Anti-Caking Agents Market to Hit $1.5 Billion by 2019
The Anti-Caking Agents Market, in terms of value, is projected to reach $1.5 billion growing at a CAGR of 4.2% from 2014 to 2019.
Dallas, TX -- (SBWire) -- 09/11/2014 --The report, “Anti-Caking Agents Market by Industry [Food (Ca-Compound, Na-Compound, Mg-Compound, SiO2, Cellulose), Feed & Fertilizer], by Application [(Seasoning, Condiment, Bakery, Dairy, Soup, Sauce) & (NPK, Urea, NH3, DAP/MAP)] & Geography - Global Trends & Forecast to 2019”, defines and segments the anti-caking agents market with an analysis of the size and trends, in terms of value ($million) and volume (KT). It also identifies the driving and restraining factors of this market with analysis discussion on the opportunities, burning issues, winning imperatives, and challenges. The market segmentation includes anti-caking agents, by industry, application, and geography.
Browse 116 market data tables and 29 figures spread through 220 pages and in-depth TOC on "Anti-Caking Agents Market - Global Trends & Forecast to 2019"
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Anti-caking agents are additives used in powdered or granulated materials so as to prevent the formation of lumps. The market for anti-caking agents is growing due to its utilization in various sectors. Anti-caking agents are either available naturally or are manufactured. The permissible usage levels of anti-caking agents in various food, feed, and fertilizers are regulated by the government.
Anti-caking agents are used by various industries such as food, feed, and fertilizers. The various applications for anti-caking agents in food include seasoning & condiments, bakery, dairy products, and soups & sauces. The applications of anti-caking agent in fertilizer include nitrogen, potassium, phosphorus, ammonium, and compound based fertilizers. The market for anti-caking agents is estimated to grow with the increasing use of anti-caking agents in different industries.
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The European region was the largest market for anti-caking agents, in terms of value, in 2013. Europe is also projected to be the fastest-growing market region in the global anti-caking agents market, in terms of value. The leading market players include Evonik Industries AG (Germany), Kao Corp. (Japan), and Huber Engineered Materials (U.S.). The companies are adopting development strategies such as new product launches and expansions to strengthen their product portfolio and increase the productivity.
The anti-caking agents market, in terms of value, is projected to reach $1.5 billion growing at a CAGR of 4.2% from 2014 to 2019. North America was the largest anti-caking agents market in 2013. The leading players in the anti-caking agents market include Evonik Industries AG (Germany), Huber Engineered Material (U.S.), and Kao Corp. (Japan). The market players are continuously investing in new facilities to expand their production capacities, in order to meet the increasing demand for anti-caking agents.
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