Feb 10, 2020   SOURCE: BusinessWire

Global Sucrose Esters Market Size is Projected to Grow from USD 76 Million in 2019 to USD 106 Million by 2025 - ResearchAndMarkets.com

The "Sucrose Esters Market by Application (Food, Personal Care Products, Detergents & Cleaners), Form (Powder, Liquid, Pellet), and Region (North America, Europe, Asia Pacific, South America, Rest of the World) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global sucrose esters market size is projected to grow from USD 76 million in 2019 to USD 106 million by 2025, recording a compound annual growth rate (CAGR) of 5.7% during the forecast period.

Multifunctional properties of sucrose esters in the food & beverages, personal care, and pharmaceutical industry

The increasing trend of spending on convenience food products in developing countries and multifunctional properties of sucrose esters are the major factors that are projected to drive the growth of the sucrose esters market. However, the cost of reactants remains high during the formulation process of sucrose esters, which is projected to inhibit the growth of the market.

The dairy products subsegment in the food segment dominated the sucrose esters market throughout the forecasted period

Dairy products that witness an increased usage of sucrose esters include milk, ice-creams, flavoured yoghurts, coffee whiteners, and whipping cream. Sucrose esters witness high use in dairy products due to its functions, which include emulsification, aeration, and protein protection. The major benefits of using sucrose as an alternative in dairy products are preventing protein flocculation and improving flavour release. In ice-creams, sucrose esters help in preventing excessive cohesion of fats during freezing due to stable emulsification. Furthermore, when used in milk, it provides stable emulsion, prevents ring formation, and improves the quality of flavoured canned drinks, such as coffee and chocolate drinks. Due to these factors, the dairy segment is projected to dominate the market during the forecast period.

The liquid form of sucrose esters is projected to grow at a higher growth rate during the forecast period

Liquid sucrose esters are widely used in dairy-based desserts for enhanced emulsification and stabilization of fat globules. They are also used in flavoured beverages, including flavoured water and dairy-based canned beverages. In addition, they are used as foodstuffs in heat-treated packages or canned products, such as sausages and hams for both meat and fish. In personal care products, liquid sucrose esters are used to reduce the irritation potential of anionic surfactants and improve foam density and stability. Due to these factors, the liquid segment is projected to dominate the market during the forecast period.

The Asia Pacific region is projected to be the fastest-growing market during the forecast period.

The Asia Pacific region projected to grow at the highest CAGR between 2019 and 2025. The increasing demand for sucrose esters in food applications is projected to create lucrative growth opportunities for manufacturers in the market in the Asia Pacific region. Furthermore, the rise in awareness about the functional benefits of sucrose esters has led to increased usage in the personal care products segment. They benefit in improving the sensory properties of oil and natural butter, which lead to the growth of the sucrose esters market in countries, such as China, Japan, and India. According to a study published by the Food and Agriculture Organization (FAO) 2019, the usage of sucrose esters helps in the formation of flavour oil emulsions and stability. This has significantly gained the attention of various manufacturers to increase the production and usage of sucrose esters in the food and personal care industries. According to Adana Food Tech (China), sucrose esters are significant ingredients due to their functional benefits such as emulsification, crystallization, and aeration. The company also stated that the usage of sucrose esters in the Asia Pacific region has drastically increased year on year.

Key Benefits of Buying the Report

The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall sucrose esters market and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Segmentation

1.4 Regions Covered

1.5 Periodization Considered for the Study

1.6 Currency Considered

1.7 Volume Unit Considered

1.8 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Data Triangulation

2.4 Assumptions for the Study

2.5 Limitations of the Study

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Sucrose Esters Market

4.2 Market for Sucrose Esters: Major Regional Submarkets

4.3 Asia Pacific: Sucrose Esters Market, By Application & Key Country

4.4 Sucrose Esters Market, By Application & Region

4.5 Sucrose Esters Market in Food, By Type

4.6 Sucrose Esters Market in Personal Care Products, By Type

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.2 Restraints

5.2.3 Opportunities

5.2.4 Challenges

5.3 Value Chain

5.4 Yc Shift

5.5 Regulatory Framework

6 Sucrose Ester Market, By Application

6.1 Introduction

6.2 Food

6.3 Personal Care Products

6.4 Detergents & Cleansers

6.5 Other Applications

7 Market for Sucrose Esters, By Form

7.1 Introduction

7.2 Powder

7.3 Liquid

7.4 Pellet

8 Market for Sucrose Esters, By Function

8.1 Introduction

8.2 Protein & Starch Interaction

8.3 Antimicrobial Property

8.4 Controlled Sugar Crystallization

8.5 Emulsification

8.6 Aeration

9 Market for Sucrose Esters, By Region

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia Pacific

9.5 South America

9.6 Rest of the World (RoW)

10 Competitive Landscape

10.1 Introduction

10.2 Competitive Leadership Mapping

10.3 Start-Up Microquadrants

10.4 Competitive Scenario

11 Company Profiles

11.1 BASF

11.2 Evonik Industries

11.3 P&G Chemicals

11.4 Croda International

11.5 Mitsubishi Chemical Holdings Corporation

11.6 Sisterna

11.7 Alfa Chemicals

11.8 Dai-Ichi Kogyo Seiyaku

11.9 FELDA IFFCO

11.10 World Chem Industries

11.11 Compass Foods

11.12 Stearinerie Dubois

11.13 Zhejiang Synose Tech

11.14 Guangxi Gaotong Food Technology

11.15 Sinerga

11.16 Guanzhou Zio Chemical

11.17 Adana Food Tech

11.18 Alchemy Ingredients

11.19 B Joshi Agrochem Pharma

11.20 Alfa Aesar

For more information about this report visit https://www.researchandmarkets.com/r/508ccd