April 08, 2020
As per the report titled ‘Food Emulsifiers Market Size By product, By Application, Regional Outlook Price Trend, Application Development, Competitive Landscape & Forecast, 2019- 2025’, available with Market Study Report, the global food emulsifiers market is projected to cross USD 4 billion by the year 2025.
Favorable hydrophilic and lipophilic properties of food emulsifiers aid in forming a mixture of oil & water while stabilizing an emulsion, which is increasing the product demand for various applications. Increasing use of mayonnaise in various food products such as burgers, salads, pizza, and rolls will boost the growth of food emulsifiers market in the coming years.
However, health issues associated with food emulsifiers such as gut problems, obesity, metabolic syndrome, and bowel diseases may hamper the market growth during the forecast period.
Based on the product, lecithin segment is expected to witness a substantial growth over the forecast timeline, owing to its application in manufacturing bakery products, margarine, salad dressings, and confectionary goods. Beneficial characteristics lecithin including preventing food ingredients from separating out and non-toxic nature are supporting the segment growth.
Mono, Di-Glycerides & derivatives segment is projected to witness a growth of over 5.5% through 2025. These emulsifiers are used in margarines and baked goods, owing to their fat dispersion, aeration, and emulsion stabilization properties. Increasing demand for margarine as an alternative to butter on account of prevalence of lifestyle diseases is driving segmental share.
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Speaking of the application scope, food emulsifiers market size from bakery & confectionary application is presumed to see a 5.5% growth over 2019-2025, owing to extensive use of emulsifiers for manufacturing bakery goods such as cakes, cookies, and bread. Rising preference for cookies and bread due to changing consumer lifestyle and growing inclination towards convenience foods are further enhancing the segment growth.
Considering the geographical outlook, food & nutrition application segment of India food emulsifiers market is expected to account for USD 25 million by the year 2025. The growth can be affixed to increasing use of food emulsifiers in smoothies and breakfast cereals. Surging health conscious population in tandem with growing awareness regarding the health benefits of grain-based breakfast will augment the regional outlook in the coming years.
U.S. food emulsifiers industry from beverage application projected to surpass USD 120 million by 2025, owing to increasing product demand for manufacturing soft drinks. The presence of major players including Pepsico and Coca Cola Company is another factor supporting the U.S. market size.
Major players of food emulsifiers market are Cargill, Palsgaard, Mitsubishi Chemical Corporation, Abitec Corp, Riken Vitamin, Lonza Group, and BASF among others.