LONDON--(BUSINESS WIRE)--The global food emulsifiers market size is expected to grow by USD 1.08 billion as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. Moreover, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 6%.
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Read the 120-page report with TOC on "Food Emulsifiers Market Analysis Report by Application (Bakery and confectionery, Convenience foods, Dairy products, and Others) and Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts, 2020-2024". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/food-emulsifiers-market-industry-analysis
Food emulsifiers market is driven by the growing demand from bakery and confectionary industries. In addition, the multifunctionality of food emulsifiers is anticipated to boost the growth of the Food Emulsifiers Market.
Chocolate and sugar confectionery products use emulsifiers as a processed food stabilizer. To stabilize the dough and prevent the dough from collapsing due to vibrations during transportation, mechanical strain, or longer resting time, bakers and confectionery manufacturers use emulsifiers to achieve viscosity.
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Major Five Food Emulsifiers Companies:
Archer Daniels Midland Co.
Archer Daniels Midland Co. has business operations under various segments, such as Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The company offers a line of products such as Soy Fluid Lecithin, Ultralec Deoiled Lecithin, and Non-GMO Fluid Lecithin (Yelkin Sun Lecithin, Yelkin & Adlec RL Fluid, and Adlec Non-GMO) among others.
BASF SE operates its business through various segments such as chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions. The company offers a line of emulsifiers such as Lamemul K 2000 K, Lamemul K 2001 S, and Lamemul GP 84-6 among others used for various application such as to provide elastic texture as well as crumb softness in yeast-raised baked goods.
Cargill Inc. has its business operations under various segments such as agriculture, animal nutrition, beauty, bioindustrial, food and beverage, pharmaceutical, industrial, and meat and poultry. The company offers StarDesign Power, a nature-derived emulsifier.
Corbion NV operates its business through two segments: ingredient solutions and innovation platforms. The company offers a line of products such as Alphadim, BFP, Trancendim, and GMS among others.
DuPont de Nemours Inc.
DuPont de Nemours Inc. has its business operations under various segments such as electronics and imaging, nutrition and biosciences, transportation and industrial, safety and construction, and non-core. The company offers Danisco range of emulsifiers such as PANODAN DATEM, GRINDSTED SSL/CSL, DIMODAN Distilled Monoglycerides, and GRINDSTED range for cake among others.
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Food Emulsifiers Market Application Outlook (Revenue, USD bn, 2020-2024)
- Bakery and confectionery
- Convenience foods
- Dairy products
Food Emulsifiers Market Regional Outlook (Revenue, USD bn, 2020-2024)
- North America
- South America
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