Food Emulsifiers Market Expected to Grow at a CAGR of 5.2% By 2018
Dallas, Texas (PRWEB) June 25, 2013
The global food emulsifiers market is a promising segment within the food ingredients market. Food emulsifiers market is considered to be fastest growing segment of food additives market due to the growing trend towards reducing fat content in food products. Though, the emulsifier market is largely driven by and di-glycerides and derivatives, lecithin, stearoyl lactylates, and other emulsifiers such as polyglycerol esters (PGE), polyglycerol polyricinoleate (PGPR), and many other synthetic as well as natural emulsifiers are expected to gain momentum in the near future. Bakery items have been dominant in case of application sector scope. However, researches in various fields have opened up new avenues for the application of these substitutes. Confections, meat processing, dairy, and other convenience food products and beverages are growing lately.
This report estimates the market size of the global food emulsifiers market in terms of revenue and volume. The global food emulsifiers market is expected to reach 933.4 KT by 2018, due to increasing demand for emulsifiers. Di-glyceride & derivatives dominate the market share in terms of the value as well as in volume. In terms of geography, the report is segmented into Asia-Pacific, Europe, North America, and Rest of the World (ROW). Food emulsifiers are broadly divided on the basis of application as bakery & confectionery products, dairy, convenience foods, and meat products. With the huge market potential and the growing preference, the market is likely to witness considerable growth in the years to come. Market drivers, restraints and opportunities are discussed in detail. Market share by major players and countries are also discussed in this report. We have also profiled leading players of this industry including Cargill, Inc. (U.S.), Riken Vitamin (Japan), and Palsgaard (Denmark).
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Bakery & confectionery segment has dominated the demands for food emulsifiers globally. However, the convenience food segment has been the key driver for the market and will continue to be so. Health concerns, consumer awareness, flourishing functional food market, confections & bakery, are some of the key factors driving the segment’s increasing demands for food emulsifiers. Further, the application of modern food processing techniques is driving the expansion of food production and new product development in diverse segments such as dairy, bakery, confectionery, processed foods, fats, as well as oils, and this is likely to spur the growth of the food emulsifiers markets. Governments worldwide are developing policies and regulations to penalize unhealthy diets and support healthy ones.
The global demand for food emulsifiers is coming from Asia-Pacific and other developing economies, and these regions are expected to dominate the global market over the coming years. European markets are approaching maturity in this industry. However, the global market has been revived by the increasing demands for convenience foods. Changing lifestyles have meant the consumer has gradually shifted focus to convenience foods, but not at the cost of health and nutrition. Manufacturers have focused on the various R&D and innovation investments to launch new products. Emulsifiers, thanks to their multi-functional nature, have suited the requirements of the manufacturers in the bid to develop a wider range of good-for-you products.
Asia-Pacific Demand Growth Engines For Food Emulsifeirs
Most of the countries in the Asia-Pacific are still at the developing stage. Economies of these countries are set to grow at faster than the global average. With this growth prosperity millions of people are being lifted up from poverty and increasingly left with higher disposable incomes. Rising population and the resultant demands for food production are driving the markets in these developing regions. China and India are at the forefront of this growth trend. The flourishing food processing industry and the increasing consumer awareness regarding benefits of low fat foods are the key elements driving the markets in these regions.
Scope of the report
The global food emulsifiers market is profoundly analyzed in terms of revenue ($million) by the aforementioned classifications.
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