Argentina Food Emulsifiers Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Argentina Food Emulsifiers Market Analysis
The Argentina Food Emulsifiers Market is anticipated to register a CAGR of 2.5% during the forecasted period (2020 - 2025).
- The food emulsifier market is witnessing rapid growth due to the increasing demand for processed food in the country and wide applications of the emulsifiers in the processed food industry are driving the market.
- The growth of the emulsifiers market is driven by the increasing use of emulsifiers in food products such as cereals, infant & child nutrition products, ready-to-eat meals & snacks, desserts, and others.
- Apart from this, the increasing penetration of organized retail in urban and rural centers are also boosting the food emulsifiers market in Argentina.
Argentina Food Emulsifiers Market Trends
This section covers the major market trends shaping the Argentina Food Emulsifiers Market according to our research experts:
Lecithin Holds A Major Share in Argentina
Lecithin is majorly sourced from the egg, soy, and sunflower. It is also used in various application areas such as food and beverage, feed, nutrition and supplements, pharmaceuticals, etc. The rising incidences of lifestyle-based health issues, such as cardiovascular diseases, obesity, osteoporosis, and diabetes, have fuelled consumers' need for food ingredients like lecithin, owing to its various medical benefits. Lecithin improves liver and cell functioning, fat transport and metabolism, healthy reproduction and child development, and offers better treatment for gallstone. These factors can boost the sales of the lecithin market which in turn will propel the growth of the market studied.
Growing Demand For Processed Meat in The Country
There is a growing demand for processed meat in the country. Over the past few years, the pork consumption in the country has grown by an average of 10% per annum and 65% in total, with the current per capita consumption at 17 kg driving the demand for processed pork products, presently. The growing demand for beef across various countries spiked prices in the domestic markets of Brazil and Argentina. Moreover, in 2019, the General Administration of Customs of China (GACC) granted permission for nine new Argentine beef plants to export frozen beef and chilled beef to China. Furthermore, owing to the rising demand for processed meat across the country, manufacturers operating in the global market are focusing on adopting strategic measures to expand their presence in the country.
Argentina Food Emulsifiers Industry Overview
Argentina food emulsifier market is dominated by international players. In order to increase the market shares, companies are focusing on developing new and innovative products, by targeting the new formulation for food emulsifiers. Moreover, companies are focusing on increasing production capacities of their existing plants, while investing in R&D activities. Thus, the market studied is expected to witness numerous product launches during the forecast period.
Argentina Food Emulsifiers Market Leaders
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Cargill, Incorporated
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Ingredion Incorporated
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Archer Daniels Midland Company
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Palsgaard A/S
*Disclaimer: Major Players sorted in no particular order
Argentina Food Emulsifiers Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Lecithin
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5.1.2 Monoglyceride Diglyceride and Derivatives
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5.1.3 Sorbitan Ester
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5.1.4 Polyglycerol Ester
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5.1.5 Other Types
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5.2 By Application
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5.2.1 Dairy and Frozen Products
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5.2.2 Bakery & Confectionery
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5.2.3 Beverages
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5.2.4 Meat and Seafood Products
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5.2.5 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Cargill, Incorporated
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6.3.2 Archer Daniels Midland Company
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6.3.3 DuPont de Nemours, Inc
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6.3.4 Koninklijke DSM N.V.
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6.3.5 Ingredion Incorporated
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6.3.6 Cordis Corporation
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6.3.7 Palsgaard A/S
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6.3.8 Alpha C.i.s.a.
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Argentina Food Emulsifiers Industry Segmentation
The Argentina Food Emulsifiers Market is segmented by Type into Lecithin, Monoglyceride, Diglyceride, and Derivatives, Sorbitan Ester, Polyglycerol Ester, and Other Types. On the basis of application, the market is segmented into Dairy and Frozen Products, Bakery, Meat, Poultry, and Seafood, Beverage, Confectionery, and Other Applications.
By Type | |
Lecithin | |
Monoglyceride Diglyceride and Derivatives | |
Sorbitan Ester | |
Polyglycerol Ester | |
Other Types |
By Application | |
Dairy and Frozen Products | |
Bakery & Confectionery | |
Beverages | |
Meat and Seafood Products | |
Other Applications |
Argentina Food Emulsifiers Market Research FAQs
What is the current Argentina Food Emulsifiers Market size?
The Argentina Food Emulsifiers Market is projected to register a CAGR of 2.5% during the forecast period (2024-2029)
Who are the key players in Argentina Food Emulsifiers Market?
Cargill, Incorporated, Ingredion Incorporated, Archer Daniels Midland Company and Palsgaard A/S are the major companies operating in the Argentina Food Emulsifiers Market.
What years does this Argentina Food Emulsifiers Market cover?
The report covers the Argentina Food Emulsifiers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Food Emulsifiers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Argentina Food Emulsifiers Industry Report
Statistics for the 2024 Argentina Food Emulsifiers market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Argentina Food Emulsifiers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.