Market Size of United Kingdom Food Emulsifier Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.16 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Food Emulsifier Market Analysis
The United Kingdom food emulsifier market is projected to grow at a CAGR of 4.16% during the forecast period (2020 - 2025).
- The dominating foodservice sector and demand for shelf-stabilized products driving the market for food emulsifiers in the country. The United Kingdom has a wide market for baked and confectionery goods. About 60% of the flour produced in the country contributes to the bakery industry. Hence, the bakery sector is estimated as the largest consumer for food emulsifiers.
- The population in the country is indulged into frequent snacking habits. But, with the rising health trend and awareness, the aging population of the country is looking for healthier alternatives for snacks. This change in consumer behavior demands innovations and advancement in the snacks and confectionery sector, which uses the emulsifiers as an important ingredient promising a decent consumption in the coming years.