PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617156
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617156
According to Stratistics MRC, the Global Anti-Caking Agents Market is accounted for $1.4 billion in 2024 and is expected to reach $2.2 billion by 2030 growing at a CAGR of 8.4% during the forecast period. Anti-caking agents are substances added to powdered or granular materials to prevent clumping or the formation of solid masses. These agents work by absorbing moisture, reducing friction, or creating a barrier that maintains the free-flowing properties of the material. Commonly used in products like salt, sugar, flour, and powdered drinks, they ensure that the product remains easy to handle, store, and use.
Rising consumer awareness of product quality
Rising consumer awareness of product quality is driving demand for safer and more effective anti-caking agents. Consumers are increasingly concerned about the ingredients used in food and non-food products, prompting manufacturers to adopt natural and non-toxic anti-caking solutions. This trend is influencing market dynamics, with an emphasis on transparency and the use of cleaner, environmentally friendly alternatives, leading to innovation and stricter regulations in the market.
Health and safety concerns
Health and safety concerns surrounding anti-caking agents can negatively affect market growth by triggering stricter regulations and compliance requirements. As consumers and regulatory bodies increasingly scrutinize additives, manufacturers may face higher costs for testing, certification, and product reformulation. These concerns can lead to reduced consumer trust, limiting market acceptance. Additionally, stricter regulations could result in delays or bans on certain agents, impacting the availability and affordability of anti-caking products in various industries.
Expansion of the animal feed industry
The expansion of the animal feed industry has significantly boosted the demand for anti-caking agents, which prevent feed ingredients from clumping together. These agents enhance the flowability and storage of feed, ensuring consistency and quality. As animal husbandry and poultry farming grow globally, the need for efficient feed production increases, driving the adoption of anti-caking agents. This trend supports the market's growth, with rising demand for high-performance additives in animal nutrition.
Fluctuating raw material prices
Fluctuating raw material prices in the market can lead to increased production costs, impacting overall profitability. Price instability may cause supply chain disruptions, forcing manufacturers to either absorb the costs or pass them on to customers, potentially reducing demand. Uncertainty in raw material pricing also hinders long-term planning and investment, making it difficult for companies to maintain stable pricing strategies and secure consistent product availability in the market.
The COVID-19 pandemic disrupted the market by causing supply chain delays, raw material shortages, and factory shutdowns. These challenges hindered production and distribution, affecting the availability of anti-caking agents in various industries. Additionally, reduced demand from sectors like food, agriculture, and manufacturing during lockdowns slowed market growth. However, as industries recover, demand for additives like anti-caking agents is gradually rebounding, supporting long-term market recovery.
The powdered segment is expected to be the largest during the forecast period
The powdered segment is expected to account for the largest market share during the projection period. These agents prevent clumping or moisture absorption, ensuring that powders remain free-flowing and easy to handle. With increasing demand for powdered products, the need for effective anti-caking solutions has grown, driving the market for powdered anti-caking agents, particularly in sectors like food processing and animal feed production.
The paints & coatings segment is expected to have the highest CAGR during the forecast period
The paints & coatings segment is expected to have the highest CAGR during the extrapolated period enhancing product stability and performance. These agents prevent clumping or moisture absorption in powdered paints and coatings, ensuring smooth application and consistency. Anti-caking agents are essential in maintaining the quality of paints, improving flow properties, and extending shelf life. With increasing demand for durable and high-quality coatings, the market for these additives continues to grow globally.
North America region is estimated to account for the largest market share during the forecast period due to the increasing demand for processed foods, convenience products, and the need for extended shelf life. These agents, used to prevent clumping in powders and granular substances, are widely employed in the food, pharmaceuticals, and agriculture industries. Growing consumer awareness of product quality and safety is further driving the adoption of in the region.
Asia Pacific is expected to register the highest growth rate over the forecast period. There is a growing trend toward plant-based and natural anti-caking agents. With increasing health awareness and a preference for natural ingredients, manufacturers are focusing on the development of eco-friendly and sustainable anti-caking solutions. Additionally, the pharmaceutical industry uses anti-caking agents to ensure the stability of powdered ingredients in tablets, capsules, and other formulations.
Key players in the market
Some of the key players in Anti-Caking Agents market include Evonik Industries AG, BASF SE, Hawkins Watts Limited, Clariant AG, Imerys SA, Sensient Technologies Corporation, Ferro Corporation, Mitsubishi Chemical Corporation, AkzoNobel N.V., Solvay S.A., Tate & Lyle PLC, Pioneer Chemicals, Balchem Corporation, The Dow Chemical Company and Univar Solutions Inc.
In November 2024, Solvay has announced the partnership with Pantys, the world's leading Femtech apparel brand, by supporting menstrual health for young women in need. Solvay and Pantys hosted a donation event at Project Arrastao, a Sao Paulo nonprofit assisting low-income families.
In October 2024, Evonik Industries AG recently announced that the European Food Safety Authority (EFSA) has confirmed the safety of silica, an anti-caking agent produced by Evonik, as a food additive.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.