Asia Food Emulsifiers Market Size

Asia Food Emulsifiers Market Size

Asia food emulsifiers market size exceeded USD 700 Million, globally in 2019 and is estimated to register above 7% CAGR between 2019 and 2026. Increasing product utilization in bakery and dairy sector will foster the industry growth.

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 functions 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 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 South West Asia. This will help the company to increase its regional presence.
 

COVID19 has led to value chain disruptions throughout the globe. This has impacted the raw materials supply which are utilized for manufacturing food emulsifiers. The  pandemic has led to global lockdown of manufacturing plants and commercial spaces which may hamper industry growth.