PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128348
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128348
Food Emulsifiers Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Key Market Insights
"Food Emulsifiers accounts for about 30 percent of the global emulsifier demand"
The food emulsifiers market is expected to grow at a CAGR of 5.1% during the forecast period from 2022 to 2030, starting from US$ 2.6 Bn in 2021.
The rising demand for food additives and processed food drives the food emulsifiers market as emulsifiers are the most common content of processed food. Emulsifiers are products that are used for altering the flavor and to improve the texture of food products. As per the report, it is estimated that about 74% of the approved food products globally contains emulsifiers, one of the key factor propelling the growth of the market.
The production and consumption of food emulsifiers as food additives are increasing to a great extent. Wide acceptance of lecithin in a variety of food production due to its nontoxicity supports the demand for lecithin based food emulsifiers market. Moreover, increased consumption of convenience and premium food products drive the overall food emulsifiers market.
Source Analysis
In 2021 plant-based emulsifiers dominated the food emulsifiers market and expected to continue its dominance during the forecast period. Consumers are more inclined to use plant-based emulsifiers due to its capacity to improve health and wellbeing. Moreover, the global market for vegan and vegetarian products estimated to be around US$ 51 billion in 2016 and expected to grow at a considerable rate that will drive the plant-based food emulsifiers market. In addition, in 2021, one out of four products launched in the UK was labeled as vegan and vegetarian, launches of vegan food products in the UK increased from 17% in 2020 to 23% in 2021 that is one of the key factors for the dominance of plant-based food emulsifiers market globally.
Increasing consumer demand for transparency in listing food ingredients also supports market growth. As per a recent survey, about 67% of the consumers prefer knowing the ingredients that are present in the food products. Moreover, 86% of the consumer feels a sense of trust towards food products manufacturers that provide access to ingredient information.
Regional Analysis
"Rising demand for processed food in the North American region propels the market growth"
North America dominated the food emulsifiers market in 2021 and projected to grow at a CAGR of around 4.5% during the forecast period. The growth of the market is supported by factors such as increased consumption of processed food in the North America region. For instance, as per the report titled Processed Food, the United States, the demand for processed food will expect to grow around 1.8% annually. Thereby, it supports the growth of the food emulsifiers market in the region. In addition, in June 2020, The US Food and Drug Administration (FDA) announced the mandatory removal of partially hydrogenated oils (PHOs) from food products. Thereby, manufacturers are focusing to develop non-PHO alternatives is one of the key factors supporting the growth of the market.
Major manufacturers in the North America region are focusing on increasing their product portfolio by launching new food emulsifiers. For instance, recently, DuPont Nutrition & Health developed a new and natural monoglyceride emulsifier. The new range of natural emulsifiers, Dimodan, provides manufacturers with improved efficiencies and production.
List of Companies Covered:
Cargill, Incorporated
DuPont
Riken Vitamin Co., Ltd.
Kerry Inc.
Estelle Chemicals Pvt. Ltd.
Ingredion
Palsgaard
AAK Foods
ADM
Lonza
Puratos
Stepan Company
DSM
Key Industry Developments:
In December 2021, Cargill entered into a joint venture with Renmatix. The acquisition aims to explore opportunities for new and applications in the plant-based functional food segment. Through the acquisition, Cargill aims to draw the technology of Renmatix that uses water, heat and pressure to convert plant fiber into clean label emulsifier replacement.
In April 2021, Cargill increased its product portfolio by the launch of the latest range of plant-based emulsifiers. The new range of lecithin offers bread manufacturers plant-based emulsifiers. Moreover, lecithins offer a label-friendly alternative for manufacturing long-lasting quality bakery products.
In January 2019, Palsgaard announced the expansion of its business activities in Brazil. The company expanded its reach in Brazil by acquiring Condon. Condon is a leading supplier of special ingredients and bakery emulsifiers to the food industry in Brazil. Through the acquisition, Candon aims to increase its product portfolio and expand sales to North and South America.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Food Emulsifiers market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Food Emulsifiers market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Billion
Segmentation
Type
Mono-di-glycerides
Lecithin
Stearoyl Lactylates
Polyglycerol Ester
Others (polyglycerol polyricinoleate, propylene glycol esters, etc.)
Source
Plant Based
Animal Based
Application
Bakery Products
Dairy Products
Meat Products
Convenience Food Products
Confectionery Products
Others (Fats and Oils, Beverage base, Frozen Products, Extruded products, etc.)
Region Segment (2020-2030; US$ Billion)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Billion )
Pre Covid-19 situation
Post Covid-19 situation
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Food Emulsifiers market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Food Emulsifiers market?
Which is the largest regional market for Food Emulsifiers market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Food Emulsifiers market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Food Emulsifiers market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Food Emulsifiers Market
- 2.2. Global Food Emulsifiers Market, By Type , 2021 (US$ Billion)
- 2.3. Global Food Emulsifiers Market, By Source , 2021 (US$ Billion)
- 2.4. Global Food Emulsifiers Market, By Application , 2021 (US$ Billion)
- 2.5. Global Food Emulsifiers Market, By Geography, 2021 (US$ Billion)
- 2.6. Impact of Covid 19
- 2.7. Attractive Investment Proposition by Geography, 2021
- 2.8. Competitive Analysis
- 2.8.1. Market Positioning of Key Food Emulsifiers Market Vendors
- 2.8.2. Strategies Adopted by Food Emulsifiers Market Vendors
- 2.8.3. Key Industry Strategies
3. Food Emulsifiers Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Food Emulsifiers Market Value, 2020 - 2030, (US$ Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Food Emulsifiers Market: By Type , 2020-2030, USD (Billion)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Mono-di-glycerides
- 4.3.2. Lecithin
- 4.3.3. Stearoyl Lactylates
- 4.3.4. Polyglycerol Ester
- 4.3.5. Others (polyglycerol polyricinoleate, propylene glycol esters, etc.)
5. Food Emulsifiers Market: By Source , 2020-2030, USD (Billion)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Plant Based
- 5.3.2. Animal Based
6. Food Emulsifiers Market: By Application , 2020-2030, USD (Billion)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Bakery Products
- 6.3.2. Dairy Products
- 6.3.3. Meat Products
- 6.3.4. Convenience Food Products
- 6.3.5. Confectionery Products
- 6.3.6. Others (Fats and Oils, Beverage base, Frozen Products, Extruded products, etc.)
7. North America Food Emulsifiers Market, 2020-2030, USD (Billion)
- 7.1. Market Overview
- 7.2. Food Emulsifiers Market: By Type , 2020-2030, USD (Billion)
- 7.3. Food Emulsifiers Market: By Source , 2020-2030, USD (Billion)
- 7.4. Food Emulsifiers Market: By Application , 2020-2030, USD (Billion)
- 7.5.Food Emulsifiers Market: By Region, 2020-2030, USD (Billion)
- 7.5.1.North America
- 7.5.1.1. U.S.
- 7.5.1.2. Canada
- 7.5.1.3. Rest of North America
- 7.5.1.North America
8. UK and European Union Food Emulsifiers Market, 2020-2030, USD (Billion)
- 8.1. Market Overview
- 8.2. Food Emulsifiers Market: By Type , 2020-2030, USD (Billion)
- 8.3. Food Emulsifiers Market: By Source , 2020-2030, USD (Billion)
- 8.4. Food Emulsifiers Market: By Application , 2020-2030, USD (Billion)
- 8.5.Food Emulsifiers Market: By Region, 2020-2030, USD (Billion)
- 8.5.1.UK and European Union
- 8.5.1.1. UK
- 8.5.1.2. Germany
- 8.5.1.3. Spain
- 8.5.1.4. Italy
- 8.5.1.5. France
- 8.5.1.6. Rest of Europe
- 8.5.1.UK and European Union
9. Asia Pacific Food Emulsifiers Market, 2020-2030, USD (Billion)
- 9.1. Market Overview
- 9.2. Food Emulsifiers Market: By Type , 2020-2030, USD (Billion)
- 9.3. Food Emulsifiers Market: By Source , 2020-2030, USD (Billion)
- 9.4. Food Emulsifiers Market: By Application , 2020-2030, USD (Billion)
- 9.5.Food Emulsifiers Market: By Region, 2020-2030, USD (Billion)
- 9.5.1.Asia Pacific
- 9.5.1.1. China
- 9.5.1.2. Japan
- 9.5.1.3. India
- 9.5.1.4. Australia
- 9.5.1.5. South Korea
- 9.5.1.6. Rest of Asia Pacific
- 9.5.1.Asia Pacific
10. Latin America Food Emulsifiers Market, 2020-2030, USD (Billion)
- 10.1. Market Overview
- 10.2. Food Emulsifiers Market: By Type , 2020-2030, USD (Billion)
- 10.3. Food Emulsifiers Market: By Source , 2020-2030, USD (Billion)
- 10.4. Food Emulsifiers Market: By Application, 2020-2030, USD (Billion)
- 10.5.Food Emulsifiers Market: By Region, 2020-2030, USD (Billion)
- 10.5.1.Latin America
- 10.5.1.1. Brazil
- 10.5.1.2. Mexico
- 10.5.1.3. Rest of Latin America
- 10.5.1.Latin America
11. Middle East and Africa Food Emulsifiers Market, 2020-2030, USD (Billion)
- 11.1. Market Overview
- 11.2. Food Emulsifiers Market: By Type , 2020-2030, USD (Billion)
- 11.3. Food Emulsifiers Market: By Source , 2020-2030, USD (Billion)
- 11.4. Food Emulsifiers Market: By Application , 2020-2030, USD (Billion)
- 11.5.Food Emulsifiers Market: By Region, 2020-2030, USD (Billion)
- 11.5.1.Middle East and Africa
- 11.5.1.1. GCC
- 11.5.1.2. Africa
- 11.5.1.3. Rest of Middle East and Africa
- 11.5.1.Middle East and Africa
12. Company Profile
- 12.1. Cargill, Incorporated
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. DuPont
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. Riken Vitamin Co., Ltd.
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. Kerry Inc.
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. Estelle Chemicals Pvt. Ltd.
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. Ingredion
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. Palsgaard
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. AAK Foods
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. ADM
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Lonza
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. Puratos
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives
- 12.12. Stepan Company
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Product Portfolio
- 12.12.4. Strategic Initiatives
- 12.13. DSM
- 12.13.1. Company Overview
- 12.13.2. Financial Performance
- 12.13.3. Product Portfolio
- 12.13.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Food Emulsifiers Market By Type , 2020-2030, USD (Billion)
- TABLE 2 Global Food Emulsifiers Market By Source , 2020-2030, USD (Billion)
- TABLE 3 Global Food Emulsifiers Market By Application , 2020-2030, USD (Billion)
- TABLE 4 North America Food Emulsifiers Market By Type , 2020-2030, USD (Billion)
- TABLE 5 North America Food Emulsifiers Market By Source , 2020-2030, USD (Billion)
- TABLE 6 North America Food Emulsifiers Market By Application , 2020-2030, USD (Billion)
- TABLE 7 UK and European Union Food Emulsifiers Market By Type , 2020-2030, USD (Billion)
- TABLE 8 UK and European Union Food Emulsifiers Market By Source , 2020-2030, USD (Billion)
- TABLE 9 UK and European Union Food Emulsifiers Market By Application , 2020-2030, USD (Billion)
- TABLE 10 Asia Pacific Food Emulsifiers Market By Type , 2020-2030, USD (Billion)
- TABLE 11 Asia Pacific Food Emulsifiers Market By Source , 2020-2030, USD (Billion)
- TABLE 12 Asia Pacific Food Emulsifiers Market By Application , 2020-2030, USD (Billion)
- TABLE 13 Latin America Food Emulsifiers Market By Type , 2020-2030, USD (Billion)
- TABLE 14 Latin America Food Emulsifiers Market By Source , 2020-2030, USD (Billion)
- TABLE 15 Latin America Food Emulsifiers Market By Application , 2020-2030, USD (Billion)
- TABLE 16 Middle East and Africa Food Emulsifiers Market By Type , 2020-2030, USD (Billion)
- TABLE 17 Middle East and Africa Food Emulsifiers Market By Source , 2020-2030, USD (Billion)
- TABLE 18 Middle East and Africa Food Emulsifiers Market By Application , 2020-2030, USD (Billion)
List of Figures
- FIG. 1 Global Food Emulsifiers Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Food Emulsifiers Market: Quality Assurance
- FIG. 5 Global Food Emulsifiers Market, By Type , 2021
- FIG. 6 Global Food Emulsifiers Market, By Source , 2021
- FIG. 7 Global Food Emulsifiers Market, By Application , 2021
- FIG. 8 Global Food Emulsifiers Market, By Geography, 2021
- FIG. 9 Global Food Emulsifiers Market, By Type , 2021 Vs 2030, %
- FIG. 10 Global Food Emulsifiers Market, By Source , 2021 Vs 2030, %
- FIG. 11 Global Food Emulsifiers Market, By Application , 2021 Vs 2030, %
- FIG. 12 U.S. Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 13 Canada Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 14 Rest of North America Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 15 UK Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 16 Germany Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 17 Spain Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 18 Italy Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 19 France Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 20 Rest of Europe Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 21 China Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 22 Japan Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 23 India Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 24 Australia Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 25 South Korea Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 26 Rest of Asia Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 27 Brazil Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 28 Mexico Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 29 Rest of Latin America Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 30 GCC Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 31 Africa Food Emulsifiers Market (US$ Billion), 2020 - 2030
- FIG. 32 Rest of Middle East and Africa Food Emulsifiers Market (US$ Billion), 2020 - 2030
