Sucrose Esters Market Growth Drivers, Trends, and Forecast by 2031

MARKET INTRODUCTION

Sucrose esters sometimes called sucrose fatty acid esters are derived by esterifying sucrose with edible fatty acids. By varying the degree of esterification, it is possible to obtain sucrose ester emulsifiers with hydrophilic-lipophilic balance (HLB) values ranging from 1 to 16. The typical ingredients used in manufacturing sucrose esters are sugars derived from sugar beet and sugar cane and methyl fatty acids from palm and coconut oils. Sucrose esters are extensively used in food preservatives, drugs and medicines, personal care, cosmetics, plastics, fine chemicals, and industries. They are watersoluble, UHT-stable, colorless, odorless, and have no taste.

MARKET DYNAMICS

The global sucrose esters market is growing at a significant pace owing to driving factors such as increasing demand from the food industry. Sucrose esters are used as food additives in processed foods. They possess unrivaled emulsion properties making them suitable for uses in food-stuffs such as mayonnaise, dressings, sauces, milk alternatives, low fat fillings, cereal bars, aerating dairy desserts such as mousse, ice cream, whipped toppings etc. Sucrose esters E 473 is used in surface treatment of few friuits such as bananas, peaches, apples, pears, cherries etc for fruit preservation. In addition, sucrose esters are also used as an additive to enhance flavors of dairy-based drinks, yoghurt, flavored chocolate milk, eggnog, cocoa, whey based drinks etc. The expansion of food and beverages industry coupled with the growing trend of consuming convenience food in developed as well as developing nations is anticipated to significantly drive the demand for sucrose esters and subsequently propel the sucrose esters market in the forecast period. However the competition from alternatives such as lecithin, monoglycerides, and sorbitan esters is anticipated to restrict the growth of sucrose esters to some extent.

MARKET SCOPE

The "Global Sucrose Esters Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sucrose esters market with detailed market segmentation by application, form, function, and geography. The global sucrose esters market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sucrose esters market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global sucrose esters market is segmented on the basis of application, form, function. On the basis of application, the sucrose esters market is segmented into, food, personal care products, detergents & cleansers, and others. On the basis of form, the market is bifurcated into, powder, liquid, and pellets. Based on function, the global sucrose esters market is segmented into, protein & starch interaction, antimicrobial property, controlled sugar crystallization, emulsification, and aeration.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sucrose esters market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sucrose esters market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sucrose esters market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sucrose esters market in these regions.

MARKET PLAYERS

The reports cover key developments in the sucrose esters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sucrose esters market are anticipated to lucrative growth opportunities in the future with the rising demand for sucrose esters in the global market. Below mentioned is the list of few companies engaged in the sucrose esters market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sucrose esters market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Adana Food Tech
•  BASF SE
•  Compass Foods
•  Croda International Plc
•  Dai-Ichi Kimia Raya
•  Evonik Industries
•  Mitsubishi Chemical Holdings Corporation
•  P&G Chemicals
•  Sisterna
•  Zhejiang Synose Tech Co., Ltd

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Sucrose Esters Report Scope