APAC Market Statistics
Regionally, the global slip additives market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is predicted to dominate majority revenue share by 2037, on the back of increasing food packaging industry in the region, backed by rising economic development and growing population. Moreover, the changing lifestyle of the middle class is estimated to boost the market growth in the region.
North America Market Analysis
The market in the North America is anticipated to hold major share in the market during the forecast period, owing to the increasing demand for ready-to-eat food, convenience food, and processed & semi-processed food in countries, including, the U.S. and Canada, backed by increasing disposable income and busy lifestyle of the masses. Moreover, rising manufacturing industry, along with an export-oriented market in the region, is estimated to boost the demand for slip additives.
Author Credits: Rajrani Baghel
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