Global Food Emulsifiers Market By Product (Mono, DiGlycerides & Derivatives, Lecithin, Stearoyl Lactylates, Sorbitan Esters), By Application (Bakery & Confectionery, Convenience Foods, Meat Products) Is Expected To Reach USD 3.18 Billion By 2020
Global Food Emulsifiers Market is expected to reach USD 3.18 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for bakery products coupled with rising application in processed and convenience foods is expected to drive market growth. Growing consumption of food emulsifiers primarily in premium breads, low-fat spreads, chilled dairy products and chocolates is anticipated to augment market growth. Asia Pacific is expected to show high growth over the forecast period as a result of increasing demand for convenience products, consumer preferences for high-quality products along with strengthening government food regulations in the region. Furthermore, rapid increase of functional foods is expected to serve as growth opportunities for market over the next six years. Mono, di-glycerides & derivatives were the largest product segment in 2013, accounting for over 40% of market volume in 2013. Mono, di-glycerides & derivatives are expected to aid growth owing to functional properties such as stability, viscosity and fat reduction. In addition, growing demand in bakery industry is expected to help it maintain high market share over the next six years. View summary of this report analysis/food-emulsifiers-market
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