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Africa Anti Caking Agent Market is segmented by Type (Calcium Compounds, Sodium Compounds, Silicon Dioxide and Other Types); by Application (Bakery, Confectionery, Beverages, Dairy, and Other Applications); and by Geography.
Africa anti-caking agent market is projected to grow at a CAGR of 2.67% during the forecast period (2020-2025).
Africa anti-caking agent market is segmented by type into calcium compounds, sodium compounds, silicon dioxide, and other types. By application, the market is segmented into bakery, confectionery, beverages, dairy, and other applications. By geography, the market is segmented into South Africa, Nigeria, and Rest of Africa.
|Rest of Africa|
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In Africa, Ethiopia, Kenya, South Africa, and Sudan holds the prominent dairy sector of the region, where powdered milk and cream, grated cheese, and other dairy products are extensively consumed catering way to the anti-caking agents market in the region. In South Africa, the per capita consumption of cheese increased from 1.0 to 1.9 kg per year since 1995, according to Agri-Expo and the consumption is projected to incline in the forecast period, therefore contributing to the market studied. The consumers of the region have been experimenting with the flavor and form of the dairy products, which provides growth opportunities to the players operating in the market studied and drives the demand for innovative anti-caking agents.
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South Africa is among the most developed nation of the region demanding better quality food, personal care products, and others. The higher consumption of alcoholic and non-alcoholic beverages in the country caters to the demand for silicon dioxide, as an anti-caking agent. It is mainly used in the production of beer and is filtered off before the final processing as it works by clumping up the dissolved matter and helping it to drop out of suspension, thus clarifying the beer. Additionally, with the rise in the confectionery segment of the country, the application of anti-caking agents in the powdered sugar also increases.
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The South Africa anti-caking agents market is consolidated with leading companies holding the maximum share in the market. The key players in the market are Evonik Industries AG, Merck KGaA and others. The major strategies adopted by the companies are expansion, mergers and acquisitions and partnerships.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
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 Types
5.1.1 Calcium Compounds
5.1.2 Sodium Compounds
5.1.3 Silicon Dioxide
5.1.4 Other Types
5.2 By Application
5.3.1 South Africa
5.3.3 Rest of Africa
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 Merck KGaA
6.4.3 Evonik Industries AG
6.4.4 PPG Industries, Inc.
6.4.6 PQ Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability