The new report by Expert Market Research titled, ‘Asia Pacific Food Emulsifiers Market Size, Share, Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the Asia Pacific food emulsifiers market, assessing the market based on its segments like type, product, application, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 6%
Asia pacific is estimated to invigorate the food emulsifiers market as the region’s demand for processed, packaged and frozen food is continuously increasing. With exponentially increasing population and rapid urbanization, the demand is expected to rise in the future as well, therefore, aiding the food emulsifiers market. Additionally, the likeability for processed and frozen food is spreading with rising number of working youth and hectic schedules. Food emulsifiers market will also benefit from the expanding retail markets. Rapidly increasing retail markets have complemented the sales of processed food, in turn increasing the demand for food emulsifiers and are expected to grow in the forecast period.
Industry Definition and Major Segments
A food emulsifier, or an emulgent, is a natural or synthetic surface-active agent that allows two immiscible liquids to exist as an emulsion. Therefore, immiscible liquids such as oil and water are able to blend into stable emulsions. Food emulsifiers are synthesised by esterification of edible fatty acids which are sourced from plants or animals.
Based on type, the market is divided into:
Depending upon the product, the market is segmented into:
- Sorbitan Esters
- Steroyl Lactates
The applications are involved in:
- Dairy and Frozen Products
- Bakery and Confectionery
- Meat, Poultry, and Seafood
- Oils and Fats
The regions of the market include:
Busy lifestyles of working individuals have led their inclination for processed or frozen food which offers convenience and saves time. Food emulsifiers are used in these products to enhance the appearance, texture and taste of the food and are witnessing growth consequently. In addition, food emulsifiers are also used to increase the thickness and improve the texture in freshly made foods which also increases their demand further. The admirability for baked goods also drives its market as it helps in providing an aerated texture. Moreover, its property of increasing the shelf life longer strengthens demand and is expected to push it forward in the forecast period.
Key Market Players
The major players in the market are Ingredion Incorporated, Riken Vitamin Co., Ltd., Guangzhou Masson Science & Technology Industrial Co., Ltd., Zhengzhou Dahe Food S&T Co., Ltd, Taiyo Kagaku Co. Ltd, Estelle Chemicals Pvt. Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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