf life of the products. Anticaking agents have applications in road salt, cosmetics, fertilizers, feed, and synthetic detergents. They are solvable in water, alcohol and other organic solvents.The Global Food Anti Caking Agents Market was worth $655 million in 2016 and estimated to be growing at a CAGR of 4.4%, to reach $812.35 million by 2021.

The growing level of user inclination for enhanced food quality has led to the growth in consumption and development of diverse food ingredients, including food coating ingredients and food & beverage premixes. The rise in the consumption of the food ingredients has caused in an increase in demand for food anti-caking agents. Growing disposable incomes and increasing technological improvements in the food and dairy industry are acting as drivers for the growth of this market. Though, factors such as possible health threats and government regulations might be challenging for the growth of Food Anti Caking Agents Market.

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Global Food Anti Caking Agents Market is segmented by type into Calcium Compounds, Sodium Compounds, Magnesium Compounds, Microcrystalline Cellulose and Silicon Dioxide. Based on the application the market is segregated into Spice, Seasoning & Condiments, Bakery, Flavor, Beverages, Dairy, Fruits & Vegetables and Chocolates. The market for seasonings & condiments is anticipated to grow at a considerable rate largely due to the change in consumer tastes, improvements in food products, and target to attain specific organoleptic properties in food products.

Geographically the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Europe dominated the Food Anti Caking Agents Market in 2016 and is projected to continue as the largest during the forecast period. Growing demand for convenience foods with characteristics such as enriched quality and shelf life in developing economies of Asia has led to the extensive utilization of food anti caking agents.

The major companies operating in the Food Anti Caking agents market are Sasol Wax, Fuji Chemicals Industries, IMAC Inc, Evonik Industries AG, BASF, Norkem Group, Chemipol S.A., PPG Industries Inc., Grain Corporation, Kao Chemicals, PQ Corporation, Huber Engineered Materials, Agropur Ingredients, Bogdány Petrol Ltd. and Sweetener Supply Corp.

Scope of the Report:

Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Segment-level analysis in terms of application and type along with market size forecasts and estimations to detect key areas of industry growth in detail

Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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Source: EmailWire.Com

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