Sodium
Stearoyl-2-Lactylate Market: Overview
Food
additives are the certain type of chemicals prepared with some
natural or synthetic ingredients. Such food additives are used to
enhance taste and other qualities of a particular food item. Sodium
stearoyl-2-lactylate (sodium stearoyl lactylate or SSL) is one such
versatile, FDA approved food additive that is used to enhance the
mixability and volume of processed foods. Sodium stearoyl-2-lactylate
is commercially available lactylate. It does carry various properties
such as when mixed, it helps to strengthen dough, mixes liquids and
oils together, and it can even replace some fat and sugar. Sodium
stearoyl-2-lactylate is used in a variety of commercially baked goods
and processed foods, including bread, sour cream, salad dressings,
soups, cheese products, crackers, cookies, and puddings. Sodium
stearoyl-2-lactylate is least harmful for human consumption as it is
non-toxic, biodegradable, and typically manufactured using
bio-renewable feedstock. With an increase in demand and subsequent
consumption of processed foods, the market of sodium
stearoyl-2-lactylate is expected to register healthy CAGR over the
forecast period.
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Sodium
Stearoyl-2-Lactylate Market: Drivers and Restraints
The
primary factor for the growth of Sodium Stearoyl-2-Lactylate is its
significant use in processed food. Present time has been exhibiting
a scenario where working class travels long distances for work and
job purpose. With less time, available for preparation of food and
other activities for individuals, people are switching to processed
foods. Increase in FDI, opening up of modern format of retail stores
are other factors which are growing the processed foods market which
ultimately impacting the sodium stearoyl-2-lactylate market. Health
concerns of individuals and food manufacturers untiring effort to
meet customers' demand for the food products which are less harmful
for consumption are making them manufacture products which are the
substitutes for various fat and sugars, thereby helping Sodium
stearoyl-2-lactylate market to grow. With such a move, Sodium
stearoyl-2-lactylate not only helping in the manufacturing of healthy
food but also lowering the cost of manufacturing.
Sodium
Stearoyl-2-Lactylate is not harmful for human consumption unless it
is not in pure chemical form
Based
on the sales channel, Sodium Stearoyl-2-Lactylate market can be
segmented into:
- B2B
- B2C
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Global
Sodium Stearoyl-2-Lactylate Market: Regional Outlook
Based
on the geographic regions, global Sodium Stearoyl-2-Lactylate market
is segmented into seven key market segments namely North America,
Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan,
and Middle East & Africa. Among the aforementioned regions, APEJ
will dominate the Sodium Stearoyl-2-Lactylate market over the
forecast period. The countries such as China, India, and South Korea
will be the key contributor to the growth of Sodium
Stearoyl-2-Lactylate market. Presence of a huge population and
various food industries to meet such a huge population’s demand is
the key factor for growth of sodium stearoyl-2-lactylate market in
APEJ region. North America and Western Europe region will come next
to APEJ with respect to growth of Sodium Stearoyl-2-Lactylate market.
Even though they are next to APEJ for Sodium Stearoyl-2-Lactylate
market but this region is the first movers in using Sodium
Stearoyl-2-Lactylate for manufacturing of various food products. In
Eastern Europe, the market of Sodium Stearoyl-2-Lactylate has also
gathered momentum with establishments of various food industries. MEA
is also a prominent market for Sodium stearoyl-2-lactylate market
owing to the presence of various food industries. Latin America is
also expected to perform well in sodium stearoyl-2-lactylate market.
Japan has also a wide range of various food industry that caters to
the demand of young Japanese population; such industry provides the
necessary scope for growth of sodium stearoyl-2-lactylate market.
Sodium
Stearoyl-2-Lactylate: Key Players
The
major players identified in the global Sodium Stearoyl-2-Lactylate
derivatives market includes:
- B. ENTERPRISE
- Palsgaard
- Foodchem International Corporation
- Estelle Chemicals Pvt. Ltd.
- Parchem fine & specialty chemicals.
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