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Food Anti-caking Agents Market - Market Leader
Key players identified in the food anti-caking agents market include Evonik Industries AG (Germany), PPG Industries Inc. (U.S.), and Solvay S.A. (Belgium). Other players—which include Agropur Ingredients (U.S.), Huber Engineered Materials (U.S.), IMAC Inc. (U.S.), PQ Corporations (U.S.), Brenntag AG (Germany), Univar Inc. (U.S.), and Sweeteners Supply Corporation (U.S.)—also have a strong presence in the global food anti-caking agents market.
The key market players have adopted strategies such as acquisitions, new product developments, and expansion of business operations in order to cater to the growing consumer demands, worldwide. The leading players are focusing on strengthening their R&D capabilities, investing in advanced technology to offer diverse product portfolios for different applications, particularly in the seasonings & condiments, bakery, and dairy industries.
The key strategies adopted by players in the market include acquisitions, new product developments and launches, and strategic expansions, in order to diversify their business geographically, and strategically locate and enhance their distribution networks. Market leaders such as Evonik Industries AG, PPG Industries Inc., Brenntag AG, Univar Inc., and Solvay S.A. have successfully tapped the potential markets through acquisitions and expansions. These key companies focus on introducing and offering a wide range of food anti-caking agents for various applications in order to maintain their position in the market.
In 2015, Solvay inaugurated Southeast Asia’s largest sodium bicarbonate plant in Thailand, so as to meet the growing demand for high-quality products in the healthcare, food, and other consumer goods markets throughout Asia. In 2014, Evonik Industries AG opened a new plant in Thailand to increase the production capacity of precipitated silica in Southeast Asia. The precipitated silica is used in the automotive, food, and animal feed industries. In 2013, Evonik announced plans to start a new silica plant in Brazil, which is expected to be ready to function by the end of 2015. This facility will meet the growing demand for precipitated silica by the local production in South America. The core competency of the company is its production, design, and structuring of the specific surface properties of inorganic particles.
Other key players in the market, such as Huber Engineered Materials, launched two silicon dioxide products in 2013, namely, Zeofree PLUS 5191 and Zeofree PLUS 5193. Agropur Ingredients, in July 2014, announced plans to expand its operations in Wisconsin, U.S.
Food Anti-caking Agents Market by Type (Calcium Compounds, Sodium Compounds, Silicon Dioxide, Magnesium Compounds, Compounds, and Microcrystalline Cellulose), Application (Seasonings & Condiments, Bakery, Dairy Products, Soups & Sauces), & by Region - Global Trends & Forecast to 2020
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