The global 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% during the forecast period. 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.
Driver: Increase in the consumption of convenience foods and Covid-19 boosts demand for high quality and premium products
There is a clear shift in the food consumption pattern from unprocessed foods to processed and ultra-processed foods. Hectic lifestyles in developed nations have led to a declining trend in cooking and an increase in snacking patterns. Consumers are more inclined to buying processed foods such as breads & cereals, frozen & packaged meals, and processed meat & fish. This has resulted into a growing market for various types of convenience foods, which, in turn, is set to drive the consumption volumes of processing ingredients, such as food emulsifiers in the food & beverage industry. Food processing ingredients such as emulsifiers are mostly utilized in products, such as bakery & confectionery, convenience foods, dairy & frozen desserts, and meat products. Food emulsifiers help enhance the volume and shelf-life of the products, while also improving their appearance. Emulsifiers are also considered to be one of those food additives that are gradually replacing many other additives in food products, with an aim to reduce their overall fat content. Food manufacturers are increasingly using emulsifiers, to aid the reduction of bad cholesterol (low-density lipoprotein, or LDL) in food products, thereby increasing their usage in processed foods. For this, various food & beverage companies are now also launching new products with different blends of emulsifiers to meet consumer requirements.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=972
Post covid-19 people have become more aware about the products they consume along with the point of origin. This has further escalated the demand for high-end products. Quality remains the chief objective in the consumer mindset with more number of people willing to invest a higher amount for the best quality product. This will also positively impact the food emulsifier market growth.
By application, the dairy & frozen desserts segment is projected to grow at the highest rate during the forecast period
On the basis of application, the food emulsifiers market is segmented into bakery products, confectionery products, convenience foods, dairy & frozen desserts, meat products, and others. The dairy & frozen desserts segment is estimated to dominate the market in 2020, owing to the increased consumption of food products in this application, especially in the developed regions of North America and Europe.
Asia Pacific is projected to be the fastest-growing market for the forecast period
The high consumption of food & beverage products in Asia Pacific is rising steadily, driven by the growing population, rising incomes, and rapid urbanization. All these factors, in turn, have resulted in the growing adoption of food emulsifiers and other food processing ingredients.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=972
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.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/food-emulsifiers-market-972.html