Bizizz Market Research has recently published a research report, “Food Emulsifiers Market By Type (Stearoyl lactylates, Lecithin (Oiled and De-Oiled), Sorbitan esters, Polyglycerol esters, Mono- di-glycerides and their derivatives and Others), by source (Plant and Animal), Application (Meat products, Bakery products, Dairy & Frozen desserts, Convenience foods, Confectionery products and Others), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Food Emulsifiers Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 4.2 Bn by 2027, witnessing a CAGR of 5.3 % during the forecast period. Key drivers of the market are rising demand for packaged food along with increased establishment of packaged food manufacturing plants across the globe.
A food emulsifier is a component extracted from natural origins such as animals and plants and is utilized as a confining agent in concocted food manufacturing. Emulsifiers used in food products manufacturing are also well known as emulgents, in which most of these emulsifiers are extracted from egg is one of vital forms that are being adopted and demanded by wide range of food and beverage manufacturers. Emulsifiers have attained high importance for chocolate, fast food and bakery products having various advantages while processing and storage. The most important emulsifiers utilized in chocolate are PGPR and lecithin which have a high demand in the global market.
The Food Emulsifiers market is anticipated to register a CAGR of over 5.3% during the forecast period.
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By source, Plant segment held a prominent share in Global Food Emulsifiers Market in 2018.
The plant based emulsifiers are exhibiting a significant market demand in the recent years. Increased demand for the plant based food products are contributing to the demand for plant based food emulsifiers in the global market. The customers are gradually shifting their inclination towards the eco-friendly food products and increased government regulations are anticipated to fuel the market of plant based food emulsifiers during the forecast period.
Asia pacific is Anticipated to Dominate the Global Food Preservatives Market during the Forecast Period.
The Asia Pacific food emulsifier market is being driven by countries such as South Korea, China, Japan, and India are projected to estimate highest CAGR. Emulsifying agents are utilized as effervescent and motivate emulsification in production of tofu. Meat is being increasingly replaced by tofu because of its cholesterol-free and gluten-free properties. Customer’s increasing interest for vegan foods especially in Japan and China could plunge the tofu manufacturing that shall increase regional product demand.
Global Food Emulsifiers markets are moderately consolidated with key players accounting for significant share in 2018. The companies are offering innovative food emulsifiers that are enabling them to compete in the global market during the forecast period.
Prominent players operating in the Global Food Emulsifiers Market are: Palsgaard A/S., Beldem S.A., DowDuPont, Ingredion Incorporated., Riken Vitamin Co. Ltd., Corbion N.V., Kerry Group Plc, Lonza Group Ltd., Tate & Lyle, Cargill, and Archer Daniels Midland Company, among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
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e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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