Middle East and Africa Anti Caking Agents Market is poised to reach $72.65 million by 2021 – 136 pages report by Market Data Forecast
According to the report Middle East and Africa Anti Caking Agents Market, published by Market Data Forecast, The Market was worth $58.95 million in 2016 and estimated to be growing at a CAGR of 4.26%, to reach $72.65 million by 2021.
Middle-East and Africa anti-caking agents market is an evolving market, which clamps a lot of promise in the coming years.
Anti-caking agents are a kind of food additive. Since maximum products caking come from moisture, anti-caking agents either turn to absorb moistness or act as a sealant or resist water and oil.
Like most other food additives and preservers, the popular come from sources that are tough for human bodies to break down over time.
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The Middle-East and Africa anti-caking agents market is recording stable growth with better production and demand of livestock products, rise in the population and consumption being the main reasons. Anti-caking agents market is anticipated to grow on account of increasing demand from several industries such as food, feed and fertilizers.
Increase in raw material prices, higher manufacturing and management costs in the industry are a major challenge for the anti-caking agents market in this region.
Middle East and Africa Anti Caking Agents Market: Segmentation
- Calcium Compounds
- Sodium Compounds
- Magnesium Compounds
- Microcrystalline Cellulose
- Silicon Dioxide
- Seasoning & Condiments
- Fruits & Vegetables
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Geographically the market is segmented into Middle East and Africa. Middle-East is leading the ant-caking agents market and Africa is estimated to grow at highest CAGR during the forecast period.
South Africa is the major market of the region, with exports to the other countries also booming.
Key companies operating in anti-caking agents market includes, Sasol Wax, Fuji Chemicals Industries, Chemipol S.A., Huber Engineered Materials, Agropur Ingredients, PPG Industries Inc., Grain Corporation, IMAC Inc, Evonik Industries AG, BASF, Norkem Group, Kao Chemicals, PQ Corporation, Bogdány Petrol Ltd. and Sweetener Supply Corp.
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Reasons to access Middle East and Africa Anti Caking Agents Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- 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
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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