(Food-Beverage-News.Com, March 22, 2018 ) The increasingly busy and hurried lifestyles adopted by the global population creates the necessity for instant food items and their ingredients to be stored for longer times. The growing level of client inclination towards food of higher quality has led to the increase in consumption and innovation of various food ingredients, products like baking powder and instant soup powder, food-coating ingredients such as coffee, cocoa and chocolate powders and different food and drink premixes.
The Europe Anti-Caking Agents Market was valued at $196.5 million in 2016 and is predicted to be growing with a CAGR of 4.05%, to approximate $239.65 million by 2021.
The expansion of the Food and Beverage industry resulting from the rise of the income levels in the region is the main reason behind the market growth.
Increase in the growth of the food and beverage trade is resulting in high demand of food-coating agents for powdered food ingredients for coffee and instant soups, which has created a brand-new marketplace for the utilization of food anti-caking agents within the industry. Companies are increasing investments in new facilities to expand their production capacities, so as to satisfy the increasing demand for anti-caking agents.
This expansion within the consumption of the food ingredients has resulted in a great rise in the demand for food anti-caking agents, attributable to their necessary practicality in maintaining and preserving the texture, different properties of food like aroma and the overall feel of the food product and enhanced shelf life of the food products.
Based on geography, the Europe market is studied in the following regions - UK, Spain, Germany, France and other countries. The extensive consumer demand for various kinds of convenience food products in the region is expected to propel the market growth.
The major market players on the Asia-Pacific market scape are Chemipol S.A., Kao Chemicals, Huber Engineered Materials, Grain Corporation, IMAC Inc, Agropur Ingredients, Sasol Wax, Fuji Chemicals Industries, PPG Industries Inc., Evonik Industries AG, BASF and Norkem Group.
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