Food Emulsifiers Market Size, Share & Trends Analysis Report By Product, By Application, By Source (Animal, Plant), By Region, And Segment Forecasts, 2024 - 2030
Food Emulsifiers Market Size, Share & Trends Analysis Report By Product, By Application, By Source (Animal, Plant), By Region, And Segment Forecasts, 2024 - 2030
Food Emulsifiers Market Growth & Trends
The global food emulsifiers market size is expected to reach USD 4.87 billion in 2030 and is projected to grow at a CAGR of 4.3% from 2024 to 2030. Growing requirements of nutritional foods, protein-rich products, and ready-to-eat snacks in Asia Pacific is estimated to drive the demand for food ingredients, including emulsifying agents, colorants, enzymes, and sweeteners. Furthermore, the presence of a broad consumer base coupled with the robust growth of the food & beverage sector is another critical driving factor that is likely to boost product consumption.
Lecithin is found in both animal and plant tissues and is utilized as an emulsification ingredient for the preparation of a wide variety of bakery & dairy products.
Food Emulsifiers Market Report Highlights
Lecithin exhibits nontoxicity and has the ability to moisturize, homogenize, and stabilize the colloidal systems. Moreover, it helps in modifying the rheological properties of victuals and also enhances their shelf life. Owing to its multifunctionality, the growth of the products is anticipated to propel significantly over the next couple of years.
Lonza Group, Cargill, Inc., Danisco A/S, Riken Vitamin Co., Ltd., Palsgaard A/S, Beldem, BASF SE, Adani Wilmar Ltd., Archer Daniels Midland Company, Solvay S.A. Lubrizol Corporation, and Stepan Company are some of the key players operating in the global food emulsifiers market.
The prominent market participants such as Riken Vitamins Co., Ltd., and Palsgaard A/S are focusing on the expansion of their product portfolio by significantly investing in research & development.
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