Europe Anti-Caking Agents Market is estimated to reach $239.65 million by 2021 | Market Data Forecast
The Europe 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
and is expected to remain the largest through 2021.
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 etc.
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in-depth TOC of the Europe Anti-Caking Agents Market to 2021 @ http://www.marketdataforecast.com/market-reports/europe-anti-caking-agents-market-1505/
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
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 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.
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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 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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