The Sucrose Esters Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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In accordance with The Business Research Company’s Sucrose Esters Global Market Report 2024, the sucrose esters market has exhibited robust growth in recent years, poised to ascend from $91.33 billion in 2023 to a formidable $99.69 billion in 2024, representing a commendable compound annual growth rate (CAGR) of 9.2%. The surge in historical trends is attributable to the pervasive applications in food emulsification, cosmetics, and personal care, spurred by an escalating demand for sustainable food ingredients, adherence to natural and clean label trends, and dynamism within the beverage industry.
Forecasts illuminate a continued ascent in the sucrose esters market size, projecting an impressive leap to $141.82 billion by 2028, underpinned by an identical CAGR of 9.2%. This anticipated growth is underpinned by an expanding role of sucrose esters in functional foods and nutraceuticals, embracing the global health and wellness paradigm, leveraging biodegradable surfactants, amplifying awareness of sucrose esters’ myriad benefits, and aligning with pharmaceutical innovations. Notable trends on the horizon encompass heightened emphasis on improved texture and mouthfeel, the integration of cutting-edge microencapsulation techniques, a surge in biodegradable cleaning products, and continuous advancements in manufacturing technologies.
Increasing health awareness among the consumers is driving the growth of the sucrose esters market. Sucrose esters are a low-fat alternative in the food processing industry. Consumers are becoming more health-conscious and diligent about their food consumption, and they are demanding low fat, low sugar foods such as baked foods, sweets, dairy products, and others. Sucrose esters, which have emulsification and fat-replacing properties, are increasingly being used in the food and beverage industries to produce healthy foods. according to the 2022 Food and Health Survey published by International Food Information Council, a US-based nonprofit educational organization, in 2022, 52% of Americans say they followed a diet or eating pattern in the previous year, which is a significant increase from the previous few years’ figures of 39% in 2021, 43% in 2020, and 38% in 2019. Consumers under the age of 50 account for the majority of the rise in diets. This year, calorie tracking (13%), clean eating (16%), mindful eating (14%), and plant-based eating (12%), respectively, are the most popular diets or eating habits. Therefore, the increasing health awareness among consumers is expected to propel the sucrose esters market going forward.
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The sucrose esters market covered in this report is segmented –
1) By Form: Powder, Liquid, Pellet
2) By Function: Protein And Starch Interaction, Antimicrobial Property, Controlled Sugar Crystallication, Emulsification, Aeration
3) By End-User: Food And Beverages, Detergents And Cleansers, Cosmetics And Personal Care, Other End-Users
Top 5 Major Players:
A notable emergent trend within the sucrose esters landscape is the ascendancy of natural-based sucrose emulsifiers, gaining traction with substantial acclaim. Leading entities in the sucrose esters domain are actively fostering sustainable product development, particularly geared towards future deployment in skincare and detergent formulations. A compelling exemplar is Siltech Corporation, a distinguished Canada-based manufacturer and distributor specializing in organo-functional silicone compounds. In March 2022, Siltech Corporation unveiled Silube Sustain-S, an innovative silicone emulsifier meticulously crafted to emulate sugar, featuring Gluconamido Lauryl Dimethicone (and) Isoamyl Laurate as its INCI nomenclature. This pioneering product, designed for formulations enriched with bio-based carbon, is a paradigm of sustainability, encapsulated in RSPO mass balance-grade, vegetable-derived isoamyl laurate—a 100% natural and entirely biodegradable carrier. Silube Sustain-S seamlessly marries performance advantages with eco-conscious formulations, exemplifying the evolutionary trajectory of sucrose esters in the realm of specialty silicone emulsifiers.
The sucrose esters market report table of contents includes:
1. Executive Summary
2. Sucrose Esters Market Characteristics
3. Sucrose Esters Market Trends And Strategies
4. Sucrose Esters Market – Macro Economic Scenario
5. Global Sucrose Esters Market Size and Growth
…..
31. Global Sucrose Esters Market Competitive Benchmarking
32. Global Sucrose Esters Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Sucrose Esters Market
34. Sucrose Esters Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Sucrose Esters Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Sucrose Esters Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Sucrose Esters Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Sisterna BV Financial Performance
Table 75: Alfa Chemicals Ltd. Financial Performance
Table 76: Compass Foods Pte. Ltd. Financial Performance
Table 77: Croda International Financial Performance
Table 78: Dai-Ichi Kogyo Seiyaku Financial Performance
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