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(MoneyNewsWire.Net, March 30, 2018 ) Food Anti Caking Agents Market By Type (Calcium Compounds, Sodium Compounds, Magnesium Compounds, Microcrystalline Cellulose And Silicon Dioxide) By Application (Spice, Seasoning & Condiments, Bakery, Flavor, Beverages, Dairy, Fruits & Vegetables And Chocolates) And By Region- Global Industry Analysis, Size, Share, Growth, Trends And Forecasts (2016–2021)
The Food Anti-Caking Agents Market is showing potential for growth majorly due to the increasing interest of users to get food which has desirable and required food qualities. Anti-caking agents are used for preventing the lump development in different types of foods. They not only aid in lump prevention but also in the maintenance of the other properties such as the shelf life and texture. Further, these agents are soluble in organic solvents such as alcohol and water which substantially increase their applications in the food industry.
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Market Underlying Factors
The Global Food Anti Caking Agents Market was worth $655 million in 2016 and estimated to be growing at a CAGR of 4.4%, to reach $812.35 million by 2021. The increasing use of Food Anti-Caking Agents is based on the user demand for better quality of food. This has led to the growth in the consumption of food ingredients of diverse origins. Consequently, the increasing demand for better and enhanced food quality has increased the demand for Anti-Caking agents in food, as they are fundamentally responsible for increasing the food quality by enhancing food texture, preventing lumps and increasing the shelf life of the food.
However, the market experiences restraints owing to the regulations imposed by governments, which are expected to be overcome by technological improvements that are expected to make anti-caking agents safer and better.
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Geographical Segmentation
Europe leads the Global Food Anti-Caking Agents market with a market share of more than 35 percent. The market in this region is driven by supportive government policies and the huge demand in the region for convenience foods having better quality and shelf life. Europe is a veteran market with established distribution channels and followed by the regions of North America and the Asia Pacific. Asia-Pacific is expected to be the fastest growing region of the world in Food Anti-Caking Agents due to increasing demand for quality food products among the expanding populace of the region.
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The major market contributors for the Global Food Anti-Caking Agents market are Sasol Wax, Fuji Chemicals Industries, IMAC Inc, Evonik Industries AG, BASF, Norkem Group, Chemipol S.A., PPG Industries Inc., Grain Corporation, Kao Chemicals, PQ Corporation, Huber Engineered Materials, Agropur Ingredients, Bogdány Petrol Ltd. and Sweetener Supply Corp.
Related Reports from Market Data Forecast:
Global Food Emulsifiers Market: https://marketdataforecast.com/market-reports/global-food-emulsifiers-market-531/
Global Food Preservatives Market: https://marketdataforecast.com/market-reports/global-food-preservatives-market-532/
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