The sucrose esters global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Sucrose Esters Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The sucrose esters market size has grown strongly in recent years. It will grow from $91.33 billion in 2023 to $99.69 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to food emulsification, cosmetics and personal care, increased demand for sustainable food ingredients, natural and clean label trends, beverage industry, .
The sucrose esters market size is expected to see strong growth in the next few years. It will grow to $141.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to increasing use of sucrose esters in functional foods and nutraceuticals, global health and wellness , biodegradable surfactants, growing awareness of sucrose esters’ benefits, pharmaceutical innovations.. Major trends in the forecast period include improved texture and mouthfeel, microencapsulation techniques, biodegradable cleaning products, advancements in manufacturing technologies, .
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Scope Of Sucrose Esters Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Sucrose Esters Market Overview
Market Drivers –
Increasing health awareness among the consumers is driving the growth of the sucrose esters market. Sucrose esters are a low-fat alternative in the food processing industry. Consumers are becoming more health-conscious and diligent about their food consumption, and they are demanding low fat, low sugar foods such as baked foods, sweets, dairy products, and others. Sucrose esters, which have emulsification and fat-replacing properties, are increasingly being used in the food and beverage industries to produce healthy foods. according to the 2022 Food and Health Survey published by International Food Information Council, a US-based nonprofit educational organization, in 2022, 52% of Americans say they followed a diet or eating pattern in the previous year, which is a significant increase from the previous few years’ figures of 39% in 2021, 43% in 2020, and 38% in 2019. Consumers under the age of 50 account for the majority of the rise in diets. This year, calorie tracking (13%), clean eating (16%), mindful eating (14%), and plant-based eating (12%), respectively, are the most popular diets or eating habits. Therefore, the increasing health awareness among consumers is expected to propel the sucrose esters market going forward.
The sucrose esters market covered in this report is segmented –
1) By Form: Powder, Liquid, Pellet
2) By Function: Protein And Starch Interaction, Antimicrobial Property, Controlled Sugar Crystallication, Emulsification, Aeration
3) By End-User: Food And Beverages, Detergents And Cleansers, Cosmetics And Personal Care, Other End-Users
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Regional Insights –
Europe was the largest region in the sucrose esters market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sucrose esters market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the sucrose esters market include Sisterna BV, Alfa Chemicals Ltd., Compass Foods Pte. Ltd., Croda International, Dai-Ichi Kogyo Seiyaku, Evonik Industries AG, Felda Iffco LLC, Guangxi Gaotong Food Technology, Guangzhou ZIO Chemical Co. Ltd., Mitsubishi Chemical Holdings Corporation, NatureWell Sucrose Esters, P&G Chemicals, Stearinerie Dubois, World Chem Industries, Zhejiang Synose Tech Co. Ltd., Alfa Chemicals, Archer Daniels Midland Company, BASF SE, Bunge Limited, Cargill Inc., Corbion N.V., Dupont de Nemours Inc., Estelle Chemicals Pvt. Ltd., Guangzhou CARDLO Biotechnology Co. Ltd., Guangzhou City Jiaxin Chemical Co. Ltd., Guangzhou Jiahua Chemical Co. Ltd., Guangzhou Langs Chemical Additives Co. Ltd., Guangzhou Tinci Materials Technology Co. Ltd., Guangzhou Top Billion Trading Co. Ltd., Guangzhou Zeyu Biotechnology Co. Ltd., Kerry Group, Lonza Group, Mitsubishi Chemicals, Musim Mas Holdings Pte. Ltd., Oleon NV
Table of Contents
1. Executive Summary
2. Sucrose Esters Market Characteristics
3. Sucrose Esters Market Trends And Strategies
4. Sucrose Esters Market – Macro Economic Scenario
5. Sucrose Esters Market Size And Growth
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31. Global Sucrose Esters Market Competitive Benchmarking
32. Global Sucrose Esters Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Sucrose Esters Market
34. Sucrose Esters Market Future Outlook and Potential Analysis
35. Appendix
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