Rapid urbanization and changing food preferences of consumers are driving new investments in the food emulsifiers industry. Consumer spending on high-quality food products has increased significantly, thanks to a notable uptick in the household income levels. As per the World Bank, consumers especially in developing countries spend nearly US$5 trillion a year on food and beverages.
Food emulsifier or emulgent is a widely used food additive that binds ingredients together to provide greater solubilization, dispersion, foaming, and creaming ability to various food products. Their application in food items creates smoothness and provides prolonged shelf life. Bakery products, beverages, and processed foods, among others, are the key applications of food emulsifiers.
Global food emulsifiers market size is forecasted to cross over US$4 billion by 2025, according to Global Market Insights Inc. The ingredient is derived from plants, animals, and synthetic sources. It plays a crucial role in the making of processed foods such as ice cream, bakery products, noodles, mayonnaise, and pasta.
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Stearoyl lactylate, a popular and widely used food emulsifier is slated to witness strong demand bakery applications. Sodium stearoyl lactylate emulsifier is used as a dough strengthener in baked goods and its exceptional food enhancing features make it highly popular in the baking industry. Its application in baked bread helps in maintaining freshness & sweet taste, dispersing fats, and making more extensible and stronger bread.
Food emulsifier industry share from bakery & confectionery applications is predicted to grow considerably by 2025. The application of emulgents in food products controls crystallization, prevents separation, and reduces stickiness. Due to these features, it helps in maintaining soft & smooth texture and the quality of food products.
United States is the largest market for bakery manufacturers, products, and consumers, which collectively has an overall economic impact of more than US$154 billion in the country, says the American Bakers’ Association. The region is also one of the leading manufacturers and exporters of bakery products.
There has been an increasing application of food emulsifiers in the manufacture of alcoholic beer. Its application enhances the flavor, concentration, and shelf life of beer.
As per the National Beer Wholesalers Association (NBWA), the U.S beer industry witnessed sales of about 203.1 million barrels of beer in 2019. Increasing consumption of beer especially in developed countries is anticipated to escalate product demand in the brewing industry.
North America, being a key market for food emulsifiers, the regional manufacturers are focusing on developing new emulgent formulations that are more effective.
In October last year, for instance, American food company Ingredion Inc. had introduced Ticaloid Acacia Max, a high-performance emulsifier, in the U.S. and Canada. The product can help tackle the common limitations of traditional acacia by improving oil loads, cutting costs, and improving labels on consumer products.
Europe food emulsifier industry is predicted to experience significant gains owing to the rising consumer inclination towards bakery products. Growing per capita income and increasing food expenses particularly on processed foods due to convenience and time constraints could strongly impact business progression in the region.
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As the world is undergoing an unprecedented crisis of the COVID-19 pandemic, there has been a sharp rise in packaged, hygienic food consumption, creating a substantial demand for bakery items and processed food products. Numerous countries in Europe and APAC are witnessing a substantial boost in retail and online food sales owing to lockdown and social restrictions.
Consistent consumer demand for packaged foods and beverages amid the pandemic has allowed the food emulsifiers industry to stay on its feet and will continue to augment ingredient consumption over the coming years.
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