Global Food Anti Caking Agents Market is expected to grow with a CAGR of 5.4% in the forecast period of 2023 to 2030. The years considered for the study are as mentioned below.
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Global food anti caking agents market is fragmented, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players in the global food anti caking agents market are introducing a strong range of product providers and adopting strategic initiatives such as publications, acquisition, business expansion, and award and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In September 2021, W.R. Grace shareholders approved the New York company's $4.6 billion acquisition of the specialty chemicals behemoth. W.R. Grace & Co. shareholders approved the acquisition of the Columbia-based specialty chemicals giant by a New York building materials company for $4.6 billion. W.R. Grace announced the all-cash transaction with a Standard Industries Holdings affiliate
Evonik Industries AG is the dominating player in the global food anti caking agents market. The other key players existing in the market include PPG Industries, In, PQ, W. R. Grace & Co.-Conn, Allied Blending, NB Entrepreneurs, Solvay , Huber Engineered Materials, REMEDY LABS , Sigachi Industries, Konoshima Chemical Co.,Ltd, Sinthesis Greenchem Private Limited, Hefei TNJ Chemical Industry Co.,Ltd., Cellulose Manufacturer-Ankit Pulps, Fuji Chemical Industries Co., Ltd, MUBY CHEMICALS, JELU-WERK J. Ehrler GmbH & Co. KG, Sapthagiri Aromatics, Jinsha Precipitated Silica Manufacturing Co., Ltd, Bimal Pharma, Astrra Chemicals, SBF Pharma, Foodchem International Corporation, Anmol Chemicals, Regoj Chemical Industries, and RanQ, among others.
Evonik Industries AG
Evonik Industries AG was founded in 1847 and is headquartered in Essen, Germany. The company focuses on manufacturing innovative products and enhancing the properties of products. The company has product categories, namely agriculture, automotive, transportation & machinery, coatings, paints & printing inks, construction, electronics & telecommunication, environment & utilities, food, feed & beverages, lifestyle & personal care, metals, mining, oil & gas, pharma & healthcare, plastics & rubber, pulp, paper & packaging and general industry, and food and feed & beverages are market focused category.
The company has a wide presence across North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
For instance,
- In June 2021, Evonik expanded its system solutions portfolio by acquiring cosmetic delivery company Infinitec Activos. The Spanish firm designs and manufactures novel active delivery systems for cosmetic active ingredient applications. With its portfolio of natural-based active ingredients and seven delivery systems, the addition of Infinitec Activos to the Care Solutions business line strengthens Evonik's position as a long-term specialties partner while also expanding Nutrition & Care's broad technology platform
PPG Industries, Inc.
PPG Industries, Inc. was founded in 1883 and is headquartered in Pennsylvania. US., the company focuses on delivering high-quality, innovative, sustainable solutions to their end-user consumer. The company has product categories such as hi-sil silica, agilon performance silica, flo-gar silica, inhibition silica, lo-vel silica, and SDS, out of which flow-gar silica is the market-focused category.
The company has a wide presence across North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
For instance,
- In April 2021, PPG Industries acquired the powder coatings manufacturing business of Arsonsisi, an industrial coatings company in Italy. The transaction will provide PPG with a highly automated powder manufacturing plant in Verbania, Italy, capable of producing small and large batches. PPG will also have metal bonding capabilities in Europe and Middle East and Africa (EMEA)
PQ
PQ was founded in 1831 and is headquartered in Pennsylvania, US. The company focuses on manufacturing silicate, zeolite, and other performance materials in the construction and food and beverage markets. The company has product categories, namely lithium silicates, potassium silicates, silicas, solid sodium silicates, sodium silicate liquids, sodium metal silicates, and zeolites, out of which silicas and sodium metasilicates are market-focused categories.
The company has a wide presence across North America, South America, Asia-Pacific, Europe, and Middle East Africa.
For instance,
- In March 2021, PQ Group Holdings Inc., a leading integrated and innovative global provider of specialty catalysts, chemicals, and services, announced the signing of a definitive agreement to sell its Performance Chemicals business for $1.1 billion to a partnership formed by Cerberus Capital Management, L.P. and Koch Minerals & Trading LLC.
