[251 Pages Report] According to MarketsandMarkets™, the Global Food Anti-Caking Agents Market was worth around USD 822 million in 2020 and is estimated to grow to about USD 1,074 million by 2025, with a compound annual growth rate (CAGR) of approximately 5.5% over the forecast period. One of the major factors driving the food anti-caking agents industry is the increasing gap between cocoa butter demand & supply. Also, the increase in the consumption of confectionery and processed foods and rise in the demand for clean label food products have been driving the growth of this market.
The growth in the consumption of the food ingredients such as baking powder, milk & cream powder, cake mixes, and instant soup powder is expected to have an influential effect (positive) on the growth of food anti-caking agents, owing to their important functionality of maintaining free-flowing ability, texture & other organoleptic properties, and long shelf-life. Consequently, the growth in the consumption of food anti-caking agents is directly influenced by the growth in consumption of different food ingredients (especially, those that are hygroscopic in nature). These are the driving factors of food anti-caking agents market.
Increase in living standards and changes in lifestyles (busy lifestyles) have led to change in eating habits, making consumers value convenience. The demand for food anti-caking agents is thus on the rise in emerging markets as the demand for convenience food with enhanced quality and shelf-life is increasing. Fast foods are also being increasingly differentiated from junk food as consumers seek options that are quick and easy but at the same time healthy. These are the opportunities of food anti-caking agents market.
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Silicon dioxide is a widely accepted food anti-caking agent. It is available in natural as well as synthetic forms. Several natural sources of silicon dioxide are sand or quartz, rice husk powder, leafy green vegetables, beets, bell peppers, brown rice and oats, and alfalfa. Regulatory and consumer acceptance are key factors responsible for market growth.
Consumers’ demand for convenience food of high quality and long-lasting shelf life is continuously rising due to the changing life style and hectic schedule. Further growth in population, drives the upsurge in demand for food, growing level of emphasis on hygiene in food manufacturing practices, concern towards food safety, ease in storage and packaging, and convenience in transportation of powdery food products such as seasonings and condiments that drive global growth in demand for food anti-caking agents.
North American markets are estimated to account for the largest market share in the global markets, and this growth is attributed to high consumption and continuously rising demand for a diverse range of food ingredients (which are hygroscopic in nature) and premixes in a varied range of food products/applications.
The major vendors in the global food anti-caking agents market are Evonik Industries AG (US), PPG Industries, Inc. (US), Brenntag AG (Germany), Univar Solutions Inc. (US) and Solvay SA (Belgium).
