Canada Food Emulsifier Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.30 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Canada Food Emulsifier Market Analysis
The Canadian food emulsifier market is projected to grow at a CAGR of 4.3% during the forecast period 2020 - 2025.
- The market is primarily driven by its growing number of end-use applications due to the multifunctional attributes of emulsifiers, along with the increase in consumption of convenience foods and premium products. These food emulsifiers have applications in various food industries such as bakery, dairy products, soups & sauces, and seasoning & condiments, and other applications. Thus, the high versatility of food emulsifiers is anticipated to further strengthen its demand over the forecast period.
- Furthermore, the trend of preference shift towards clean label ingredients in the country is expected to boost the requirement of natural and bio-based ingredients in the near future, thus providing scope for the consumption of natural emulsifying materials to a considerable extent over the forecast period.
Canada Food Emulsifier Market Trends
This section covers the major market trends shaping the Canada Food Emulsifiers Market according to our research experts:
Rising Demand for Lecithin in Canada
The lecithin market in Canada has witnessed a significant demand in recent years owing to the rising incidences of lifestyle-based health issues, such as cardiovascular diseases, obesity, osteoporosis, and diabetes, which have fuelled the consumers' need for food ingredients like lecithin. The majority of the demand for lecithin is from the food and pharmaceutical industry as in the food industry it is used as a food additive because of its functional property of anti-spatter and emulsifier. Liquid lecithin is used majorly in bakery & confectionery & industrial applications. Whereas powder lecithin is used in instant dry mixes, beverage premixes, etc.
Acquisitive Demand of Food Emulsifiers in Beverage Industries
In the food and beverage industry, emulsifiers are being widely used in beverage products, especially in the liquid food and beverage industry since in many cases it is essential to keep the texture of processed foods more attractive to consumers. In addition, emulsifiers allow water and oil to remain mixed in an emulsion, increasing homogeneity of the beverage product, thus increasing the stability and acceptance of the product. This is expected to strengthen its demand in beverage industries.
Canada Food Emulsifier Industry Overview
The Canadian food emulsifier market is highly competitive and fragmented in nature owing to the presence of many regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the county's market include Corbion NV, BASF SE, Kerry Inc., ADM, and Caldic B.V., among others.
Canada Food Emulsifier Market Leaders
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Corbion NV
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BASF SE
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Kerry Inc.
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Caldic B.V.
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Bulk Barn Foods Limited
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Archer Daniels Midland Company
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Kerry Group plc
*Disclaimer: Major Players sorted in no particular order
Canada Food Emulsifier Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Type
- 5.1.1 Lecithin
- 5.1.2 Monoglyceride, Diglyceride, and Derivatives
- 5.1.3 Sorbitan Ester
- 5.1.4 Polyglycerol Ester
- 5.1.5 Other Types
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5.2 By Application
- 5.2.1 Dairy
- 5.2.2 Bakery
- 5.2.3 Meat, Poltry, and Seafood
- 5.2.4 Beverage
- 5.2.5 Confectionery
- 5.2.6 Other Applications
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
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6.3 Company Profiles
- 6.3.1 Corbion NV
- 6.3.2 BASF SE
- 6.3.3 Kerry Group Plc.
- 6.3.4 Archer Daniels Midland Company
- 6.3.5 Caldic B.V.
- 6.3.6 Bulk Barn Foods Limited
- 6.3.7 Botanic Planet
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityCanada Food Emulsifier Industry Segmentation
The Canada food emulsifier market has been segmented by type into lecithin, monoglyceride, diglyceride, and derivatives, sorbitan ester, polyglycerol ester, and other types; and by application into dairy and frozen products, bakery, meat, poultry, and seafood, beverage, confectionery, and other applications.
By Type | Lecithin |
Monoglyceride, Diglyceride, and Derivatives | |
Sorbitan Ester | |
Polyglycerol Ester | |
Other Types | |
By Application | Dairy |
Bakery | |
Meat, Poltry, and Seafood | |
Beverage | |
Confectionery | |
Other Applications |
Canada Food Emulsifier Market Research FAQs
What is the current Canada Food Emulsifiers Market size?
The Canada Food Emulsifiers Market is projected to register a CAGR of 4.30% during the forecast period (2024-2029)
Who are the key players in Canada Food Emulsifiers Market?
Corbion NV, BASF SE, Kerry Inc., Caldic B.V., Bulk Barn Foods Limited, Archer Daniels Midland Company and Kerry Group plc are the major companies operating in the Canada Food Emulsifiers Market.
What years does this Canada Food Emulsifiers Market cover?
The report covers the Canada Food Emulsifiers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canada Food Emulsifiers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canada Food Emulsifier Industry Report
Statistics for the 2024 Canada Food Emulsifier market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Food Emulsifier analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.