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Asia-Pacific Anti Caking Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Asia-Pacific Anti Caking Market is segmented by Type (Calcium Compounds, Sodium Compounds, Magnesium Compounds, and Others); by Application (Food and Beverage, Cosmetic and Personal Care, Feed, and Others); and by Geography

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Market Snapshot

Asia-Pacific Anti Caking Market
Study Period:

2016 - 2026

Base Year:

2020

CAGR:

6.51 %

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Market Overview

Asia-Pacific anti caking market is projected to grow at a CAGR of 6.51% during the forecast period.

  • Owing to the multi-functional attributes of anti-caking such as facilitating free-flow, texture, and organoleptic properties, the additive has been gaining popularity across, industry with food portraying most promising scope in the forecast period. Natural anti-caking agents such as calcium carbonate and magnesium carbonate have extremely high costs and hence synthetic agents face higher demand.
  • By application, animal feed holds the largest share, owing to its heavy volume sales recorded when compared to any other applications.

Scope of the report

Asia-Pacific anti caking market by type is segmented into calcium compounds, sodium compounds, magnesium compounds, and others. The study also includes revenue generated through food and beverage, cosmetic and personal care, feed, and others. By geography, the market covers economies like China, Japan, India, Australia, and Rest of Asia-pacific.

Type
Calcium Compounds
Sodium Compounds
Magnesium Compounds
Others
Application
Food and Beverage
Bakery Products
Dairy Products
Soups & Sauces
Beverages
Others
Cosmetic and Personal Care
Feed
Others
Geography
China
Japan
India
Australia
Rest of Asia-Pacific

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Key Market Trends

Growing Demand in Bakery Industry

With the availability of customized bakery ingredients, including non-fat dairy alternatives, liquid whole egg alternatives, and dough ingredients, there has been a substantial demand for anti-caking agents to combat water retention attributes associated with them. The players are increasingly focusing on lucrative indulgent baking segment, where the use of anti-caking is increasing significantly, in order to supplement their segment sales. Companies, like BASF SE, have expanded their product portfolio of anti-caking ingredients, in the region.

Asia-Pacific Anti Caking Market1

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China Held the Largest Market Share

The popularity of convenience food has boosted the demand for processed foods, making China the largest market for food anti-caking agent in the Asia-Pacific region. ​The rapid entry of foreign players is bound to change the landscape of the market in China. Multinational health food enterprises generally have greater advantages, in terms of financial clout, R&D capability, production, and marketing. However, the traditional Chinese culture of medicinal food and therapeutic cuisine has a strong influence on the citizens. ​

Asia-Pacific Anti Caking Market2

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Competitive Landscape

Asia-Pacific anti caking market is highly fragmented with the presence of unorganized suppliers, in the market. BASF and Merck are some of the key players dominating the market. Mergers and acquisition are the other approaches implemented by players in the market, as a part of expanding their product portfolio and capturing more of the market. ​Owing to high production consolidation practiced by China, these companies are focusing to build strong foothold in the country to cut a substantial share in production volumes. Kao Corporation and Roquette Frères are other major players in the industry.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Calcium Compounds

      2. 5.1.2 Sodium Compounds

      3. 5.1.3 Magnesium Compounds

      4. 5.1.4 Others

    2. 5.2 Application

      1. 5.2.1 Food and Beverage

        1. 5.2.1.1 Bakery Products

        2. 5.2.1.2 Dairy Products

        3. 5.2.1.3 Soups & Sauces

        4. 5.2.1.4 Beverages

        5. 5.2.1.5 Others

      2. 5.2.2 Cosmetic and Personal Care

      3. 5.2.3 Feed

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 China

      2. 5.3.2 Japan

      3. 5.3.3 India

      4. 5.3.4 Australia

      5. 5.3.5 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Most Active Companies

    3. 6.3 Company Profiles

      1. 6.3.1 Merck KGaA

      2. 6.3.2 BASF SE

      3. 6.3.3 Kao Corporation

      4. 6.3.4 Roquette Freres

      5. 6.3.5 AGC Chemicals

      6. 6.3.6 Evonik Industries AG

      4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Asia-Pacific Anti-Caking Market market is studied from 2016 - 2026.

The Asia-Pacific Anti-Caking Market is growing at a CAGR of 6.51% over the next 5 years.

  • Merck KGaA
  • BASF SE
  • Kao Corporation
  • Roquette Frères

Are the major companies operating in Asia-Pacific Anti-Caking Market.

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