Market Overview:
Sucrose esters are fatty acids, commonly known as sucrose esters, and it belongs to sucrose oligo ester's unique group of emulsifiers. These are obtained by esterifying sucrose with methyl fatty acids. In addition to emulsification, sucrose esters have other functions including aeration, texturization, protein protection, and fat or sugar crystallization. Sucrose esters are unique in a way that they can boost other emulsifiers and improve the air bubble structure, prevent proteins from browning, keep starches from early staling, prevent fat bloom in chocolate, and accelerate crystallization in fine-grained sugar confectionery. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on the fastest-growing verticals for the bakery industry.
Asia Pacific is projected to be the fastest-growing market, expanding at a CAGR of
% from 2021 to 2027.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF (Germany), Evonik Industries (Germany), P&G Chemicals (United States), Croda International (United Kingdom), Mitsubishi Chemicals (Japan), Sisterna (Netherlands), Stearinerie Dubois (France), Dai-Ichi Kogyo Seiyaku (Japan), Alfa Chemicals (United Kingdom), FELDA IFFCO (United States), World Chem Industries (India), Compass Foods (Singapore) and Zhejiang Synose Tech (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Sucrose Esters Market Study:
BASF (Germany), Evonik Industries (Germany), P&G Chemicals (United States), Croda International (United Kingdom), Mitsubishi Chemicals (Japan), Sisterna (Netherlands), Stearinerie Dubois (France), Dai-Ichi Kogyo Seiyaku (Japan), Alfa Chemicals (United Kingdom), FELDA IFFCO (United States), World Chem Industries (India), Compass Foods (Singapore) and Zhejiang Synose Tech (China)
Sucrose Esters Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Food {Dairy & Desserts products, Confectioneries, Bakery products, Beverages, Soups & sauces, Meat products, Cereals and Other}, Personal care products {Cosmetics and Other}, Detergents & cleansers and Other |
Function | Protein & starch interaction,Antimicrobial property,Controlled sugar crystallization,Emulsification,Aeration |
Classifications | Mono- esters,Di- esters,Tri- esters,Tetra-esters,Penta-esters,Hexa-esters,Hepta-esters,Octa-esters |
Form | Powder,Liquid,Pellet |
Sucrose Esters Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Rising Spending on Ready-To-Eat Products in the Emerging Countries
- Increasing Applications of Sucrose Esters in Various Products-Such As Confectionaries, Bakery, Dairy Products, and Others
|
Influencing Trends | - Value Oriented Customers
- Upsurge Demand from Asia-Pacific Regions
|
Restraints | - High Cost associated with Sucrose Esters
|
Road Blocks / Challenges | - Stiff Competition among Major Players.
- Stringent Government Rules and Regulations
|
Gaps & Opportunities | - Customer Preference for Dairy Alternatives
- Production of Sustainable Green Eco-Friendly Surfactants Products
|
.
Latest Industry Highlights:
In October 2019, Evonik Industries (Germany) launched a Tego SP 13 Sun Up in its sucrose esters product portfolio which is beneficial for sun protection, that is water-resistant in nature and can withstand sweating from physical exercise including water sports.
In March 2022, BASF signed an agreement to secure land for its future cathode active materials and recycling site in Bécancour, Quebec, Canada, as part of its commitment to support North American producers in their transition to e-mobility. A regional supply chain is critical to ensure reliable and resilient battery materials supply.
“According to the Food & Drugs administration Regulations, Sucrose oligoesters consist of mixtures of sucrose fatty acid esters with an average degree of esterification ranging from four to seven. It is produced by interesterification of sucrose with methyl esters of fatty acids derived from edible fats and oils (including hydrogenated fats and oils). The only solvents which may be used in the preparation of sucrose oligoesters are dimethyl sulfoxide, isobutyl alcohol, and those solvents generally recognized as safe in food."
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sucrose Esters market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Sucrose Esters market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sucrose Esters Manufacturers, End-Use Market Participants of Different Segments of Sucrose Esters, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.