Feed Anti Caking Agents Market Size and Growth Analysis 2023.Posted by Balavardhan on July 10th, 2019 Market Overview: Feed Anti Caking Agents market size was 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. Market Drivers and Restraints: The market is expected to witness significant growth during the aforementioned forecast period due to the rising demand for the agent in feeds and fertilizers in the manufacture of fertilizers. Demand for fertilizers is expected to rise in order to enhance the crop yield. Increase in demand for fertilizers is expected to fuel the market growth. Factors like ease of transportation and utilization in packaging and consumption are also anticipated to boost the demand for anticaking agents. Robust growth in the livestock industry is one of the key factors propelling the anti-caking agent for feed & fertilizer market. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/global-feed-anti-caking-agents-market Report segmented as By Source:
By Application:
Geographical Analysis: By geography the market is segmented into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific is anticipated to witness considerable increase in anti-caking agents demand over the aforementioned forecast period due to growing population and rising industrial output in China, India and Japan. North America and Europe are high mature markets with demand anticipated to be fueled by anti-caking agent’s application in processed foods. Numerous regulations implemented by European Food Safety Authority to limit development of anti-caking agents are anticipated to challenge European market growth. Rising processed food demand in Brazil and Argentina conjoined with high demand for dairy products is anticipated complement Central & South America market growth over the aforementioned forecast period. Important Market Players: Key players in the market are 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 and Sweetener Supply Corp. View a sample and decide @ https://www.marketdataforecast.com/market-reports/global-feed-anti-caking-agents-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/ Like it? Share it! More by this author |