Albany, NY, July 1, 2015 (GLOBE NEWSWIRE) -- According to a new market report published by Transparency Market Research "Food Emulsifier Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" Global Food Emulsifier market was valued at USD 3257.9 million in 2014 and is anticipated to reach USD 4,299.3 million by 2021, growing at a CAGR of 4.0% during the forecast period.
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Growing demand for packaged and convenience food is one of the major factors boosting the demand for food emulsifier globally. Apart from these, preference for low fat food is also contributing to the growth of food emulsifier market. The food emulsifier market has been observing high growth rate owing to its high demand from the end-user industries such as bakery and confectionery among others. The future outlook for food emulsifier market shows high growth in the overall food ingredients due to an increase in the growth of bakery products. In addition, new product developments will also contribute to the growth of food emulsifier.
Global Food emulsifier market is segmented by product into stearoyl lactylatess, mono, di-glycerides & derivatives, sorbitan esters, lecithin and others. Amongst various product types, mono, di-glycerides & derivatives constituted the biggest market share followed by lecithin in 2014. Food emulsifiers find applications across various segments including dairy products, convenience foods, bakery & confectionery, meat products and others. Demand for mono, di-glycerides & derivatives and convenience is expected to remain high throughout the forecast period, owing to rise in demand for packed and convenience food. Therefore, for mono, di-glycerides & derivatives is expected to dominate the food emulsifier market throughout the forecast period of 2015 to 2021.
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Geographically, Asia Pacific among all the regions held the largest market share of 34.4% in 2014, followed by Europe. In 2014, Europe held a market share of 28.6%. This trend is expected to remain same over the forecast period. The global food emulsifier market is expected to witness high growth during the forecast period, particularly due to increasing in preference of low fat food.
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The food emulsifier market by product has been segmented into - stearoyl lactylatess, mono, di-glycerides & derivatives, sorbitan esters, lecithin and others. By application the food emulsifiers market has been segmented into dairy products, convenience foods, bakery & confectionery, meat products and others. By geography the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). The market revenue (USD million) have been provided for the above mentioned segments and sub-segments. The market attractiveness analysis is also covered in the report along with qualitative data relating to the drivers, restraints and opportunities governing the global food emulsifier market.
Other Reports Published by Transparency Market Research :
- Frozen Food Market: http://www.transparencymarketresearch.com/global-frozen-foods-market.html
- Global Fast Food Market: http://www.transparencymarketresearch.com/global-fast-food-market.html
- Low-calorie Food Market: http://www.transparencymarketresearch.com/zero-calorie-low-calorie-food.html
The Report Segments the Food Emulsifier Market as:
Global Food Emulsifier Market: By Product Type
- Stearoyl Lactylatess
- Mono, Di-Glycerides & Derivatives
- Sorbitan Esters
Global Food Emulsifier Market: By Application Type
- Dairy Products
- Convenience Foods
- Bakery & Confectionery
- Meat Products
Global Food Emulsifier Market: By Geography
- North America
- Asia Pacific
- Rest of the World (RoW)
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Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Source:Transparency Market Research