The leading market players include Evonik Industries AG (Germany), Kao Corp. (Japan), and Huber Engineered Materials (U.S.).
(PRWEB) August 06, 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.
Browse 116 market data tables with 29 figures spread through 220 pages and in-depth TOC on "Anti-Caking Agents Market - Global Trends & Forecast to 2019" - http://www.marketsandmarkets.com/Market-Reports/anti-caking-agent-market-3259107.html.
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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.
Anti-caking agents are added to the products to facilitate free flow during the production process, and makes sure that the final product is homogenous. The increasing range of applications of anti-caking agents in various industries is driving the market. The key companies accommodate this demand by introducing new products and expanding their production capacities. The manufacturers invest in R&D to introduce new anti-caking agents with better characteristics.
The anti-caking agents market is moderately competitive, with large-scale as well as small- and medium-scale companies. The leading companies are adopting different development strategies to sustain their position and strengthen their global imprint in the market. The increasing demand for anti-caking agents from various industries has led the companies to adopt expansion as their most-preferred strategic approach. The leading companies continuously invest on R&D programs to develop new anti-caking agents so as to cater to the demand. Evonik Industries AG (Germany) was observed to be one of the most active players in the market.
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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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