NEW YORK, July 14, 2023 /PRNewswire/ -- As per Facts and Factors study, the global food emulsifiers and texturizers market size was worth around USD 3.9 billion in 2022 and is predicted to grow to around USD 6.4 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.6% during the forecast period (2023- 2030).
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Food Emulsifiers and Texturizers Market: Overview
Emulsifiers consist of mono-, diglycerides, lecithin, and other natural substances with synthetic derivatives. The primary function of these ingredients is to facilitate the uniform mixing and distribution of oils and flavors throughout the food. Texturization agents assist in modifying and enhancing the mouthfeel of foods. These ingredients are utilized extensively in dairy, savory, confectionary, snack, meat, dairy, and poultry products.
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Key Industry Insights & Findings of the Food Emulsifiers and Texturizers Market Reports:
- As per the analysis, the Food Emulsifiers and Texturizers market share is likely to grow above a CAGR of around 5.6% between 2023 and 2030.
- The Food Emulsifiers and Texturizers market size was worth around USD 3.9 billion in 2022 and is estimated to hit approximately USD 6.4 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- The high demand for low-calorie food products is likely to boost the food emulsifiers and texturizers market growth.
- Based on the application, the bakery segment accounts for the largest share of the global market.
- Based on the product type, the thickening agent dominates the global market.
- Based on region, North America is expected to dominate the market during the forecast period.
Facts and Factors published the latest report titled "Food Emulsifiers and Texturizers Market Size, Share, Growth Analysis Report By Application (Beverages, Dairy Products, Meat, Poultry, Confectionery, Bakery), By Product Type (Stabilizing Agents, Binding Agents, Emulsify Agents, Thickening Agents), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030" into their research database.
Food Emulsifiers and Texturizers Market: Growth Drivers
- High demand for low-calorie food products is anticipated to drive market expansion
In recent years, the prevalence of cardiovascular diseases and obesity has increased, which is anticipated to increase the demand for low-fat food products. These texturizing agents have the ability to replace calorie-dense oils and lipids with low-fat alternatives, allowing formulations to become healthier options.
These enhanced formulations utilize food texturizers as the fat mimic. Texturizing agents are commonly administered to patients with dysphagia or swallowing difficulties. Manufacturers utilize various texturizing agents based on their individual characteristics and benefits.
Food Emulsifiers and Texturizers Market: Restraints
· The growth of the global market for emulsifiers and texturizers is likely to be hampered by health concerns
The majority of food texturizers are derived from diverse sources, including seaweeds, animals, and plants, among others. In addition, certain synthetic texturizers are utilized in the food and beverage industry. However, the rising health consciousness and awareness among consumers regarding the ingredients used in food products is likely to hinder the expansion of the global food emulsifiers and texturizers market.
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Global Food Emulsifiers and Texturizers Market: Segmentation Analysis
The global market for food emulsifiers and texturizers is segmented by application, product type, and region.
By application, the market can be divided into beverages, dairy products, meat, poultry, confectionary, and bakery products, and others. Due to the rising demand for bakery products among middle-aged consumers, the bakery segment accounts for the largest share of the global food emulsifiers and texturizers market.
By product type, food emulsifiers and texturizers can be classified as stabilizing agents, binding agents, emulsifying agents, thickening agents, and others. The thickener dominates the global market for food emulsifiers and texturizers.
Recent Developments:
- Tate and Lyle PLC, in Feb 2023, announced the launch of its brand with the company's new narrative. Tate and Lyle PLC, a leader in ingredient solutions for healthier food and beverages, are ready to rebrand itself with the purpose of transforming lives through the science of food.
- Kerry Group, in April 2023, reported an increase of 10.3% in the first quarter of its financial year, led by strong growth in the food service channel in Europe and APMEA.
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List of Key Players in Food Emulsifiers and Texturizers Market:
- Ingredion Inc
- Tate and Lyle PLC
- CP Kelco
- Roquette Freres S.A.
- Puratos NV
- Protea Biosciences
- Palsgaard A/S
- LOTTE Fine Chemicals Co.
- Lantmannen Unibake
- Koninklijke DSM N.V.
- Kerry Inc.
- InnovoPro Ltd
- Groupe Limagrain
- Givaudan SA
- Garuda International Inc
- Fiberstar Inc.
- DuPont de Nemours Inc.
- Creafill Fibers Corp.
Key questions answered in this report:
- What is the growth rate forecast and market size for Food Emulsifiers and Texturizers Market?
- What are the key driving factors propelling the Food Emulsifiers and Texturizers Market forward?
- What are the most important companies in the Food Emulsifiers and Texturizers Market Industry?
- What segments does the Food Emulsifiers and Texturizers Market cover?
- How can I receive a free copy of the Food Emulsifiers and Texturizers Market sample report and company profiles?
Report Scope:
Report Attribute | Report Details |
Market Size in 2022 | USD 3.9 Billion |
Market Forecast in 2030 | USD 6.4 Billion |
Growth Rate | CAGR of 5.6% |
Base Year | 2022 |
Forecast Years | 2023- 2030 |
Key Companies Covered | Ingredion Inc, Tate and Lyle PLC, CP Kelco, Roquette Freres S.A., Puratos NV, Protea Biosciences, Palsgaard A/S, LOTTE Fine Chemicals Co., Lantmannen Unibake, Koninklijke DSM N.V., Kerry Inc., InnovoPro Ltd, Groupe Limagrain, Givaudan SA, Garuda International Inc, Fiberstar Inc., DuPont de Nemours Inc., Creafill Fibers Corp., CP Kelco ApS, Corbion N.V., Compania Espanola de Algas Marinas S.A., Cargill Inc, Bunge Loders Croklaan B.V., BASF SE, Agrinnovation Ltd., and others. |
Segments Covered | By Application, Product Type, and Region |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
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Regional Analysis:
- North America is expected to grow significantly in the global market
North America is the fastest-growing food emulsifiers and texturizers market. It is expected to dominate the market during the forecast period. Food ingredient innovation and tech advancement should boost regional market growth. Due to busy lifestyles, processed food is in high demand. People are too busy to cook from scratch. The region needs these ingredients.
Due to the fast-growing food processing industry in developing countries like India, China, and Japan, Asia Pacific is predicted to lead the worldwide food emulsifiers and texturizers business. Rising disposable income and living standards will boost regional market growth.
Due to market leaders, Europe is expected to grow greatly in the next years. Food technological advancements may also boost regional market growth.
Global Food Emulsifiers and Texturizers Market is segmented as follows:
By Application Segment Analysis
- Beverages
- Dairy Products
- Meat
- Poultry
- Confectionery
- Bakery
By Product Type Segment Analysis
- Stabilizing Agents
- Binding Agents
- Emulsify Agents
- Thickening Agents
By Regional Segment Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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