(Food-Beverage-News.Com, August 31, 2017 ) The Middle East and Africa Food Emulsifiers Market was worth $0.14 billion in 2016 and estimated to be growing at a CAGR of 4.72%, to reach $0.18 billion by 2021. Food emulsifiers market is considered to be one of the fastest growing segments of food additives market due to the growing trend towards reducing fat content in the processed food & beverage products.
Food Emulsifiers Trends are widely used across the globe as these improve the texture, product consistency, aid in blending the ingredients well and provide good taste to the product. The significance of using emulsifiers in various food products is due to having functional properties and numerous benefits associated with its use.
The growth of the Middle East and Africa Food Emulsifiers market is majorly driven by factors such as rising population and increasing consumer awareness towards trans-fat products. New processing techniques used for product development have also invariably raised the market for food emulsifiers. Rising Demand for natural emulsifiers by consumers is restraining the growth of the market.
The Middle East and Africa Food Emulsifiers market is segmented based on type, application and source. The market for Food Emulsifiers, on the basis of type, is classified into Mono-Glycerides, Di-Glycerides, Lecithin, Sorbitan Esters, and Stearoyl Lactylates & Polyglycerol Esters. On the basis of Application, the global Food Emulsifiers market is segmented into Bakery, Confectionery, Convenience & Dairy, and Meat. On the basis of Source, the global Food Emulsifiers market is segmented into Plant & Animal. Bakery application dominates the market share with more than half of the share in terms of value as well as volume.
The market has been geographically segmented into Middle East and Africa and is projected to be the fastest-growing market for Food Emulsifiers. In terms of revenue, South Africa leads the market in this region. This region is expected to offer lucrative growth opportunities, owing to the considerable increase in population and increasing awareness among the consumers about the quality of food products and due to the rise in disposable incomes in developing economies, primarily in South Africa.
Some of the major companies dominating the market in this region are Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Cargill, Incorporated (U.S.), Kerry Group Plc. (Ireland), and Ingredion Incorporated (U.S.).
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.