Report Description
Asia Pacific Anti-caking Market Outlook 2031
The Asia Pacific anti-caking market size was valued at USD 185.6 Billion in 2022 and is projected to reach USD 291.40 Billion by 2031, expanding at a CAGR of 5.14% during the forecast period, 2023–2031. The growth of the market is attributed to the rapid growth of the food & beverage industry.
Anti-caking agent is a food ingredient that prevents lumps from forming in certain substances, allowing them to flow freely. Anti-caking compounds are included in grounded items for ease of consumption, packaging, and transporting.
Some anti-caking chemicals are water soluble, whereas others are soluble in alcohols or other organic solvents. Coffee, cocoa, soup powders, milk & cream powders, grated cheese, icing sugar, baking powder, cake mixes, drinking chocolate, table salt, and canned fruits & vegetables are all examples of foods that include anti-caking ingredients.
Asia Pacific Anti Caking Market Trends, Drivers, Restraints, and Opportunities
- Rising disposable income is estimated to drive the market growth.
- The availability of raw materials and new technical breakthroughs are some factors fueling the market growth.
- The awareness about anti-caking functional qualities such as free-flow, texture, and organoleptic properties is projected to boost the market.
- Natural anti-caking agents such as calcium carbonate & magnesium carbonate are expensive, which in turn, has increased demand for synthetic anti-caking compounds.
Scope of Asia Pacific Anti Caking Market Report
The report on the Asia Pacific anti caking market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Anti Caking Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Calcium Compounds, Sodium Compounds, Magnesium Compounds, and Others) and Applications (Food & Beverage, Cosmetic & Personal Care, Feed, and Others)
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Geographic Scope
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China, Japan, India, Australia, and Rest of Asia Pacific
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Merck KGaA.; BASF SE.; Kao Corporation.; and Roquette Freres
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Asia Pacific Anti-caking Market Segment Insights
Types Segment Analysis
Based on types, the market is divided into calcium compounds, sodium compounds, magnesium compounds, and others. The sodium compounds segment is expected to grow at a rapid pace during the forecast period, as it highly used in baked items to improve the flavor. Salt's roll is utilized to improve the flavor of baked items. Salt brings out delicate aromas such as chocolate & fruits in baked products and helps balance spices in sweet treats.
Applications Segment Analysis
On the basis of applications, the Asia Pacific anti-caking market is segregated into food & beverage, cosmetic & personal care, feed, and others. The food & beverage segment is projected to expand at a considerable CAGR during the period due to increase the demand for conventional meal and processed food products.
On the other hand, the cosmetics & personal care segment is anticipated to grow at a robust pace in the coming years. Anti-caking prevents clumping of these products, driving the growth of the market segment.
Geographic Analysis
In terms of geography, the market is classified China, Japan, India, Australia, and Rest of Asia Pacific. China is expected to constitute a key share of the market during the projected period due to increasing demand for convenience meals. The rapid admission of international competitors can undoubtedly alter the landscape in China anti-caking market.
Multinational health food companies often have more financial clout, R&D expertise, production, and marketing capabilities. The traditional Chinese culture of medical food and therapeutic cuisine, on the other hand, has a significant impact on the inhabitants.
India is estimated to account for a significant market share during the forecast period. Rising disposable income and increasing investment in the food & beverage industry are major factors fueling the market growth in the country. Moreover, the presence of multi-national companies and emergence of local companies are fostering the country’s market growth.
Segments
The Asia Pacific anti-caking market has been segmented on the basis of
Types
- Calcium Compounds
- Sodium Compounds
- Magnesium Compounds
- Others
Applications
- Food & Beverage
- Cosmetic & Personal Care
- Feed
- Others
Geography
- China
- Japan
- India
- Australia
- Rest of Asia Pacific
Key Players
Competitive Landscape
Key players competing in the Asia Pacific anti-caking market include Merck KGaA.; BASF SE.; Kao Corporation.; and Roquette Freres. Some of these players are adopting various strategies, such as partnerships, acquisitions, and product launches, to gain a larger share in the market.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Anti Caking Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Anti Caking Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Anti Caking Market - Supply Chain
4.5. Global Anti Caking Market Forecast
4.5.1. Anti Caking Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Anti Caking Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Anti Caking Market Absolute $ Opportunity
5. Global Anti Caking Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Anti Caking Market Size and Volume Forecast by Types
5.3.1. Calcium Compounds
5.3.2.
Sodium Compounds
5.3.3.
Magnesium Compounds
5.3.4.
Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Anti Caking Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Anti Caking Market Size and Volume Forecast by Applications
6.3.1. Food & Beverage
6.3.2.
Cosmetic & Personal Care
6.3.3.
Feed
6.3.4.
Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Anti Caking Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Anti Caking Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Anti Caking Demand Share Forecast, 2019-2026
8. North America Anti Caking Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Anti Caking Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Anti Caking Market Size and Volume Forecast by Types
8.4.1. Calcium Compounds
8.4.2.
Sodium Compounds
8.4.3.
Magnesium Compounds
8.4.4.
Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Anti Caking Market Size and Volume Forecast by Applications
8.7.1. Food & Beverage
8.7.2.
Cosmetic & Personal Care
8.7.3.
Feed
8.7.4.
Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Anti Caking Demand Share Forecast, 2019-2026
9. Latin America Anti Caking Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Anti Caking Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Anti Caking Market Size and Volume Forecast by Types
9.4.1. Calcium Compounds
9.4.2.
Sodium Compounds
9.4.3.
Magnesium Compounds
9.4.4.
Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Anti Caking Market Size and Volume Forecast by Applications
9.7.1. Food & Beverage
9.7.2.
Cosmetic & Personal Care
9.7.3.
Feed
9.7.4.
Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Anti Caking Demand Share Forecast, 2019-2026
10. Europe Anti Caking Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Anti Caking Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Anti Caking Market Size and Volume Forecast by Types
10.4.1. Calcium Compounds
10.4.2.
Sodium Compounds
10.4.3.
Magnesium Compounds
10.4.4.
Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Anti Caking Market Size and Volume Forecast by Applications
10.7.1. Food & Beverage
10.7.2.
Cosmetic & Personal Care
10.7.3.
Feed
10.7.4.
Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Anti Caking Demand Share Forecast, 2019-2026
11. Asia Pacific Anti Caking Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Anti Caking Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Anti Caking Market Size and Volume Forecast by Types
11.4.1. Calcium Compounds
11.4.2.
Sodium Compounds
11.4.3.
Magnesium Compounds
11.4.4.
Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Anti Caking Market Size and Volume Forecast by Applications
11.7.1. Food & Beverage
11.7.2.
Cosmetic & Personal Care
11.7.3.
Feed
11.7.4.
Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Anti Caking Demand Share Forecast, 2019-2026
12. Middle East & Africa Anti Caking Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Anti Caking Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Anti Caking Market Size and Volume Forecast by Types
12.4.1. Calcium Compounds
12.4.2.
Sodium Compounds
12.4.3.
Magnesium Compounds
12.4.4.
Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Anti Caking Market Size and Volume Forecast by Applications
12.7.1. Food & Beverage
12.7.2.
Cosmetic & Personal Care
12.7.3.
Feed
12.7.4.
Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Anti Caking Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Anti Caking Market: Market Share Analysis
13.2. Anti Caking Distributors and Customers
13.3. Anti Caking Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Merck KGaA.
13.4.2.
BASF SE.
13.4.3.
Kao Corporation.
13.4.4.
Roquette Freres