Food emulsifiers are used to enhance the flavor, texture and taste while maintaining the nutritional content in foods. Food emulsifiers are a growing segment in the food production market as their usage helps in reducing calories, lowering fat intake and various other health benefits.
The emulsifiers market is largely driven by demand for convenience and packaged foods by the burgeoning population and rising urbanization rates. However, the major constraint is increased awareness on the illeffects of synthetic ingredients and growing consumer demand for fresh and natural foods. Companies are seeing this as an opportunity to innovate and provide solutions in the form of natural and functional ingredients.
Food emulsifiers are classified as natural and chemical emulsifiers. Chemical emulsifiers currently accounting for a large market share. Region-wise, Europe forms the largest segment, with German region dominating the market. The estimated CAGR for the European region is 4%. This is followed by North American market while the Asia-Pacific market is the fastest growing segment due to growing preference for healthier alternatives among processed foods.
The major players in the market are Cargill, Palsgaard, Archer Daniels Midland (ADM), Dupont, Royal DSM and Kerry group. The strategies used by companies are investments in Research and Development to innovate products under the natural emulsifiers segment to meet the growing consumer preference.