Africa Anti Caking Agent Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.67 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Africa Anti Caking Agent Market Analysis
Africa anti-caking agent market is projected to grow at a CAGR of 2.67% during the forecast period (2020-2025).
- The varied application of anti-caking agents drives the growth of the market. The food and beverage sector in Africa is continuously expanding providing more opportunities to the players of the market studied to come up with innovative ingredients to cater to the market studied. The other developing industries of the region also aid market growth.
- The food industry caters the largest share to the market studied with its application in food & beverage premixes, and others including baking powder, milk & cream powder, cake mixes in order to control, reduce or prevent the caking of particulate matter such as powders or granules.
- Calcium compounds hold a prominent share of the market studied owing to its wide application in table salt, which absorbs both water and oil. Additionally, the non-food application also contributes a significant share to the market.
Africa Anti Caking Agent Market Trends
This section covers the major market trends shaping the Africa Anti Caking Agent Market according to our research experts:
Upsurge in the Application in Dairy Sector
In Africa, Ethiopia, Kenya, South Africa, and Sudan holds the prominent dairy sector of the region, where powdered milk and cream, grated cheese, and other dairy products are extensively consumed catering way to the anti-caking agents market in the region. In South Africa, the per capita consumption of cheese increased from 1.0 to 1.9 kg per year since 1995, according to Agri-Expo and the consumption is projected to incline in the forecast period, therefore contributing to the market studied. The consumers of the region have been experimenting with the flavor and form of the dairy products, which provides growth opportunities to the players operating in the market studied and drives the demand for innovative anti-caking agents.
South Africa is the Largest Market
South Africa is among the most developed nation of the region demanding better quality food, personal care products, and others. The higher consumption of alcoholic and non-alcoholic beverages in the country caters to the demand for silicon dioxide, as an anti-caking agent. It is mainly used in the production of beer and is filtered off before the final processing as it works by clumping up the dissolved matter and helping it to drop out of suspension, thus clarifying the beer. Additionally, with the rise in the confectionery segment of the country, the application of anti-caking agents in the powdered sugar also increases.
Africa Anti Caking Agent Industry Overview
The South Africa anti-caking agents market is consolidated with leading companies holding the maximum share in the market. The key players in the market are Evonik Industries AG, Merck KGaA and others. The major strategies adopted by the companies are expansion, mergers and acquisitions and partnerships.
Africa Anti Caking Agent Market Leaders
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Merck KGaA
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Evonik Industries AG
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PPG Industries, Inc.
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Solvay
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PQ Corporation
*Disclaimer: Major Players sorted in no particular order
Africa Anti Caking Agent Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Types
- 5.1.1 Calcium Compounds
- 5.1.2 Sodium Compounds
- 5.1.3 Silicon Dioxide
- 5.1.4 Other Types
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5.2 By Application
- 5.2.1 Bakery
- 5.2.2 Confectionery
- 5.2.3 Beverages
- 5.2.4 Dairy
- 5.2.5 Others
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5.3 Geography
- 5.3.1 South Africa
- 5.3.2 Nigeria
- 5.3.3 Rest of Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Merck KGaA
- 6.4.2 ArrMaz
- 6.4.3 Evonik Industries AG
- 6.4.4 PPG Industries, Inc.
- 6.4.5 Solvay
- 6.4.6 PQ Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityAfrica Anti Caking Agent Industry Segmentation
Africa anti-caking agent market is segmented by type into calcium compounds, sodium compounds, silicon dioxide, and other types. By application, the market is segmented into bakery, confectionery, beverages, dairy, and other applications. By geography, the market is segmented into South Africa, Nigeria, and Rest of Africa.
| By Types | Calcium Compounds |
| Sodium Compounds | |
| Silicon Dioxide | |
| Other Types | |
| By Application | Bakery |
| Confectionery | |
| Beverages | |
| Dairy | |
| Others | |
| Geography | South Africa |
| Nigeria | |
| Rest of Africa |
Africa Anti Caking Agent Market Research FAQs
What is the current Africa Anti Caking Agent Market size?
The Africa Anti Caking Agent Market is projected to register a CAGR of 2.67% during the forecast period (2024-2029)
Who are the key players in Africa Anti Caking Agent Market?
Merck KGaA, Evonik Industries AG, PPG Industries, Inc., Solvay and PQ Corporation are the major companies operating in the Africa Anti Caking Agent Market.
What years does this Africa Anti Caking Agent Market cover?
The report covers the Africa Anti Caking Agent Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Anti Caking Agent Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Africa Anti Caking Agent Industry Report
Statistics for the 2024 Africa Anti Caking Agent market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Africa Anti Caking Agent analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
