Feed Anti Caking Agents Market is expected to grow at a CAGR of XX% to reach USD

Posted by Balavardhan on June 20th, 2019

MARKET OVERVIEW:

Middle East and Africa Feed Anti Caking Agents market size were around USD XX billion in 2018. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2023. Anti- caking agent is an additive, utilized in food industry including seasoning & condiments, dairy bakery, products, meat products, soups & sauces and sweeteners. It is utilized in the form of powder or granules for preventing the formation of lumps and for easing consumption, packaging, and transport. They are nutritionally void. Few commonly used anti-caking agents in food industry are calcium silicate, magnesium stearate, powdered cellulose, sodium aluminosilicate and silicon dioxide, sodium bicarbonate, magnesium tri silicate, calcium Ferro cyanide potassium aluminium silicate,  sodium Ferro cyanide, stearic acid, tri calcium phosphate and polydimethylsiloxane . Sodium aluminosilicate is utilized as an anti-caking agent in table salts. 

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DRIVERS AND RESTRAINTS:

The key factors that are contributing to the market growth are listed as follows:

  •         Rising demand for the agent in feeds and fertilizer manufacturing sector.
  •         Ease of transportation.
  •         Utilization in packaging and consumption.
  •         Robust growth in the livestock industry.

The factors which are acting as hurdles for market growth:

  •         Potential hazard.
  •         Implementation of strict governmental regulations, particularly in developed countries.

REPORT SEGMENTED AS:

Based on Source:

  •     Synthetic
  •     Natural agents
  1.        Magnesium carbonate
  2.        Calcium carbonate

Based on Applications:

  •     Food
  1.        Bakery
  2.        Sauces
  3.        Condiment
  4.        Seasoning
  5.        Dairy products
  6.        Soups
  •     Feed
  1.        Potassium
  2.        Nitrogen
  3.        Ammonium
  4.        Phosphorus
  5.        Compound based fertilizers
  •     Fertilizers

GEOGRAPHICAL SEGMENTATION:

Geographically, the market is segmented into the Middle East and Africa. Though the market in this region is underperforming one, it is very likely to exhibit a stable positive growth rate shortly.

KEY MARKET PLAYERS:

  •         Sasol Wax
  •         IMAC INC
  •         BASF
  •         Fuji Chemicals Industries
  •         Grain Corporation
  •         Norkem Group
  •         Chemipol S.A.
  •         Bogdány Petrol Ltd.
  •         Huber Engineered Materials
  •         Evonik Industries AG
  •         Kao Chemicals
  •         PPG Industries Inc.
  •         PQ Corporation
  •         Sweetener Supply Corp

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THE SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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Balavardhan

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Balavardhan
Joined: June 18th, 2019
Articles Posted: 38

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