The food emulsifiers market has been forecast to increase at a compound annual growth rate (CAGR) of 5.2% over the next five years, increasing from a valuation of approximately $2.11 billion at the end of 2012, to hit a market value of around $2.85 billion by 2018.
Europe generated maximum revenues for the food emulsifier market, while the US, however, is the leader in the segment in the global market. North America, hence, is the second largest market of the segment. China drives the Asia-Pacific market with highest CAGR globally.
The food emulsifiers market is dominated by key players such as Danisco (Denmark), Riken Vitamin (Japan), Palgaard (Denmark), and Cargill (U.S). These major four companies together held more than 50% of the total market in 2012. Danisco is the market leader with 25 % share. It is followed by Riken Vitamin, Palsgaard, and Cargill Inc.
An emulsifier is a substance that stabilizes an emulsion. Emulsifiers can be used in variety of food segments such as bakery & confectionery, dairy, beverages, convenience foods, and in meat products to manufacture low calorific products.
According to a new report titled 'Food Emulsifiers Market: Global Trends & Forecast to 2018,' published on companiesandmarkets.com, deskbound lifestyles have resulted in the rising needs for convenience foods. However, the alarming rises in health issues faced by consumers have also made them aware about the need to focus on healthy and nutritive convenience food products.
The need to minimize the intake of fats and calories influences the demand for specific functional food variants. Emulsifiers are considered to be one of the additives that are gradually replacing many for reducing the fat content in foodstuffs.
The last few years has seen increased research on emulsifiers which has progressed moderately and significant technological advances have been made in selection & characterisation of specific emulsifiers and substantiation of health claims relating to its consumption.
An effective use of various emulsifiers such as sucrose esters, PGE, and PGPR has largely contributed to growth of the overall market due to the flourishing food & beverage industry.
For more information on the food emulsifiers market, see the latest research: Food Emulsifiers Market
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