Market Trends of Argentina Food Emulsifiers Industry
This section covers the major market trends shaping the Argentina Food Emulsifiers Market according to our research experts:
Lecithin Holds A Major Share in Argentina
Lecithin is majorly sourced from the egg, soy, and sunflower. It is also used in various application areas such as food and beverage, feed, nutrition and supplements, pharmaceuticals, etc. The rising incidences of lifestyle-based health issues, such as cardiovascular diseases, obesity, osteoporosis, and diabetes, have fuelled consumers' need for food ingredients like lecithin, owing to its various medical benefits. Lecithin improves liver and cell functioning, fat transport and metabolism, healthy reproduction and child development, and offers better treatment for gallstone. These factors can boost the sales of the lecithin market which in turn will propel the growth of the market studied.
Growing Demand For Processed Meat in The Country
There is a growing demand for processed meat in the country. Over the past few years, the pork consumption in the country has grown by an average of 10% per annum and 65% in total, with the current per capita consumption at 17 kg driving the demand for processed pork products, presently. The growing demand for beef across various countries spiked prices in the domestic markets of Brazil and Argentina. Moreover, in 2019, the General Administration of Customs of China (GACC) granted permission for nine new Argentine beef plants to export frozen beef and chilled beef to China. Furthermore, owing to the rising demand for processed meat across the country, manufacturers operating in the global market are focusing on adopting strategic measures to expand their presence in the country.
