Global Food Emulsifier Market to be Worth US$4.3 bn by 2021
Albany, NY -- (SBWIRE) -- 12/27/2017 -- A new report published by Transparency Market Research (TMR) presents an in-depth insight into the global ceramic tiles market. The report, titled "Food Emulsifier Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021", is available for sale on the company's website. According to the market research report, the global food emulsifier market was worth US$3.2 bn in 2014 and is expected to be worth US$4.3 bn by 2021, growing at a whopping CAGR of 4.0% from 2014 to 2021. This sturdy growth will be supported by the insatiable need for convenient and packaged food across the globe.
The global food emulsifier market has been growing at an exceptional rate due to the growing demand for packaged food options. The increasing number of health-conscious consumers is also driving this market thanks to their demand for low-fat food. In addition to this, the global food emulsifier market has also been witnessing a substantial demand from the bakery and confectionery sector. As the demand for bakery products is increasing, this sector is expected to contribute considerably to the growth of the global food emulsifier market.
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Innovations and improvements in the global food emulsifier market are also expected to make positive changes in the global food emulsifier market.The global food emulsifier market has been segmented on the basis of products, applications, and geography. The products in the global food emulsifier market are lecithin, stearoyl lactylatess,mono di-glycerides and derivatives, and sorbitan esters. Application of food emulsifiers is seen in industries such as convenience foods, dairy products, bakery and confectionary, meat products, and others. Geographically, the global food emulsifier market spread over regions such as Asia Pacific, Europe, North America, and Rest of the World.
The expert industry analysts state that the mono, di-glycerides, and derivatives segment held the lion's share in the global food emulsifier market as of 2014. This segment is expected to continue its dominance in the forecast period owing to growing demand for convenience and packed food. In terms of geography, Asia Pacific held a market share of 34.4% in the global food emulsifier market, becoming the largest regional segment. Europe was the second largest region in 2014, with a sizeable market share of 28.6%. As the regions continue to demand food with low fat content, this growth trend will continue in the forecast period.
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The report provides a clear overview of the market's competitive landscape by profiling some of the important players in the global food emulsifier market. It also provides their financial status, investment overview, and research and development plans for the coming years. The key players in the global food emulsifier market are CP Kelco U.S., Inc., Sensient Technologies Corporation, Cargill Inc, Ajinomoto Co., Archer-Daniels-Midlands Company, Associated British Foods Plc., DSM Nutritional Products AG, BASF, Chr. Hansen Holding A/S and Givaudan SA.