About Plant-sourced Food Emulsifier
Food emulsifier forms a boundary between immiscible liquids such as water and oil and creates stable emulsion. Ice-cream, margarine, salad dressings, bread, and desserts are some common examples of food that contain emulsifiers. Food emulsifiers can control crystallization, reduce stickiness, and prevent separation of ingredients. According to the European Union, brominated vegetable oil (BVO), one of the food additives that act as an emulsifier, is banned in Europe, as it can cause damage to the nervous system, skin cancer, and other problems related to memory loss.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 4.7% |
Plant-sourced Food Emulsifier is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Plant-sourced Food Emulsifier market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lonza Group Ltd. (Switzerland), Palsgaard A/S (United States), Riken Vitamin Co. Ltd. (Japan), Beldem S.A. (Belgium), Archer Daniels Midland Company (United States), E. I. du Pont de Nemours and Company (United States), Cargill (United States), Kerry Group Plc. (Ireland), Ingredion Incorporated (United States), Corbion NV (The Netherlands) and ADM (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pfizer (United States), Novartis (Switzerland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Plant-sourced Food Emulsifier market by Type (Mono and di-glycerides & its derivatives, Lecithin, Sorbitan esters, Stearoyl lactylates, Polyglycerol esters and Others), Application (Bakery products, Confectionery, Convenience foods, Dairy products, Meat products and Others) and Region.
On the basis of geography, the market of Plant-sourced Food Emulsifier has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Product, the sub-segment i.e. Ice-cream will boost the Plant-sourced Food Emulsifier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The increasing number of people adopting veganism and The Bakery products application segment is expected to witness significant growth
Market Growth Drivers:
Increase in the consumption of convenience foods and premium products and The growing number of end-use applications due to multifunctional attributes of emulsifiers
Challenges:
Health problems associated with the consumption of emulsifiers
Restraints:
The stringent government regulations related to food emulsifiers are negatively impacting the growth
Opportunities:
Product innovations leading to better stabilization properties and lower costs
Market Leaders and their expansionary development strategies
In September 2019, AAK a provider of vegetable oils & fats acquired Soya International (Europe) Ltd., a company involved in sourcing, processing, and distribution of non-GMO semi-specialty and specialty lecithins which are commonly used as emulsifiers.
In May 2019, Fiberstar, a food ingredient manufacturer launched plant-based fiber products including Citri-Fi 100, 125, and 150. These products are derived from citrus fruit and find application in pet food to enhance product texture, increase water holding, and emulsification properties.
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.