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(MoneyNewsWire.Net, September 19, 2017 ) The Latin America Food Emulsifiers Market was worth $0.29 billion in 2016 and estimated to be growing at a CAGR of 4.80%, to reach $0.36 billion by 2021. Food emulsifiers market is considered to be one of the fastest growing segments of food additives market due to the growing trend towards reducing fat content in the processed food & beverage products.
Emulsifiers are widely used across the globe as these improve the texture, product consistency, aid in blending the ingredients well and provide good taste to the product. The significance of using emulsifiers in various food products is due to having functional properties and numerous benefits associated with its use.
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The growth of the Latin America Food Emulsifiers is majorly driven by factors such as rising population and increasing consumer awareness towards trans-fat products. New processing techniques used for product development have also invariably raised the market for food emulsifiers. Rising Demand for natural emulsifiers by consumers is restraining the growth of the market.
The Latin America Food Emulsifiers markets is segmented based on type, application and source. The market for Food Emulsifiers, on the basis of type, is classified into Mono-Glycerides, Di-Glycerides, Lecithin, Sorbitan Esters, and Stearoyl Lactylates & Polyglycerol Esters. On the basis of Application, the global Food Emulsifiers market is segmented into Bakery, Confectionery, Convenience & Dairy, and Meat. On the basis of Source, the global Food Emulsifiers market is segmented into Plant & Animal. Bakery application dominates the market share with more than half of the share in terms of value as well as volume.
The Latin America market is one of the fastest growing markets for Food Emulsifiers. South America is an emerging market with huge potential and strong growth rates. Brazil accounts for the largest market share in the region with more than 45% of the market and is expected to lead the market during the forecast period.
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Some of the major companies dominating the market in this region are Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Cargill, Incorporated (U.S.), Kerry Group Plc. (Ireland), and Ingredion Incorporated (U.S.).
Market Segmentation
1) By Type
Mono-Glycerides
Di-Glycerides
Lecithin
Sorbitan Esters
Stearoyl Lactylates
Polyglycerol Esters
2) By Application
Bakery
Confectionery
Convenience & Dairy
Meat
3) By Source
Plant
Animal
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Reasons to buy Latin America Food Emulsifiers Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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