Market Overview
Market Research Future (MRFR) analyzed the global Food Emulsifier Market growth dynamics across the review between 2016 and 2022. The worldwide food emulsifiers market 2020 can earn considerable turnover at decent CAGR by 2022. The expansion of the food emulsifier industry can be credited to the growing demand and consumption of essential micronutrients-fortified food. In recent times, food emulsifiers are used extensively in the growing food and beverage domain as a binding agent. It is use to incorporate essential micronutrients, such as; minerals and vitamins, in staple food, such as; wheat flour, oil, and margarine among others.
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These type of food items are gaining traction as fitness is observed as a common goal among people. Thus, these causes are observed as potential growth inducers of the market. In addition, the increase in consumption of processed food due to urbanization, and changes in lifestyles and food habit can also greatly impact the food emulsifier market. The demand for organic food emulsifier over synthetic agent across the expanding processed food industry, along with increase in the consumption of functional food foster considerable revenue for the market. The hydrophilic nature of food emulsifier also establishes itself as a potential food preservative.
Thus, along with binding advantage, food emulsifiers can impart quality and keep freshness intact. The dual benefit of one product can aid in the production cost cutting as price of number of raw material required is slashed. Thus, the affordability advantage can add momentum to the market pace. Innovations in the manufacturing of processed can be another driver for the worldwide food emulsifier market.
Key Players
Danisco A/S (Denmark), Dow Corning Corporation (U.S.), Archer Daniels Midland Company (U.S.), Cargill Inc. (U.S.), BASF SE (Germany), Riken Vitamin Co., Ltd. (Japan), and BELDEM (Belgium) are some reputed names in the Food Emulsifiers Market that are evaluated by MRFR to gain deeper knowledge about the expansion dynamics of the market.
Market Segmentation
The segment study of the food emulsifier market is based on source, application, and type.
The sources-based segments of the market are synthetic, plant source, and animal source. The plant source segment can rise at high pace.
The type-based segments of the food emulsifiers market are monoglycerides, lecithin, anionic emulsifiers, sorbitan derivatives, and polyhydric emulsifiers among others. The rise in awareness about dual benefit of sorbitan derivatives, as both binder and preservative, can favor the market.
The application-based segments of the Food emulsifiers market are processed meat, bakery, confectionery, margarine & spreads, poultry & fish, and infant formula among others. The growing adoption of margarine and spreads to win decent revenue for the market.
Regional Analysis
North America, Europe, and Asia Pacific, following the rest of the world (ROW) are regional segments of the worldwide food emulsifier market. In Europe, the food emulsifier market can hold the grand market share and can exhibit healthy CAGR by 2022. In Asia Pacific, the food emulsifiers market is observed as a fastest growing market owing to emerging economies and high growth prospects. In North America, the surge in consumption of convenience and processed food products, along with rise in demand for confectionery and bakery products across India and China can be a crucial factor that can underline the market rise in the near future. Latin America is known to hold lucrative opportunities for the market as functional food is observed to gain traction. The market in Latin America, following South America, can identified to host top-notch food emulsifier dealers as well high-end users. This is also expected to benefit the market in these geographies.
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