Market Size of Asia-Pacific Anti-Caking Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.51 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Anti-Caking Market Analysis
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.