Anti-Caking Agent Market Size & Share, by Type (Bentonite, Calcium Silicates, Sodium Compounds, Silicon Dioxide and Microcrystalline Cellulose); Source (Natural and Synthetic) and By Application (Food Products, Feed, Agricultural Fertilizers, Industrial Chemicals, Catalyst) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 2646
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Anti-Caking Agent Market size was valued at USD 1.26 billion in 2023 and is likely to cross USD 2.86 billion by 2036, expanding at more than 6.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of anti-caking agent is estimated at USD 1.33 billion. Increasing demand from various industries like food, feed and, fertilizers as well as multifunctional properties of anti-caking agent such as moisture absorption and oxygen scavenging properties which enhances the shelf-life in the manufacturing and processing of food are some of the significant factors boosting the anti-caking agent market growth.


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Anti-Caking Agent Sector: Growth Drivers and Challenges

Growth Drivers

Rising Demand for Better Quality Food Products to Boost the Market Growth

Increasing consumer inclination towards enhanced and better quality of food products is leading to the requirement of innovated and advanced food coating ingredients such as moisture absorbers which has led to a rise in demand for anti-caking agent. According to the European Food Safety Authority (EFSA), addition of an anti-caking agent to salt and its substitutes is considered necessary in order to improve flow properties and to avoid the formation of hardened agglomerates when exposed to moisture and during storage. Moreover, there has been growing diversity in food and changing consumer tastes along with the rising demand for processed and packaged food in recent years. Further, the anti-caking agent provides ease of packaging, transportation, storage and consumption owing to its ability of preventing lumps. This factor is anticipated to significantly expand the anti-caking agent market.

Versatile Applications and Functionalities to Drive the Market Growth

The anti-caking agents not only help in absorbing water or oil from entering the food packaging but also, they facilitate in maintaining the free-flowing ability of packaged materials. Furthermore, their beneficial organoleptic properties, ability to enhance the texture and availability in organic form combined with their free-flow and long shelf-life nature, is fuelling the growth of anti-caking agent market. Additionally, there is a high demand for this product in confectionery, cereals, coffee, fresh meat, and dairy products. On the back of these, the market is predicted to grow over the forecast period.

Challenges

Limited Usage and Side-Effects to Hamper the Market Growth

Despite the growing applications of anti-caking agent, regulatory bodies such as European Food Safety Authority have permitted the usage in food & beverage, only to a specific meagre amount. Further, the adverse side-effects and health hazards may negatively affect the market growth. This is estimated to hinder the growth of anti-caking agent market in the future.

Anti-Caking Agent Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.5%

Base Year Market Size (2023)

USD 1.26 billion

Forecast Year Market Size (2036)

USD 2.86 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Anti-Caking Agent Segmentation

The anti-caking agent market is segmented by application into food products, feed, agricultural fertilizers, industrial chemicals, catalyst and others. Among these segments, the segment for food products is anticipated to hold the leading share in the market on account of large-scale application of anti-caking agent in food which includes seasoning, dairy products, bakery, condiments, sauces, soups and desserts. Further, the usage of this product in food industry helps in increasing shelf life, preventing lump formation, and improving quality and consistency.

Our in-depth analysis of the global market includes the following segments

By Type

  • Bentonite
  • Calcium Silicates
  • Sodium Compounds
  • Silicon Dioxide
  • Microcrystalline Cellulose

By Source

  • Natural
  • Synthetic

By Application

 

  • Food Products
  • Feed
  • Agricultural Fertilizers
  • Industrial Chemicals
  • Catalyst
  • Others

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Anti-Caking Agent Industry - Regional Synopsis

On the basis of regional analysis, the anti-caking agent market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

Europe industry is expected to dominate majority revenue share by 2036, on account of presence of leading players in the region. Moreover, the growing demand of anti-caking agent for application in processed foods in this region, further increases the product demand. The market in Asia Pacific is predicted to grow at the highest rate during the forecast period as a result of significant rise in number of people following the western lifestyle. Additionally, the increasing innovative products from chemical industry further raise the demand for anti-caking agent.

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Companies Dominating the Anti-Caking Agent Landscape

    • PPG Industries, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Evonik Industries AG
    • PQ Corporation
    • Solvay
    • Agropur US
    • Kao Corporation
    • BASF SE
    • Brenntag AG
    • Univar Solutions Inc.
    • Sweetener Supply Corporation

Author Credits:  Rajrani Baghel


  • Report ID: 2646
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of anti-caking agent is estimated at USD 1.33 billion.

Anti-Caking Agent Market size was valued at USD 1.26 billion in 2023 and is likely to cross USD 2.86 billion by 2036, expanding at more than 6.5% CAGR during the forecast period i.e., between 2024-2036.

Europe industry is expected to dominate majority revenue share by 2036, on account of presence of leading players in the region.

The major players in the market are PPG Industries, Inc., Evonik Industries AG, PQ Corporation, Solvay, Agropur US, Kao Corporation, BASF SE, Brenntag AG, Univar Solutions Inc., Sweetener Supply Corporation, and others.
Anti-Caking Agent Market Report Scope
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