Canada Anti-Caking Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.86 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Canada Anti-Caking Market Analysis
The Canadian anticaking market is projected to register a CAGR of 3.86% during the forecast period, 2020-2025.
- 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 and sauces, and other applications.
- Some of the commercial anticaking agents available in the market are powered cellulose tricalcium phosphate, sodium bicarbonate, potassium aluminum silicate, polydimethylsiloxane, and magnesium trisilicate.
Canada Anti-Caking Market Trends
This section covers the major market trends shaping the Canada Anti-Caking Market according to our research experts:
Growing Demand for Retail Food
Food retail is a highly competitive industry in the developed countries. Rising number of retailers, retail channels, and formats are increasing the consumer access to process and convenience foods, and further, increasing the demand for food additives from the food and beverage industry in Canada. While providing consumers with competitive prices, quality, and services, the organized retail sector exposes the consumer to label information and quality comparison with both private labels and branded products.
Rising Consumption of Food Ingredients is Boosting the Anticaking Market
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, like food coating ingredients, food and beverage premixes, and other products, including baking powder, milk and 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 anticaking agents, due to their properties, such as free-flow, texture, and long shelf-life. Moreover, increasing the consumption of various food ingredients is projected to contribute to the market growth of food anticaking agents.
Canada Anti-Caking Industry Overview
The leading players in the anticaking market in Canada include Cargill Inc, Corbion Purac, BASF, Huber Engineered Material, and Kao Corp. Companies are investing in new facilities to expand their production capacities, in order to meet the increasing demand for anticaking agents.
Canada Anti-Caking Market Leaders
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ABITEC association
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BASF
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Cargill Inc
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Corbion Purac
*Disclaimer: Major Players sorted in no particular order
Canada Anti-Caking Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Calcium Compounds
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5.1.2 Sodium Compounds
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5.1.3 Magnesium Compounds
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5.1.4 Other Types
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5.2 By Application
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5.2.1 Bakery Products
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5.2.2 Dairy Products
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5.2.3 Soups and Sauces
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5.2.4 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Cargill Inc.
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6.3.2 Corbion Purac
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6.3.3 BASF
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6.3.4 IMAC Inc.
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6.3.5 ABITEC Association
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6.3.6 Kao Corporation
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6.3.7 Huber Engineered Materials
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6.3.8 Agropur Ingredients
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6.3.9 PQ Corporation
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Canada Anti-Caking Industry Segmentation
The Canadian anticaking market is segmented by type and application. On the basis of type, the market is segmented into calcium compounds, sodium compounds, magnesium compounds, and other types. On the basis of application, the market is segmented into bakery products, dairy products, soups and sauces, and other applications.
| By Type | |
| Calcium Compounds | |
| Sodium Compounds | |
| Magnesium Compounds | |
| Other Types |
| By Application | |
| Bakery Products | |
| Dairy Products | |
| Soups and Sauces | |
| Other Applications |
Canada Anti-Caking Market Research FAQs
What is the current Canada Anti-Caking Market size?
The Canada Anti-Caking Market is projected to register a CAGR of 3.86% during the forecast period (2024-2029)
Who are the key players in Canada Anti-Caking Market?
ABITEC association, BASF, Cargill Inc and Corbion Purac are the major companies operating in the Canada Anti-Caking Market.
What years does this Canada Anti-Caking Market cover?
The report covers the Canada Anti-Caking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canada Anti-Caking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canada Anti-Caking Industry Report
Statistics for the 2024 Canada Anti-Caking market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada 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.
