An anti-caking agents are used as additives to add nutritional value, prevent formation of lumps or caking in packaged and granulated materials or stored powdered. The global anti-caking agents market report has been segmented on the basis of type, ingredient, application, and region.
On the basis of type, the global anti-caking agents market has been segmented into calcium compounds, sodium compounds, magnesium compounds, and microcrystalline cellulose. The calcium compounds segment is expected to account for major share in terms of revenue in the global anti-caking agents market. The calcium compounds segment revenue is also projected to register highest CAGR over the forecast, owing to their high suitability and functionality in product formulations.
On the basis of application, the global anti-caking agents market has been segmented into seasonings & condiments, bakery, dairy products, and soups & sauces. The seasonings & condiments segment is estimated to account for significant share in the global anti-caking agents market in terms of revenue, owing to increasing level of innovations in food products, changing consumer tastes, and obtaining desired organoleptic properties in food and beverages products have resulted in an increasing demand for different seasoning, spices, and condiments.
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On the basis of region, the global anti-caking agents market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Europe market is estimated to dominate with significant revenue share in the global anti-caking agents market in 2017. Asia Pacific market is also projected to register highest CAGR in terms of revenue in next five years, owing to increasing demand for bakery products from countries in this region.
Key players operating in the global market include Huber Engineered Materials, Evonik Industries AG, PQ Corporation, International Media and Cultures, Inc., Kao Corporation, PPG Industries, Inc., Solvay SA, BASF SE, Sweetener Supply Corporation, Agropur MSI, LLC, and Univar Inc.