Market Size of Africa Anti Caking Agent Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.67 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Anti Caking Agent Market Analysis
Africa anti-caking agent market is projected to grow at a CAGR of 2.67% during the forecast period (2020-2025).
- The varied application of anti-caking agents drives the growth of the market. The food and beverage sector in Africa is continuously expanding providing more opportunities to the players of the market studied to come up with innovative ingredients to cater to the market studied. The other developing industries of the region also aid market growth.
- The food industry caters the largest share to the market studied with its application in food & beverage premixes, and others including baking powder, milk & cream powder, cake mixes in order to control, reduce or prevent the caking of particulate matter such as powders or granules.
- Calcium compounds hold a prominent share of the market studied owing to its wide application in table salt, which absorbs both water and oil. Additionally, the non-food application also contributes a significant share to the market.
