Market Overview:
The global food sucrose esters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and rising awareness about the health benefits of sucrose esters. Sucrose esters are used as emulsifiers, stabilizers, and thickeners in various food applications such as dairy products, meat products, bakery products, cereals, and others. They help in improving the texture and flavor of food products while reducing fat content and extending shelf life. North America is expected to lead the global food sucrose esters market during the forecast period followed by Europe due to rising demand for convenience foods in these regions.
Product Definition:
Food sucrose esters are a type of food additive used to enhance the flavor and texture of foods. They are made by combining sugar molecules with fatty acids, and they can be used to improve the taste, mouthfeel, and shelf life of foods. Food sucrose esters are considered safe for human consumption, and they are commonly found in processed foods such as candy bars, ice cream, and baked goods.
Powder:
Powder is a concentrated liquid made up of sugar. It's major applications are in food & beverage, pharmaceuticals and cosmetics industries. Food & beverage industry dominates the market for powder usage owing to its high demand as an anti-caking agent and sweetener. The growth factor for this market is increasing demand from developing countries such as China, India, Vietnam and Thailand due to rising population coupled with growing awareness about health issues related to high sugar content in these regions.
Liquid:
Liquid is a transparent, odorless, water-soluble compound. It is widely used as an ingredient in food products such as soft drinks, ice creams and candy. The liquid also finds application in pharmaceuticals and cosmetics for its sweet taste.
The global sucrose esters market has witnessed significant growth over the past few years on account of increasing demand from confectionery industry which uses it to increase shelf life of chocolates.
Application Insights:
The global food sucrose esters market is segmented on the basis of application into dairy products, meat products, bakery & confectionery products, and other food. The dairy product segment accounted for a significant share in 2017 and is expected to witness growth over the forecast period. This can be attributed to increasing demand for flavored milk beverages and ice creams from various countries such as India, China, Indonesia etc. Rising demand for low-fat milk across the globe has increased consumption of sugar alcohols such as sorbitol which in turn will boost market growth over the next eight years.
Sugar alcohols are used extensively in manufacturing meat-based foods due to their moisture-binding properties that help keep meats moist during storage & transportation without adding excessive amounts of water or fat content like polyols or glycerin derivatives do.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness growth on account of rising demand for food products with reduced calorie levels and high nutritional content. In addition, growing health awareness among consumers is anticipated to drive product demand in this region over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to rapid industrialization and urbanization along with increasing per capita income levels in emerging economies such as China, India, Indonesia, Malaysia and Thailand are expected boost product consumption over the forecast period.
Europe also held a significant share of global revenue in 2017 due primarily growth dairy applications followed by bakery applications owing largely declining sugar beet crop yields coupled which has led major producers including Cargill Inc.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increase in the demand for convenience foods. Food sucrose esters offer a convenient and easy way to add flavor and sweetness to food products without any additional processing steps. This is likely to drive the growth of the food sucrose esters market in the coming years.
- Rising awareness about health benefits of sugar substitutes: There is a growing awareness among consumers about the health benefits of sugar substitutes such as food sucrose esters. This is likely to boost demand for food sucrose esters in the coming years.
- Growing popularity of functional foods: Functional foods are those that offer additional health benefits beyond basic nutrition, such as reducing risk of disease or improving overall well-being. Food sucrose esthers are often used in functional foods due their ability to provide sweetness and flavor with no added calories or processing steps required. This is expected to fuel growth of the food sucrose esthers market in future years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Sucrose Esters Market Research Report
By Type
Powder, Liquid, Pellet
By Application
Dairy Products, Meat Products, Bakery Products, Cereals, Other
By Companies
BASF, Evonik Industries, P&G Chemicals, Croda International, Mitsubishi Chemicals, Sisterna, Stearinerie Dubois, Dai-Ichi Kogyo Seiyaku
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Food Sucrose Esters Market Report Segments:
The global Food Sucrose Esters market is segmented on the basis of:
Types
Powder, Liquid, Pellet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dairy Products, Meat Products, Bakery Products, Cereals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Evonik Industries
- P&G Chemicals
- Croda International
- Mitsubishi Chemicals
- Sisterna
- Stearinerie Dubois
- Dai-Ichi Kogyo Seiyaku
Highlights of The Food Sucrose Esters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Liquid
- Pellet
- By Application:
- Dairy Products
- Meat Products
- Bakery Products
- Cereals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Sucrose Esters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food sucrose esters are a type of artificial sweetener that is made from the sugar molecule glucose and an alcohol. They are often used in foods and drinks to make them more palatable or to replace sugar.
Some of the major companies in the food sucrose esters market are BASF, Evonik Industries, P&G Chemicals, Croda International, Mitsubishi Chemicals, Sisterna, Stearinerie Dubois, Dai-Ichi Kogyo Seiyaku.
The food sucrose esters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Sucrose Esters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Sucrose Esters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Sucrose Esters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Sucrose Esters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Sucrose Esters Market Size & Forecast, 2020-2028
4.5.1 Food Sucrose Esters Market Size and Y-o-Y Growth
4.5.2 Food Sucrose Esters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.2.3 Pellet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dairy Products
6.2.2 Meat Products
6.2.3 Bakery Products
6.2.4 Cereals
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Sucrose Esters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Sucrose Esters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
9.6.3 Pellet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dairy Products
9.10.2 Meat Products
9.10.3 Bakery Products
9.10.4 Cereals
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
10.6.3 Pellet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dairy Products
10.10.2 Meat Products
10.10.3 Bakery Products
10.10.4 Cereals
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
11.6.3 Pellet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dairy Products
11.10.2 Meat Products
11.10.3 Bakery Products
11.10.4 Cereals
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
12.6.3 Pellet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dairy Products
12.10.2 Meat Products
12.10.3 Bakery Products
12.10.4 Cereals
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
13.6.3 Pellet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dairy Products
13.10.2 Meat Products
13.10.3 Bakery Products
13.10.4 Cereals
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Sucrose Esters Market: Competitive Dashboard
14.2 Global Food Sucrose Esters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Evonik Industries
14.3.3 P&G Chemicals
14.3.4 Croda International
14.3.5 Mitsubishi Chemicals
14.3.6 Sisterna
14.3.7 Stearinerie Dubois
14.3.8 Dai-Ichi Kogyo Seiyaku
