India Anti Caking Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.23 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
India Anti Caking Market Analysis
The Indian anti-caking market is anticipated to register a CAGR of 6.23%, during the forecast period (2020-2025).
- Anti-caking agent is the food additive that prevents formation of lumps in certain solids, permitting a free-flowing condition. The increasing disposable incomes is driving the growth for food and beverages industry and thereby, driving the demand for anti-caking agents.
- The availability of raw materials and the new technological advancements are resulting in the growth of anti-caking agents market in the Asia-Pacific region.
India Anti Caking Market Trends
This section covers the major market trends shaping the India Anti Caking Market according to our research experts:
Bakery Holds a Great Potential
The population of India represents diversified tastes and preferences; thus, manufacturers are constantly innovating and widening their product portfolio to meet the dynamic consumer demands. Hectic lifestyles, associated with most urban parts of the country, present a suitable opportunity for on-the-go breakfast and convenient baked goods. In the booming markets of Asia, indulgence is leading the growth in baked goods and pastries, in particular.
Rising consumption of food ingredients
The increasing number and diversity of food applications, changing consumer tastes, and growing level of consumer inclination toward enhanced food quality have led to an expansion of consumer base and innovation of varied food ingredients, including food coating ingredients, food & beverage premixes, and others including baking powder, milk & cream powder, cake mixes, and instant soup powder. The growth in the consumption of these food ingredients and products 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.
India Anti Caking Industry Overview
The Indian anti-caking market is fragmented with the presence of multinational, regional, and local companies. Companies are investing in new facilities to expand their production capacities, in order to meet the increasing demand for anti-caking agents. Some of the major key players in the india anti caking market are PPG Industries, Cargill Inc., BASF, Kao Corporation, Corbion Purac, among others.
India Anti Caking Market Leaders
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PPG Industries
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Cargill Inc
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Kao Corporation
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BASF
*Disclaimer: Major Players sorted in no particular order
India Anti Caking Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 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 Type
- 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 Application
- 5.2.1 Food and Beverage
- 5.2.2 Animal Feed
- 5.2.3 Other Applications
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 PPG Industries
- 6.3.2 Cargill India Private Limited
- 6.3.3 BASF India Limited
- 6.3.4 Kao Corporation
- 6.3.5 Corbion Purac
- 6.3.6 PQ Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityIndia Anti Caking Industry Segmentation
The Indian anti-caking market is segmented by type and application. On the basis of type, the market is segmented into Calcium Compounds, Sodium Compounds, Silicon Dioxide, Other Types. On the basis of application, the market is segmented into Food & Beverage, Animal Feed, Other Applications.
Type | Calcium Compounds |
Sodium Compounds | |
Silicon Dioxide | |
Other Types | |
Application | Food and Beverage |
Animal Feed | |
Other Applications |
India Anti Caking Market Research FAQs
What is the current India Anti Caking Market size?
The India Anti Caking Market is projected to register a CAGR of 6.23% during the forecast period (2024-2029)
Who are the key players in India Anti Caking Market?
PPG Industries , Cargill Inc, Kao Corporation and BASF are the major companies operating in the India Anti Caking Market.
What years does this India Anti Caking Market cover?
The report covers the India Anti Caking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Anti Caking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
India Anti Caking Industry Report
Statistics for the 2024 India Anti Caking market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India 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.