Market Size of China Food Emulsifiers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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China Food Emulsifiers Market Analysis
China Food Emulsifiers Market is anticipated to grow at a CAGR of 5% during the forecasted period (2020 - 2025).
- China's development of the processed food industry promoted investments from Chinese governments and FDIs to modernize the production have played a key role in boosting the competitiveness of the sector in the country.
- Busy lifestyles and changing eating habits propelled the Chinese population to opt for convenience foods, in turn, driving the market for the former. In the Chinese market, emulsifiers have found a greater application in foods such as noodles.
- There is a growing demand for specialty food ingredients, such as emulsifiers, in various applications, due to functional properties, such as protein strengthening, starch complexing, and aerating. Additionally, with the increasing demand for high transparency on the ingredients used in consumers' food, the market for clean-label food ingredients is expected to drive the market for food additives, such as emulsifiers.