Anti-Caking Agents Market Size, Share, Opportunities, And Trends By Type (Calcium Compounds, Sodium Compounds, Magnesium Compounds, Other Types), By Application (Food And Beverage, Cosmetic And Personal Care), And By Geography - Forecasts From 2023 To 2028

  • Published : Apr 2023
  • Report Code : KSI061614935
  • Pages : 147

The anti-caking agents market is projected to show steady growth during the forecast period.

Anti-caking agents are additives added to powdered or granulated products to stop the development of lumps and improve the product's flowability, packing, shipping, and consumer convenience. Certain anti-caking agents work by soaking up more moisture or by covering particles with a water-repellent coating. Starch, calcium silicate, magnesium carbonate, sodium aluminosilicate, potassium ferrocyanide,  silicon dioxide and silica are a few examples of commercial anti-caking agents. Anti-caking agents are predominately used in food products such as milk & cream powders, icing sugar, grated cheese, baking powder, salt, spices, cake mixes, and instant soup powder, as well as coffee powders that are used in vending machines. Anti-caking agents are also used in non-food products such as pet food, animal feed, cosmetic products, fertilisers, road salts, detergent powder, and talcum powder.

The application of anti-caking compounds in various industry verticals such as food & beverage, Cosmetic and Personal Care and animal feed sector is driving the growth of the market globally. Other determinants such as the convenience of packaging, transportation, and consumption along with the increased shelf life of the product are driving the growth of this market. Growing demand for convenience food products such as processed food, bakery goods, ready-to-eat meals, instant coffee & soup is also positively impacting the market prospects during the forecast period. Rising disposable income and shifting consumer preferences are also significant drivers of development in the anti-caking agents market. The general millennial population prefers processed meals as a result of lifestyle choices.

However, stringent rules and regulations by the government and a lack of nutritive value are obstructing the growth of the global market for anti-caking during the analysis period. Research by the Institute of Food Technologists shows the detrimental impact of anti-caking agents on food's nutritional value as it cause the added vitamin C to be further degraded.

During the anticipation period, the rising demand from the food and beverage industry will support the growth of the global anti-caking agents market.

The food and beverage industry is one of the key users of anti-caking agents. Anti-caking agents are used as an additive in powdered food products to prevent them from caking or lumping. They are used in a plethora of food products such as condiments, seasoning, dairy products, bakery ingredients, sauces, and instant soups. Therefore growing demand for convenient food products is driving the growth of the market. People are increasingly looking for food products that are easy to prepare and eat due to lifestyle changes, busy daily schedules, and corporate work cultures. This factor is driving up consumer demand for packaged and processed foods including snacks, drinks, confectionery, etc. Also, the rise of the convenience food industry is being fueled by growing living standards, growth in the proportion of women in the workforce, and a rise in the number of large retail chains.

Anti-caking agents are abundantly used in bakery ingredients such as baking soda, cream & milk powder. Therefore growing demand for bakery products is also driving the growth of this market. According to data from the Government of Canada, retail sales of baked products increased at a compound annual growth rate of 4.6 per cent from 2017 to 2021, reaching a total value of US$407.2 billion globally. Canada sold US$6.6 billion worth of bakery products in 2021 or 1.6 per cent of all global sales. From 2017 to 2021, retail sales of baked products in Canada expanded at a CAGR of 3.3 per cent, and from 2022 to 2026, they are predicted to grow at a CAGR of 3.5 per cent, reaching US$7.8 billion.

Moreover, the growing number and diversity of food applications, changing consumer tastes, and growing consumer inclination towards enhanced food quality are increasing the demand for varied food ingredients. Therefore, rising demand for such food ingredients will propel market growth as they add anti-caking agents because they improve the texture, extends shelf life and prevent the product from clumping.

Asia Pacific is anticipated to hold a significant global anti-caking agents market share during the forecast period.

Asia Pacific region is anticipated to hold a significant market share in anti-caking. This region will witness high growth during the forecast period owing to the growing demand for Western-style diets, increased urbanisation, and rising disposable income. Anti-caking substances are in increasing demand in emerging economies like China and India. The market is expanding in this region due to factors such as changing eating patterns, traditional snacking behaviours, and rising consumption of processed RTE food items. An increase in the participation of women in the workforce along with the flourishing HoReCa & food service industry are all contributing to the market's expansion. Also, the rise of new companies with fresh and cutting-edge products along with the existence of key market players in Asia Pacific countries is fueling demand. Prime markets in the Asia Pacific region are India, China, Japan, South Korea, Thailand, Taiwan and Indonesia.

Market Key Developments

  • In October 2021, Omya a leading global producer of calcium carbonate, and Freeman Technology, a global leader in powder characterization technology, collaborated to develop new anti-caking agents using powder testing technology.
  • In December 2021, Omya launched Omyafood 120, a nano-free anti-caking agents for handling and processing powders that offers excellent porosity, a high capacity to bind moisture, and decreased mechanical interlocking. Based on functionalized calcium carbonate particles, it has a novel mineral composition and structure as a result of a proprietary recrystallization technology.
  • In October 2021, Asiros Nordic A/S launched a line of Berry Shield Juice Premium Powders. The powders contain Sunfiber from Taiyo GmbH, which takes the place of maltodextrin, an anti-caking compound that might raise blood sugar levels and have detrimental effects on the stomach.

Segmentation:

  • By Type
    • Calcium Compounds
    • Sodium Compounds
    • Magnesium Compounds
    • Other Types
  • By Application
    • Food and Beverage
      • Bakery Products
      • Dairy Products
      • Soups and Sauces
      • Beverages
      • Others
    • Cosmetic and Personal Care
      • Feed
      • Other Applications
  • By Geography
    • North America
      • USA
      • Canada
      • Others
    • South America
      • Brazil
      • Others
    • Europe
      • Germany
      • UK
      • France
      • Others
    • Middle East and Africa
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Taiwan
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL ANTI-CAKING  AGENTS MARKET, BY TYPE

5.1. Introduction

5.2. Calcium Compounds

5.3. Sodium Compounds

5.4. Magnesium Compounds

5.5. Other Types

6. GLOBAL ANTI-CAKING AGENTS MARKET, BY APPLICATION

6.1. Introduction

6.2. Food and Beverage

6.2.1. Bakery Products

6.2.2. Dairy Products

6.2.3. Soups and Sauces

6.2.4. Beverages

6.2.5. Others

6.3. Cosmetic and Personal Care

6.4. Feed

6.5. Other Applications

7. GLOBAL ANTI-CAKING AGENTS MARKET, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Spain

7.4.5. Others

7.5. The Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES          

9.1. Merck KGaA

9.2. Agropur US

9.3. BASF SE

9.4. Kao Corporation

9.5. PQ Corporation

9.6. Huber Engineered Materials

9.7. Roquette Freres

9.8. Omya

9.9. Du Pont

9.10. Sigma-Aldrich


Merck KGaA

Agropur US

BASF SE

Kao Corporation

PQ Corporation

Huber Engineered Materials

Roquette Freres

Omya

Du Pont

Sigma-Aldrich