DUBLIN, June 12, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/pctjhp/north_america) has announced the addition of the "North America Anti Caking Market-Growth, Trends And Forecast (2015-2020)" report to their offering.
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
Anticaking Agent is the food additive that prevents formation of lumps in certain solids, permitting a free-flowing condition. North America is third largest for anti-caking agents after Europe and Asia -Pacific.
Some of the common examples of foods that contain anti-caking agents include:coffee, cocoa, soup powders, Milk and cream powders, Grated cheese, Icing sugar, Baking powder, Cake mixes, Drinking chocolate, Table salt and canned fruits and vegetables as a firming agent. North America was the largest anti-caking agents market in 2013, closely followed by Europe. Increasing demand for bakery and confectionary is driving the market for anti caking agents in North American region. United States is the largest market in the region.
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 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
- International Fiber corporation
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SOURCE Research and Markets