Jul 8, 2020 3:45 PM ET
iCrowd Newswire – Jul 8, 2020
Global Food Emulsifiers Market is likely to grow at a healthy CAGR between 2019 to 2022, according to the latest Market Research Future (MRFR) report. Food emulsifiers, simply put, are used to offer smoothness and stabilize emulsions in various food and beverage production processes. These help to augment their functions and quality as emulsifying agents and are also used to manufacture an array of food products such as spaghetti, fresh noodles, macaroni, and instant noodles as food emulsifiers offer smoothness and elasticity to these products.
Various factors are adding to the global food emulsifiers market share. Such factors, as per the new MRFR report, include growing demand for trans-fat products that have emulsifiers to reduce the fat content and calories, increasing use in bakery and confectionery products, growing frozen food and processed industry, and the rising awareness of the different emulsifiers types among consumers.
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Additional factors adding market growth include rising research activities for health benefits, development of new food emulsifiers for low-fat food products, rapid industrialization of food & beverage sector, and changing preferences of consumers regarding the nutrition value, taste, texture, and quality of victuals. Besides, consumers’ rising interest in the texture and appearance of foods, increasing use of food emulsifiers in different food applications like convenience foods and processed foods manufacturing industries, increasing use of food emulsifiers in personal care products and cosmetics industry, and burgeoning demand for seafood and processed meat. On the contrary, high investment price for research and development activities may limit the global food emulsifiers market growth over the forecast period.
Eminent players profiled in the Global Food Emulsifiers Market report include BASF SE (Germany), BELDEM (Belgium), Dow Corning Corporation (U.S.), Archer Daniels Midland Company (U.S.), Riken Vitamin Co., Ltd. (Japan), Cargill Inc. (U.S.), and Danisco A/S (Denmark). Industry players have incorporated several strategies such as mergers, acquisitions, joint ventures and collaborations, partnerships, contracts, new product launches, and R&D to stay ahead in the competition.
MRFR Report offers an inclusive segmental analysis of the global food emulsifiers market based on sources, type, and application.
By sources, the global food emulsifiers market is segmented into synthetic, animal source, and plant source.
By type, the global food emulsifiers market is segmented into anionic emulsifiers, polyhydric emulsifiers, sorbitan derivatives, monoglycerides, lecithin, and others. Of these, the monoglycerides segment will lead the market over the forecast period.
By application, the global food emulsifiers market is segmented into infant formula, margarine and spreads, poultry and fish, processed meat, confectionery, bakery, and others. Of these, bakery and confectionery will dominate the market over the forecast period for the burgeoning demand for innovative products that have a longer shelf life and are gluten-free.
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Based on the region, the global food emulsifiers market report covers the recent trends and growth opportunities across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, Europe will spearhead the market over the forecast period for the burgeoning demand for convenient and innovative products.
The global food emulsifiers market in North America is predicted to have the second-largest share over the forecast period for increasing demand for processed foods, a busy lifestyle, and high living standards.
The global food emulsifiers market in the APAC region is predicted to grow at the fastest pace over the forecast period. Factors boosting the market growth include rising demand for frozen meat products in China, a wide consumer base in developing and developed countries, and industrialization of the food and beverage sector.
The global food emulsifiers market in the MEA is predicted to have a steady growth over the forecast period.
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