The United Kingdom food emulsifier market is projected to grow at a CAGR of 4.16% during the forecast period (2020 - 2025).
Key Market Trends
Lecithin Remains the Fastest Growing Emulsifier Type
The consumption of plant-based emulsifiers is expected to grow with the rising veganism in the country. The United Kingdom accounts for more than 3.5 million vegans to address, for which the manufacturers are shifting toward the plant-based emulsifiers, such as soy lecithin. The demand for organic and sunflower lecithin has witnessed an uptick where the largest application segment includes confectioneries. Furthermore, the demand is also assisted by the product properties being natural, safe, allergen-free, and an alternative to soy-based products.
Bakery Drives the Emulsifier Market
The European market is at its peak since its consumption of bread and baked products is comparatively high, as compared to any other region across the globe. The bakery market in the United Kingdom is more open toward innovation and has been responding positively to consumer demand over the past few years. Consumers seeking out healthier alternatives are aligning manufacturers to improvise added benefits with every product, which also facilitates the new launches under the “free-from” banner. The rising consumer interest in devouring gluten-free products across the region on account of the prevailing diet problems is likely to address the shift of emulsifiers towards gluten-free bakery rather than a bakery in general.
Competitive Landscape
The United Kingdom food emulsifier market is highly fragmented with the presence of numerous players in the market. The major players in the market are Cargill, Tate & Lyle, BASF SA, DuPont, DuPont de Nemours, Inc, etc. The market studied includes numerous regional and multinational players. The opportunistic growth in the food and beverage industry, primarily in beverages and dairy and frozen products, is expected to drive the growth of the market studied while facilitating the expansion of the industry in the near future.
Reasons to Purchase this report:
This product will be delivered within 2 business days.
- The dominating foodservice sector and demand for shelf-stabilized products driving the market for food emulsifiers in the country. The United Kingdom has a wide market for baked and confectionery goods. About 60% of the flour produced in the country contributes to the bakery industry. Hence, the bakery sector is estimated as the largest consumer for food emulsifiers.
- The population in the country is indulged into frequent snacking habits. But, with the rising health trend and awareness, the aging population of the country is looking for healthier alternatives for snacks. This change in consumer behavior demands innovations and advancement in the snacks and confectionery sector, which uses the emulsifiers as an important ingredient promising a decent consumption in the coming years.
Key Market Trends
Lecithin Remains the Fastest Growing Emulsifier Type
The consumption of plant-based emulsifiers is expected to grow with the rising veganism in the country. The United Kingdom accounts for more than 3.5 million vegans to address, for which the manufacturers are shifting toward the plant-based emulsifiers, such as soy lecithin. The demand for organic and sunflower lecithin has witnessed an uptick where the largest application segment includes confectioneries. Furthermore, the demand is also assisted by the product properties being natural, safe, allergen-free, and an alternative to soy-based products.
Bakery Drives the Emulsifier Market
The European market is at its peak since its consumption of bread and baked products is comparatively high, as compared to any other region across the globe. The bakery market in the United Kingdom is more open toward innovation and has been responding positively to consumer demand over the past few years. Consumers seeking out healthier alternatives are aligning manufacturers to improvise added benefits with every product, which also facilitates the new launches under the “free-from” banner. The rising consumer interest in devouring gluten-free products across the region on account of the prevailing diet problems is likely to address the shift of emulsifiers towards gluten-free bakery rather than a bakery in general.
Competitive Landscape
The United Kingdom food emulsifier market is highly fragmented with the presence of numerous players in the market. The major players in the market are Cargill, Tate & Lyle, BASF SA, DuPont, DuPont de Nemours, Inc, etc. The market studied includes numerous regional and multinational players. The opportunistic growth in the food and beverage industry, primarily in beverages and dairy and frozen products, is expected to drive the growth of the market studied while facilitating the expansion of the industry in the near future.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- DuPont de Nemours, Inc.
- Cargill, Incorporated
- BASF SE
- Corbion NV
- Archer Daniels Midland Company
- Tate & Lyle PLC
- Kerry Group plc.
- Stepan Company
Methodology
LOADING...