The new report by Expert Market Research titled, ‘Global Food Emulsifiers Market Price, Share, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global food emulsifiers market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2015-2025)
• Historical Market Size (2019): USD 3.0 billion.
• Forecast CAGR (2020-2025): 5.5%
• Forecast Market Size (2025): USD 4.0 billion
As globalisation increases, the consumer food preferences are also updated, leading to the growth of the food emulsifiers market as these emulsifiers are increasingly being used as substitutes for enzymes. The rising demand for convenience and premium foods is also contributing to the growth of the food emulsifier market. The market is further driven by the increasing disposable incomes and busier consumer lifestyles of the consumers. The demand for food emulsifiers is powered by the rising need for bakery and confectionery products, which is a significant application sector for food emulsifiers.
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Industry Definition and Major Segments
Emulsifiers are the chemicals that make emulsions by acting as a border between two immiscible liquids, such as oil and water.
Based on type, the industry is divided into:
• Mono, Di-Glycerides, and Derivatives
• Lecithin
• Sorbitan Esters
• Stearoyl Lactates
• Others
The market is dominated by the mono, di-Glycerides, and derivatives segment.
On the basis of application, the industry is segmented into :
• Bakery and Confectionery
• Dairy
• Culinary and Meat
• Oils and Fats
• Others
The bakery and confectionery segment represents the leading application segment for food emulsifiers.
The major regional markets for food emulsifiers are:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Currently, North America is the leading region in the market, followed by Europe and the Asia Pacific.
Market Trends
The Asia-Pacific region is the industry’s fastest-growing, led by the increased demand from China, India, Malaysia, Indonesia, and Vietnam. The growth in demand in the region is mainly caused by the increased use of lecithin in animal feed and pharmaceuticals. The region also has increased demand for di-glycerides. The region is growing rapidly, and in the coming years, it will probably exceed Europe’s demand growth due to positive factors such as economic growth and increased disposable income.
Key Market Players
The major players in the market are Dupont Nutrition and Biosciences, Palsgaard A/S, RIKEN VITAMIN Co., Ltd. (TYO: 4526), Cargill, Incorporated, Estelle Chemicals Pvt. Ltd., LECICO GmbH, and Lasenor Emul, S.L. (BIT: SL), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviors. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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