Australia Anti Caking Market Size
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.
Australia Anti Caking Market Trends
This section covers the major market trends shaping the Australia Anti Caking Market according to our research experts:
Calcium Components Has A Growing Demand
Some of the calcium compounds mostly used as an anti-caking agent, that are recognized as GRAS include calcium ferrocyanide, calcium phosphate (i.e. bone phosphate), calcium silicate, and calcium aluminosilicate. Calcium silicate (CaSiO3), a common anti-caking agent that is added to table salt, etc. adsorbs both water and oil. Although they are food additives, they have other applications too. For example, they are popularly used in non-food items like road salt, fertilizers, cosmetics, synthetic detergents, and other such manufacturing applications.
Growing Demand From Agriculture Sector
Modern chemical fertilizers consist chiefly of three elements which are a must for the nutrition of a plant - nitrogen, potassium & phosphorus (NPK). The fertilizers also often contain other nutrients vital for plant growth such as sulphur, calcium, zinc, boron, copper, iron, and magnesium. As most of the fertilizers are solid powder they form clusters together due to hygroscopic property. These salt bridges have formed the cause of sharing of electrons and ions; with time these clusters or agglomerates become hard to break. Hence anti-caking agents are used so that the powdered or granulated content doesn't form lumps in moist conditions and can be packed easily.
Australia Anti Caking Industry Overview
Australia anti-caking market is competitive and fragmented in nature owing to the presence of many global and domestic players. Players in the market are adopting various strategies such as partnerships, expansions, product innovations, etc. to expand their application base and attract more customers.
Australia Anti Caking Market Leaders
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Evonik Industries AG
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The Agropur Dairy Cooperative
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Merck KGaA
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Brenntag GmbH
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BASF SE
*Disclaimer: Major Players sorted in no particular order
Australia Anti Caking Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions & Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
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 Type
- 5.1.1 Calcium Compounds
- 5.1.2 Sodium Compounds
- 5.1.3 Magnesium Compounds
- 5.1.4 Other
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5.2 By Application
- 5.2.1 Food and Beverage
- 5.2.2 Cosmetic and Personal Care
- 5.2.3 Animal Feed
- 5.2.4 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
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6.3 Company Profiles
- 6.3.1 BASF SE
- 6.3.2 Chemiplas
- 6.3.3 Evonik Industries AG
- 6.3.4 The Agropur Dairy Cooperative
- 6.3.5 Merck KGaA
- 6.3.6 Brenntag GmbH
- 6.3.7 Imerys S.A.
- 6.3.8 Solvay
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityAustralia Anti Caking Industry Segmentation
Australia Anti Caking Market is segmented by Type into Calcium Compounds, Sodium Compounds, Magnesium Compounds, and Others. The market is segmented by Application into Food and Beverage, Cosmetic and Personal Care, Feed, and Others.
By Type | Calcium Compounds |
Sodium Compounds | |
Magnesium Compounds | |
Other | |
By Application | Food and Beverage |
Cosmetic and Personal Care | |
Animal Feed | |
Others |
Australia Anti Caking Market Research FAQs
What is the current Australia Anti Caking Market size?
The Australia Anti Caking Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in Australia Anti Caking Market?
Evonik Industries AG, The Agropur Dairy Cooperative, Merck KGaA, Brenntag GmbH and BASF SE are the major companies operating in the Australia Anti Caking Market.
What years does this Australia Anti Caking Market cover?
The report covers the Australia Anti Caking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Australia Anti Caking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Australia Anti Caking Industry Report
Statistics for the 2024 Australia Anti Caking market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Australia Anti Caking analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.