Press release
Latin America Anti-Caking Agents Market to grow at a CAGR of 4.76% during the forecast period from 2016 to 2021 | Market Data Forecast
Anti-caking agents are additives retained in powdered or grounded materials to prevent the formation of lumps or caking. Anti-caking agents are placed in powdered products for the comfort of packaging, transportation and ingestion. They do not have nutritious value. There are several anti-caking agents available in the market which includes tricalcium phosphate, powdered cellulose, etc.
Browse market data tables and in-depth TOC of the Latin America Anti-Caking Agents Market to 2021 @ http://www.marketdataforecast.com/market-reports/latin-america-anti-caking-agents-market-1507/
Widespread use of anti-caking agents, advancement of the food and beverages industry and increase in disposable income are the key factors driving the market growth. Great demand for antic-caking agents in confectionery, fresh meat, cereals, soups, coffee and dried foods is likely to boost the demand in the forecast period. However, there are several regulations in the use of anti-agents under the Food Safety Authority which is projected to act as a restrictive factor for the market.
Latin America 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.
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Geographically the market is segmented into Mexico, Brazil and Argentina. Mexico is dominating the region’s market for anti-caking agents and predicted to continue the dominance over the forecast period.
Key companies operating in anti-caking agents market includes, Sasol Wax, Fuji Chemicals Industries, Chemipol S.A., Huber Engineered Materials, Agropur Ingredients, PPG Industries Inc., Grain Corporation, IMAC Inc, Evonik Industries AG, BASF, Norkem Group, Kao Chemicals, PQ Corporation, Bogdány Petrol Ltd. and Sweetener Supply Corp.
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