HOME › Press Releases › Sucrose Esters Market worth 74.6 Million USD by 2020
Sucrose Esters Market worth 74.6 Million USD by 2020
The report "Sucrose Esters Market by Application (Food, Detergents & Cleaners, and Personal Care), Form (Powder, Liquid, and Pellet), & by Region (North America, Europe, Asia-Pacific, Latin America, and Rest of the World) - Global Trends & Forecast to 2020", The sucrose esters market is estimated to be valued at USD 55.7 Million in 2015, and is projected to reach a value of USD 74.6 Million by 2020. The market is projected to grow at a CAGR of 6.0% from 2015 to 2020.
Browse 102 market data Tables and 46 Figures spread through 167 Pages and in-depth TOC on "Sucrose Esters Market by Application (Food, Detergents & Cleaners, and Personal Care), Form (Powder, Liquid, and Pellet), & by Region (North America, Europe, Asia-Pacific, Latin America, and Rest of the World) - Global Trends & Forecast to 2020"
Early buyers will receive 10% customization on reports.
Sucrose esters are most commonly used as food additives in bakery products, confectionery, dairy products, beverages, and other processed food products. The industry for sucrose esters is buyer-oriented and exhibits potential substantial progress due to positive growth in sectors such as the processed food & beverages industry, the personal care industry, and the detergents & cleansers industry, which have witnessed continuous variations with regard to technological up-gradation and favorable economic factors. Multifunctional physical abilities of sucrose esters along with an increase in health concerns among calorie-conscious population are projected to drive the sucrose esters market in the near future.
Significant growth in sucrose esters observed in food application
Food application of sucrose esters has observed a significant growth among the other applications of sucrose esters such as personal care, detergent & cleaners, and others. Applications such as bakery products, confectionery, dairy products, cereals, soups & sauces, beverages, and others including dips, spreads, and toppings make the food segment to dominate the sucrose esters market.
Strong product platform provided by powdered form of sucrose esters
The various forms of sucrose esters include powder, liquid, and pellets. Powdered form of sucrose esters has its applications in personal care as well as bakery & confectionery products. Sucrose esters generally available as white powder are easily soluble in water, and are widely accepted as a food additive in many countries.
Cost-effective solutions along with a large food application base key to success in the Asia-Pacific region
The sucrose esters have become immensely popular with manufacturers of bakery, confectionery, dairy, cereals, and various other processed food & beverage products in the developing regions of Asia-Pacific and Latin America, not because of their emulsification properties, but their ability to replace fat or act as low-fat alternatives. Growth of the consumer products industry in the European region is expected to be driven by development in the Eastern and Southeastern European countries. The presence of a large food & beverages industry and an established personal care & detergents industry offers the European sucrose esters market a prominent consumer base with opportunistic growth prospects.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such BASF SE (Germany), Evonik Industries AG (Germany), P&G Chemicals (U.S.), Croda International Plc (U.K.), and Mitsubishi Chemical Holdings Corporation (Japan).
In terms of insights, this research report has focused on various levels of analyses industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging & high-growth segments of the global sucrose esters market; high-growth regions, countries, and their respective regulatory policies; government initiatives; drivers; restraints; and opportunities.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.
M&M’s flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India