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    Sucrose Esters Market Report

    Sucrose Esters Market Report
    Report code - SRAM663 Delivery - 2 Weeks
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    Sucrose Esters Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2 See more...

    Impact of COVID-19 on Sucrose Esters Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Sucrose Esters Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Sucrose esters market is likely to witness an impressive CAGR of 5.3% during the forecast period. The major factor contributing to the demand for sucrose esters is mainly the increasing trend of spending on convenience food products in developing countries, owing to their multifunctional properties.

    Sucrose Esters Market - Snapshot

    Growth

    5.3% for the next five years

    Major Application Type

    Food

    Dominant Form Type

    Powder

    Region with the highest demand

    Europe

    Key Players

    BASF SE, Evonik Industries AG, P&G Chemicals, Croda International Plc, Mitsubishi Chemicals Corporation, Sisterna, Stearinerie Dubois, Dai-Ichi Kogyo Seiyaku, Alfa Chemicals, and FELDA IFFCO.

    Segment Analysis

    Sucrose-Esters-Market-Dominant-Segments

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    Sucrose Esters Market Share: By Application Type

    Based on the application type, the market is segmented as food, personal care products, detergents & cleansers, and others. The food segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. Sucrose esters are used in a wide range of applications under the food segment such as bakery products, confectioneries, cereals, dairy products, meat products, and soups & sauces. They are used as a low-fat alternative to maximize the mouthfeel provided by fats. Besides emulsification, they possess various other properties such as aeration, texturizing, protein protection, and sugar crystallization, thereby increasing their consumption in the food industry.

    Sucrose Esters Market Share: By Form Type

    Based on the form type, the sucrose esters market is segmented as powder, liquid, and pellet. The powder segment dominates the market, as food is the largest market for the powdered form of sucrose esters, followed by other applications. The consumption of the powdered form is mainly influenced by its properties to mix uniformly with other ingredients during the processing stage.

    Sucrose Esters Market Share: By Region

    In terms of regions, Europe is estimated to be the largest sucrose esters market, whereas Asia-Pacific is expected to remain the fastest-growing region during the forecast period, with lucrative growth opportunities. The growth of the European market is driven by various factors, such as large-scale production and consumption of bakery, dairy, and confectionery products, which is generating huge demand for the food & beverage manufacturers who focus on product innovations using novel food ingredients, and rising awareness among consumers, which has led to the increased inclination of manufacturers to comply with the standards introduced by the EU. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the foreseen duration.

    Sucrose-Esters-Market-By-Region

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    Market Scope & Segmentation

    Sucrose esters or sucrose fatty acids are groups of esters which are synthesized by esterification of sucrose and fatty acids such as Lauric acid, Palmitic acid, Stearic acid, and others. They own various properties, such as water solubility and have a variable Hydrophilic-Lipophilic balance (HLB) value which gives sucrose esters exceptional emulsifying properties.

    Sucrose esters are available in different forms, such as powder, liquid, and pellet that are used in various applications, such as food, personal care products, detergents & cleansers, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Sucrose Esters Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The sucrose esters market is segmented into the following categories. 

    Sucrose Esters Market Size, Share, & Forecast, by Application Type:

    • Food
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Bakery Products, Confectioneries, Dairy Products, Cereals, Soups & Sauces, Beverages, Meat Products, and Others)
    • Personal Care Products
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Cosmetics and Others)
    • Detergents & Cleansers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Sucrose Esters Market Size, Share, & Forecast, by Form Type:

    • Powder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Liquid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pellet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Sucrose Esters Market Size, Share, & Forecast, by Function Type:

    • Protein & Starch Interaction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Antimicrobial Property (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Controlled Sugar Crystallization (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Emulsification (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aeration (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Sucrose Esters Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Sucrose-Esters-Market-Segmentation

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    Key Players

    Some of the major players in the sucrose esters market are-

    • BASF SE
    • Evonik Industries AG
    • P&G Chemicals
    • Croda International Plc
    • Mitsubishi Chemicals Corporation.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the form types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The sucrose esters market is expected to witness an impressive growth of 5.3% CAGR in the foreseeable future.

    BASF SE, Evonik Industries AG, P&G Chemicals, Croda International Plc, and Mitsubishi Chemicals Corporation are among the key players in the sucrose esters market.

    Europe is expected to be the largest sucrose esters market during the forecast period of 2021-26.

    Asia-pacific is expected to remain the fastest growing sucrose esters market in the coming five years.

    The powder segment dominates the market, as food is the largest market for the powdered form of sucrose esters, followed by other applications.

    The food segment is expected to remain dominant application type in the sucrose esters market over the next five years.

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