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Thursday 25 February 2016

Food Emulsifier Market Will Continue to Grow Strongly Through 2021, Especially in Asia Pacific

Transparency Market Research has published a new market report titled Food Emulsifier Market (By Types – Stearoyl Lactylatess, Mono, Di-Glycerides & Derivatives, Sorbitan Esters, Lecithin and Others By Application Type – Dairy Products, Convenience Foods, Bakery & Confectionery, Meat Products and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2021,” the market in terms of revenue was valued at USD 3257.9 million in 2014, which is expected to reach USD 4299.3 million by 2021, growing at a CAGR of 4.0% from 2015 to 2021.
The food emulsifier is one of the fastest growing segments in the food ingredients market. An emulsifier is a material that stabilizes an emulsion. Emulsifiers are used in different types of food such as dairy products, beverages, bakery & confectionery products, meat products, and convenience foods. Emulsifiers are used in various foods and beverages as a food additive for reducing the fat content. Based on the various product types, the food emulsifier market is segmented into stearoyl lactylates, mono, di-glycerides & derivatives, sorbitan esters, lecithin, and others. The increasing demand for convenience and packaged foods in western market is raising the demand for food emulsifier in Europe and North America.
In terms of revenue, Asia Pacific is expected to be the largest regional market for food emulsifier, accounting for more than 38% during the forecast period. China is projected to be the most attractive regional market for food emulsifier during the forecast period. The country accounted for major share of the food emulsifier market in Asia Pacific in 2014. The primary factors driving the market of the food emulsifier in China is the increasing demand for packaged foods in the country. In addition, preference of low fat foods by consumers in China is further driving the growth of the food emulsifier market in the country. In addition, India, after China, is another attractive market for food emulsifiers in the Asia Pacific region. Currently, the rising demand for packaged, convenience, and low fat foods in India makes it one of the fastest growing food emulsifier markets in the world. India caters to the international food emulsifier market and competes globally as well. Moreover, The Rest of Asia Pacific includes countries such as North Korea, Israel, Pakistan, Thailand, and others. Most of the countries in this region are either developing or under developed. Therefore, the demand for food emulsifiers in this region is currently negligible and by the end of the forecast period, the region is expected to witness a significant growth. Raise in demand for food emulsifiers in the developing economies in Rest of Asia Pacific is the major factor that is driving the growth of the food emulsifier market in the region.
The market for food emulsifier in Europe is projected to expand significantly during the forecast period. Germany and France are the leading manufacturers of food emulsifiers in the region. The increasing demand for packaged and convenience foods has positively impacted the market for food emulsifiers in the region. Therefore, the demand for food emulsifier is set to grow in the region with the change in food preferences of consumers. The major factor driving the food emulsifier market in Germany is increasing demand for convenience food and usage of food emulsifier as a major ingredient in ice creams are the factors that are primarily driving the growth of the food emulsifier market in the country. Moreover, the food emulsifier market in France is growing at a steady rate currently. Demand for food emulsifiers is currently rising due to the high ongoing demand for low fat foods and packed foods. This factor, in turn, is further driving the growth of the food emulsifier market in the country.
The food emulsifier market in North America has grown significantly over the years. Continuous research and development in the area of food emulsifiers has been the major driving factor for the growth of the market. In addition, increasing demand for convenience foods has positively affected the food emulsifier market in the region. The food emulsifier market in North America is expected to face challenges, such as government regulation on food additives, which are likely to have a negative effect on the food emulsifier sector. The food emulsifier market in the U.S has witnessed a substantial growth in recent times. The demand for mono, di-glycerides & derivatives food emulsifiers is high in this country. The convenience foods and bakery and confectionery segments have grown significantly; however, the dairy products segment is considered to offer better growth potential.
Rest of the World includes countries such as Brazil, Dubai, UAE, Mexico, and South Africa. The rising demand for low fat foods among consumers is driving the growth of the food emulsifier market in the region. Increasing health awareness among consumers is expected to further improve the food emulsifier market in RoW. Latin America is one of the largest food emulsifier markets in the Rest of the World region. The demand for food emulsifiers is relatively moderate in the region because of the preference of low fat foods among the consumers. This has positively affected the food emulsifier market in Latin America. The usage of food emulsifiers in developing countries in the region is on the rise currently.
Key players profiled in this report include DSM Nutritional Products AG, Cargill Inc, Sensient Technologies Corporation, Chr. Hansen Holding A/S, CP Kelco U.S., Inc., Archer-Daniels-Midlands Company, BASF, Ajinomoto Co., Associated British Foods Plc. and Givaudan SA. among others.
The report segments the food emulsifier market as:
Global Food Emulsifier Market: By Product Type
  • Stearoyl Lactylatess
  • Mono, Di-Glycerides & Derivatives
  • Sorbitan Esters
  • Lecithin
  • Others
Global Food Emulsifier Market: By Application Type
  • Dairy Products
  • Convenience Foods
  • Bakery & Confectionery
  • Meat Products
  • Others
Global Food Emulsifier Market: By Geography
North America
  • U.S.
  • Canada
  • Rest of North America
Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
Asia Pacific
  • India
  • China
  • Japan
  • Rest of Asia Pacfic
Rest of the World (RoW)
  • Middle East
  • Latin America
  • Africa

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