Home > Food & Beverages > Food Additives > Texturizers and Thickeners > Asia Food Emulsifiers Market
Asia Food Emulsifiers Market size was valued at USD 920.2 million in 2023 and is projected to grow at 6.9% CAGR from 2024 to 2032, due to rising consumer demand for processed and convenience foods, increased urbanization, and changing dietary preferences. As the region's middle class expands, there is a heightened demand for products with improved texture, stability, and shelf life, leading to greater use of emulsifiers. Technological advancements and innovations in emulsifier formulations further contribute to market expansion.
Additionally, the growing focus on health and wellness is spurring the development of clean-label and natural emulsifiers, which align with consumer preferences for healthier ingredients. The market is also witnessing increased investment in research and development to enhance product performance and cater to diverse regional tastes. As a result, the Asia food emulsifiers market is poised for sustained growth, with manufacturers leveraging these trends to capture a larger market share. Also Increasing product utilization in bakery and dairy sector will foster industry growth.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Asia Food Emulsifiers Market Size in 2023: | USD 920.2 Million |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 6.9% |
2032 Value Projection: | USD 1.62 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | By Product, By Application and By Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Additionally, increasing consumer inclination for nutritional products including multi grain breads, yogurts, energy and dairy based drinks will foster product demand. The product owing to stabilizing properties is added to yogurt and dairy based drinks to enhance mouthfeel and texture. Dairy products owing to immune system boosting properties are consumed globally. Increasing dairy products consumption owing to positive health benefits will foster Asia food emulsifiers market growth.
Emulsifiers helps in the mixing of water and oil. These function as an interface between food’s conflicting components including oil and water. This is possible due to presence of hydrophilic tails and hydrophobic heads in its structure. Some emulsifiers function as anti-caking agents. These also helps to improve texture, shelf life, and reduce fat content.
Emulsifiers functions as stabilizing agents and helps to keep the beverage contents remain evenly distributed. It prevents lump formation and ring formation in beverages which makes the drink look unattractive and taste different. Rising demand for ready to consume drinks in countries such as India and China have surged in Asia Pacific packaged food market which will stimulate Asia food emulsifiers industry growth.
Rising processed food consumption owing to growing urbanization and commercialization will boost the industry growth. The product is added to noodles and macaroni to offer elasticity and smoothness. Instant noodles segment of the market is anticipated to achieve over 5% through 2024. Growing demand of instant noodles and soups due to changing consumer preferences will foster packaged food industry growth which will propel product demand.
Companies are investing on R & D activities, collaborations & partnerships, and capacity expansions to meet the growing product demand in multiple applications. For example, In June 2019, Kerry Group inaugurated new facility in Tumkur, India. The facility will serve the company’s taste and nutrition’s regional and global customers in Southwest Asia. This will help the company to increase its regional presence.
The Mono, Diglycerides & Derivatives segment will capture USD 238.4 million and demonstrate a 5.9% CAGR through 2032. Mono, Diglycerides and derivatives are synthetically manufactured food emulsifiers. The product due to emulsion stabilizing and fat dispersing characteristics has applications in several food applications including baked goods and icings. Rising demand of convenience food products owing to hectic schedules will foster baked goods consumption which will positively impact Asia food emulsifier industry trends.
The product consists of esters synthesized from glycerol’s catalytic transesterification with triglycerides. These forms interface between constituents of food thus acts as an emulsifier. They pursue anti-staling properties in flour treatments. Their main functions include aeration, fat dispersion, and emulsion stability. Escalating product demand in multiple applications for food and beverage sector will foster industry size.
The Asia food emulsifiers market from bakery and confectionery segment will expand to USD 1.02 billion and garner a 7.6% CAGR from 2024 to 2032. Emulsifiers including lecithin and mono, diglycerides and derivatives owing to rheology modifying and dough strengthening properties is used for making bakery goods including cakes, biscuits, and breads. Baked goods consist of solid particles dispersed in airy foam which is intensified by emulsifiers. New Flavors and innovative packaging will foster biscuits consumption which will boost regional industry growth.
Industrial baking applications requires stable production, uniform performance, good emulsification. The products including mono, di-glycerides & derivatives and lecithin are used for manufacturing confectionary goods including chocolate coatings, toffees, and extruded snacks. New product launches in confectionary sector will have a positive impact on market statistics.
Companies include Riken Vitamin, ADM, Cargill, Lonza, Mitsubishi Chemical Holdings, and Corbion have made substantial contributions. Riken Vitamin enhances food texture and stability with its innovative emulsifiers. ADM and Cargill leverage their global expertise to offer a wide range of emulsifiers tailored to the diverse needs of the region, focusing on both performance and sustainability.
Lonza provides specialized emulsifiers that improve product quality and shelf life, supported by robust R&D capabilities. Mitsubishi Chemical Holdings introduces advanced emulsifier technologies that enhance food formulation, while Corbion excels in delivering bio-based emulsifiers that cater to the growing demand for sustainable ingredients. Together, these companies drive innovation and address the evolving requirements of the Asian food industry.
Top companies operating in the Asia food emulsifiers industry include:
Click here to Buy Section of this Report
Market, By Product
Market, By Application
The above information is provided for the following regions and countries: