The rise in consumption of processed foods due to the rising disposable income and the increasing end-user applications of food emulsifiers are expected to drive the overall food emulsifiers market.
The report “Food Emulsifiers Market by Type (Mono & di-glycerides and their derivatives, Lecithin, Sorbitan esters, Polyglycerol esters, and Stearoyl lactylates), Source, Function, Application, and Region – Global Forecast to 2025“, The food emulsifiers market is estimated to be valued at USD 3.2 billion in 2020 and is projected to reach USD 4.0 billion by 2025, at a CAGR of 4.7 %. The market is driven by the rise in the consumption of processed foods.
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The mono- & di-glycerides and their derivatives segment is estimated to be the largest in 2020
The food emulsifiers market, by type, is estimated to be dominated by the mono- & di-glycerides and their derivatives segment, as it is a widely used emulsifier type across several applications. It has been observed that during 2019, the US food industry consumed more than 70% of mono- & di-glycerides-based emulsifiers. The lecithin segment is projected to be the fastest-growing segment. The emulsification and instantizing properties of lecithin are responsible for its growing use as a replacement of the other types that are heavily processed with chemicals.
The plant segment is projected to dominate the market by 2025
The food emulsifiers market, by source, is projected to be dominated by the plant segment during the forecast period. The high growth is not only attributed to the stable and harmless nature of plant-based emulsifiers but also to the preference of the food industry manufacturers.
The dairy & frozen desserts segment is projected to be the fastest-growing segment during the forecast period
The dairy & frozen dessert segment is projected to be the fastest-growing, by application, during the forecast period. At a global level, there is growing consumption of dairy and frozen dessert products; and since such products tend to get separated easily in their formulations, food emulsifiers tend to improve the quality of the products. Thus, these factors are expected to drive the growth of the segment at a significant rate during the forecast period.
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The Asia Pacific is projected to be the fastest-growing market during the forecast period
The Asia Pacific market is projected to grow at the highest CAGR from 2020 to 2025. The high growth is attributed to the changing food consumption patterns in the region, owing to the rising income and urbanization, especially in South Asian countries. Further growth can be attributed to the increasing urbanization in the region, resulting in the growing demand for food security and quality food. Food manufacturers are expected to use food emulsifiers due to their multifunctional properties.
This report includes a study of the marketing and development strategies used, along with the product portfolios of leading companies. It consists of the profiles of leading manufacturers such as Archer Daniels Midland Company (US), DowDuPont (US), Cargill (US), Kerry Group Plc. (Ireland), and Ingredion Incorporated (US). Other players include Corbion N.V. (Netherlands), Lonza Group Ltd. (Switzerland), and Palsgaard A/S (Denmark). Furthermore, Riken Vitamin Co. Ltd. (Japan), Tate & Lyle (Ireland), and Beldem S.A. (Belgium) are the other players that hold a significant share in the food emulsifiers market.
Collagen Peptides Market worth $795 million by 2025
Food & beverage manufacturers have started using collagen peptides increasingly as an ingredient in a wide range of products. Also, with biotechnological advancement, collagen peptides have found its use in various biomedical applications. The versatile nature of collagen peptides makes it useful in the pharmaceutical industry for the production of orally administrative medicines.
Pea Starch Market is Expected to Reach $203 Million by 2026
Growth in the demand for pea starch in the end-user application industries is driving the market growth of pea starch. Further, increase in the demand for gluten-free products is also a major factor resulting to the rise in the demand for pea starch.
Shrink Plastic Film Market is Estimated to Grow $3.0 billion by 2025
Based on type, the shrink plastic film market for beverage multipacks is dominated by the unprinted shrink plastic film segment.
