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Wednesday 28 June 2017

Southeast Asia Food Emulsifier Market Driven by Increasing Demand for Convenience & Packaged Foods

Rising demand for convenience food is the major factor boosting the demand for food emulsifier in Southeast Asia. The food emulsifier market in Southeast Asia has been experiencing robust growth due to its increasing demand across confectionery and bakery among others. Apart from these, preference to low fat food and health awareness are also contributing to the growth of food emulsifier in Southeast Asia. In addition, food emulsifiers are being added to the finished product to increase the overall quality of bakery and functional foods. Growth in the bakery industry in Southeast Asia is set to bolster the growth of the food emulsifier market.

According to the report, the Southeast Asia food emulsifier market is expected to rise from a valuation of US$173.3 mn in 2014 to a valuation of US$248.3 mn by 2021 at an estimated CAGR of 5.10%. Growing demand for packaged foods counts as a major driver acting on the Southeast Asia food emulsifier market in the forecast period. High demand for convenience foods is also a major driver of the Southeast Asia food emulsifier market.

The Southeast Asia food emulsifier market is segmented on the basis of application into convenience foods, bakery and confectionery products, meat products, dairy products, and others. As mentioned before, convenience foods have led the demand for food emulsifiers in Southeast Asia in the recent past, with a 24.8% share in the Southeast Asia food emulsifier market in 2014, and will continue to lead the market in the forecast period. Steady demand for bakery products and dairy products from various countries will also enable the Southeast Asia food emulsifier market to exhibit a strong CAGR in the forecast period.

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The report also profiles major players operating in the Southeast Asia food emulsifier market for a comprehensive understanding of the competitive landscape of the market. Players such as Cargill Inc., Associated British Foods plc, BASF SE, Ajinomoto Co., Archer Daniels Midland Company, and Givaudan SA are examined in the report.

The food emulsifier market is segmented as:

Southeast Asia Food Emulsifier Market: By Product Type
  • Stearoyl Lactylatess
  • Mono, Di-Glycerides & Derivatives
  • Sorbitan Esters
  • Lecithin
  • Others

Southeast Asia Food Emulsifier Market: By Application Type
  • Dairy Products
  • Convenience Foods
  • Bakery & Confectionery
  • Meat Products
  • Others

Southeast Asia Food Emulsifier Market: By Country
  • Thailand
  • Indonesia
  • Malaysia
  • Vietnam
  • Rest of Southeast Asia

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