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.
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 |
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Author Credits: Rajrani Baghel
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