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Feb 05, 2021 (Market Insight Reports) —
Selbyville, Delaware According to the research report titled ‘Asia Pacific Food Emulsifiers Market Size By Product, Application, Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, Asia Pacific food emulsifiers market is projected to reach USD 1 billion by the year 2026.
Increasing per capita income of individuals, and rising consumer inclination towards naturally derived foods are the major factors propelling the growth of Asia Pacific food emulsifiers market. Moreover, rising applications of emulsifiers in processed meat and fish and beverages, bakery and confectionary products are accelerating the industry growth, cites the study.
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Growing health consciousness among people in emerging nations like Japan, China and India further fuel the market growth. Additionally, increasing efforts by major companies to formulate food additives with better taste masking, protection, controlled release, and targeted delivery for use in beverages is likely to boost the product demand. Besides, escalating demand for healthy drinks and juices wherein emulsifiers are required for uniform mixing of juice and water is positively influencing Asia Pacific food emulsifiers industry outlook.
With regards to the product terrain, mono di glycerides & derivatives segment held majority of Asia Pacific food emulsifiers industry share, accounting for USD 308.3 million in 2019. Increasing applications of Mono Di Glycerides & Derivatives in cakes, bakery products owing to their property to aerate dough is driving the product demand.
Meanwhile, stearoyl lactylates segment in Asia Pacific food emulsifiers industry is witnessing huge demand from bakery and confectionaries due to their rising usage as dough strengtheners and conditioners in breads. Moreover, sorbitan esters segment is expected to grow substantially on account of their application for aeration in cakes and icings.
Major players influencing Asia Pacific food emulsifiers market trends are Archer Daniels Midland Company, Cargill Incorporated, Ingredion Incorporated, Lonza Group AG, Corbion N.V., Palsgaard A/S, Kerry Group Plc, Riken Vitamin Co., Ltd., Koninklijke DSM N.V., Sinofi, Global Specialty Ingredients Sdn. Bhd., Givaudan S.A., DuPont de Nemours, Inc., and Tate & Lyle plc.
Question & Answer: Asia Pacific food emulsifiers Market
Question 1: What are the key factors driving the growth of Asia Pacific food emulsifiers market?
Answer: Increasing per capita income of individuals and rising consumer inclination towards naturally derived foods are the key factors driving the growth of Asia Pacific food emulsifiers market.
Question 2: Why is Asia Pacific food emulsifiers market from Mono Di Glycerides product segment witnessing constant expansion??
Answer: Increasing applications of mono di glycerides & derivatives in cakes, bakery products owing to their property to aerate dough is driving the segmental growth.
Question 3: Which companies formulate the competitive landscape of Asia Pacific food emulsifiers market?
Answer: Archer Daniels Midland Company, Cargill Incorporated, Ingredion Incorporated, Lonza Group AG, Corbion N.V., Palsgaard A/S, Kerry Group Plc, Riken Vitamin Co., Ltd., Koninklijke DSM N.V., Sinofi , Global Specialty Ingredients Sdn. Bhd., Givaudan SA, DuPont de Nemours, Inc., and Tate & Lyle plc. are the major companies in Asia Pacific food emulsifiers market.
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The MarketWatch News Department was not involved in the creation of this content.