(Food-Beverage-News.Com, May 11, 2017 ) Asia-Pacific Anti-Caking Agents Market estimated at 170.3 million in 2016. According to the report published by Market Data Forecast named “Asia-Pacific Anti-Caking Agents Market”, the market is estimated at $170.3 million in 2016 and poised to grow $218.8 million by 2021 with a CAGR of 5.14% in the forecast period.
Anti-Caking agent is an additive that is added to granulated material in order to avoid lumps in final products. It is beneficiary to add anti-caking agents in confectionaries and other bakery products as it also provides ease in transporting; packaging and consumption of these products. They are also used for non-food products such as road salt, cosmetics, detergent and fertilizers.
The report also presents detailed analysis of various drivers driving Anti-Caking Agents market as well as constraints of the market that binds it. Some of those factors are
• Availability of raw material. • Increasing disposable income. • Recent technological advancements
For granular understanding Anti-Caking Agents Market is segmented by type, and application. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Asia-Pacific Anti-Caking Agents Market is segmented by type into Calcium Compounds, Sodium Compounds, Magnesium Compounds, Microcrystalline Cellulose and Silicon Dioxide. Based on application the market is segregated into Spice, Seasoning & Condiments, Bakery, Flavor, Beverages, Dairy, Fruits & Vegetables and Chocolates. The market for seasonings & condiments is expected to grow at a substantial rate mainly due to the change in consumer's tastes, improvements in food products, and aspiration to attain specific organoleptic properties in food products.
Geographically the market is segmented into China, Japan, India, South Korea and Australia. China dominates the market for anti-caking agents in this region. The expanding dairy industry and growing use of milk powders & Cheese is likely to drive the market for anti-caking agents in India.
The Asia-Pacific Anti-Caking Agents Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries • Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, and application along with market size forecasts and y-o-y estimations • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics • Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market.
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