Latin America Feed Anti Caking Agents Market

Latin America Feed Anti Caking Agents Market Size, Share, Growth (2024 to 2029)

Latin America Feed Anti Caking Agents market size was around USD XX billion in 2024. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2029

Anti- caking agent is an additive, utilized in food industry including seasoning & condiments, dairy bakery, products, meat products, soups & sauces and sweeteners. It is utilized in the form of powder or granules for preventing the formation of lumps and for easing consumption, packaging, and transport. They are nutritionally void. Few commonly used anti-caking agents in food industry are calcium silicate, magnesium stearate, powdered cellulose, sodium aluminosilicate and silicon dioxide, sodium bicarbonate, magnesium tri silicate, calcium Ferro cyanide potassium aluminium silicate,  sodium Ferro cyanide, stearic acid, tri calcium phosphate and polydimethylsiloxane . Sodium aluminosilicate is utilized as an anti-caking agent in table salts. The market is expected to witness significant growth during the aforementioned forecast period due to the rising demand for the agent in feeds and fertilizers in the manufacture of fertilizers. Demand for fertilizers is expected to rise in order to enhance the crop yield. Increase in demand for fertilizers is expected to fuel the market growth. Factors like ease of transportation and utilization in packaging and consumption are also anticipated to boost the demand for anticaking agents. Robust growth in the livestock industry is one of the key factors propelling the anti-caking agent for feed & fertilizer market.On the other hand, potential health hazard is estimated to hinder market growth. Moreover, implementation of strict governmental regulations, particularly in developed countries, is anticipated to unfavourably affect the overall market during the aforementioned forecast period.

Latin America Feed Anti Caking Agents Market Segmentation

1. source

2. application

by Sources

• synthetic

• natural agents

Natural anti-caking agents like magnesium carbonate and calcium carbonate are very costly and thus synthetic agents are widely preferred. Major applications of anti-caking agents are in food, feed and fertilizers. Food applications include bakery, sauces, condiments, seasoning, dairy products, and soups. Applications in fertilizers include potassium, nitrogen, ammonium, phosphorus, and compound-based fertilizers. Certain limitations like inert properties and its classification as “Generally Recognized as Safe” (GRAS) is anticipated to complement anti-caking agents’ market growth. But still, only specific amounts of anti-caking agents are allowed in food & beverage applications, further reducing its consumption in the application. This is anticipated to have an adverse effect on the market growth.

Latin America Feed Anti Caking Agents Market Regional Analysis

• Brazil

• Chile

• Argentina

Rising processed food demand in Brazil and Argentina conjoined with high demand for dairy products is anticipated complement Central & South America market growth over the aforementioned forecast period.

Latin America Feed Anti Caking Agents Market Key players

• Sasol Wax

• IMAC INC

• BASF

• Fuji Chemicals Industries

• Grain Corporation

• Norkem Group

• Chemipol S.A.

• Bogdány Petrol Ltd.

• Huber Engineered Materials

• Evonik Industries AG

• Kao Chemicals

• PQ Corporation

• Sweetener Supply Corp