Food Emulsifiers Market Value and Expected Growth:
Food Emulsifiers Market size is valued at 2.68 Billion USD in 2019. The market is expected to grow at a CAGR of 5.4% over the forecast period to reach a valuation of 3.49 Billion USD in 2024.
Emulsifiers consist of molecules with water-soluble and oil-soluble that helps mixtures of water and oil to finely disperse, creating a stable emulsion. Emulsifiers and colloids are used widely in the manufacturing of victuals as additives. Such products have a wide range of applications, from bakery to meat processing. Food emulsifiers improve the flavor, texture, and taste while maintaining the nutritional content in foods. Thanks to its anti-staling, stable foaming and emulsifying properties, the food emulsifier is used in small quantities.
Food emulsifiers are a growing segment in the food production market as their usage helps in reducing calories, lowering fat intake and various other health benefits. Bakery and confectionary industries are the major consumers for emulsifiers, followed by the beverages industry. The significance of using emulsifiers in various food products is due to having functional properties and numerous benefits associated with its use. The effective use of various emulsifiers has largely contributed to the growth of the overall market due to the flourishing food & beverage industry. Di-Glycerides and Lecithins were the most preferred emulsifiers, followed by Sorbitan esters.
The growth of the Food Emulsifiers market is majorly driven by factors such as a rise in the global population and increasing consumer awareness towards trans-fat products, driving the food processors to use emulsifiers to reduce the calories and fat content. The penetration of the organized retail sector is also a major driver boosting the food emulsifier market. New processing techniques used for product development have also invariably raised the market for food emulsifiers. Increased awareness of the ill effects of synthetic ingredients led to consumers Demand for Natural Additives which in turn is leading to an increase in R&D costs. Complex US Regulatory Environment is restraining the growth of the market. Rising Demand for natural emulsifiers by consumers is also restraining the market.
Food Emulsifiers Market Drivers, Restraints and Opportunities:
Significant factors which have helped drive the Food Emulsifiers Market forward are-
The factors holding the Food Emulsifiers Market back include-
Regulations concerning acceptable levels of emulsifiers in the food and beverage industry by regulatory commissions, including the FDA should stimulate consumer demand because of its healthy and non-toxic nature
Rising demand for natural emulsifiers by consumers is also restraining the market
Meat emulsifier is used in the manufacture of alcoholic beverages. In the brewing industry, it is added to beer to prolong its shelf life. It will encourage the use of emulsifiers in breweries, stimulating the growth of the industry
Geographical and Regional Growth Insights:
Due to increased consumer demand for convenience foods and dairy & frozen desserts, North America's market is the highest. The meat emulsifiers market in North America is expected to be the largest in 2019. In this region, the market is driven by increased consumption of processed food and the presence of most of the top food emulsifier companies in this area. The U.S. is one of the emulsifying products' critical consumers. At present, the trend in the clean labeling of ingredients and additives over the processing of victuals is expected to increase the demand for natural and bio-based ingredients in the future.
Regional Growth Insights:
It is expected that the market will be dominated by the crop segment in 2019 by the origin and will also expand at a higher CAGR. As they are less toxic and more stable in food formulation, plant-based food emulsifiers are preferred to animal-based food emulsifiers. Such factors drive the food emulsifier’s market segment of the crop
Due to the increased consumption of food products, especially in the developed regions of North America and Europe, the dairy & frozen dessert segment is expected to dominate the market in 2019.
It is projected that mono- & di-glycerides and their subset of derivatives will dominate the market in 2019 as they are used in different applications. It was found that the bulk of the U.S. food industry consumed emulsifiers based on mono- & di-glycerides in 2018.
Food Emulsifiers Market Segmented by Type:
Food Emulsifiers Market Segmented by Application:
Food Emulsifiers Market Segmented by Source:
Bakery application dominates the market share with more than half of the share in terms of value as well as volume.
RESEARCH METHODOLOGY:
The research done takes place in two phases namely-
Secondary Research: The first phase of the research process is extensive secondary research and identification of the related intelligence. Secondary data is compiled from various sources. Extensive secondary research helps in generating hypotheses and identifying critical areas of interest that are investigated through primary research.
Primary Research: This entails conducting hundreds of primary interviews with industry participants and commentators in order to validate the data points obtained from secondary research and to fill the data gaps. A primary interview provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in deciding the scope and deliverables of the study in terms of the requirement of the market. Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies.
There has been a shift in the consumer preference from synthetic ingredients to natural and organic ingredients The Nutraceutical ingredients include pre-biotic and pro-biotic, vitamins, minerals, fibers, Omega 3, Proteins, and structured lipids, Amino acids, and various other ingredients. There is a lot of opportunity in the natural emulsifier market.
Research Report Key Highlights:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Mono-Glycerides
5.1.2 Di-Glycerides
5.1.3 Lecithin
5.1.4 Sorbitan Esters
5.1.5 Stearoyl Lactylates
5.1.6 Polyglycerol Esters
5.2 By Application
5.2.1 Bakery
5.2.2 Confectionery
5.2.3 Convenience & Dairy
5.2.4 Meat
5.3 By Source
5.3.1 Plant
5.3.2 Animal
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.3.6 Australia
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Archer Daniels Midland Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 E. I. du Pont de Nemours and Company
8.3 Cargill
8.4 Kerry Group Plc.
8.5 Ingredion Incorporated
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
