Lucintel’s latest market report analyzed that emulsifiers in the global food additive provides attractive opportunities in the dairy & frozen product, bakery & confectionery, convenience food, and other markets. The emulsifier in the global food additive market is expected to reach $4 billion by 2028 with a CAGR of 5.5%. In this market, mono-Di-glycerides & derivatives is the largest segment by product, whereas bakery & confectionery is largest by application.
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Based on product, the emulsifiers in the global food additive market is segmented into lecithin, mono-di-glycerides & derivatives, sorbitan esters, stearoyl lactylates, and polyglycerol ester. The mono-Di-glycerides & derivatives segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to because it helps in delivering smooth texture while baking and stability while frosting.
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The Emulsifiers in the Global Food Additive Market is marked by the presence of several big and small players. Some of the prominent players offering emulsifiers in the global food additive include Adani Wilmar, Archer Daniels Midland, BASF, Corbion, Dupont Nutrition and Biosciences, Ingredion Incorporated, Kerry Group, Lasenor Emul, Palsgaard, and Riken Vitamin.
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