Food Emulsifiers Market Size Forecast to Reach $4.8 Billion by 2025

April 28 08:40 2021
Food Emulsifiers Market Size Forecast to Reach $4.8 Billion by 2025

Food Emulsifiers Market
The Increasingly Busy Lifestyle of Consumers in Both Developed and Developing Countries Coupled With Rising Consumer Spending on Packed Items Is Likely to Aid in the Market Growth of the Food Emulsifiers Market.

The Food Emulsifiers Market size is forecast to reach $4.8 billion by 2025, growing at a CAGR of 6.1% during the forecast period 2020-2025. Emulsifiers or colloids are extensively used as additives during the processing of victuals. These products have a broad application spectrum ranging from bakery to meat processing. Changing consumer preferences regarding the quality, texture, taste, and nutrition value of victuals and increasing demand for innovative baked products, especially those that are gluten-free and exhibit longer shelf life are the major factors driving the growth of the market. The increasing shift in the food consumption pattern from unprocessed foods to processed and ultra-processed foods is set to further enhance the overall market demand for the Food Emulsifiers Market during the forecast period 2020-2025.

Food Emulsifiers Market Segment Analysis – By Product

The Mono-Di-Glycerides & Derivatives segment held the largest share in the Food Emulsifiers Market in 2019 and is estimated to grow at a CAGR of 6.7% during the forecast period 2020-2025. Mono-di-glycerides are primarily used as emulsifiers in food products and can form various self-assembly structures in an aqueous environment. It can be esterified with a variety of organic acids to form surfactants with different functional properties. Monoglycerides, accompanied by diglycerides, are produced by the base-catalyzed interesterification of a triglyceride with glycerol. The resulting mixed product is often used without purification, but if high-quality monoglycerides are desired, these can be obtained by molecular distillation of the mixed product. Mono-di-glycerides have important applications in the food-processing industry for the stabilization of both water-in-oil and oil-in-water emulsions. Lecithin is a fat that is essential in the cells of the body. It can be found in many foods, including soybeans and egg yolks, and is taken as a medicine and is also used in the manufacturing of medicines. Lecithin is used for treating memory disorders such as dementia and Alzheimer’s disease. The Mono-Di-Glycerides & Derivatives is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.

Food Emulsifiers Market Segment Analysis – By Application

The Dairy Products segment held the largest share in the Food Emulsifiers Market in 2019. The milk is processed into a wide range of products using various processing steps altering the composition, texture, functionality, and shelf life. Proteins and fat are important for structure formation and, at the same time, sensitive too. The emulsion is composed of fat droplets dispersed in an aqueous phase containing protein. The protein is in the form of both casein micelles, which are themselves colloidal particles, and free in solution as whey protein. Ice cream is a complex system of foam, containing a gas dispersed as small cells in a partially frozen continuous phase. Several types of emulsifiers are used in ice cream, with mono‐ and diglycerides as the most commonly used. GMO Soya Lecithin is highly used as an emulsifier in chocolate & confectionery, coatings for spattering control, to prevent crystallization, etc. In baked items including casseroles, bread, cakes, and cookie dough as an anti-caking, pan release, and moisturizing agent. The Dairy Products is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.

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Food Emulsifiers Market Segment Analysis – By Geography

Asia Pacific dominated the Food Emulsifiers Market in 2019 with a share of more than 36.77%, followed by North America owing to the increasing consumption of food & beverage products. Rising income and rapid urbanization along with the growing adoption of food processing ingredients are increasing the growth of the food emulsifiers market in this region.

However, North America is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the increasing demand for emulsifying agents, including stearoyl lactylates and sorbitan esters for bakery and dairy applications. Socio-economic factors including drastically developing the food & beverage industry and broad consumer base are also increasing the growth of the food emulsifiers market in this region.

Food Emulsifiers Market Drivers

The increasingly busy lifestyle of consumers in both developed and developing countries coupled with rising consumer spending on packed items

The increasingly busy lifestyle of consumers in both developed and developing countries coupled with rising consumer spending on packed items is increasing the growth of the food emulsifiers market. The young consumers spend most of their income on packed items product and the improving consumer lifestyle, rapid urbanization, high disposable income, are increasing demand for on the go packed items. Consumers prefer packed items owing to the easy convenience of getting it along with the cost-efficiency. Thus, increasing the growth of the food emulsifiers market during the forecast period 2020-2025.

Increasing shift in the food consumption pattern from unprocessed foods to processed and ultra-processed foods

The increasing shift in the food consumption pattern from unprocessed foods to processed and ultra-processed foods is increasing the growth of the food emulsifiers market. Ultra-processed foods are food and drink products that have undergone specified types of food processing, usually by transnational and other food corporations. These foods are designed to be convenient, eaten on the go, hyper-palatable, and appealing to the consumer and so there is a rapid shift in the food consumption pattern from unprocessed food to ultra-processed foods. Processed food is a food item that has had a series of mechanical or chemical operations performed on it to change or preserve it. Nowadays, people prefer processed and ultra-processed foods more than unprocessed foods owing to the easy availability of it. Thus, increasing the growth of the food emulsifiers market during the forecast period 2020-2025.

Food Emulsifiers Market Challenges

Limited extraction and additional costs associated with emulsifiers extracted from natural resources and health problems associated with the consumption of emulsifiers

Some of the factors that is set to impede the growth of the Food Emulsifiers Market are limited extraction and additional costs associated with emulsifiers extracted from natural resources and health problems associated with the consumption of emulsifiers.

Food Emulsifiers Market Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Food Emulsifiers Market. In 2019, the Food Emulsifiers Market share is consolidated by the top ten players present in the market. Food Emulsifiers Market, the top 10 companies are Adani Wilmar Ltd., Kerry Group, Archer Daniels Midland Company, Basf Se, Belde, Cargill Inc., Danisco A/S, Lonza Group, Lubrizol Corporation, Palsgaard A/S, Riken Vitamin Co. Ltd, Solvay SA, and Stepan Company among others.

Acquisitions/Product Launches

In March 2020, Kerry Group had set up new regional development and food manufacturing facility in Georgia, Rome. This new establishment would help the company to serve its customer base in Europe, increase its production capacity, and expand its geographic reach.

In September 2019, BASF acquired 100% of shares in Isobionics B.V., Geleen, Netherlands. The company develops and produces a wide range of natural flavors and fragrances with a focus on citrus oil components. The acquisition affects the Nutrition & Health division.

In March 2018, Cargill introduced a new range of de-oiled lecithin products to complete its portfolio of GMO and non-GMO lecithin products.

Key Takeaways

The Asia Pacific dominated the Food Emulsifiers Market in 2019 owing to the increasing consumption of food & beverage products. The Food Emulsifiers Market scope for different regions will be provided in the final report.

The increasingly busy lifestyle of consumers in both developed and developing countries coupled with rising consumer spending on packed items is likely to aid in the market growth of the Food Emulsifiers Market.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Food Emulsifiers Market report.

Limited extraction and additional costs associated with emulsifiers extracted from natural resources and health problems associated with the consumption of emulsifiers is set to create hurdles for the Food Emulsifiers Market.

Related Reports :

A. Convenience Food Retail Market

https://www.industryarc.com/Report/18931/convenience-food-retail-market

B. Dairy Products Market

https://www.industryarc.com/Report/18309/dairy-products-market.html

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