North America Food Emulsifiers Market - Growth, Trends, and Forecast (2020 - 2025)
North America food emulsifier market is projected to record a CAGR of 4.9% during the forecast period (2020-2025).
Food emulsifiers that are approved by the US Food and Drug Administration (FDA) are considered to be healthy, a few of the emulsifiers like lecithin and polyglycerols aids in reducing trans-fats and gluten, and are labeled organic and non-GMO. Hence, there has been a rise in the usage of food emulsifiers in bakery and confectionery products like bread, ice cream, and cake.
Emulsifiers have a wide range of applications in dairy, bakery, and confectionery industries. The demand for natural and nutraceutical end-products further drives the use of emulsifiers in various food applications.
Key Market Trends
Growing Demand for Specialty Food Ingredient
Specialty ingredients, such as preservatives, starch, sweeteners, flavors, emulsifiers, enzymes, cultures, and texturants record a wide range of applications in the food and beverage industry. Preservatives help in slowing down the product spoilage, especially in dairy and bakery applications caused by mold, air, bacteria, fungi, or yeast. In addition, with a robust demand for specialty ingredients with improved nutrient profile in various applications like dairy, bakery, sauces, dressings, and condiments. The market for additives, such as emulsifiers are expected to grow rapidly with the use of ingredients like soy, lecithin, etc.
United States holds a Prominent Share in the market studied
One of the major application areas of emulsifiers are ice creams. The consumption rate of ice cream in the United States has been considerably higher and it is expected to increase in the future. Another reason for the growth of the emulsifier market is the increasing customer awareness toward quality food. Emulsifiers give a good texture, consistency, and appearance to the product. Moreover, the US marketplace is also witnessing a threat by the growing deviation of customers toward organic ingredients. The US Food and Drug Administration (FDA) monitors and regulates the emulsifier safety. The usage of emulsifiers is restricted to very specific foods and beverages at precise quantities., which in turn boosting the market studied in the country.
In the North America food emulsifiers market, companies are not only competing on the basis of product quality and promotion but also focused on strategic initiatives, in order to account for prominent market shares. New product launches, partnerships, expansions, and acquisitions are the major strategies adopted by the leading companies in the global food emulsifiers market. Moreover, companies are focusing on increasing production capacities of their existing plants, while investing in R&D activities. Thus, the market studied is expected to witness numerous product launches during the forecast period. Some of the major players in the market studied are Dupont, Cargill Incorporated, Ingredion Incorporated among others.
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