Fast Market Research announces the availability of the new Markets and Markets report, "Sucrose Esters Market - Global Trends & Forecast to 2020", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 02/25/2016 -- Sucrose Esters Market by Application (Food, Detergents & Cleaners, and Personal Care), Form (Powder, Liquid, and Pellet), & by Region (North America, Europe, Asia-Pacific, Latin America, and Rest of the World) - Global Trends & Forecast to 2020
"Sucrose esters market projected to grow at a CAGR of 6.0%"
The sucrose esters market is projected to reach a value of USD 74.6 million by 2020, growing at a CAGR of 6.0% from 2015. Increasing health concerns among the calorie-conscious population have increased the demand for healthier, low-calorie foods. The application of modern food processing techniques is driving the expansion of sucrose esters production and new product developments in diverse segments, such as dairy, bakery, confectionery, personal care, pharmaceuticals, and agrochemicals.
"Food application accounted for the largest market share in 2014"
Get More Details on this Report and a Full Table of Contents at Sucrose Esters Market - Global Trends & Forecast to 2020
Among the applications of sucrose esters such as food, detergents & cleaners, personal care, and others, food application accounted for the largest market share in 2014, followed by personal care and detergents & cleaners. The sucrose esters industry is buyer-oriented and exhibits potential substantial progress due to the positive growth in sectors such as the processed food & beverages industry, the personal care industry, and the detergents & cleansers industry, which have witnessed continuous variations with regard to technological up-gradation and favorable economic factors.
"Europe dominated the market with the largest share"
Europe formed the largest market for sucrose esters in 2014, while North America is projected to account for the second-largest market in 2015, in terms of value. The Asia-Pacific region is projected to be the fastest-growing market for sucrose esters, at the highest CAGR from 2015 to 2020. The global sucrose esters market is segmented region-wise, with detailed analyses of each region, with the study of the key markets. These regions include North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). Sucrose esters have become immensely popular with manufacturers of bakery, confectionery, dairy, cereals, and various other processed food & beverage products in the developing regions of Asia-Pacific and Latin America, not because of their emulsification properties, but because of their ability to replace fat or act as low-fat alternatives.
Breakdown of profile of primary participants
-By Company Type: Tier 1 - 50%, Tier 2 - 20%, and Tier 3 - 30%
-By Designation: C level - 28%, Director level - 22%, Others - 50%
-By Region: North America - 40%, Europe - 20%, APAC - 30%, RoW - 10%
Leading players include BASF SE (Germany), Evonik Industries AG (Germany), P&G Chemicals (U.S.), Croda International Plc (U.K.), Mitsubishi Chemical Holdings Corporation (Japan), Sisterna B.V. (The Netherlands), Alfa Chemicals Ltd (U.K.), Dai-Ichi Kogyo (Japan), FELDA IFFCO SDN BHD (Malaysia), and World Chem Industries (India).
Reasons to buy this report:
-To get a comprehensive overview of the global sucrose esters market
-To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
-To gain insights of the major countries/regions in which the sucrose esters market is flourishing
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Food research reports at Fast Market Research
You may also be interested in these related reports:
-Release Agents Market - Global Trends & Forecast to 2020
-Food Emulsifiers Market - Global Trend & Forecast to 2020
-Cheese Ingredients Market - Global Trends & Forecast to 2020
-Packaged Food in Hungary
-Prebiotics Ingredients Market - Global Trends & Forecast to 2020