Anti-Caking Agents Market Is Likely To See Massive Surge In Demand And Growth In The Forecast Period 2031

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.

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The global Anti-Caking Agents Market Size was valued at $1.1 billion in 2021, and is estimated to reach $2.1 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.

Anti-caking chemicals are used in food and beverages due to rising customer demand for takeout, fast food, and processed foods. Powered cellulose tricalcium phosphate, sodium bicarbonate, polydimethylsiloxane, magnesium trisilicate, potassium aluminum silicate, and polydimethylsiloxane are a few of the commercial anti-caking substances on the market.

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.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

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.

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As per application, it is categorized into dairy, bakery, seasoning and condiments, and others. The bakery segment is anticipated to grow at the highest CAGR during the forecast period, due to the consumption of bakery products such as cookies, muffins, pastries and others. The sale of anti-caking agent bakeries is one of the industry's fastest-growing sales channels. Because they are easily available. For the purpose of attracting more customers, this platform provides a variety of discounts on bakery product purchases.

By application, the dairy segment contributed to the lion's share in 2021, accounting for nearly two-fifths of the global anti-caking agents market. This is due to the fact that protein, calcium, and vitamin B are nutrients found in dairy products that help with bone and tooth development and maintenance, muscle repair and regeneration, and nervous system health in general.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

By source, natural segment was the highest revenue contributor to the market in 2021, and is estimated to reach $1,041.8 million by 2031, with a CAGR of 6.0%.

On the basis of type, calcium compounds segment was the highest revenue contributor to the market in 2021, with a CAGR of 6.1%.

On the basis of application, dairy segment dominated the global market in 2021, and is likely to remain dominant during the forecast period.

Region-wise, Europe was the highest revenue contributor, accounting for $392.4 million in 2021, with a CAGR of 7.1%

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