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

Mexico Anti-caking Market is segmented by Application (Food and Beverage, Cosmetic and Personal Care, Feed, and Others).

Market Snapshot

Mexico Anti Caking Market Summary
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.5 %

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Market Overview

The Mexico anti-caking market is projected to grow at a CAGR of 4.5% during the forecast period (2020 - 2025).

  • Mexico is an emerging market and is seeing rapid growth in the processed food industry. The anti-caking market in the food and beverage sector is driven largely due to increased consumer exposure to packaged food and beverages in the country.
  • Manufacturers in order to prevent the formation of lumps in powdered products, across the applications like detergents, coffee, cement, feed, etc., are incorporating anti-caking agents, during formulations, leading to an increased demand of market studied in the country.

Scope of the report

The mexico anti-caking market is segmented by application which majorly includes food and beverage, cosmetic and personal care, feed, and others. The report contains top-line revenues and market share analysis of the key players, highlighting the most adopted strategies of the companies in the market studied.

By Application
Food and Beverage
Bakery Products
Dairy Products
Soups & Sauces
Beverages
Others
Cosmetic and Personal Care
Feed
Others

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Key Market Trends

Growing Market for Processed Food

The growth in the consumption of the food ingredients supported by strong demand for processed/packaged food products in the country is projected to have a positive impact on the growth of food anti-caking agents, due to their properties such as free-flow, texture, other organoleptic properties, and long shelf-life. Some of the common examples of foods that contain anti-caking agents include coffee, cocoa, soup powders, milk and cream powders, grated cheese, icing sugar, baking powder, cake mixes, drinking chocolate, table salt, and canned fruits and vegetables as a firming agent. 

 Despite the constant exchange rate fluctuations of the USD versus the Mexican Peso, and an increase in consumer prices (2.82% in 2016 vs 2.71% in 2015) affecting the Mexican economy, the internal macroeconomic environment remained steady, keeping the demand for anti-caking ingredients having application in food and beverage applications constant from last few years. Mexican anti-caking ingredient producers are raising the challenge of producing quality goods with an increase in variety, learning, and adapting to growing demands of consumers

Mexico Anti Caking Market1

Increasing Demand Due to Varied Applications and Functionality of Anti Caking Ingredients

Mexico is one of the major producers of animal feed and is constantly seeking for ingredients that can be incorporated into animal feed. This, in turn, is driving the demand for feed ingredients including anti-caking agents in the feed industry sector of the country. In poultry and cattle anti-caking agents primarily calcium compounds and magnesium compounds is used in feed to stop caking and agglomeration and increase the flow properties of feed ingredients. Furthermore, calcium aluminum silicate, calcium phosphate tribasic, calcium silicate are some of the most commonly used calcium compounds in different end-user industries primarily food, beverage, and animal feed. Calcium silicate (CaSiO3), a common calcium compound that is added to food products such as table salt, etc. adsorbs both water and oil.

Mexico Anti Caking Market

Competitive Landscape

The leading players in the Mexico anti-caking market include Cargill Incorporated, BASF, Agropur Ingredients, and Evonik Industries AG. Companies are investing in new facilities to expand their production capacities, in order to meet the increasing demand for anti-caking agents, across the country.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables and Study Assumptions

    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 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 By Application

      1. 5.1.1 Food and Beverage

        1. 5.1.1.1 Bakery Products

        2. 5.1.1.2 Dairy Products

        3. 5.1.1.3 Soups & Sauces

        4. 5.1.1.4 Beverages

        5. 5.1.1.5 Others

      2. 5.1.2 Cosmetic and Personal Care

      3. 5.1.3 Feed

      4. 5.1.4 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Position Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 BASF SE

      2. 6.3.2 Agropur Ingredients

      3. 6.3.3 Cargill Incorporated

      4. 6.3.4 PQ Corporation

      5. 6.3.5 Dr. Oetker (Chemische Fabrik Budenheim KG)

      6. 6.3.6 Evonik Industries AG

      7. 6.3.7 PPG Industries, Inc.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

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

The Mexico Anti Caking Market is growing at a CAGR of 4.5% over the next 5 years.

BASF SE, PQ Corporation, Dr. Oetker (Chemische Fabrik Budenheim KG), Evonik Industries AG, Cargill Inc are the major companies operating in Mexico Anti Caking Market .

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