Australia Anti Caking Market Analysis
The Australia Anti Caking Market is expected to register a CAGR of 4.5% during the forecast period.
- 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
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
Evonik Industries AG
The Agropur Dairy Cooperative
Merck KGaA
Brenntag GmbH
BASF SE
- *Disclaimer: Major Players sorted in no particular order