Global Anti-Caking Agents Market Report and Forecast 2024-2032
Global Anti-Caking Agents Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global anti-caking agents market is projected to grow at a CAGR of 4.5% between 2024 and 2032. Aided by the accelerated demand for processed foods, combined with the critical necessity of maintaining product texture and quality, the market is expected to grow significantly by 2032.
Anti-caking agents, as the name suggests, are substances that prevent the formation of lumps or caking in powdered or granulated materials. Frequently used in food processing, these agents are crucial in ensuring that products retain their free-flowing nature, which is pivotal for packaging, transport, and end-consumer use. Predominant in sectors like food, feed, and fertilisers, they ensure that products like table salt, milk powder, sugar, and many others remain lump-free and maintain their essential texture.
One of the primary drivers of the global anti-caking agents market growth is the burgeoning processed food industry. As urbanisation spreads and lifestyles become increasingly hectic, the reliance on processed and convenience foods has skyrocketed. These foods, while being easy to prepare and consume, need to have a certain consistency and texture for consumer appeal. Anti-caking agents play an indispensable role in maintaining these attributes.
Additionally, the expansion of the global population and the subsequent surge in food demand underscore the importance of food preservation and quality. This is where anti-caking agents showcase their value, ensuring that food products maintain their integrity over prolonged periods.
Beyond the food sector, the fertiliser industry generates a steady anti-caking agents market demand. Agricultural intensification, driven by the need to cater to the ever-growing global populace, necessitates the use of fertilisers. These chemical agents, often stored in large quantities, are susceptible to moisture. Anti-caking agents ensure that these fertilisers retain their granulated or powdered form, aiding easy application.
However, it is not just about preventing caking; these agents play a vital role in the feed industry as well. As per the anti-caking agents market analysis, as the global demand for meat and dairy products persists, the livestock sector's reliance on feed has intensified. Anti-caking agents, ensuring that feed remains free-flowing, play a pivotal role in ensuring efficient feed utilisation.
Market Segmentation
The market can be divided based on source, type, application, and region.
Market Breakup by Source
Market Breakup by Type
- Calcium Compounds
- Sodium Compounds
- Magnesium Compounds
- Microcrystalline Cellulose
- Others
Market Breakup by Application
- Food and Beverage
- Feed
- Fertiliser
- Cosmetic and Personal Care
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global anti-caking agents market. Some of the major players explored in the report by Expert Market Research are as follows:
- PPG Industries, Inc.
- Solvay S.A.
- Evonik Industries AG
- Kao Corporation
- Norkem Limited
- PQ Corporation
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.