DUBLIN, June 22, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/kf2373/asia_pacific) has announced the addition of the "Asia - Pacific Anti Caking Agents Market-Growth, Trends and Forecast (2015-2020)" report to their offering.
Food additives which are used to enhance the taste, color, texture of food, same time maintaining the freshness and nutritional content, are expected to cross US $50 billion by 2020; growing at a CAGR of 5.5% from 2014 and 2020. In the food additives market, the market for anti-caking agents, in terms of value, is projected to reach $1.56 billion growing at a CAGR of 4.3% from 2014 to 2020.
The market is segmented based on type, which include calcium compounds, sodium compounds, Silicon dioxide where silicon dioxide is the most widely used ingredient. Anti-caking agents find applications in Salt, bakery & Confectionary, Dairy & frozen products, and beverages. Bakery & Confectionary is takes up a maximum share in the market. The Dairy industry followed by Oils and Fats take up a considerable share of the market in India. The growing dairy industry and increasing use of milk powders & Cheese is expected to drive the market for anti-caking agents in India.
The leading players in the anti-caking agents market include Evonik Industries AG, Huber Engineered Material, and Kao Corp. Companies are investing in new facilities to expand their production capacities, in order to meet the increasing demand for anti-caking agents. The major constraint being faced by the industry is the high cost for natural anti caking agents and thus the opportunities lies in for the manufacturers to innovate in technological advancements under the natural category.
Key Topics Covered:
2. Key Findings
3. Market Overview & Dynamics
5. Market Segmentation by Type
6. Competitive Landscape Overview
7. Competitive Landscape Overview
8. Company Profiles
- Cargill Inc
- Kerry Group
- Corbion Purac
- IMAC Inc
- A Zhengzhou Natural Chemical Co., Ltd.
- PQ Corporation
- PPG Industries
- ABITEC association
- Evonik Industries AG
- Kao Corp.
- Huber Engineered Materials
- CP Kelco
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SOURCE Research and Markets