India Food Emulsifiers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Food Emulsifiers Market Analysis
The Indian food emulsifier market (henceforth, referred to as the market studied) is projected to register a CAGR of 9.8% during the forecast period (2020 - 2025).
- India being a developing country with a very high population rate, the increasing disposable income of people and busy lifestyle is leading to the demand for convenient processed foods and ready-to-eat products. Thus, the market studied has received a boost in its growth due to its application in the processed food industry.
- Rapidly evolving retail landscape and an influx of multiple brands across various product categories have boosted the market, primarily due to the booming food processing industry.
- Additionally, the demand for bakery products, like chocolates, pastries, and cakes, has been increasing across the country, thus, making emulsifier an essential additive.
India Food Emulsifiers Market Trends
This section covers the major market trends shaping the India Food Emulsifiers Market according to our research experts:
Demand for Packaged and Convenience Food
A rapidly rising population and greater levels of urbanization in India have boosted the demand for processed food products, thus, driving the demand for food ingredients. In Asian countries, like India and China, with greater disposable incomes and busy lifestyles, the demand for packaged, processed and ready-to-eat foods are increasing. The manufacturers of food emulsifiers are seeing an increased demand from food manufacturers to preserve the freshness, safety, taste, appearance, and texture of the processed foods. All food emulsifiers are required to be approved by appropriate authorities and organizations must ensure strict limits on added amounts and types of emulsifiers in processed foods. Every emulsifier must be included in the ingredients listing on a package to ensure choice for the convenience-demanding consumers.
Dairy and Frozen Products is the Largest Segment by Application
India is the prominent producer of milk in the world and, thus, the demand for flavored milk, recombined milk, which is made from milk powder, and chocolate milk drives the emulsifier market in the dairy industry. The emulsifiers used in different flavored dairy drinks include Lecithin (E322) and (E436). The increasing demand for premium ice creams in India influences the use of emulsifiers, especially E471, which is a derivative of mono diglyceride and owes functional properties, like viscosity, stability and fat reduction, for example, it is used in Amul's chocolate chip ice cream, strawberry ice cream, and Moroccan dry fruit Rich cr猫me. The major players in India's frozen dessert and ice cream industry include Hindustan Unilever Limited, GCMMF, Vadilalindustries, Havmor foods, Devyani food industries, Mother Dairy Fruits and Vegetables, and HatsunAgro Products.
India Food Emulsifiers Industry Overview
The market studied is dominated by international players, such as ADM, Kerry Group, Ingredion Incorporated, and others. In the market studied, companies are not only competing on the basis of product quality and promotion but are also focused on strategic initiatives, in order to account for prominent market shares. New product launches, partnerships, expansions, and acquisitions are the major strategies adopted by the leading companies in the market studied.
India Food Emulsifiers Market Leaders
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Archer Daniels Midland Company
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Ingredion Incorporated
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Kerry Inc.
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AAK
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Puratos Group
*Disclaimer: Major Players sorted in no particular order
India Food Emulsifiers Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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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 Application
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5.1.1 Dairy and Frozen Products
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5.1.2 Bakery
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5.1.3 Meat, Poultry, and Seafood
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5.1.4 Beverage
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5.1.5 Confectionery
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5.1.6 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 DSM
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6.4.2 AAK
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6.4.3 Archer Daniels Midland Company
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6.4.4 Ingredion Incorporated
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6.4.5 Kerry Inc.
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6.4.6 Puratos Group NV
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6.4.7 Corbion NV
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
India Food Emulsifiers Industry Segmentation
The market studied is categorized by application and is segmented as dairy and frozen products, bakery, meat, poultry, and seafood, beverage, confectionery, and other applications.
| By Application | |
| Dairy and Frozen Products | |
| Bakery | |
| Meat, Poultry, and Seafood | |
| Beverage | |
| Confectionery | |
| Other Applications |
India Food Emulsifiers Market Research FAQs
What is the current India Food Emulsifiers Market size?
The India Food Emulsifiers Market is projected to register a CAGR of 9.80% during the forecast period (2024-2029)
Who are the key players in India Food Emulsifiers Market?
Archer Daniels Midland Company, Ingredion Incorporated, Kerry Inc., AAK and Puratos Group are the major companies operating in the India Food Emulsifiers Market.
What years does this India Food Emulsifiers Market cover?
The report covers the India Food Emulsifiers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Food Emulsifiers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Emulsifier in India Industry Report
Statistics for the 2024 Food Emulsifier in India market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Food Emulsifier in India analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
