Steady end-use demand from industries such as food & beverages, personal care products, and pharmaceuticals is a key factor driving growth in the emulsifiers market. The global market is expected to reach US$731 million and close to 500 thousand metric tons in terms of volume in 2010.
San Jose, CA (PRWEB) June 29, 2007 -- Traditional non-substitutable applications in food and beverages and growing use in personal care products continue to fuel market growth. Use in the pharmaceuticals sector as microemulsion also contributed to market expansion. Consolidation in the food additive industry and demand for value-added products is expected to throw up major challenges in the food emulsifier market. Technological advancements in the food processing industry will also provide a significant boost to the market in coming years.
United States is the largest emulsifiers market followed by Europe. Together they account for over 65 percent share in terms of volume. European and US markets are expected to record CAGRs ranging between 2.5% and 3.5%. Asia, including Japan, is projected to garner a share of more than 20 percent in terms of value. Volume growth is expected to be higher than value growth indicating stability/decline in price. Monoglycerides market, the largest product segment, is expected to reach a value of US$357 million by 2010.
The fragmented market is home to several large, small and niche players. Key market participants include American Ingredients Company, ADM, Arakawa Chemical Industries Limited, Beldem SA, Cargill Inc., Cognis, Danisco, GC Hahn, Ivanhoe Industries, Kerry Group, Noveon, Palsgaard, Rhodia Novecare, Stepan Company, Soliance, Uniqema and others.
"Emulsifiers: A Global Strategic Business Report" provides a comprehensive review of market trends, drivers, challenges, product profile, competition, end-use analysis, regulatory environment, latest research and development initiatives, mergers and acquisitions and other strategic industry activity. Analysis is presented for geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and the Middle East. The study presents value and volume analytics by end-use markets and by product segments. End-Use industries analyzed are food and beverage, personal care products and pharmaceuticals. Product segments include Lecithin, Monoglycerides, Stearoyl Lactylates, Polyglycerol Esters and Sucroglycerides, Polysorbates and Sorbate Esters, and Polyglycin Polyricinoleate & Others. The study also presents historic data for an insight into market evolution over the past fifteen years.
For more details about this research report, please visit www.strategyr.com/MCP-1011.asp.
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