Rising at 6.4% CAGR, Anti-Caking Agents Market Size to Reach $2.1 billion by 2031 - Exclusive Report by Allied Market Research

Allied Market Research published a report, titled, "Anti-Caking Agents Market by Source (Natural, Synthetic), by Type (Calcium Compounds, Sodium Compounds, Others), by Application (Dairy, Bakery, Seasonings and Condiments, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global anti-caking agents industry was estimated at $1.1 billion in 2021, and is anticipated to hit $2.1 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The report offers an explicit analysis of the changing market trends, top segments, key investment pockets, value chain, competitive scenario, and regional landscape.

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Drivers, restraints, and opportunities-

Increased demand for convenience food such as packaged food and ready-to-eat food drives the growth of the anti-caking agents market. On the other hand, strict government policies regarding the usage of chemical products restrain the growth to some extent. However, advent of top-end anti-caking agents and their features that benefit retailers to understand consumer behavior is expected to create lucrative opportunities in the industry.

Regional Analysis:

Europe garnered the major share in 2021-

By region, Europe held the major share in 2021, contributing to more than one-third of the global anti-caking agents market. The same region is also anticipated to showcase the fastest CAGR of 7.1% from 2022 to 2031. In order to satisfy consumer demand and increase overall production, European businesses are investing in their infrastructure. In light of all these influences, the market for bakery ingredients in this province is expanding with a full sway.

Major Key Companies:

The major players analyzed for the global Anti-Caking Agents industry are Evonik Industries AG (US), PPG Industries Inc. (US), Brenntag AG (Germany), Univar Solutions Inc. (US), Solvay SA (Belgium), Cabot Corporation (US), Agropur Ingredients (US), Huber Engineered Material, Kao Corp., IMAC Inc.

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The global Anti-Caking Agents Market is segmented into source, type application, and region. By source, the Anti-Caking Agents Market is segmented into natural and synthetic. Among these, the synthetic segment occupied the major share of the market in 2021 and is projected to maintain its dominance during the forecast period. The growth of the natural segment is attributed to the surge in demand for skiing and a growing number of food industries. However, the natural segment is anticipated to grow at the highest CAGR in the future.

Reason to Buy:

✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Anti-Caking Agents Market.
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✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
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By type, the calcium compounds segment contributed to the highest share in 2021, holding nearly half of the global anti-caking agents market. This is because calcium compounds prevent dry foods from sticking to one another, preserving the products' dryness and free-flowing qualities. The sodium compounds segment, simultaneously, would manifest the fastest CAGR of 6.7% during the forecast period. This is due to the fact that the shelf life of foods and cosmetics is extended by sodium compounds, which also preserve the freshness of dried fruit and vegetable products.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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