North America Anti-Caking Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.20 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Anti-Caking Market Analysis
North America's anti-caking market is projected to grow at a CAGR of 5.2% during the forecast period (2020-2025).
- The demand for the anti-caking agents market is majorly driven by its extensive usage in the food and beverage industries. In food and beverage industries, anti-caking agents help in moisture absorption functionality, maintains the free-flow, texture, and organoleptic properties of the product, thus enhancing the shelf-life of the product. It is also used in other industries such as cosmetics and personal care industries, pharmaceuticals, and others. Furthermore, the availability of raw materials and the presence of the highest number of anti-caking manufacturing companies in the region has further propelled the growth of the market.
- However, only specific amounts of anti-caking agents, which are classified as 'Generally Recognized as Safe' (GRAS), designated by the US Food and Drug Administration, are permitted in food & beverage applications, therefore limiting its consumption in the aforementioned application. Also, several health hazards and side-effects associated with anti-caking agents are anticipated to negatively impact the growth of the market.
North America Anti-Caking Market Trends
This section covers the major market trends shaping the North America Anti-Caking Market according to our research experts:
Acquisitive Demand of Sodium Compound as a Anti-Caking Agent in Food & Beverage Industries
The demand for sodium compounds in food and beverage industries have increased significantly, owing to its increasing demand in beer making, soft drinks, carbonated beverages, baked goods, noodles, and confectionery. Also, the large demand for sodium compounds in food and beverage products, other than being an anti-caking agent, was to enhance the flavors of foods and act as a preservative, which made it a more preferred alternative. Furthermore, regulatory bodies imposing favoring regulations for the usage of various anti-caking agents in different food and beverage industries are boosting the sodium compound's market growth. For instance, the FDA has approved sodium salts of fatty acids as GRAS (Generally Recognized as Safe) that is safe to use as an anti-caking agent. These regulations have further resulted in a significant rise in the import values of sodium compounds which are used as an anti-caking agent in the North America Countries.
United States to have the Fastest Growing Market in the Region
The United States in the North America region is expected to have the fastest-growing market in the anti-caking market, owing to the high demand for processed food in the country. In addition, regulations from the regulatory bodies for the use of substances as an anti-caking agent in the country has further boosted the market in the region. For instance, approvals of different substances such as Calcium stearate, Diatomaceous earth, Exfoliated hydrobiotite (Verxite), Salts of fatty acids (of aluminum, calcium, magnesium, potassium, and sodium), Magnesium stearate, Prussiate of soda (Na ferrocyanide decahydrate), Pyrophyllite (aluminum silicate monohydrate), Silicon dioxide, Verxite flakes, and Verxite granules (Exfoliated hydrobiotite), as an anti-caking agent for the use in different industries such as food and beverage, feed, and cosmetics industries, where anti-caking agent serves an important role, has also propelled the growth of the market.
North America Anti-Caking Industry Overview
The North America anti-caking market is competitive and fragmented in nature owing to the presence of many regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the market include BASF SE, Cargill Inc., Evonik Industries AG, J.M. Huber Corporation, and ArrMaz Products, L.P. among others.
North America Anti-Caking Market Leaders
-
BASF SE
-
Cargill, Incorporated
-
Evonik Industries AG
-
J.M. Huber Corporation
-
ArrMaz Products, L.P.
*Disclaimer: Major Players sorted in no particular order
North America Anti-Caking Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Drivers
-
4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
-
4.3.1 Threat of New Entrants
-
4.3.2 Bargaining Power of Buyers/Consumers
-
4.3.3 Bargaining Power of Suppliers
-
4.3.4 Threat of Substitute Products
-
4.3.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 By Type
-
5.1.1 Calcium Compounds
-
5.1.2 Sodium Compounds
-
5.1.3 Magnesium Compounds
-
5.1.4 Others
-
-
5.2 By Application
-
5.2.1 Food & Beverage
-
5.2.1.1 Bakery Products
-
5.2.1.2 Dairy Products
-
5.2.1.3 Soups & Sauces
-
5.2.1.4 Beverages
-
5.2.1.5 Others
-
-
5.2.2 Cosmetics & Personal Care
-
5.2.3 Feed
-
5.2.4 Others
-
-
5.3 By Country
-
5.3.1 United States
-
5.3.2 Canada
-
5.3.3 Mexico
-
5.3.4 Rest of North America
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Active Companies
-
6.2 Most Adopted Strategies
-
6.3 Market Share Analysis
-
6.4 Company Profiles
-
6.4.1 BASF SE
-
6.4.2 Cargill, Incorporated
-
6.4.3 Evonik Industries AG
-
6.4.4 J.M. Huber Corporation
-
6.4.5 ArrMaz Products, L.P.
-
6.4.6 Wego Chemical Group
-
6.4.7 Agropur US
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Anti-Caking Industry Segmentation
The North America anti-caking market is segmented by type into calcium compounds, sodium compounds, magnesium compounds, others; and by application into food and beverages, cosmetics & personal care products, animal feed, and others, which include fertilizers, synthetic detergents, and road salts. Food & beverages segment is further bifurcated into dairy, bakery, soup & sauces, beverages. Also, the study provides an analysis of the anti-caking market in the emerging and established markets across North America, including the United States, Mexico, Canada, and the Rest of North America.
By Type | |
Calcium Compounds | |
Sodium Compounds | |
Magnesium Compounds | |
Others |
By Application | |||||||
| |||||||
Cosmetics & Personal Care | |||||||
Feed | |||||||
Others |
By Country | |
United States | |
Canada | |
Mexico | |
Rest of North America |
North America Anti-Caking Market Research FAQs
What is the current North America Anti-Caking Market size?
The North America Anti-Caking Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)
Who are the key players in North America Anti-Caking Market?
BASF SE, Cargill, Incorporated, Evonik Industries AG, J.M. Huber Corporation and ArrMaz Products, L.P. are the major companies operating in the North America Anti-Caking Market.
What years does this North America Anti-Caking Market cover?
The report covers the North America Anti-Caking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Anti-Caking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Anti-Caking Industry Report
Statistics for the 2024 North America Anti-Caking market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. North America Anti-Caking analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.