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The food emulsifiers market share in India is expected to increase by USD 40.74 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.20%.
This food emulsifiers market in India research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers food emulsifiers market in India segmentations by source (plant-based and animal-based) and application (dairy products, bakery and confectionery, convenience foods, and others). The food emulsifiers market in India report also offers information on several market vendors, including AAK AB, Archer Daniels Midland Co., BASF SE, Cargill Inc., Corbion NV, DuPont de Nemours Inc., Gujarat Ambuja Exports Ltd., Ingredion Inc., Kerry Group Plc, and Puratos Group NV among others.
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The growing demand from the bakery and confectionery industries is notably driving the food emulsifiers market growth in India, although factors such as the rise in the demand for enzymes as a substitute for emulsifiers may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the food emulsifiers industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Food Emulsifiers Market Driver in India
The growing demand from the bakery and confectionery industries is one of the key drivers supporting the food emulsifier market growth in India. There are many varieties of emulsifiers available in the market. Thus, the growth of the bakery and confectionery market is interdependent on the growth of the food emulsifiers market in India. Meanwhile, chocolate and sugar confectionery products both use emulsifiers. They act as functional additives that provide benefits during the processing and storage of chocolates and sugar confectioneries. For example, emulsifiers break down the fat into small fat globules in food such as caramel and toffee that contain dispersed fat phases. They also provide lubrication that makes the processing of food easier. Thus, the growing demand for food emulsifiers from the bakery and confectionery industries is expected to positively impact the market during the forecast period.
Key Food Emulsifiers Market Trend in India
Growing demand for emulsifiers from emerging economies is one of the key trends contributing to the food emulsifiers market growth in India. Changing urban lifestyles have given rise to the demand for processed food. Emulsifiers are essential ingredients in most processed food. They are heavily demanded by the manufacturers of such food. Furthermore, the multi-functional capacity of emulsifiers to bind water and oil and improve processing rate and shelf lives leads to high-quality food products. Manufacturers of various bakery and confectionery products and convenience/RTE food regularly utilize food emulsifiers. Developing economies such as Brazil, Argentina, and India are expected to become the key markets for food emulsifiers during the forecast period. Therefore, the growing demand for emulsifiers from emerging economies will further enhance the growth of the market during the forecast period.
Key Food Emulsifiers Market Challenge in India
The rise in the demand for enzymes as a substitute for emulsifiers is one of the factors hindering the food emulsifiers market growth in India. Although the time taken by different enzymes to work with ingredients vary from that of emulsifiers, certain enzymes perform a swifter action. This indicates that enzymes can be a good alternative to food emulsifiers. Also, enzymes are more cost-effective. There are different enzymes available in the market. They are often used during the handling, mixing, and fermentation stages of dough. Thus, enzymes help in the better processing of food in baking. The rise in the demand for enzymes as a substitute for emulsifiers is expected to negatively impact the market during the forecast period.
This food emulsifiers market in India analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the food emulsifiers market in India as a part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the food emulsifiers market in India during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the food emulsifiers market in India encompasses successful business strategies deployed by the key vendors. The food emulsifiers & natural food additives, the market in India is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.The food emulsifiers market in India forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our In-house experts produce extensive information on the value chain, and parent market of Food Emulsifier which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-end understanding of product insight and profit also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the Report.
The value chain of the commodity chemicals market includes the following core components:
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Source
7 Customer landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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