Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
According to the report “Europe 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 Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the Europe Food Anti Caking Agents Market was worth $196.5 million in 2016 and estimated to be growing at a CAGR of 4.05%, to reach $239.65 million by 2021. Europe led the Food Anti Caking Agents Market in 2016.
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Anticaking Agent is the food additive that avoids accumulation in certain solids, letting a free flowing condition. Anticaking agents function either by adsorbing extra dampness, or by covering particles and making them water repulsive.
There are many anti caking agents that come from natural sources while man made anticaking agents are industrially produced from chemicals and other artificial materials like silicates, acids.
Increasing large population, varying lifestyle of people, proclivity towards westernized eating practices, growing consumer preference towards junk food, increasing awareness of aids of packaged food and mounting food & beverage industry are major cause which drives the Food Anti Caking agents market. The major restraint being met by the industry is the high cost for natural anti caking agents and therefore the chances lies in for the producers to revolutionize in technological innovations under the natural category.
Europe Food Anti Caking Agents Market is segmented by type into Calcium Compounds, Sodium Compounds, Magnesium Compounds, Microcrystalline Cellulose and Silicon Dioxide. Based on application the market is segregated into Spice, Seasoning & Condiments, Bakery, Flavor, Beverages, Dairy, Fruits & Vegetables and Chocolates.
The market for seasonings & condiments is expected to grow at a substantial rate mainly due to the change in consumer's tastes, improvements in food products, and aspiration to attain specific organoleptic properties in food products.
Geographically the market is segmented into Germany, Italy, U.K., Spain and France. France is the largest market with highest number of shares, followed by Germany, UK and Spain.
Key companies operating in Europe Food Anti Caking agents market are:
- Sasol Wax
- Fuji Chemicals Industries
- Chemipol S.A.
- Huber Engineered Materials
- Agropur Ingredients
- PPG Industries Inc.
- Grain Corporation
- IMAC Inc
- Evonik Industries AG
- Norkem Group
- Kao Chemicals
- PQ Corporation
- Bogdány Petrol Ltd
- Sweetener Supply Corp.
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