Market Size of Australia Anti Caking Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Australia Anti Caking Market Analysis
Australia Anti Caking Market is anticipated to grow at 4.5% during the forecasted period (2020 - 2025).
- The consumption of food anti-caking agents is growing with the increasing number of applications in the food industry. The growth in the market is attributed to its moisture absorption functionality, which aids food products in maintaining their organoleptic properties and enhances the shelf-life in food manufacturing and processing.
- In addition, these agents are used in various food applications such as bakery, dairy products, soups & sauces, and other applications.