Food Emulsifiers Market Size, Share, Growth, Industry Analysis Report

Chicago, 2020-Aug-03 — /EPR Network/ —

The report Food Emulsifiers Market by Type (Lecithin, Mono- & Di-Glycerides and Their Derivatives, Sorbitan Esters, Stearoyl Lactylates, Polyglycerol Esters), Source (Plant and Animal), Application, and Region – Global Forecast to 2023″ The food emulsifiers market is estimated to be valued at USD 2.9 billion in 2018 and is projected to reach USD 3.7 billion by 2023, at a CAGR of 5.1%. The market is driven by the rise in consumption of processed foods.

Market Dynamics

Drivers

  • Increase In The Consumption Of Convenience Foods And Premium Products
  • Growing Number Of End-Use Applications Due To Multifunctional Attributes Of Emulsifiers

Restraints

  • Limited Extraction And Additional Costs Associated With Emulsifiers Extracted From Natural Resources

Opportunities

  • Product Innovations Leading To Better Stabilization Properties And Lower Costs

Challenges

  • Health Problems Associated With The Consumption Of Emulsifiers

The plant segment is projected to dominate the market by 2023

The food emulsifiers market, by source, is projected to be dominated by the plant segment during the forecast period. The high growth is not only attributed to the stable and harmless nature of plant-based emulsifiers but also to the preference of the food industry manufacturers.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=972

Asia Pacific is projected to be the fastest-growing market during the forecast period

The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023. The high growth is attributed to the changing food consumption patterns in the region, owing to the rising income and urbanization, especially in South Asian countries. Further growth can be attributed to the increasing urbanization in the region, resulting in the increasing demand for food security and quality food. Food manufacturers are expected to use food emulsifiers due to their multifunctional properties.

This report includes a study of the marketing and development strategies used, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Archer Daniels Midland Company (US), DowDuPont (US), Cargill (US), Kerry Group Plc. (Ireland), and Ingredion Incorporated (US). Other players include Corbion N.V. (Netherlands), Lonza Group Ltd. (Switzerland), and Palsgaard A/S (Denmark). Furthermore, Riken Vitamin Co. Ltd. (Japan), Tate & Lyle (Ireland), and Beldem S.A. (Belgium) are the other players that hold a significant share in the food emulsifiers market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Matched content

Editor’s pick

Do NOT follow this link or you will be banned from the site!