Food Emulsifiers Market To Reach US$3.55 Billion

  • Wednesday, 19 April 2017 00:00
  • Published in Business News
  • Read 923 times

The food emulsifiers market is projected to grow at a CAGR of 5.5 percent from 2017, according to market research by Report Buyer.

The market is expected to reach US$3.55 billion by 2022. The demand for food emulsifiers is predicted to rise, due to factors such as increase in demand of convenience food, rising consumption of premium products, and the growing demand for natural sources of ingredients. This created a platform for newer applications of food emulsifiers and consumer’s rising awareness of emulsifiers.

The Asia-Pacific region is forecast to be the fastest-growing region in the global food emulsifiers market in 2017. This region comprises developing economies such as China, Japan, and India, which are the largest consumers of emulsifiers globally.

The increase in population and income in India and China, alongside increased preference for sweet and savoury products are expected to drive the demand from end-use segments such as bakery products and convenience foods. The Indian food emulsifiers market is expected to increase the highest in Asia-Pacific.

Increased consumption of premium products and consumers leaning towards convenience food are factors driving the food emulsifiers market. Additionally, the dairy industry presents potential to emulsifier manufacturers due to the availability of options for processing various dairy products, either artificially by machines or through biological functions.

The dairy products segment is projected to grow at a high rate between 2017 and 2022. Emulsifiers contain functional properties, and this is essential in the formation of dairy products—such as milk shakes, ice creams, whipped creams & desserts, and other milk products. Competition from substitutes such as enzymes and lack of awareness in consumers are major pullbacks for the food emulsifiers market.

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Asia Pacific Food Industry (APFI) is Asia’s leading trade magazine for the food and beverage industry. Established in 1985, APFI is the first BPA-audited magazine and the publication of choice for professionals throughout the industry with its editorial coverage on the latest research, innovative technologies, health and nutrition trends, and market reports.

Asia Pacific Food Industry is published by Eastern Trade Media Pte Ltd. The company owns numerous trade and consumer titles, including Asia Pacific Metalworking Equipment News and Industrial Automation Asia.

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