Global food emulsifiers market is projected to grow at a CAGR of 4.54% during the forecast period (2021-2026).
The COVID-19 pandemic has placed unprecedented stresses on food supply chains, with bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. Food supply chains have demonstrated remarkable resilience in the face of these stresses. COVID-19 had opted the manufacturers to look for high-quality ingredients and products for the consumers. Consumers are ready to pay a higher amount given the high quality of the product. This has resulted in manufacturers focusing more on maintaining a strong relationship with the value chain stakeholders.
The pandemic period has seen a lot of food stockpiling of food done by common people. The food stocks, along with the regular consumables, also included a lot of bakery goods like bread, biscuits, etc., which in turn led to increasing in demand for emulsifiers by the baking organizations. This is a critical factor boosting the adoption of emulsifiers and co-emulsifiers during the crisis period. However, disruptions in supply chains in terms of raw materials will hamper market developments in the short term.
The demand for emulsifiers is increasing worldwide, owing to their versatile applications. For example, sustainably-sourced emulsifiers are used in food packaging. Moreover, new, innovative emulsifiers with enhanced functionalities are being developed to render added properties to beverages. The beverage sector is one of the largest ones globally.
Soy lecithin, monoglycerides and diglycerides, polysorbates, and sorbitan monostearate are some of the most commonly used specialty food emulsifiers. These have various functional properties, such as protein strengthening, starch complexing, and aerating.
Bakery products, such as bread, make up a major part of the European diet. Thus, the increasing demand for dough strengthening and softening emulsifiers is propelling the usage of bakery emulsifiers, such as lecithin. The market witnesses a good level of demand from the confectionery, dairy, and meat products markets as well.
Key Market Trends
Growing Demand for Specialty Food Ingredients in Various Applications
Speciality ingredients, such as preservatives, starch, sweeteners, flavours, emulsifiers, enzymes, cultures, and texturants, record a wide range of applications in the food and beverage industry. Preservatives help in slowing down the product spoilage, especially in dairy and bakery applications caused by mold, air, bacteria, fungi, or yeast. In addition to maintaining the quality of the food, they also help control contamination. With the rise in demand for functional food, companies are coming up with fortified ingredients enriched with protein and amino acids and omega-3 fatty acids in milk-based products, juices, spreads, salad dressings, sauces, breakfast cereals, baked goods, sauces, infant formulas, and baby foods. With robust demand for speciality ingredients with an improved nutrient profile in various applications, like dairy, bakery, sauces, dressings, and condiments. The market for additives, such as emulsifiers, is expected to grow rapidly, due to the increasing use of ingredients, like soy, lecithin, etc.
Europe is Expected to Dominate the Global Food Emulsifiers Market
The European Union has always been very stringent with the food laws. Associations, such as the European Food Emulsifier Manufacturers Association (EFEMA), were formed to support and promote the use of emulsifiers produced for the European food industry. The food and beverage sector in the region accounts for the considerable market share of the dairy and meat industry, hence portraying the potential market for food emulsifiers by the application in respective segments. Observing the excellent performance of this industry, manufacturers are focusing on developing the benchmark product in the range of food emulsifiers for increasing productivity and their respective shelf life.
The key players in the market studied include IFF, Cargill Inc., Archer Daniels Midland Company, Corbion NV, Riken Vitamin Co. Ltd, Lonza Group AG, BASF SE,Ingredion Incorporated, ADM, Stepan Co. and Kerry Group, along with many private and domestic players operating in the regional and country-level markets. In order to increase their market shares, companies are focusing on developing new and innovative products, by targeting the new formulation for food emulsifiers. Moreover, companies are focusing on increasing production capacities of their existing plants, while investing in R&D activities. Thus, the market studied is expected to witness numerous product launches during the forecast period.
The market estimate (ME) sheet in Excel format 3 months of analyst support
Our reports have been used by over 10K customers, including:
The global specialty food ingredients market is projected to grow at a CAGR of 5.30% during the forecast period (2021-2026). The COVID-19 pandemic was seen disrupting the market growth, in the initial few months of lockdowns, where even with the rising demand for specialty ingredients, key players and organizations across the globe...
The functional food ingredients market is estimated at USD 98.9 billion in 2021 and is projected to grow at a CAGR of 6.8% to reach USD 137.1 billion by 2026. The growth in the functional food ingredients market is attributed to the growing health awareness among consumers, leading to an increase in the adoption of healthier diets. Food safety...
31 pages •
By Euromonitor International
• May 2021
Competition in the ingredients industry intensifies around the latest consumer-led trends with plant-based, clean label and functional food being at the forefront. In that context, Kerry heavily invests in enhancing its capabilities through either acquisitions or developing its existing facilities to better respond to these trends which have...
The global functional proteins market was valued at US$ 10,297.91 million in 2019 and is projected to reach US$ 17,767.48 million by 2027; it is expected to grow at a CAGR of 7.2% from 2020 to 2027. Consumers are more inclined toward wellness, health, and nutrition content.Food industry is continuously introducing new products considering...
The global soy protein ingredients market was valued at USD 8,144.29 million in 2020 and is projected to grow at a CAGR of 2.61% during the forecast period (2021 - 2026). COVID-19 heightened awareness around the impact of meat on the environment and health and encouraged more people to find alternatives to the animal-based food supply...
The North American food antimicrobial and antioxidants market was valued at USD 697.83 million in 2020, and it is projected to reach a CAGR of 4.92% during the forecast period of 2021-2026. The COVID-19 pandemic created opportunities for many private players to emerge in the markets to cater to the inflated demand for food products,...
Executive Summary Global Specialty Food Ingredients Market was valued at USD 47642.38 million in the year 2019. Rising number of buyers demanding plant-based meat product either for clinical reasons or for practicing healthy lifestyle are impelling market growth. Also, the manufacturers making continuous efforts in research...
The global food antioxidants market size is estimated to be valued USD 1.3 billion in 2020 and is expected to reach a value of USD 1.8 billion by 2025, growing at a CAGR of 6.0% during the forecast period. It is estimated to account for 52.4 KT in 2020 and is projected to account for 68.1 KT in 2025, growing at a CAGR of 5.4% during the forecast...
The global specialty food ingredientsize is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR 5.8%. Factors such as the growing concern of clean label food and healthy consumption is going to drive the market for specialty food ingredients. • By type, the functional food...
Global food additives market is projected to witness a CAGR of 4.93% during the forecast period (2020 - 2025). - Multifunctionality of additives from structuring food and beverage to enhancing nutrition profile and even flavour to an extent is raising its desirability among food companies and is thus increase the growth of the market...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.