(Entertainment-NewsWire.com, February 23, 2018 ) According to the report Middle East and Africa Anti Caking Agents Market, published by Market Data Forecast, The Market was worth $58.95 million in 2016 and estimated to be growing at a CAGR of 4.26%, to reach $72.65 million by 2021.
Middle-East and Africa anti-caking agents market is an evolving market, which clamps a lot of promise in the coming years. Anti-caking agents are a kind of food additive. Since maximum products caking come from moisture, anti-caking agents either turn to absorb moistness or act as a sealant or resist water and oil. Like most other food additives and preservers, the popular come from sources that are tough for human bodies to break down over time.
The Middle-East and Africa anti-caking agents market is recording stable growth with better production and demand of livestock products, rise in the population and consumption being the main reasons. Anti-caking agents market is anticipated to grow on account of increasing demand from several industries such as food, feed and fertilizers. Increase in raw material prices, higher manufacturing and management costs in the industry are a major challenge for the anti-caking agents market in this region.
Middle East and Africa Anti Caking Agents Market: Segmentation By Type Calcium Compounds Sodium Compounds Magnesium Compounds Microcrystalline Cellulose Silicon Dioxide By Application Spice Seasoning & Condiments Bakery Flavor Beverages Dairy Fruits & Vegetables Chocolates
Geographically the market is segmented into Middle East and Africa. Middle-East is leading the ant-caking agents market and Africa is estimated to grow at highest CAGR during the forecast period. South Africa is the major market of the region, with exports to the other countries also booming.
The scope of the report provides: The evaluation of the current market for your product or services and the future implications of the market Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence Equip you with the information providing with the investment opportunities in the industry
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