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Food Emulsifiers Market worth 3.55 Billion USD by 2022
The report "Food Emulsifiers Market by Type (Mono-, Di-Glycerides, Lecithin, Sorbitan Esters, Stearoyl Lactylates, and Polyglycerol Esters), Application (Bakery, Confectionery, Convenience, Dairy, and Meat), and Source (Plant and Animal) - Global Forecast to 2022", The global food emulsifiers market is projected to reach USD 3.55 Billion by 2022 in terms of value, at a CAGR of 5.5% from 2017.
Browse 68 market data tables and 44 figures spread through 166 pages and in-depth TOC on “Food Emulsifiers Market by Type (Mono-, Di-Glycerides, Lecithin, Sorbitan Esters, Stearoyl Lactylates, and Polyglycerol Esters), Application (Bakery, Confectionery, Convenience, Dairy, and Meat), and Source (Plant and Animal) - Global Forecast to 2022”
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Emulsifiers are widely accepted ingredients in food & beverage applications owing to their functional properties. The multi-functionality of emulsifiers increases its adoption in end-use applications. Also, the growing demand of natural sources of ingredients and increase in demand for convenience foods and premium products have expanded the application areas of food emulsifiers in the food & beverage industries. Emulsifiers are increasingly used by food processors to make their food products more cost-efficient and robust, enabling them to endure the rigors of harsh processing.
Mono-, di-glycerides, and its derivatives projected to be the largest segment
Mono-, di-glycerides, and its derivatives is estimated to account for the largest market share in the food emulsifiers market in 2017, due to its wide range of applications in the food & beverage industry. Mono-glycerides are manufactured from glycerol and oils or fats (triglycerides). To improve the functionality, highly purified mono-glycerides, called distilled mono-glycerides, are formed by molecular distillation. Mono-, di-glycerides, and its derivatives find uses in a wide range of food applications such as dairy products, bakery products, and convenience foods.
Bakery products: The most widely preferred food emulsifier application
The bakery products segment accounted for the largest share in the food emulsifiers market, in terms of value, in 2015. Multi-functionality of emulsifiers increases its adoption in end use applications, increased consumption of premium products, increase in demand of convenience foods, growing demand for natural sources of ingredients, and increase in investments for research & development to develop new products for the market are the key drivers of the food emulsifiers market. The food emulsifiers market is considered to be one of the fastest-growing segments of the food additives market due to the growing trend towards reducing the fat content and calorie content in food products. Increasing health concerns among the calorie-conscious population demand for healthier, low-calorie foods. With the increase in awareness about health & nutrition products among the global population, wide applications in food emulsifiers and positive investigations for health benefits create a platform for newer applications of emulsifiers, which drives the increase in demand and market growth for emulsifier-based food products.
Europe estimated to be the most lucrative market for food emulsifiers
In 2017, the Europe region is estimated to hold a significant share in the global food emulsifiers market whereas Asia-Pacific is projected to grow at the highest CAGR during the forecast period. The major drivers for this significant share of European region are increasing consumer expectations for innovation and convenience. Development of new food emulsifiers for making low fat food products is one of the latest trends in the food emulsifiers industry of the country. Positive investigations for health benefits create a platform for newer applications of emulsifiers and increase in consumer awareness regarding value-added products. The Asia-Pacific market is driven by the growing demand for processed food products in developing countries such as India, China, Japan, Australia, and New Zealand.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Cargill (U.S.), Kerry Group Plc. (Ireland), and Ingredion Incorporated (U.S.).
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