The North America Anti-Caking Agents Market was worth $144.1 million in 2016 and estimated to be growing at a CAGR of 3.82%, to reach $173.81 million by 2021. North America is third largest for anti-caking agents after Europe and Asia –Pacific.
Food additives are used to improve the texture of food, taste, color, same time sustaining the freshness and nutritious content. Consumers in North America want food products that supports in maintaining their health, wellness, and their lively routines. Manufacturers of anti-caking agents are trailing forward by addressing consumers’ anxieties through novelties and expansions and achievements to gain market share.
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Growing demand for bakery and confectionary is driving the market for anti-caking agents in North American region. The growth of anti-caking agents is associated to consumers’ search for value ingredients, which have urged product improvements and need the agents to avoid caking. This industry’s growth is ascribed to population growth and the surge in powdered foods, associated with geographical food habits and market maturity. Challenges to the extension of the market come from negative customer insights as to the nutritious value of food anti-caking agents, as well as harsh government regulations.
North America 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 USA and Canada. United States is the largest market in the region in terms of number of shares followed by Canada.
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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