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Global Anti-Caking Agents Market to Reach USD 950 Million by 2025, Driven by Rising Demand for Food Products

According to a new report by EMR titled, 'Global Anti-Caking Agents Market Report and Forecast 2020-2025', the global market for anti-caking agents is expected to grow at a CAGR of 4.5% in the forecast period of 2020-2025 to reach a value of USD 950 million by 2025.

The market for anti-caking agents is being driven by the rising demand for food products like table salts, dried milk, egg mixes, sugar products, and flours. In Europe, the anti-caking agents for table salts include sodium ferrocyanide and potassium ferrocyanide. The anti-caking agents are categorised into natural and synthetic. Natural ones like magnesium carbonate and calcium carbonate are exorbitant as compared to the synthetic ones. Hence, they are sparingly used. Further, the booming food and beverage industry is expected to aid the market growth of anti-caking agents in the forecast period. Also, the rising demand for calcium compounds, which holds a significant share in the market is expected to enhance the market growth. The product offers varied functionality as well as high suitability in product formulations, as a result, influencing the market positively.

The market is led by various key industry players. PPG Industries, Inc. (NYSE: PPG) is one such key player, which offers the product for distribution. The company offers precipitated silica products, which is colourless, odourless, inert, and extremely absorptive materials that operate as free-flow and carrying agents in processes and products across several industries. The product is used in food, feed, agricultural and industrial chemicals, and catalyst. The anti-caking agent is also used in powdered food, such as table salt, spices, sugar, dried milk, and creamers, among others. The growing demand for these products is strengthening the market growth.

Market Analysis by Source, Type, Application, and Region:

  • The anti-caking agents industry, on the basis of source, is bifurcated into natural and synthetic.
  • Based on type, the industry is divided into calcium compounds, sodium compounds, magnesium compounds, and microcrystalline cellulose, among others.
  • By application, the market is categorised into food and beverage, feed, fertilizer, and cosmetic and personal care, among others.
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for anti-caking agents is being driven by the inflating disposable income of the population.
  • The market is aided by the booming food and beverage industry.
  • The growing consumer awareness about packaged food and altering consumer preference in favour of convenience food products due to busy lifestyle and schedules is invigorating the market growth of anti-caking agents.
  • The growing advancements in the food processing industry are expected to positively influence the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for anti-caking agents for the periods (2015-2019) and (2020-2025).
  • The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the sources, types, applications, and major regions of anti-caking agents. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

PPG Industries, Inc., Solvay S.A., Evonik Industries AG, Kao Corporation, Norkem Limited, and PQ Corporation, among others, are the key players in the global anti-caking agents market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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