Market Size of Mexico 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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Mexico Anti Caking Market Analysis
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.