South Africa Anti Caking Market Share & Growth Report | 2031
South Africa Anti Caking Market Share & Growth Report | 2031
Segments - South Africa Anti Caking Market by Type (Calcium Compounds, Sodium Compounds, Magnesium Compounds, and Others) and Application (Bakery Products, Dairy Products, Soups & Sauces, and Others) -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :FB-1797
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| 214 Pages
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Report Description
The South African anti caking market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 2.5% during 2023–2031. The growth of the market is attributed to rising consumption and demand for food ingredients.
Anticaking agent refers to the food additive that prevents the formation of lumps in certain solids, permitting a free-flowing condition.
The growing consumption of food ingredients has a significant impact on the growth of food anti-caking agents, owing to their properties such as texture, free-flow, and long shelf-life. Furthermore, increasing the consumption of various food ingredients is anticipated to contribute to the market growth of food anti-caking agents.
The Covid-19 pandemic had an adverse impact on the South African anti caking market. As production and utilization of food ingredients have changed, food consumption patterns has also changed around the world. Furthermore, restriction of trade activities, distribution networks, and supply chains had a moderate impact on the sales of food products; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
South Africa Anti Caking Market Trends, Drivers, Restraints, and Opportunities
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Growing demand from the bakery industry is expected to drive the market during the forecast period.
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Increasing number of applications of anti-caking agents such as moisture absorption functionality, which helps food products to enhances the shelf-life in food manufacturing and processing and maintaining their organoleptic properties are estimated to surge the market.
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Growing level of consumer inclination toward enhanced food quality, changing consumer tastes, and increasing number and diversity of food applications are the key factors responsible for the market growth.
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Rising consumption of various food ingredients is projected to propel the market over the forecast period.
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R&D investment and technological advancement in South African anti caking market are expected to offer lucrative opportunities for the market players.
Scope of South Africa Anti Caking Market Report
The report on South Africa anti caking market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
South Africa Anti Caking Market –Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Calcium Compounds, Sodium Compounds, Magnesium Compounds, and Others) and Application (Bakery Products, Dairy Products, Soups & Sauces, and Others) |
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Report Coverage |
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 |
Evonik Industries AG; Fuji Chemical Industries Co, Ltd; PPG Industries; Solvay SA; and Norkem Group |
South Africa Anti Caking Market Segment insights
The calcium compounds segment is projected to constitute a large market share
Based on types, the South African anti caking market is segregated into calcium compounds, sodium compounds, magnesium compounds, and others. The calcium compound segment is expected to account for a key share of the market during the forecast period owing to its characteristics as an antacid and table salt in food preparation. Furthermore, it is approved by WHO as a safe food additive in variety of products and is expected to boost the segment growth.
The bakery products segment is expected to register a substantial CAGR
Based on applications, the market is divided into bakery products, dairy products, soups & sauces, and others. The bakery products segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to changing consumer lifestyles towards healthy food habits. Furthermore, the bakery products are undergoing innovation and development in terms of the healthy ingredients to be included in the bakery products which is projected to drive the market.
Segments
The South Africa anti caking market has been segmented on the basis of:
Type
- Calcium Compounds
- Sodium Compounds
- Magnesium Compounds
- Others
Application
- Bakery Products
- Dairy Products
- Soups & Sauces
- Others
Key Companies
- Evonik Industries AG
- Fuji Chemical Industries Co, Ltd
- PPG Industries
- Solvay SA
- Norkem Group
Competitive Landscape
Key players competing in the South African anti caking market include Evonik Industries AG; Fuji Chemical Industries Co, Ltd; PPG Industries; Solvay SA; and Norkem Group.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Africa 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. Africa 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. Africa Anti Caking Market - Supply Chain
4.5. Global Africa Anti Caking Market Forecast
4.5.1. Africa Anti Caking Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Africa Anti Caking Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Africa Anti Caking Market Absolute $ Opportunity
5. Global Africa Anti Caking Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Africa Anti Caking Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Africa Anti Caking Demand Share Forecast, 2019-2026
6. North America Africa Anti Caking Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Africa Anti Caking Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Africa Anti Caking Demand Share Forecast, 2019-2026
7. Latin America Africa Anti Caking Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Africa Anti Caking Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Africa Anti Caking Demand Share Forecast, 2019-2026
8. Europe Africa 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
8.1.3. Europe Average Pricing Analysis
8.2. Europe Africa Anti Caking Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Africa Anti Caking Demand Share Forecast, 2019-2026
9. Asia Pacific Africa 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. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Africa Anti Caking Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Africa Anti Caking Demand Share Forecast, 2019-2026
10. Middle East & Africa Africa 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. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Africa Anti Caking Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Africa Anti Caking Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Africa Anti Caking Market: Market Share Analysis
11.2. Africa Anti Caking Distributors and Customers
11.3. Africa Anti Caking Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Evonik Industries AG
11.4.2. Fuji Chemical Industries Co, Ltd
11.4.3. PPG Industries
11.4.4. Solvay SA
Methodology
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