26-Sep-2024 | Zion Market Research
Zion Market Research has published a new report titled “Global Sucrose Esters Market – By Form (Powder, Liquid, and Pellet), By Function (Aeration, Antimicrobial Property, Emulsification, Protein & Starch Interaction, and Controlled Sugar Crystallization), By Application (Food, Personal Care Products, Detergents & Cleaners, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” According to the report, global demand for the Sucrose Esters market was valued over USD 82.63 Million in 2023, with projections indicating that it will reach USD 134.93 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 5.6% over the forecast period 2024-2032.
Browse the full “Global Sucrose Esters Market – By Form (Powder, Liquid, and Pellet), By Function (Aeration, Antimicrobial Property, Emulsification, Protein & Starch Interaction, and Controlled Sugar Crystallization), By Application (Food, Personal Care Products, Detergents & Cleaners, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/sucrose-esters-market
Food category is estimated to account for the largest share in the Sucrose Esters market
Food category dominates the Sucrose Esters market owing to the increasing application of sucrose esters in various products such as bakery, confectioneries, cereals, dairy products, meat products, and soups & sauces. In addition, the use of sucrose esters as a low-fat substitute to maximize the mouthfeel provided by fats. Other than emulsification, sucrose esters’ sugar crystallization, aeration, texturizing, and protein protection properties will increase its use in the food industry, thereby profiting the Sucrose Esters market.
Powder category is projected to dominate the global Sucrose Esters market during the forecast period
Powder category is expected to dominate the global Sucrose Esters market owing to the increasing demand for it in the food industry. Moreover, the powdered sucrose esters form is consumed on a large scale owing to its properties such as uniform mixing with additional ingredients at the time of processing, thereby bolstering the market growth.
Europe holds the largest share of the Sucrose Esters market
Europe is anticipated to dominate the global Sucrose Esters market during the forecast period. The Europe Sucrose Esters market is dominating basically due to the factors, including the massive production and consumption of bakery, dairy, and confectionery products in the region. In addition, the food & beverage manufacturers’ inclination toward producing innovative products using novel food ingredients will boom the Sucrose market growth. The rising awareness amid consumers has forced manufacturers to abide by the standards set by the EU, thereby supplementing the growth of the market in Europe.
Key Market Players
Some of the major players in the global Sucrose Esters market include Evonik Industries, FELDA IFFCO, BASF, Alfa Chemicals, P&G Chemicals, Mitsubishi Chemicals, Compass Foods, Croda International, Stearinerie Dubois, Dai-Ichi Kogyo Seiyaku, World Chem Industries, Sisterna, and Zhejiang Synose Tech.
Global Sucrose Esters Market: By Form Segmentation Analysis
Global Sucrose Esters Market: By Function (Qualitative) Segmentation Analysis
Global Sucrose Esters Market: By Application Segmentation Analysis
Global Sucrose Esters Market: By Regional Segmentation Analysis
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