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Worldwide Food Antifoaming Agents Market Analysis 2018 | Industry Expected to Grow at CAGR of 4% by Forecast to 2023
Market Overview:
Growing awareness and increasing application of food antifoaming agents in the food & beverage industry is driving the growth of the market.
Food antifoaming agents are food additives that restrict the foam formation and are added to products such as beverages, dairy, oil, and other products. They are used as an additive to increase the production efficiency along with the shelf-life of food products. Some of the food antifoaming agents frequently used in the foods & beverages industry are water, silicone, oil-based additives among others which are used as an additive and added in small quantities.
Growing consumer awareness and increasing demand for the product in beverage industry is driving the growth for food antifoaming agents. Also, escalating demand for convenience food in developed as well as developing countries is likely to boost the growth of the food antifoaming agents market. Moreover, value-added benefits associated with the product including prevention of foam formation and food spoilage are also contributing to the growing demand for food antifoaming agents market. Furthermore, increasing demand for food additives in the food industry is gaining traction for food antifoaming agents in the foods & beverages industry. Additionally, continuous R&D followed by the development of new products is one of the key reasons for the swelling growth of the food antifoaming agents market during the review period.
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Latest Industry Updates:
Nov 2017 Wacker Chemie A.G. expanded its production of silicone and polymer products in China. Moreover, food application lab for products from the Wacker Biosolutions division is also scheduled.
March 2018 Wacker Metroark Chemicals Pvt. Ltd. has expanded its product portfolio with Indian plant expansion
March 2016 BASF SE has launched a new product as a defoamer for solid coating systems
Competitive Analysis:
Demand for food antifoaming agents is increasing rapidly in the food and beverage industry which is motivating the key players to invest in the market. They are investing huge amounts in R&D for new product launches. Moreover, business expansion and increasing the geographical presence is among the key strategies for the companies.
The key players profiled in food antifoaming agents market report are Ashland LLC (U.S.), Evonik Industries AG (Germany), BASF SE (Germany), Air Products and Chemicals, Inc. (U.S.), Ecolab Inc. (U.S.), Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Elementis Plc. (U.K), HiMedia Laboratories Pvt. Ltd. (India), and Kemira OYJ (Finland) among many others.
Market Segments:
The global food antifoaming agents market has been divided into type, application, and region.
On The Basis of Type: Water, Silicone, Oil-based, and Others
On The Basis of Application: Beverages, Bakery & confectionery, Dairy & frozen desserts, Oils & fats, and Others
On The Basis of Region: North America, Europe, Asia Pacific, and ROW.
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Regional Analysis:
The global food antifoaming agents market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Among all, North America is projected to dominate the food antifoaming agents market followed by Asia Pacific. In North America, the U.S. observed the highest consumption of food antifoaming agents due to increasing awareness about the benefits related to the application of food antifoaming agents in this region. Moreover, increasing demand from North America is majorly contributing to the overall increase in the growth of food antifoaming agents market. Also, increasing demand for food antifoaming agents in beverage industry mainly observed in developing countries such as India, China, and Japan in recent times are likely to enhance the growth of the food antifoaming agents market during the estimate period.
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