Press release
Food Emulsifier Market - Southeast Asia Industry Analysis 2021
The Southeast Asia food emulsifier market is anticipated to witness robust growth during the forecast period, particularly due to increasing demand for packaged food. Factors such as rising demand for bakery and confectionery products and rising preference for low fat food are the major drivers of the Southeast Asia food emulsifier market.
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Food emulsifiers are used in various foods and beverages as a food additive to reduce the fat content. Based on product types, the food emulsifier market in Southeast Asia is segmented into stearoyl lactylates, sorbitan esters, lecithin, mono, di-glycerides & derivatives and others. Based on the different types of emulsifiers, the mono, di-glycerides & derivatives segment commanded the largest market share in 2014, followed by the lecithin segment. Sorbitan ester is extensively used in low fat foods and it helps to maintain the food standards and quality Sorbitan esters are set to rise at a considerable growth rate as compared to other products segment.
In Southeast Asia, the usage of food emulsifiers is estimated to rise enormously during the forecast period, which in turn is anticipated to boost the expansion of the food emulsifiers market in the region. Food emulsifiers are used in various convenience food and processed products, including processed meat and fish, cakes and snacks to prevent bacterial spoilage. The increasing demand for such food products is anticipated to drive the growth of the food emulsifier market. Busy lifestyles are boosting the demand for convenience food products and, this in turn is driving the growth of the food emulsifier market
Among all the countries in Southeast Asia, the food emulsifier market in Indonesia is expected to witness a growth of 38.2% compared to other regions, followed by Malaysia. In 2014 Malaysia held the market share of 25.2% in Southeast Asia food emulsifiers market. This trend is anticipated to be the same over the anticipated period.
Mono, di-glycerides & derivatives are largely used in convenience foods and, therefore, the segment generates the largest revenue among all the segments in the food emulsifier market. Based on product types, the mono, di-glycerides & derivatives segment is followed by lecithin, sorbitan esters, and stearoyl lactylates segments. Based on application types, convenience food is relatively larger as compared to others application types. Rising demand for convenience food is driving the Southeast Asia food emulsifier market throughout the forecast period of 2014 to 2021.
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