South America Food Emulsifiers Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.45 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Food Emulsifiers Market Analysis
South America food emulsifiers market is projected to grow at a CAGR of 5.45% during the forecast period (2020-2025)
- The South American region is a potential market, with the upcoming developments and rising disposable incomes. The demand for processed foods has risen dramatically in these regions, which promotes the use of food emulsifiers to clear the health safety checks and provide ample quantity.
- By application, bakery and confectionery dominate the market. Emulsifiers have various functional properties, such as protein strengthening, starch complexing, and aerating which makes it highly used under the bakery and confectionery sector.
- Global players are extensively entering the developing South America market by acquiring the local players of the region. Therefore, mergers and acquisition is the major strategy adopted by the leading players in order to strengthen their position in the market studied.
South America Food Emulsifiers Market Trends
This section covers the major market trends shaping the South America Food Emulsifiers Market according to our research experts:
Growing Demand for Specialty Food Ingredients
The consumers in South America have an interest in innovative and high-quality food products leading to drive the food industry. Moreover, owing to the increasing incidences of obesity in the region, the consumer inclination towards specialty ingredients drastically augmented. Moreover, an aging population has led to a growing interest in attaining wellness through healthy diets which also resulted in increased demand for specialty food ingredients in the region. Additionally, the consumers are highly aware of the global trends such as convenience, reliance, quality, pleasure, well-being, and sustainability that are the relevant attributes considered by the consumers, while purchasing food products. This is also encouraging the food and beverage manufacturers to use specialty ingredients including specialty emulsifiers such as Soy lecithin, mono- and diglycerides and others in their products.
Brazil is the Largest Market
Brazil is the world's fifth-largest and South America's largest economy. It is the largest country in South America, with the highest population, largest GDP, and the greatest number of trades in the continent. Additionally, Brazil is known for the increasing purchasing power of the consumers and an appetite for innovative, safe, and high-quality food products. As the income levels of consumers are increasing, the consumption of premium food is also increasing. Hence, it provides good opportunities to the processed food market, including the food emulsifiers market. The global players are expanding their business in the country with an aim to augment their market share as the country provides wider growth opportunities to the players. In 2017, Danish-based emulsifier specialist Palsgaard acquired Brazilian food ingredients company Candon Aditivos para Alimentos to expand their business in the country after witnessing the company's capabilities within the cake emulsification sector. Thus, driving the South America emulsifiers market.
South America Food Emulsifiers Industry Overview
The South America food emulsifiers market is highly competitive owing to the presence of varied regional and global players in the market studied. Major players are focusing on merger and acquisition strategies to capture the maximum market share. Acquiring these brands enable diversification and give these players access to stable cash flows and growth opportunities.
South America Food Emulsifiers Market Leaders
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Cargill, Incorporated
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Archer Daniels Midland
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BASF SEÂ
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Kerry Group plc
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Ingredion Incorporated
*Disclaimer: Major Players sorted in no particular order
South America 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 Type
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5.1.1 Lecithin
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5.1.2 Monoglyceride, Diglyceride & 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
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5.2.2 Bakery
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5.2.3 Meat, Poultry & Seafood
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5.2.4 Beverage
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5.2.5 Confectionery
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5.2.6 Other Applications
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5.3 Geography
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5.3.1 Brazil
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5.3.2 Argentina
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5.3.3 Colombia
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5.3.4 Rest of South America
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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 Corbion NV
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6.4.2 Cargill, Incorporated
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6.4.3 Archer Daniels Midland
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6.4.4 BASF SE
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6.4.5 Kerry Group plc
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6.4.6 Ingredion Incorporated
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6.4.7 RIKEN VITAMIN Co., Ltd.
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6.4.8 Stepan Company
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Food Emulsifiers Industry Segmentation
The South America food emulsifiers market is available as lecithin, monoglyceride, diglyceride, and derivatives, sorbitan ester, polyglycerol ester, and other types. By Application, the market is segmented into dairy, bakery, meat, poultry & seafood, beverage, confectionery, and other applications.
By Type | |
Lecithin | |
Monoglyceride, Diglyceride & Derivatives | |
Sorbitan Ester | |
Polyglycerol Ester | |
Other Types |
By Application | |
Dairy | |
Bakery | |
Meat, Poultry & Seafood | |
Beverage | |
Confectionery | |
Other Applications |
Geography | |
Brazil | |
Argentina | |
Colombia | |
Rest of South America |
South America Food Emulsifiers Market Research FAQs
What is the current South America Food Emulsifiers Market size?
The South America Food Emulsifiers Market is projected to register a CAGR of 5.45% during the forecast period (2024-2029)
Who are the key players in South America Food Emulsifiers Market?
Cargill, Incorporated, Archer Daniels Midland, BASF SEÂ , Kerry Group plc and Ingredion Incorporated are the major companies operating in the South America Food Emulsifiers Market.
What years does this South America Food Emulsifiers Market cover?
The report covers the South America Food Emulsifiers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Food Emulsifiers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Food Emulsifiers Industry Report
Statistics for the 2024 South America Food Emulsifiers market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. South America 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.