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Asia Food Emulsifiers Market Trends

Report ID: GMI4769
Published Date: Aug 2024
Report Format: PDF

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Asia Food Emulsifiers Market Trends

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.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size for food emulsifiers in Asia reached USD 920.20 million in 2023 and is set to register a 6.9% CAGR from 2024 to 2032, led by rising demand for processed foods, increased urbanization, and shifting dietary preferences.

The mono, diglycerides & derivatives segment will record a 5.9% CAGR through 2032, due to emulsion stabilizing and fat dispersing characteristics of the product, having several food applications

The bakery and confectionery segment is set to register a 7.6% CAGR from 2024 to 2032, owing to rheology modifying and dough strengthening properties, necessary for making bakery goods including cakes, biscuits, and breads.

Riken Vitamin, ADM, Cargill, Lonza, Mitsubishi Chemical Holdings, and Corbion.