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North American Food Emulsifiers Market revenue to reach $1.5 Bn by 2026
Published Date: 2021-05-21
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North American Food Emulsifiers Market size is anticipated to cross USD 1.5 billion by 2026, according to a latest forecast report by Graphical Research.
Growing foods and beverage industry in North America due to increasing population and changing consumer buying preferences is likely to trigger the market demand. Also, rising consumer emphasize on taste experience and food appearance is expected to drive the demand for foods with appealing texture.
Glycerides are obtained from glycerol and fatty acids, constituting three hydroxyl functional groups. Monoglycerides and diglycerides are lipid compounds that are used in a wide range of applications. Monoglycerides and diglycerides are naturally present in some foods and can be added to foods for improving food texture and shelf life. These are used in breads, cakes, icing, pasta, and desserts for enhancing product quality.
Use of monoglycerides and diglycerides as emulsifiers has increased on account of rising consumption of baked and packaged foods. For improving product quality, food manufacturers are using food additives and ingredients that enhance product texture, which helps in attracting customers. Utilization of emulsifiers has also grown in food industry owing to growing emphasize on food texture and shelf life attributed to rising emphasize by customer focus on food quality.
The bakery and confectionery segment held more than USD 550 million revenue in 2019. Emulsifiers are utilized in baking goods for strengthening batter stability and increasing product shelf life. Growing demand for breads, pasta, and desserts in United States and Canada due to rising consumption of fast foods and snacks.
Browse detailed statistical insights from the report, “North America Food Emulsifiers Market Size By Product (Mono Di Glycerides & Derivatives, Lecithin, Stearoyl Lactylates, Sorbitan Esters, Others), By Application (Bakery & Confectionery, Food & Nutrition, Beverages, Dairy & Frozen Desserts, Sauces & Dressings, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026” along with the table of contents (ToC) @
The number of fast-food restaurants has increased from 245 thousand in 2017 to nearly 247 thousand in 2018. This rise in the number of fast-food service outlets has proliferated the demand for bread and buns and trigger the consumption of pasta, pastries, and pizzas. Such significant rise in the consumption of fast food has been boosting use of ingredients for fast food applications.
Evolving consumer eating preferences and growing consumer spending on packaged foods has been crucial for growth of North America food and beverage industry. Increasing urban population and rapid lifestyle among millennials has fueled the demand for convenience food and pre-cooked, which has stimulated the demand for preservatives and food additives. Fast foods service providers are offerings services like online food delivery and quick food deliver for luring new customers.
Such growth in the consumption of fast food may boost the use of emulsifiers as taste and texture enhancers. Further, growing health consciousness among millennials should also proliferate the consumption of sports drinks, juices, and nutritional beverages.
The North American food emulsifiers industry research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2015 to 2026 for the following segments:
North America Market, By Product
- Mono, Di-Glycerides & Derivatives
- Stearoyl Lactylates
- Sorbitan Esters
North America Market, By Application
- Bakery & Confectionery
- Food & Nutrition
- Dairy & Frozen Desserts
- Sauces & Dressings
The above information has been provided for the following countries:
- North America