Asia-Pacific food emulsifier market is projected to register a CAGR of 6.7% during the forecast period (2020-2025).
Key Market Trends
Increasing Penetration in the Organized Retail Sector Fueling Market Growth
The expanding processed food market and penetration of the organized retail sector are the major factors driving the emulsifier market in Asian countries. The need to ensure safety and quality of food, transportation from farm to fork, and storage are of major concern. To meet this demand, food emulsifiers are used. Further, increasing population and rising disposable income of the middle class consumers create a subsequent demand for food, and in turn, for emulsifiers.
India and China Dominate the Market in the Region
The emulsifiers find wide range of applications in the dairy and bakery and confectionery industries. The demand for natural and nutraceutical products further drives the use of emulsifiers in varied food applications. Additionally, the developing markets of Asia-Pacific, most importantly India and China, account for a higher growth rate, because of the increasing population and changing food habits. Also, the Australian food emulsifier market is expected to register a significant market growth during the forecast period.
Competitive Landscape
The Asia-Pacific food emulsifier market is moderately fragmented with top global and regional players competing with local players. Some of the major players in the Asia-pacific food emulsifier market are Dupont, Cargill Incorporated, Archer Daniels Midland, Ingredion Incorporated, Kerry Group, among others.
Reasons to Purchase this report:
- In Asian countries, like India and China, with greater disposable incomes and busy lifestyles, the demand for packaged, processed, and ready-to-eat foods is increasing, which is boosting the food emulsifier market in the region.
- Food emulsifier manufacturers are seeing an increased demand from food manufacturers, to preserve the freshness, safety, taste, appearance, and texture of processed foods.
Key Market Trends
Increasing Penetration in the Organized Retail Sector Fueling Market Growth
The expanding processed food market and penetration of the organized retail sector are the major factors driving the emulsifier market in Asian countries. The need to ensure safety and quality of food, transportation from farm to fork, and storage are of major concern. To meet this demand, food emulsifiers are used. Further, increasing population and rising disposable income of the middle class consumers create a subsequent demand for food, and in turn, for emulsifiers.
India and China Dominate the Market in the Region
The emulsifiers find wide range of applications in the dairy and bakery and confectionery industries. The demand for natural and nutraceutical products further drives the use of emulsifiers in varied food applications. Additionally, the developing markets of Asia-Pacific, most importantly India and China, account for a higher growth rate, because of the increasing population and changing food habits. Also, the Australian food emulsifier market is expected to register a significant market growth during the forecast period.
Competitive Landscape
The Asia-Pacific food emulsifier market is moderately fragmented with top global and regional players competing with local players. Some of the major players in the Asia-pacific food emulsifier market are Dupont, Cargill Incorporated, Archer Daniels Midland, Ingredion Incorporated, Kerry Group, among others.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned
A selection of companies mentioned in this report includes:
- DuPont de Nemours Inc.
- Cargill Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Kerry Group
- BASF SE
- Stepan Company
- DSM Nutritional Products
Methodology
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