Market Trends of Canada Anti-Caking Industry
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.
