FOOD EMULSIFIERS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 


Food Emulsifiers Market Analysis:

The estimated size of the Food Emulsifiers Market is USD 3.69 billion in 2023, with an expected growth to USD 4.61 billion by 2028, at a CAGR of 4.54% during the forecast period (2023–2028).

The COVID-19 pandemic has placed unprecedented stresses on food supply chains, resulting in bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. Despite these challenges, food supply chains have demonstrated remarkable resilience. COVID-19 has prompted manufacturers to seek high-quality ingredients and products for consumers, who are willing to pay a premium for such products. As a result, manufacturers are focusing on maintaining strong relationships with value chain stakeholders.

The demand for emulsifiers is increasing globally due to their versatile applications. For instance, sustainably-sourced emulsifiers are used in food packaging, while new and innovative emulsifiers with enhanced functionalities are being developed to provide added properties to beverages. The beverage sector is one of the largest globally.

Bakery products, such as bread, constitute a significant portion of the European diet. Therefore, the increasing demand for dough strengthening and softening emulsifiers is driving the usage of bakery emulsifiers, such as lecithin. The market also experiences a good level of demand from the confectionery, dairy, and meat products markets.

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