LONDON, April 28, 2016 /PRNewswire/ -- "Food anti-caking agents market projected to grow at a CAGR of 4.5%"
The food anti-caking agents market is projected to grow at a CAGR of 4.5% from 2015 to 2020. The market is driven by factors such as functionalities of food anti-caking agents, growing demand for food products with better quality and longer shelf life, and growing demand for convenience foods, worldwide. The high growth potential in emerging markets and untapped regions provides new growth opportunities for market players.
"Calcium compounds segment accounted for the largest market share in 2014"
Among the types of food anti-caking agents—calcium compounds, sodium compounds, silicon dioxide, magnesium compounds, microcrystalline cellulose, and others (including aluminum silicate and potassium ferrocyanide)—calcium compounds accounted for the largest market share in 2014, followed by silicon dioxide and sodium compounds. Calcium compounds are used on a large scale in regions where there is huge demand for calcium compounds due to its functionalities and wide application in food products.
"Seasonings & condiments segment leads the market with the largest share"
On the basis of application, the food anti-caking agents market is led by the seasonings & condiments segment, followed by bakery and dairy products segments. These are used on a large scale in regions where there is an increase in demand for convenience food and other food products.
Breakdown of primary participants for the report as given below:
- By Company Type: Tier 1 - 14%, Tier 2 - 29%, and Tier 3 - 57%
- By Designation: C level - 38%, Director level - 37%, and Others - 25%
- By Region: North America - 34%, Europe - 33%, APAC - 17%, RoW - 16%
Leading players such as Evonik Industries AG (Germany), PPG Industries Inc. (U.S.), Brenntag AG (Germany), Univar Inc. (U.S.), and Solvay S.A. (Belgium) have been profiled in the report. The other players include Agropur Ingredients (U.S.), Huber Engineered Materials (U.S.), IMAC Inc. (U.S.), PQ Corporation (U.S.), and Sweeteners Supply Corporation (U.S.).
Reasons to buy this report:
-To get a comprehensive overview of the global food anti-caking agents market
-To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
-To gain insights into the major countries/regions in which the food anti-caking agents market is growing
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