January 18, 2021
According to the research report titled ‘Global Food Emulsifiers Market Size study with COVID-19 Impact, by Type (Mono & di-glycerides and their derivatives, Lechithin, Sorbitan Esters, Polyglycerol Esters, Stearoyl lactylates and Others), by Source (Plant source and Animal source), by Application (Bakery products, Dairy & frozen dessert, Confectionery products, Convenience foods, Meat products and Others), by Function (Emulsification, Starch complexing, Protein interaction, Aeration and stabilization, Crystal modification, Oil structuring and Lubrication and processing aids) and Regional Forecasts 2020-2027’, available with Market Study Report, global food emulsifiers market was remunerated at USD 3.1 billion in 2019 and is expected to grow with a CAGR of 4.7% during 2020-2027.
Growing number of end use applications facilitated by multifunctional attributes, increasing intake of convenience foods and premium products, along with customer readiness to pay high amount for good quality food & beverages are stimulating the growth of global food emulsifiers market.
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Notably, food emulsifiers aid in stabilizing emulsions and bring smoothness in food & beverage production. They offer elasticity, enhance quality, and are used in production of spaghetti, macaroni, fresh noodles, and instant noodles.
Increasing advancements and other planned alliances by leading organizations is further contributing to the industry valuation. Citing an instance, DuPont Nutrition & Health introduced Dimodan HP 90-M, a monoglyceride emulsifier in August 2018, which is used in various applications such as production of whipping gels, non-dairy creamers, and margarine. Dimodan HP 90-M manufactured from sustainable palm oil and is a naturally sourced beaded monoglyceride.
Despite the favorable business scenario, extra costs associated with emulsifiers extracted from natural resources and limited extraction are anticipated to hamper the remuneration scale of the industry over the forecast timespan. Moreover, worldwide food emulsifiers industry expansion is negatively impacted by widespread of COVID-19 infection, owing to temporary shutdown of manufacturing sectors.
Speaking of the geographical ambit, Asia Pacific food emulsifiers industry is projected to accrue notable gains over 2020-2027, on account of increasing adoption of food emulsifiers and other food processing ingredients in food & beverage sector.
Major players operating in global food emulsifiers market sphere are Riken Vitamin Co. Ltd., Kerry Group Plc, Lonza Group Ltd., Palsgaard A/S, Tate & Lyle Plc, Corbion N.V., Ingredion Incorporated, DuPont de Nemours Inc., Cargill Inc., and Archer Daniels Midland Company.