Food Emulsifiers Industry Status and Trend Report by 2025
The
global Food Emulsifiers Market is expected to reach USD
7.51 billion by 2025, according to a new report conducted by Grand View
Research, Inc. Growing requirement of nutritional foodstuffs, protein-rich
products, and ready-to-eat snacks in Asia Pacific is estimated to drive the
demand for food ingredients, including emulsifying agents, colorants, enzymes,
and sweeteners. Furthermore, the presence of a broad consumer base coupled with
the robust growth of the food & beverage sector is another critical driving
factor that is likely to boost product consumption.
Lecithin
is one of the major product categories of the market accounting for 29.1% of
the volume share in 2015. Lecithin is found in both animal and plant tissues
and is utilized as an emulsification ingredient for the preparation of a wide
variety of bakery & dairy products.
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Further key findings from the report suggest:
·
Dairy products accounted for 9.7% revenue share in 2015 and are likely to
be one of the fastest growing applications. Rising consumption of dairy
products in developing nations including China, India, and Russia is predicted
to influence industry growth of key dairy processing additives, including
emulsifiers.
·
Europe generated revenue of USD 1.36 billion in 2015 and is anticipated
to witness a stable growth over the forecast period. The implementation of
stringent environmental regulations coupled with clean label trends is likely
to support the stable growth in Germany, France, and other countries in the
region.
·
Lecithin exhibits nontoxicity and has the ability to moisturize,
homogenize, and stabilize the colloidal systems. Moreover, it helps in
modifying the rheological properties of victuals and also enhances their shelf
life. Owing to its multifunctionality, the growth of the products is
anticipated to propel significantly over the next couple of years.
·
Lonza Group, Cargill, Inc., Danisco A/S, Riken Vitamin Co., Ltd.,
Palsgaard A/S, Beldem, BASF SE, Adani Wilmar Ltd., Archer Daniels Midland
Company, Solvay S.A. Lubrizol Corporation, and Stepan Company are some of the
key players operating in the global market.
·
The prominent market participants such as Riken Vitamins Co., Ltd. and
Palsgaard A/S are focusing on the expansion of their product portfolio by
significantly investing in research & development.
·
In December 2016, Cargill, Inc., announced the expansion of its
emulsifier product portfolio. The company introduced a new emulsifier range
that is inclusive of three plant-based lecithin products that are derived from
canola, sunflower, and soy plants. Through new product launch, the company aims
to meet the growing consumer requirements of label-conscious and nongenetically
modified foodstuffs.
Grand
View Research has segmented the global food emulsifiers market by product,
application, and region:
Product
Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)
·
Mono-, Di-glycerides & Derivatives
·
Lecithin
·
Stearoyl Lactylates
·
Sorbitan Esters
·
Others
Application
Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)
·
Bakery & Confectionery
·
Convenience Foods
·
Meat Products
·
Dairy Products
·
Others
About Grand
View Research:
Grand View Research is an India & U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. Grand
View Research database is used by the world's renowned academic institutions
and Fortune 500 companies to understand the global and regional business
environment. Our database features thousands of statistics and in-depth
analysis on 46 industries in 25 major countries worldwide.
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