PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1441393
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1441393
Global Anti-Caking Agents Market is valued at approximately USD 1.17 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.4% during the forecast period 2023-2030. Anti-Caking Agents are substances added to powdered or granulated materials to prevent the formation of lumps and facilitate the free-flowing nature of the product. These agents work by absorbing excess moisture or by coating individual particles to prevent them from sticking together. The primary purpose of anti-caking agents is to improve the texture, handling, and storage characteristics of powdered or granulated products. The Anti-Caking Agents Market is expanding because of factors such as growing demand for packaged food products and increasing demand for agricultural chemicals. As a result, the demand for Anti-Caking Agents has progressively increased in the international market during the forecast period 2023-2030.
Packaged foods often have a longer shelf life compared to fresh products. Anti-caking agents play a role in maintaining the quality and texture of these products over an extended period, preventing moisture absorption, and clumping that could occur during storage. According to Statista, in 2024, the Convenience Food market is valued at USD 653.60 billion, and is anticipated to experience a yearly growth rate of 6.51% between the years 2024 to 2028. Furthermore, on a global scale, China leads in revenue generation accounting for about USD 154 billion in the year 2024. Another important factor that drives the Anti-Caking Agents Market is the increasing demand for agricultural chemicals. Agricultural activities expand, creating a higher need for fertilizers and other agrochemicals, the Anti-Caking Agents industry experiences a correlated surge. These agents play a crucial role in preventing the formation of clumps and ensuring the free-flowing quality of agricultural chemicals. In addition, as per Statista, the Agrochemical Market worldwide was worth approximately USD 217.24 billion in 2021 and is expected to increase up to USD 279 billion by the year 2030. Moreover, the rapid growth of the livestock industry and growing demand of ready-to-cook food products are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the negative effect on the food products and strict government regulations are going to impede overall market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Anti-Caking Agents Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the strong demand for bakery food products in the region. Anti-Caking Agents play a vital role in maintaining the quality and texture of these ingredients by preventing clumping and ensuring a smooth flow during the manufacturing process. The region's dominant performance is anticipated to propel the overall demand for Anti-Caking Agents. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as rising demand for ready-to-eat food due to an increase in the working population in the region. Anti-Caking Agents contribute to the maintenance of product integrity, appearance, and ease of preparation.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable