Lucintel Forecasts Food and Beverage Emulsifier Market to Reach $4.3 Billion by 2027

Market-Research

According to the recent study the food and beverage emulsifier market is projected to reach an estimated $4.3 billion by 2027 from $3.2 billion in 2021, at a CAGR of 5% from 2021 to 2027. Growth in this market is primarily driven by increasing consumption of convenience foods and increasing demand for dairy products.

Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in food and beverage emulsifier market by application (bakery, confectionary, beverages, dairy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Dairy product market is expected to remain the largest segment during the forecast period.”

Based on application, the food and beverage emulsifier market is segmented into bakery, confectionary, beverages, dairy, and others. Lucintel forecasts that the dairy product market is expected to remain the largest segment due to increased consumption of various type of dairy products globally.

“Asia pacific will dominate the food and beverage emulsifier market in near future”

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to high consumption of food and beverage products, growing population, rising income and urbanization in the region.

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Major players of food and beverage emulsifier market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cargill Inc., Archer Daniels Midland Company, Corbion NV, Riken Vitamin Co. Ltd, Lonza Group AG, and BASF SE are among the major food and beverage emulsifier providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/food-and-beverage-emulsifier-market.aspx or helpdesk@lucintel.com