Market Overview:
The global sucrose stearate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The sucrose stearate market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into powder, pellets and other segments. The powder segment dominates the global sucrose stearate market with a share of more than 60%. On the basis of application, oral application dominates the global sucrose stearate market with a share of more than 50%. Topical application is expected to be one of fastest growing applications in global sucrose stearate market during forecast period from 2018 to 2030.
Product Definition:
Sucrose stearate is a sucrose molecule that has been esterified with stearic acid. It is a white, waxy solid that is insoluble in water but soluble in ethanol and other organic solvents. Sucrose stearate has many applications, including as an emulsifier, surfactant, and stabilizer. It is also used as a thickener and lubricant. The importance of sucrose stearate lies in its ability to stabilize emulsions and improve the stability of food products.
Powder:
Powder is a fine, dry, free-flowing powder made from sugarcane or sugar beets. It has high demand in the food & beverage industry as an sweetener and flavoring agent. The market for powder is expected to grow at a higher CAGR due to its increasing application in the food & beverage industry coupled with rising awareness among consumers regarding natural sweeteners.
Pellets:
Pellets is a granular solid, made up of individual sugar crystals. It has high moisture content and is used as an alternative to powdered sugar in food products like cakes, cookies & pastries and confectioneries. The product also finds application in pharmaceuticals & medical industries for the production of tablets or capsules owing to its fine particle size that helps enhance the quality of ingredients by evenly distributing the weight or volume of drugs inside a dosage form.
Application Insights:
The topical application segment held the largest share of the global sucrose stearate market in 2017. This is attributed to growing usage of this product as an active ingredient in various creams, ointments and lotions for protection against fungal infections, bacterial skin diseases and other skin disorders. In addition, it also finds its use as a preservative in these topical products.
Oral applications are expected to witness significant growth over the forecast period owing to rising demand from end-users such as food & beverage manufacturers.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in China, India, Japan and Southeast Asian countries. The region has been witnessing an increase in demand for personal care products due to growing consumer awareness regarding appearance and grooming. This has led Sucrose Stearate manufacturers in the region expand their business by introducing new products such as body lotions, shampoos etcetera.
Europe was the second largest market for sucrose stearate after Asia Pacific on account of high production volume coupled with presence of major application industries including cosmetics & personal care, pharmaceuticals & healthcare sectors which are driving product demand from 2017.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the sucrose stearate market. Convenience foods are those that can be prepared or served quickly and easily, without much effort. They are generally high in calories and low in nutritional value. Such food items are becoming increasingly popular among consumers, especially working professionals and young adults, due to their busy lifestyles. This is driving the demand for sucrose stearate as a thickening agent and stabilizer in food products, thereby propelling the market growth.
- Rising awareness about health benefits of natural ingredients: Consumers are becoming more aware about the health benefits of natural ingredients over synthetic additives present in processed foods. This is prompting them to shift towards healthier alternatives such as products containing sucrose stearate obtained from natural sources such as sugarcane molasses or beet molasses instead of chemically synthesized versions thereof. This is boosting the popularity of sucrose stearate-based products and driving market growth..
Scope Of The Report
Report Attributes
Report Details
Report Title
Sucrose Stearate Market Research Report
By Type
Powder, Pellets, Other
By Application
Oral Application, Topical Application
By Companies
Evonik, Mitsubishi-Kagaku Foods, Sisterna, Croda, Stearinerie Dubois
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Sucrose Stearate Market Report Segments:
The global Sucrose Stearate market is segmented on the basis of:
Types
Powder, Pellets, Other
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
Oral Application, Topical Application
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:
- Evonik
- Mitsubishi-Kagaku Foods
- Sisterna
- Croda
- Stearinerie Dubois
Highlights of The Sucrose Stearate 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
- Pellets
- Other
- By Application:
- Oral Application
- Topical Application
- 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 Sucrose Stearate 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
- Market Entry Strategies
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- Consumer Insights
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- 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?
Sucrose stearate is a type of sugar that has been processed to remove the water and fat. It is used as an ingredient in food products, such as ice cream, cake mixes, and candy.
Some of the major players in the sucrose stearate market are Evonik, Mitsubishi-Kagaku Foods, Sisterna, Croda, Stearinerie Dubois.
The sucrose stearate 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 Sucrose Stearate 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 Sucrose Stearate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sucrose Stearate 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 Sucrose Stearate 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 Sucrose Stearate Market Size & Forecast, 2020-2028
4.5.1 Sucrose Stearate Market Size and Y-o-Y Growth
4.5.2 Sucrose Stearate 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 Pellets
5.2.3 Other
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 Oral Application
6.2.2 Topical Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sucrose Stearate 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 Sucrose Stearate 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 Pellets
9.6.3 Other
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 Oral Application
9.10.2 Topical Application
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 Pellets
10.6.3 Other
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 Oral Application
10.10.2 Topical Application
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 Pellets
11.6.3 Other
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 Oral Application
11.10.2 Topical Application
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 Pellets
12.6.3 Other
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 Oral Application
12.10.2 Topical Application
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 Pellets
13.6.3 Other
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 Oral Application
13.10.2 Topical Application
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 Sucrose Stearate Market: Competitive Dashboard
14.2 Global Sucrose Stearate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 Mitsubishi-Kagaku Foods
14.3.3 Sisterna
14.3.4 Croda
14.3.5 Stearinerie Dubois
