The Food
Emulsifiers Market report discusses the
primary market growth drivers and challenges that the vendors and the market as
a whole face and provides an overview of the key trends emerging in the market.
This study also shows about the industry size of different segments and their
growth aspects along with key leading countries in Americas, Asia-Pacific,
Europe, the Middle East, and Africa regions.
Industry Insights
The global food emulsifiers market was valued at a revenue of USD 4.36
billion in the year 2015. Bakery & confectionery is one of the significant
end-uses, which is likely to drive the global demand over the years ahead,
owing to the multifunctionality of these products.
Emulsifiers or colloids are widely used as process additives during the
manufacturing of victuals. They are broadly consumed in various applications
such as food & beverage, meat processing, bakery products, and
confectionary goods. Rapid industrialization of the food & beverage sector
in Asia Pacific is another significant driver of the food emulsifiers market
demand. Changes in consumer preferences regarding various physico-chemical and
sensory attributes such as the texture, quality, nutritional content, and taste
are likely to create a positive impact on the industry dynamics during the
forecast period.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Food Emulsifiers Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Food Emulsifiers Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
The U.S. has been one of the prominent consumers of emulsifying agents.
The ongoing green label trend in this country over the use of ingredients and
additives used in food processing is likely to upsurge the requirement of
bio-based and natural ingredients in the future. This in turn is expected to
provide a favorable opportunity for the consumption of various natural
emulsifying materials in key application sectors over the coming years.
Stepan Company is one of the key manufacturers, which offers emulsifying
agents for the food & beverage industry. It supplies mono and di-glycerides
under the Drewmulse brand, that helps in emulsification and stabilization of
food and nutrition systems.
Application Insights
Meat products, bakery & confectionery, convenience foods and dairy
products are the key applications of the global industry. Confectionery &
bakery held the highest revenue share of 59.4% of the total industry in 2015.
The bakery sector is driven by demand of innovative baked products,
mainly which offer longer shelf life and are gluten-free. Additionally, there
is a rise in consumer demand for biscuits comprising high fiber and nutritional
content. This is expected to boost the consumption of emulsifiers over the
years ahead.
In terms of volume, convenience products are likely to witness fastest
growth, expanding at a CAGR of 5.0% during the forecast period. Busy consumer
lifestyles in developing and developed countries has propelled the consumption
of packaged foods. This scenario is likely to boost the industry growth by
2025.
Regional Insights
Europe accounted for the highest volume share in 2015, constituting
29.5% of the total industry. Asia Pacific and North America were the next major
consuming regions of the market. France, Germany and other East European
countries are likely to influence the expansion of industry in the coming
years. In Europe, the demand for sorbitan esters and stearoyl lactylates is
likely to increase, especially in dairy and bakery applications, at a steady
CAGR during the forecast period.
Countries in Eastern Europe are likely to witness fastest industry
growth, due to the increasing foreign investments in the production of
alcoholic beverages. This development is expected to offer favorable prospects
for food emulsifiers.
Asia Pacific is likely to depict fastest growth on account of various
socio-economic factors, which include strong development of the food &
beverage processing industry coupled with the presence of a wide consumer base.
This scenario is expected to reflect mainly in India, China and Southeast Asian
countries over the years ahead.
Competitive Insights
BASF SE, Danisco A/S, Beldem, Lonza Group, Cargill, Inc., Riken Vitamin
Co. Ltd., Adani Wilmar Ltd., Palsgaard A/S, Archer Daniels Midland Company,
Stepan Company Solvay S.A., and Lubrizol Corporation are the key players in the
industry.
Companies such as Riken Vitamin and Palsgaard are investing
significantly in the research and development for enhancement of the functional
properties of their products. Danisco A/S is engaged in providing processed
foods that are characterized by enhanced taste, nutritional value, extended
shelf life and texture. Cargill Inc., manufactures synthetic emulsifiers are
widely used in chocolate, snacks and bakery items, as they provide better
dispersion systems in comparison with soy lecithin.
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