Market Overview
The purpose of food emulsifiers is to act as a medium for two distinct conflicting components of food like water and oil to mix. Emulsifiers can make these two components compatible. A new report on the global food emulsifiers market, published by Market Research Future (MRFR), predicts growth for this market during the review period (2016-2021).
The topmost market driving factor for the global food emulsifiers market growth is the high demand as well as the use of emulsifiers in various food industries. In many bakery and confectionery products, food emulsifiers are used as food toppings. They improve the texture and appearance of biscuits, cakes, chocolates, cookies, ice-creams, infant formulas, mayonnaise, and other products. The surging demand for processed meat and seafood is also contributing to the market growth. Food emulsifiers are used as food additives in various food processes. The increasing application scope of emulsifiers in industries such as cosmetics, and personal care product industry is also progressing the growth in this market.
Key Players
Kerry Group (Republic of Ireland), Evonik Industries AG(Germany), DowDuPont (U.S.), BASF SE (Germany), Clariant (Switzerland), Koninklijke DSM N.V. (The Netherlands), Akzonobel N.V. (The Netherlands), Cargill Incorporated (U.S.), Lonza(Switzerland), Solvay SA (Belgium), Stepan Company (U.S.), The Lubrizol Corporation (U.S.)
Market Segmentation
The global food emulsifiers market segmentation encompasses application, source, and type. MRFR’s research on the market highlights many factors of the market in-depth.
The application-based segmentation of this market can cover bakery, confectionery, infant formula, poultry & fish, processed meat, margarine & spreads, and others. Regarding source, the market has been segmented into the animal source, the plant source, and synthetic emulsifiers. By type, the market has been segmented into anionic emulsifiers, lecithin, monoglycerides, polyhydric emulsifiers, Sorbian derivatives, and others.
Regional Segmentation
A geographical outlining of the global food emulsifiers market growth covers Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
Europe holds the largest food emulsifiers market share in this region due to the high population, higher purchasing power, presence of major market players, and strict rules regarding food preservation. The most lucrative markets in Europe are France, Germany, Italy, and the UK. The survey of the remaining countries in Europe featured in this report calculates the inclusion of additional market revenue from these countries.
In North America, the market is strong due to the presence of some key market players, mass food production, higher purchasing power, and strong economies. The greatest markets in this region are the USA, Canada, and Mexico.
Asia Pacific region can emerge as the largest food emulsifiers supplier market due to the high economic growth in countries like Australia, China, India, and Japan. Major market drivers in this region are the high consumption of processed as well as convenience food products, economic stability, and increasing purchasing power. The high population in China and India is also promoting market growth in this region. A proper survey and analysis of the remaining countries in the Asia Pacific region featured in this report provide further insights into the region.
The RoW segment covers Argentina, Brazil, Egypt, Saudi Arabia, South Africa, and other uncategorized regions and countries. Argentina and Brazil can become good markets due to stable economies. In Latin America, the market is surging due to the same factors as in the Asia Pacific region. In Saudi Arabia, there is scope for market growth due to economic prosperity, but the growth can slow due to various government restrictions on the market. In South Africa, the market is low, but it can grow as the economy of this country is more stable compared to other countries in Africa.
Latest Industry News
Swedish-Danish company AAK has obtained a majority stake in UK-based lecithin supplier Soya International. Now AAK is set to become one of the world’s ‘leading suppliers’ of specialty lecithin. This acquisition results in AAK getting a new name. Now AAK will operate in the market from Manchester as AAK Soya International, supplying a comprehensive range of products that include non-GMO liquid lecithins, non-GMO powdered lecithins, organic lecithins, and specialty lecithin solutions. These solutions have been developed for bakery, dairy, chocolate, confectionery, and infant nutrition applications.
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