The Food Anti-Caking Agents Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Food Anti-Caking Agents Global Market Report 2024, The food anti-caking agents market size has grown strongly in recent years. It will grow from $0.82 billion in 2023 to $0.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased consumer demand for convenience and processed foods, growth in the food and beverage industry globally, need for food shelf-life extension and preservation, expansion of snack and ready-to-eat food products, regulatory approval and safe usage of anti-caking agents, demand for anti-caking agents in bakery, dairy, and seasoning industries.
The food anti-caking agents market size is expected to see strong growth in the next few years. It will grow to $1.13 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to adoption of clean label and natural anti-caking solutions, emphasis on sustainable and eco-friendly food additives, research and development in novel anti-caking technologies, need for enhanced flowability in powdered food applications, expansion of anti-caking agent applications in meat and poultry processing, growing demand for anti-caking agents in dietary supplements. Major trends in the forecast period include innovations in nanotechnology, dual functionality with other additives, microencapsulation techniques, antimicrobial anti-caking agents, sustainable sourcing and production.
The increasing consumption of processed food is expected to propel the growth of the food anti-caking agents market. Demand for packaged and ready-to-eat food is growing due to busy lifestyles, changing eating habits of the population worldwide, and the spread of COVID-19 pandemic. Food anti-caking agents are increasingly being used in packaged and convenience food products to prevent the lumps in food. For instance, in October 2021, according to the research of NYU School of Global Public Health, consumption of ultra-processed foods has increased over the past two decades across nearly all segments of the US population. Therefore, the increasing consumption of processed food drives the growth of the food anti-caking agents market.
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The food anti-caking agents market covered in this report is segmented –
1) By Type: Calcium Compounds, Sodium Compounds, Magnesium Compounds, Microcrystalline Cellulose, Other Types
2) By Source: Synthetic, Natural
3) By Application: Seasoning And Condiments, Bakery, Dairy Products, Soups And Sauces, Other Applications
Natural or organic anti-caking agents are a key trend gaining popularity in the food anti-caking agents market. Major companies operating in the food anti-caking agent market are focusing on natural or organic anti-caking agents to strengthen their position. For instance, RIBUS, Inc., a US-based manufacturer of high-quality specialty ingredients for food, beverage, and dietary supplement manufacture and provide The Synthetics Replacer, Nu-FLOW made of natural rice hulls that are sterilized and grounded to fine powdered form. It can be used as an anti-caking or flow aid or diluent.
The food anti-caking agents market report table of contents includes:
- Executive Summary
- Food Anti-Caking Agents Market Characteristics
- Food Anti-Caking Agents Market Trends And Strategies
- Food Anti-Caking Agents Market – Macro Economic Scenario
- Global Food Anti-Caking Agents Market Size and Growth
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- Global Food Anti-Caking Agents Market Competitive Benchmarking
- Global Food Anti-Caking Agents Market Competitive Dashboard
- Key Mergers And Acquisitions In The Food Anti-Caking Agents Market
- Food Anti-Caking Agents Market Future Outlook and Potential Analysis
- Appendix
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