Evolution of Global Food Emulsifiers Market

Food emulsifiers are substances that stabilize an emulsion by increasing its kinetic stability. Emulsifiers have the ability to form an emulsion and interacting with other food ingredients. Examples of food emulsifiers include egg yolk, mustard, sodium phosphate, sodium stearoyl lactylate etc. Emulsifiers are an important part of cooking since ancient times from beeswax to margarine. The first and oldest known emulsifier was beeswax that was used in skin lotion by Greek physician Galen.

During the 19th century, the egg yolk first became an emulsifier used in food applications. The food industry started to use both natural and synthetic emulsifiers in the form of egg yolk, soybean oil, palm oil, sunflower oil etc. Emulsifiers are also being extensively utilized in dairy products such as cream cheese, ice cream to differentiate textures in candy products in addition to improve the shelf-life of many products such as peanut butter, sauces, bread, ice creams and other food products.

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Food Emulsifiers Market worth – An eagle’s eye view

The global food emulsifiers’ market worth was US$ 2.6 billion in 2016 is estimated to be growing at a CAGR of 5.6% and is expected to reach US $3.5 billion by the end of 2022. The growth of the food emulsifiers’ market size can be attributed to the growing requirement of nutritional foodstuffs, protein rich products and ready to eat snacks in the developing economies of the Asia-Pacific Region. The demand for packaged and convenience foods is one of the factor in the growth of the food emulsifiers market.

 In addition, the rising health awareness among the consumers for products that are free from fat is driving food manufacturers to use food emulsifiers. The new processing techniques and innovations in product development have also resulted in the growth of food emulsifiers’ market size. Food emulsifiers such as Di-Glycerides and Lecithin are most preferred food emulsifiers followed by Sorbian esters. Yeast raised and chemically leavened products are the most important segments. For example, in confectionery products such as chocolates, toffees etc emulsifiers are used to improve texture and reduce stickiness.

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According to food emulsifiers market analysis reports, bakery and confectionary industry along with diary producers are the major consumers of food emulsifiers. Dairy products accounted for 9.7% of the revenue share of the global emulsifiers market in 2015. Dairy products are one of the fastest growing segments that are expected to grow at the highest rate in 2017 to 2022. The rising consumption of dairy products in the developing economies including India, China and Brazil is expected to influence the industry growth of key diary processing additives including emulsifiers.

Segmentation of food emulsifiers market – A brief summary

The global food emulsifiers market is segmented according to the Type, Application and Source even though broadly they are divided into natural and synthetic food emulsifiers market. Under the above-mentioned three types of segmentation, there are further categories that are shown herein below in a tabulated format-

Type Application Source
Mono-Glycerides Bakery Plant & Animal
Di-Glycerides Confectionary  
Lecithin, Convenience & Dairy  
Sorbitan Esters Meat  
Stearoyl Lactylate    
Polyglycerol Esters    

 

Table: 1 – Segmentation of Food Emulsifiers Market

Region wise, Europe has the largest consumer base in the global food emulsifiers market with countries like United Kingdom, Germany, France and Spain. United Kingdom is the fastest growing market in this region. Europe is emerging as the innovation and research hub for food emulsifiers market with huge funds being invested by companies on research and development in food emulsifiers.

The North American food emulsifiers market is estimated to have market worth of US $670 million in 2016 that is expected to reach US $800 million by the end of 2022 with a CAGR of 3.4% during 2017 to 2022. The Asia-Pacific region is also emerging as one of the potential growth market taking up nearly 22% of the global food emulsifier market share.

The key players or companies dominating the food emulsifiers market include – Kerry Group Plc (Ireland), Lonza Group Ltd (Switzerland), Cargill (United States) and others. Finally, it can be said that food emulsifiers market would have an enormous growth in the coming decades due to innovations and research in the field of food emulsifiers.

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