Overview and Scope
The sucrose esters market consists of the sales of sucrose ester products by entities (organization, sole trader, and partnerships) that are a unique group of emulsifiers and low-fat alternatives used in food products including ice-cream, confectionery, dairy, and others. Sucrose Esters also perform other functions in food processing such as protein protection, aeration, hydrophilic-lipophilic, and starch interaction. Sucrose Esters have good conditioning and stabilizing properties. Sucrose esters are also used in the production of personal care products, laundry products, and detergents.
Sizing and Forecast
The sucrose esters market size has grown strongly in recent years. It will grow from <b>$91.33 billion in 2023 to $99.69 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. </b> 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 <b>$141.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. </b> 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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Segmentation & Regional Insights
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
<b>Europe</b> was the largest region in the sucrose esters market share in 2023. <b>Asia-Pacific</b> 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.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the sucrose esters market include <b> 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 </b>
The sucrose esters market report table of contents includes:
1. Executive Summary
2. Sucrose Esters Market Characteristics
3. Sucrose Esters Market Trends And Strategies
4. Sucrose Esters Market – Macro Economic Scenario
5. Global Sucrose Esters Market Size and Growth
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26. South America Sucrose Esters Market
27. Brazil Sucrose Esters Market
28. Middle East Sucrose Esters Market
29. Africa Sucrose Esters Market
30. Sucrose Esters Market Competitive Landscape And Company Profiles
Top Major Players:
- Sisterna BV
- Alfa Chemicals Ltd
- Compass Foods Pte. Ltd
- Croda International
- Dai-Ichi Kogyo Seiyaku
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