TechNavio recognizes the following companies as the key players in the Global Food Emulsifier Market: Danisco A/S, Palsgaard A/S, Riken Vitamin Co Ltd., and Cargill Inc.
Commenting on the report, an analyst from TechNavio’s team said: “In the past decade, changing lifestyles due to rapid urbanization and shortage of time to prepare meals has led to a high demand for packaged and convenience foods. Packaged and convenience foods are processed food with food emulsifiers that maintain the quality, taste and texture of the food along with increased shelf life. Some examples of processed food are canned cereals, ready-to-cook meals, dehydrated soups, canned meat products, and canned dairy products. Food emulsifiers such as Mono and Di glycerides, Lecithin, Sorbitan, Esters, and Stearoyl Lactylates play an important role in the manufacture of packaged and convenience foods. Thus, the increase in demand for packaged and convenience food is expected to create a higher demand for food emulsifiers, thereby leading to emerging growth in the Global Food Emulsifier market.”
According to the report, one of the major drivers in the market is the increasing preference for low-fat foods. With the increase in preference for low-fat foods, the consumption of food emulsifiers also increases, as emulsifiers are used in diverse segments such as dairy, bakery, confectionery, processed foods, fats, and oils, which is likely to fuel the growth of the Global Food Emulsifier market. The majority of the demand for food emulsifiers comes from the APAC region as this region is densely populated with consumers with increasing disposable income whose lifestyle is changing.
Further, the report states that the major challenge faced by the market is the entry of low-priced products and private label offerings. When compared with branded global products, these low-priced products/private label products are cheaper and have a stronger impact on the local market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-food-emulsifier-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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