Delvens published a new research publication on "Food Emulsifiers Market Insights, to 2030" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Food Emulsifiers Market was mainly driven by the increasing RD spending across the world.
The global Food Emulsifiers Market size was estimated at USD 3.8 billion in 2023 and is projected to reach USD 5.6 billion in 2030 at a CAGR of 5.7% during the forecast period 2024-2030.
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The food emulsifiers market is currently experiencing robust growth, driven by several significant factors reshaping the global food industry landscape. The COVID-19 pandemic served as a catalyst, highlighting vulnerabilities within food supply chains and intensifying the focus on ingredient quality and supply chain resilience.
Emulsifiers play a vital role in the food industry by enhancing texture and consistency through their ability to stabilize oil-water mixtures. This functionality is indispensable across various sectors, including bakery, confectionery, dairy, and meat processing.
Key Findings
- On the basis of Type, Mono- and di-glycerides, along with their derivatives, dominated the emulsifiers market with a significant revenue share of nearly 53.9% in 2023. These glycerin-based fatty acid esters are essential for stabilizing and homogenizing processed foods, widely used in dairy and bakery products like cakes, ice creams, margarine, and bread.
- On the basis of Application, Bakery confectionery, meat products, dairy products, and convenience foods represent the primary application segments driving the food emulsifiers market.
North America to Dominate the Market
- North America dominates the food emulsifiers market due to its extensive and diverse food and beverage industry. Consumer demand for convenience foods and clean label products, along with the presence of reputable food producers, drives steady growth.
- Asia Pacific is experiencing the fastest market growth, fuelled by rapid economic development, urbanization, and changing consumer preferences.
Competitive Landscape
- DSM
- BASF SE
- Lonza Group
- Glanbia Plc
- ADM
- Farbest Brands
- Adisseo
- BTSA Biotechnologias Aplicadas S.L.
- Rabar Pty Ltd
- Novus International
- Kerry Group plc
- Hansen Holding A/S
- Lallemand Inc.
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Recent Developments
In February 2023, Corbion, based in the Netherlands, announced a partnership with Belgium-based company Azelis to distribute food ingredients, including food emulsifiers, in Malaysia and Singapore.
In February 2021, International Flavors Fragrances (IFF), based in the US, completed a merger of its taste and nutrition business with DuPont’s Nutrition Biosciences business, also based in the US.
The Food Emulsifiers Market is segmented into various segments such as Type, Source, Application, Function and Region:
Based on Type
- Mono, Di-Glycerides and Its Derivatives
- Lecithin
- Sorbitan Esters
- Stearoyl Lactylates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Polyprolene Glycol Esters
Based on the Source
- Plant
- Animals
Based on the Application
- Bakery Products
- Confectionery
- Convenience Foods
- Dairy Frozen Products
- Meat Products
- Fats Oils
- Dry Powders
- Beverage Base
- Extruded Products
The Report helps to identify the opportunities in Global Regions:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.)
- The Middle East and Africa (North Africa and GCC Countries)
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Key Features of Global Market Report:
- Analyze competitive developments like expansions, deployments, new product launches, and acquisitions.
- Identify growth opportunities for stakeholders by pinpointing high-growth segments.
- Study global industries status and forecast, focusing on key regions.
- Conduct an in-depth analysis of product segments and applications, offering strategic recommendations for competitive advantage.
- Provide a comprehensive analysis of key regions, including SWOT and Porter's Five Forces analyses.
- Assist in making strategic business decisions and investment plans.
Frequently Asked Questions
- What are the years considered to study Food Emulsifiers Market intelligence report?
- What is the compound annual growth rate (CAGR) of the Food Emulsifiers Market?
- Which region holds the largest market share in Food Emulsifiers Market?
- Which region is the fastest growing in Food Emulsifiers Market?
- Who are the major players in Food Emulsifiers Market?
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