What is Food Desiccants Market?
Food desiccants are used in food packages to help to maintain low relative humidity, which in turn can extend shelf-life, and limit mold growth. Generally used desiccants include calcium oxide and silica gel. They are used inside the package of hygroscopic food products to reduce the moisture absorption by the product itself, this is projected the growth of the food packages in the forecast period.
The market study is being classified by Type (Clay Desiccants, Silica Gel, Calcium Oxide and Calcium Sulfate), by Application (Food Packaging and Others) and major geographies with country level break-up.
Drytech, Inc. (United States), Desiccare, Inc. (United States), Sorbent Systems (United States), Multisorb Technologies, Inc. (United States), WidgetCo, Inc. (United States), AGM Container Controls (United States), IMPAK Corporation (United States), Absortech (Sweden), Interra Global (United States) and GeeJay Chemicals (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Asia Packaging (India) and Sorbead India (India).
The food desiccants market is fragmented as the market has a number of companies that offer various products. The companies are exploring the market by expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Vendors having a strong hold in the market are Drytech, Inc., Desiccare, Inc., Sorbent Systems, and Multisorb Technologies, Inc.. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Food Desiccants market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Food Desiccants market by Type, Application and Region.
On the basis of geography, the market of Food Desiccants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Food Processing Industry Globally
- Growing Health Consciousness among the People
Market Trend
- Rising Adoption and Increasing Demand of the Packaged Food in Developing and Developed Nations
Restraints
- Intense Competition among the Competitors
Opportunities
- Increasing Awareness about the Benefits of the Food Desiccants
Key Target Audience
Food Desiccants Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other