Emulsifier, Stabilizer and Thickener Market Research Study | Competitor Strategy, Emerging Trend, Business Opportunities, Future Investments by Forecast 2023

Emulsifier, Stabilizer and Thickener (EST) Market Information by Type (Starches, Gums, Pectin, Agar-Agar, Lecithin and others), Application (Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, Oil and Fats, Sweet and Savory Snacks, Meat Products and others) and Region - Forecast - till 2023

pune, India - August 12, 2019 /MarketersMedia/ —

Market Overview
Uptake of emulsifier, stabilizers and thickener (EST) has increased significantly in the food industry. This has provided a massive boost to the global market for EST. Market Research Future (MRFR) in its latest study, found that the market is set to exhibit a strong growth over the next couple of years. Some of the commonly used EST include lecithin, pectin, starches, agar-agar and gums. These products find widespread application in dairy and frozen desserts, oil and fats, meat products, bakery and confectionery, beverages, sweet and savoury snacks, among others. They offer a distinct taste, mouthfeel, and texture. Rising consumption of packaged food owing to changing lifestyle has made a positive impact on the global EST market. Apart from F&B, the EST is gaining popularity in personal care, pharmaceutical, and cosmetics.

The F&B industry accounts for a sizeable share of the overall EST consumption. A vast category of bakery and confectionary items that are commercially produced contain EST. Gums, pectin and starch are among the most common commercially used thickeners in sauces, puddings and soups. Nonetheless, strict regulation on the permitted usage volumes of the EST to some extent hinders the market potentials.

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Competitive Landscape
Some to the notable companies operating in the global Emulsifier, Stabilizer and Thickener (EST) Market include

• Akzo Nobel N.V. (The Netherlands),
• Archer Daniels Midland Company (U.S.),
• Evonik Industries AG (Germany),
• BASF SE (Germany),
• DuPont Nutrition & Health (Denmark),
• Cargill Incorporated (U.S.)
• Kerry Inc. (Ireland)

Segmental Overview
The segmental analysis of the global emulsifier, stabilizer and thickener (EST) market has been conducted based on application and type.

By application, the market has been segmented into dairy and frozen desserts, oil and fats, sweet and savoury snacks, meat products, beverages and others. The dairy and frozen desserts segmented is expected to highly lucrative during the forecast period. In terms of revenue, the segment currently accounts for significant share of the market. The bakery and confectionary segment is also projected to witness a healthy growth during the assessment period.

Based on type, the market has been segmented into gums, agar-agar, starches, lecithin, pectin and others. Off these, the lecithin segment currently accounts for the largest market share. Demand growth for lecithin is expected to remain impressive over the next several years. The starches segment holds the second spot. On the back of increased awareness about health benefits of lecithin, demand for the product continues to grow. In addition to that, lecithin is witnessing a broader acceptance in the pharmaceutical industry. Lecithin is also increasingly used as a stabilizer in dairy and frozen desserts. The starches segment is expected to witness a healthy growth. Starches are a popular product, which is easily available and pocket friendly.

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Regional Segmentation
The regions covered in MRFR’s report include North America, Asia Pacific, and Europe. In terms of value, Europe represents the largest share of the market. Europe is likely to retain its position over the forecast period. North America is also an important market EST. In fact, North America is second in the pecking order. Presence of the vast processed food sector in the region makes for favourable business climate. The U.S. makes significant contribution to the North America EST market in terms of revenue. Asia Pacific is touted as the present the fastest growing market for EST during the forecast period. Rapid growth of economy in countries such as China and India is reflecting favourably on the market. Growing consumers base and increased per-capita income are some factors linked with the market growth in APAC.

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