市場調查報告書
商品編碼
1309691
食品乳化劑全球市場規模、份額、行業趨勢分析報告:2023-2030 年按類型、來源、應用、地區劃分的展望和預測Global Food Emulsifiers Market Size, Share & Industry Trends Analysis Report By Type, By Source, By Application, By Regional Outlook and Forecast, 2023 - 2030 |
到 2030 年,食品乳化劑市場規模預計將達到 49 億美元,預測期內復合年增長率為 4.7%。
類型展望
按類型劃分,市場分為甘油單酯和甘油二酯及其衍生物、卵磷脂、脫水山梨糖醇酯、聚甘油酯、硬脂□乳酸酯和其他類型。2022年,單甘油酯和二甘油酯及其衍生品領域在市場中的收入份額最高。這些產品是基於甘油的脂肪酸酯,可增加加工食品適當穩定和均質化所需的表面活性。單甘油酯、二甘油酯及其衍生物廣泛用於乳製品和烘焙產品的生產,例如蛋糕、冰淇淋、人造黃油和麵包。
來源展望
根據來源,市場分為植物來源和動物來源。2022 年,動物源細分市場將在市場中獲得可觀的收入份額。這是因為動物來源最常用於生產乳化劑。此外,消費者對含有動物蛋白的食品表現出更大的興趣,導致該領域的市場不斷增長。
按用途劃分的展望
按應用劃分,市場分為烘焙產品、乳製品/冷凍甜點、糖果、方便食品、肉製品等。2022 年,烘焙產品領域佔據了最高的收入份額並主導了市場。這是由於多種因素造成的,包括對烘焙產品的需求不斷增長,以及乳化劑在增加這些產品的質地、體積和保質期方面的優勢。乳化劑可防止烘焙過程中形成氣泡,從而生產出更輕、更蓬鬆的烘焙食品,在視覺上對消費者有吸引力。
區域展望
按地區劃分,我們對北美、歐洲、亞太地區和拉美地區 (LAMEA) 的市場進行了分析。2022年,北美地區以最大的收入份額引領市場。這種增長主要歸因於多種因素,包括對加工食品和便利產品的需求增加,特別是在美國。在北美,由於功能性食品和飲料、清潔標籤和有機食品的日益普及,市場正在擴大。此外,一些市場參與者正在大力投資研發新型環保乳化劑,這也支持了市場的增長。
The Global Food Emulsifiers Market size is expected to reach $4.9 billion by 2030, rising at a market growth of 4.7% CAGR during the forecast period.
Convenience foods are gaining traction among the working population because of the increased consumer expenditure on packaged goods, along with the increasingly busy lifestyles of consumers in both developed and developing nations. Hence, the convenience foods segment accounted for $567.8 million revenue in the market in 2022. Also, as consumers nowadays are more interested in vegan convenience foods, demand for plant sourced emulsifiers is growing.
The major strategies followed by the market participants are Acquisitions as the key developmental strategy to keep pace with the changing demands of end users. For instance, In November, 2022, Cargill, Incorporated acquired Owensboro Grain Company to enhance the its effort to increase capability across its North American oilseeds network to support the growing need for oilseeds driven by food, feed, and renewable fuel markets. Additionally, In April, 2022, Kerry Group plc acquired Natreon, Inc to expand its leadership position and its ProActive Health portfolio.
Based on the Analysis presented in the KBV Cardinal matrix; Archer Daniels Midland Company is the forerunner in the Market. In May, 2023, Archer Daniels Midland Company entered into an agreement to acquire D.C.A. Finance B.V. With this acquisition, ADI would expand its commodity brokerage expertise and solutions allowing it to gain a competitive advantage. Companies such as Lonza Group AG, Kerry Group plc, and Ingredion Incorporated are some of the key innovators in the Market.
Market Growth Factors
Rising consumption of convenience foods
Foods referred to as convenience foods are meals already prepared or ready to eat. These products make heavy use of emulsifiers to ensure a consistent mixture and prevent settling of ingredients while being stored. They also contribute to developing attractive flavors and textures that improve the entire sensory experience when eating these foods. Convenience food consumption has increased due to factors such as changing work and lifestyle habits, urbanization, and the need for quicker and simpler meal options which is predicted to continue in the upcoming years. The market is anticipated to rise gradually as a result of this trend in the upcoming years.
Innovations resulting in stabilization properties
The market has a lot of opportunities to grow owing to innovations in product development, particularly those that improve stability properties. Emulsifiers are essential for stabilizing food items and improving their shelf life, texture, and appearance. The market is currently seeing a wave of innovative products that are quickly setting new benchmarks for the sector. Manufacturers are currently developing a range of starch-based emulsifiers from micro to nanoparticles that are linked to improved product structure and shelf life as well as long-term stability in food emulsion systems. It is anticipated that these market advancements will aid in market expansion.
Market Restraining Factors
High cost of food emulsifiers extracted from natural sources
The market has been expanding quickly. Still, there are many challenges that could slow this expansion, including the limited extraction and higher costs of emulsifiers derived from natural resources. Emulsifiers can be expensive and challenging to extract in large quantities from natural resources like animal or plant fats. As a result, this may result in greater production costs and higher pricing for the final consumers. Additionally, this restriction may result in food loss or waste because some ingredients are often discarded rather than being utilized to make premium food products. All these elements are anticipated to hinder the market growth.
Type Outlook
On the basis of type, the market is categorized into mono- & di-glycerides & their derivatives, lecithin, sorbitan esters, polyglycerol esters, stearoyl lactylates and other types. In 2022, the mono- & di-glycerides & their derivatives segment held the highest revenue share in the market. These items are fatty acid esters based on glycerine that enhance the surface activity necessary for the correct stabilization and homogenization of processed foods. For making dairy and bakery products such as cakes, ice cream, margarine, and bread, mono-, di-glycerides & derivatives are widely used.
Sources Outlook
Based on sources, the market is segmented into plant sources and animal source. The animal source segment garnered a significant revenue share in the market in 2022. This is explained by the fact that animal sources are most frequently used to make emulsifiers because they are inexpensive to extract and more widely available. Further, the market is growing in this segment as consumers are largely interested in consuming food comprising animal-based proteins.
Application Outlook
By application, the market is fragmented into bakery products, dairy & frozen desserts, confectionery products, convenience foods, meat products and other applications. In 2022, the bakery products segment dominated the market by generating the highest revenue share. This is due to a number of factors, including the rising demand for bakery goods and the advantages of emulsifiers in terms of enhancing the texture, volume, and shelf-life of these goods. Emulsifiers prevent the formation of air bubbles during baking, resulting in lighter, fluffier baked foods that are more visually appealing to consumers.
Regional Outlook
Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region led the market with the maximum revenue share. The growth is primarily due to several factors, including the rising demand for processed food and convenience goods, especially in the United States. The market is expanding in North America due to the rising popularity of functional foods & beverages, and clean label & organic food items. Also, a few market players are making significant investments in R&D to develop new, eco-friendly emulsifiers to market, which is supporting market growth.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Cargill, Incorporated, BASF SE, Corbion N.V., Tate & Lyle PLC, Kerry Group PLC, Ingredion Incorporated, Palsgaard A/S, Stepan Company and Lonza Group AG.
Recent Strategies Deployed in Food Emulsifiers Market
Partnerships, Collaboration and Agreement:
Mar-2023: Cargill, Incorporated formed a partnership with CUBIQ FOODS, developer and producer of cultured fat from animal cells that meet the needs of industrial customers. Through this partnership, the company would be able to help customers in developing plant-based food alternatives.
Feb-2023: Kerry Group plc entered into a distribution partnership with Azelis and Caldic. The partnership would enable the company to distribute its products to its customers in the European market.
Feb-2023: Corbion N.V. expanded its partnership with Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry. The partnership enables the company to reach its customers in Malaysia and Singapore market through the distribution network of Azelis' Food and Nutrition Division.
Nov-2022: Ingredion Incorporated entered into a partnership with InnovoPro, a leading Foodtech chickpea solutions company. Through this partnership, the company aimed to enhance its offering of chickpea protein concentrate in the U.S. and Canada with the help of commercial distribution by InnovoPro.
Aug-2022: Archer Daniels Midland Company partnered with New Culture, a pioneering animal-free dairy company. The partnership is aimed at developing and accelerating commercialization to help meet fast-growing consumer interest in alternative dairy and cheese.
May-2022: Stepan Company announced the strengthening of its partnership with Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry. The partnership enables the company to leverage the market penetration capabilities of Azelis to reach more customers in Turkey.
Product Launch and Product Expansion:
Sep-2022: Kerry Group Plc unveiled Puremul, an emulsifier made from acacia. The new product can replace sunflower lecithin and mono- and diglycerides in food and beverage products. Puremul is naturally sourced from the sustainable, drought-resistant acacia tree cultivated by local farmers in Africa. The launch would help alleviate the existing supply chain challenges and pricing instability currently impacting sunflower lecithin.
Oct-2021: Cargill, Incorporated revealed soluble SimPure rice flour. The new product is a clean-label bulking agent and is an alternative to maltodextrin. The soluble SimPure rice flour is creamier and has a similar taste, texture, and functionality as maltodextrin.
May-2021: Palsgaard launched PGPR 4190, a new polyglycerol polyricinoleate product. The product is designed for chocolate spreads and enrobed and moulded products. Palsgaard PGPR 4190 offers better functionality and efficiency for mould optimization, flow control, and viscosity reduction to chocolate manufacturers.
Jan-2021: Tate & Lyle released REZISTA® MAX thickening starches and BRIOGEL® gelling starches, an expansion of its line of tapioca-based starches. The new products are suitable for use across dairy, soups, sauces and dressings, confectionery, and more and enable food manufacturers to deliver superior products.
Acquisitions and Merger:
May-2023: Archer Daniels Midland Company entered into an agreement to acquire D.C.A. Finance B.V. With this acquisition, ADI would expand its commodity brokerage expertise and solutions allowing it to gain a competitive advantage.
Nov-2022: Cargill, Incorporated acquired Owensboro Grain Company, a fully integrated soy processing facility. The acquisition would enhance the company's effort to increase capability across its North American oilseeds network to support the growing need for oilseeds driven by food, feed, and renewable fuel markets.
May-2022: Tate & Lyle PLC completed the acquisition of Nutriati, an ingredient technology company. The acquisition complements the ingredient portfolio of the company and supports its mission of healthy living and caring for the planet. Moreover, the company aimed to offer a wider range of fortification solutions to its customers.
Apr-2022: Kerry Group plc acquired Natreon, Inc., a leading supplier of branded Ayurvedic botanical ingredients. Through this acquisition, the company would be able to expand its leadership position and its ProActive Health portfolio.
Feb-2022: Archer Daniels Midland Company took over Comhan, a leading South African flavor distributor. The acquisition enhances the company's offering to its customers by expanding its footprint in the African market.
Sep-2021: Kerry Group Plc completed the acquisition of Niacet, a producer of organic salts, including propionates and acetates. The acquisition would strengthen the company's global food protection and preservation platform with the help of Niacet's capabilities, expertise, and knowledge.
Jul-2021: Kerry Group plc took over Biosearch Life, a biotechnology company focused on offering innovative solutions for the pharmaceutical, nutraceutical, and functional food sectors. The acquisition of Biosearch Life is aligned with the company's probiotic offering and would enable the company to expand its portfolio.
Jul-2021: Corbion N.V. acquired Granolife, a producer of granola made of quality natural ingredients without flavoring and preservatives. The acquisition enables the company to expand its footprint in the Mexican market with the help of the expertise, blending capabilities, and application labs of Granolife.
Apr-2021: Ingredion Incorporated completed the acquisition of KaTech, an advanced texture and stabilization solutions provider. In addition to complementing the company's existing specialty ingredient portfolio, this acquisition adds an innovative suite of solutions to its Food Systems platform that supports food and beverage manufacturers in formulating products, implementing ingredients, and providing technical assistance.
Geographical Expansions:
Feb-2023: Palsgaard A/S expanded its specialist factory in Zierikzee, the Netherlands. The expansion of the factory would enable the company to double its capacity for storing and producing polyglycerol polyricinoleate which would help its customers against any future supply chain disruptions.
Market Segments covered in the Report:
By Type
By Source
By Application
By Geography
Companies Profiled
Unique Offerings from KBV Research
List of Figures