The global food emulsifiers market is expected to reach USD
7.51 billion by 2025, according to a new report conducted by Grand View
Research, Inc. Growing requirement of nutritional foodstuffs, protein-rich
products, and ready-to-eat snacks in Asia Pacific is estimated to drive the
demand for food ingredients, including emulsifying agents, colorants, enzymes,
and sweeteners. Furthermore, the presence of a broad consumer base coupled with
the robust growth of the food & beverage sector is another critical driving
factor that is likely to boost product consumption.
Lecithin is one of the major
product categories of the market accounting for 29.1% of the volume share in
2015. Lecithin is found in both animal and plant tissues and is utilized as an
emulsification ingredient for the preparation of a wide variety of bakery &
dairy products.
U.S. food emulsifiers market
volume, by product, 2014 - 2025 (Kilo Tons)
Browse full research report on
Food
Emulsifiers Market
Further key findings from
the report suggest:
- Dairy
products accounted for 9.7% revenue share in 2015 and are likely to be one
of the fastest growing applications. Rising consumption of dairy products
in developing nations including China, India, and Russia is predicted to
influence industry growth of key dairy processing additives, including
emulsifiers.
- Europe
generated revenue of USD 1.36 billion in 2015 and is anticipated to
witness a stable growth over the forecast period. The implementation of
stringent environmental regulations coupled with clean label trends is
likely to support the stable growth in Germany, France, and other
countries in the region.
- Lecithin
exhibits nontoxicity and has the ability to moisturize, homogenize, and
stabilize the colloidal systems. Moreover, it helps in modifying the
rheological properties of victuals and also enhances their shelf life.
Owing to its multifunctionality, the growth of the products is anticipated
to propel significantly over the next couple of years.
- Lonza Group,
Cargill, Inc., Danisco A/S, Riken Vitamin Co., Ltd., Palsgaard A/S,
Beldem, BASF SE, Adani Wilmar Ltd., Archer Daniels Midland Company, Solvay
S.A. Lubrizol Corporation, and Stepan Company are some of the key players
operating in the global market.
- The prominent
market participants such as Riken Vitamins Co., Ltd. and Palsgaard A/S are
focusing on the expansion of their product portfolio by significantly
investing in research & development.
- In December
2016, Cargill, Inc., announced the expansion of its emulsifier product
portfolio. The company introduced a new emulsifier range that is inclusive
of three plant-based lecithin products that are derived from canola,
sunflower, and soy plants. Through new product launch, the company aims to
meet the growing consumer requirements of label-conscious and
nongenetically modified foodstuffs.
For
more information: http://www.grandviewresearch.com
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