Overview:

The global Food Anti-Caking Agents Market Share is expected to grow substantially during the forecast period of 2018 to 2023. Market Research Future (MRFR) revealed in their latest report that the instances with COVID-19 pandemic could also boost the growth of the market. This is primarily due to the lockdowns, across the globe, which has forced people to opt for packaged food. Among the major factors, the rapid expansion of the food industry, changes influenced by rapid urbanization, growing preference for ready-to-cook food due to lack of cooking time, increasing demand for longer shelf-life of products, and others are expected to boost the market.

Segmentation:

The global market for food anti-caking agent has been studied by MRFR analysts on the basis of type and application. These two segments are expected to produce several insights regarding the market that would be backed by figures and dynamics. This will make the study more reliable in terms of assessment for future strategic decisions.

By type, the global market for food anti-caking agents can be segmented into sodium compounds, microcrystalline cellulose compounds, magnesium compounds, calcium compounds, and others. The calcium compounds have the maximum market coverage as it is witnessing a substantial hike in the consumption of various food ingredients. This is also for its ability to boost the shelf-life of the products.

By application, the global study of the food anti-caking agents can be segmented on the basis of dairy products, seasonings and condiments, soups and sauces, bakery products, others. The soups and sauces segment is showing a high growth as its intake is rising for the growing demand for ready-to-cook food. The segment is followed by seasonings and condiments as their consumption is rising with each passing day.

Regional Analysis:

Europe would be dominating due to the wide range of product availability and growing urbanization. People are looking for such products that have a longer shelf life and are easy-to-cook, but the market is also looking for natural sources to give the market a different direction. In the Asia Pacific, the growing population and urbanization are expected to boost the market returns prominently. India, China, Japan, and others will control the regional market outcome.

Competitive Landscape:

The global market for food anti-caking agents is expected to make a profit from the contributions made by players like Evonik Industries (Germany), Solvay S.A. (Belgium), Univar Inc. (the U.S.), International Media, Agropur MSI, LLC (the U.S.), PPG Industries (the U.S.), Brenntag (Germany), and Cultures, Inc. (the U.S.). These players and their unique strategies can make a prominent impact on the global market. Among their tactical methods, the use of traditional methods like mergers, acquisitions, collaborations, and others are prominent. These help them in expanding their market existence and increase their product portfolio. Other strategies like spurring the investment for research and development, innovation to edge out rivals, launching strategies are playing a prominent role in cementing the market position of the company. MRFR registered the latest proceedings of the market players to identify various changes that the market can use in its favor and grow in the coming years.

To get more info: https://www.marketresearchfuture.com/press-release/food-anti-caking-agents-industry

Industry News:

In January 2020, researchers from Argentina’s National Institute of Industrial Technology (I. NTI) came up with a natural way of producing amorphous silica. The process would include rice stubble and husk for the production of the substance. Argentina consumes a substantial amount of Amorphous Silica as an anti-caking agent to preserve food for a longer duration.