According to Inkwood Research, the Global Food Emulsifier Market is projected to register a CAGR of 4.59% in terms of revenue during the forecasting years of 2019-2028.
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Food emulsifiers approved by the United States Food and Drug
Administration (FDA) are considered as healthy. Moreover, agents such as
polyglycerols and lecithin help reduce gluten and trans-fat, and are labeled as
non-genetically modified organisms (GMO) and organic. As a result, there has
been an upsurge in the use of food emulsifiers, especially within confectionery
and bakery products like cake, bread, and ice-cream.
Growing
Demand for Clean-Label Ingredients Augments Market Growth
Consumers are highly concerned about the long-term
consequences of the ingredients they consume, particularly in terms of
nutritional content, health impacts, sourcing, environmental sustainability,
social responsibility, and health impacts. Therefore, the demand for
clean-label ingredients in food is substantially growing, across the world. The
use of alternative and natural ingredients can also increase the likelihood of
producing high quality and safe products. Thus, the surging demands for
clean-label ingredients are anticipated to bolster the food emulsifier market
growth.
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Bakery Set
to Emerge as the Dominating Application
The absence of emulsifiers in baked products results in
stale, tough, dry, and tasteless characteristics. Thus, additives play a
significant role in baking. Food emulsifiers also perform vital functions, like
starch complexing, protein strengthening, and aeration, beneficial to the
bakery division. Conversely, the bakery segment’s growth is also associated
with factors such as convenience, insufficient time, skills, and altering
lifestyles, predominant among consumers.
The high consumption of baked products, such as bread, in
Europe, facilitates its market growth. Moreover, the region is positively
welcoming of innovation, and has been favorably responding to consumer demands,
over the recent years.
Asia
Pacific – The Leading and Dominant Region by 2028
Developing markets for food emulsifiers in the Asia Pacific,
especially across emerging countries like China and India, account for higher
growth. The increased prevalence of food emulsifiers is attributed to changing
food habits and the increasing population. The components also ensure freshness
and safety, while maintaining the taste, texture, and appearance of processed
foods. As a result, the region’s demand is significantly fueled by the surging
popularity of ready-to-eat products.
Sustainable competitive advantages through innovation are
temperately high across the global food emulsifier market. Eminent players
concentrate more on continual innovations, by introducing natural components
and ingredients that depend on food applications. Thus, this enables them to
gain broader market traction, when compared to other ingredient manufacturers.
Some of the distinguished companies operating in the market include, Cargill
Inc, Kerry Group, Dupont Danisco, Archer Midlands Daniel Company, Riken Vitamin
Co Ltd, etc.
About Inkwood Research
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research reports and consulting services. Market intelligence studies with
relevant fact-based research are customized across industry verticals such as
technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises of North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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