Global Sucrose Esters Market Overview, Size, Industry Growth And Forecast To 2032


Posted January 4, 2024 by SushmithaTBRC

The sucrose esters market size has grown strongly in recent years. It will grow from $91.33 billion in 2023 to $99.69 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%.

 
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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https://www.thebusinessresearchcompany.com/report/sucrose-esters-global-market-report

In accordance with The Business Research Company’s Global Market Report for Sucrose Esters in 2024, the robust expansion of the sucrose esters market is evident. The market, having burgeoned from $91.33 billion in 2023, is poised to reach $99.69 billion in 2024, manifesting a noteworthy compound annual growth rate (CAGR) of 9.2%. This commendable growth in the historical epoch can be ascribed to the pivotal roles played by food emulsification, cosmetics, and personal care, catalyzed by an augmented demand for sustainable food ingredients, the surge in natural and clean label trends, and the impetus provided by the beverage industry.

The sucrose esters sector anticipates a substantial uptick in the coming years, prognosticating an escalation to $141.82 billion in 2028 at a consistent CAGR of 9.2%. This anticipated growth in the forecast period is underpinned by the burgeoning utilization of sucrose esters in functional foods and nutraceuticals, the burgeoning global health and wellness paradigm, the ascendancy of biodegradable surfactants, a heightened awareness regarding the benefits of sucrose esters, and groundbreaking pharmaceutical innovations. Noteworthy trends in the forecast period encompass advancements in texture and mouthfeel, the adoption of microencapsulation techniques, a surge in biodegradable cleaning products, and pivotal strides 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

A pivotal trend gaining traction within the sucrose esters market is the ascendancy of natural-based sucrose emulsifiers. Key industry players are actively contributing to the creation of sustainable products, earmarked for future applications in skincare and detergent products. An illustrative example is the initiative undertaken by Siltech Corporation, a Canada-based manufacturer and distributor specializing in organo-functional silicone compounds. In March 2022, the company unveiled Silube Sustain-S, a groundbreaking silicone emulsifier meticulously engineered to mimic sugar (INCI: Gluconamido Lauryl Dimethicone (and) Isoamyl Laurate). This innovation is designed for formulations boasting a high proportion of bio-based carbon. Silube Sustain-S, encapsulated in RSPO mass balance-grade, vegetable-derived isoamyl laurate, represents a 100% natural and entirely biodegradable carrier. The product not only aligns with sustainability objectives but also mirrors the performance advantages exhibited by existing specialty silicone emulsifiers. This transformative development marks a pivotal stride in the amalgamation of cutting-edge technology and eco-conscious solutions within the sucrose esters domain.

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

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Tags sucrose esters market , sucrose esters market size , sucrose esters market share
Last Updated January 4, 2024