Demand for emulsifiers is likely to witness steady growth on account of their wide ranging applications in the food and beverage industry
Albany, NY -- (SBWIRE) -- 07/18/2018 -- A new detailed study titled "Global Market Study on Emulsifiers: Food & Beverage Application to Witness Significant Growth During 2017 – 2024" has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the business intelligence study, the global emulsifiers market is likely to reach nearly US$ 6 Bn in revenues by the end of 2024.
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The business intelligence study offers detailed insights on the key factors that are driving the growth of the emulsifiers market. According to the research study, demand for emulsifiers is likely to witness steady growth on account of their wide ranging applications in the food and beverage industry. Demand is likely to grow on account of increasing applications in the confectionary industry.
The key trends shaping the demand for emulsifiers include growing preference for organic and natural emulsifiers, on account of rising awareness among end-users. It is highly likely that demand for organic and natural emulsifiers will witness an increase, and leading companies will turn their production to these areas to consolidate their position.
The report segments the global study on emulsifiers market into application market, product type market and region market. The application segment is further divided into food and beverages, pharmaceuticals, industrial, personal care and others. The food and beverages segment is further divided into meat and poultry, dairy and frozen products, meat and poultry, beverages, sauces and dressings and others.
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The product segment is further sub-segmented into lactic esters of fatty acids, mono & di-glycerides of fatty acid, polysorbates, polyglycerol polyricinoleate, lecithin, esters of monoglycerides of fatty acid, polyglycerol esters and others. The lactic esters of fatty acids are categorized into sodium behenoyl lactylate, sodium lauroyl lactylate, sodium stearoyl lactylate and sodium lauroyl lactylate.
Geographically, the market is divided into key regions globally which are Europe, North America, APAC, Latin America and Middle East & Africa. According to the research study, North America is likely to account for a significant share of the market in addition to APAC. The presence of a large number of chocolate and confectionary manufacturing companies in the region is likely to provide an impetus to market growth.
The report profiles some of the leading players operating in the market. Some of these players are The Lubrizol Corporation, Kerry Group, The Dow Chemical Company, BASF SE, Stepan Company., Cargill Incorporation., Puratos Group., DSM Nutritional Products, Palsgaard A/S and Spartan Chemical Company, Inc.
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