- Email: [email protected]
Food emulsifiers market worth $3.55 bn by 2022
FOCUS the larger market. However, demand in Nigeria will grow at a faster pace. Original source: Frost & Sullivan, 14 Dec 2016 (Website: http://www.frost.com) © Frost & Sullivan 2016
ON
S U R FAC TA N T S
MARKET REVIEWS Food emulsifiers market worth $3.55 bn by 2022
ENVIRONMENT Imerys introduces a natural alternative to plastic microbeads In response to the upcoming ban in South Korea on the use of plastic microbeads in wash-off personal care products due to the environmental pollution they cause, Imerys has specifically engineered an environmentally friendly alternative under the brand name ImerCare P-Scrub. The products are a 100% natural perlite mineral range, developed using patented engineered technology that combines the natural hardness of volcanic rock with the softness of spherical particles to provide a gentle, physical exfoliation effect. Unlike plastic microbeads, which slip through water filter systems polluting receiving streams and rivers, the perlite beads float and can be easily skimmed off. Any particles that do slip through the net are harmless to the environment and marine life. The ImerCare P-Scrub range received the Industrial Mineral Association's 2016 Recognition Award under the category 'Innovation' at the recent IMA-Europe Conference. Imerys Talc, 10 Nov 2016, (Website: http:// www.imerystalc.com) © Imerys 2016
Priority pollutants identified in the Great Lakes The US and Canadian governments have identified eight chemicals of concern in the Great Lakes, namely polybrominated diphenyl ethers, hexabromocyclododecane, perfluorooctane sulfonate, perfluorooctanoic acid, mercury, longchain perfluorinated carboxylic acids, short-chain chlorinated paraffins and polychlorinated biphenyls. These substances are of known or potential concern to the environment or human health. The governments of the USA and Canada will create and implement strategies to deal with these substances and future designated chemicals. Original source: Chemistry World, Aug 2016, 13 (8), (Website: http://www.chemistryworld. com/) © Royal Society of Chemistry 2016
6
According to the report 'Food Emulsifiers Market by Type (Mono-, DiGlycerides, Lecithin, Sorbitan Esters, Stearoyl Lactylates and Polyglycerol Esters), Application (Bakery, Confectionery, Convenience, Dairy and Meat) and Source (Plant and Animal) Global Forecast to 2022', published by MarketsandMarkets, the global market for food emulsifiers is projected to reach $3.55 bn by 2022 in terms of value, at a compound annual growth rate (CAGR) of 5.5% from 2017. Emulsifiers are widely accepted ingredients in food & beverage applications owing to their functional properties. They are increasingly used by food processors to make their products more cost-efficient and robust, enabling them to endure the rigours of harsh processing. Mono- and di-glycerides and their derivatives are expected to account for the largest share in the food emulsifiers market by type in 2017, due to their wide range of applications in the food & beverage industry, including dairy products, bakery products and convenience foods. By application, the bakery products segment accounted for the largest share in the food emulsifiers market in terms of value in 2015. The food emulsifiers market is considered to be one of the fastest-growing segments of the wider food additives market due to the growing trend towards reducing the fat and calorie content in food products. In 2017, Europe is expected to be the most lucrative regional market for food emulsifiers, driven by increasing consumer expectations for innovation and convenience. The Asia Pacific market is projected to grow at the highest CAGR during the forecast period, driven by the growing demand for processed food products in India, China, Japan, Australia and New Zealand. Leading producers of food emulsifiers include Archer Daniels Midland, DuPont, Cargill and Ingredion in the USA, and Kerry Group in Ireland. Original Source: MarketsandMarkets, 12 Dec 2016, (Website: http://www. marketsandmarkets.com) © MarketsandMarkets 2016
Multifunctional cosmetic ingredient demand to drive growth in global emulsifiers market According to the report from Persistence Market Research titled 'Global Market Study on Emulsifiers', the global emulsifiers market will record a compound annual growth rate (CAGR) of 6.0% during the forecast period to reach a market value of $5934.5 M by end-2024. The personal care industry plays a pivotal role in changing the scene in the global emulsifiers market. The increased use of sodium behenoyl lactylate in several personal care and cosmetic products is also opening a new window of growth for this market. The growth of the food and beverage industry in Europe and the Asia Pacific is expected to boost revenues in the emulsifiers market. Among the product types, mono & diglycerides are expected to garner maximum market share towards the close of the analysis period in 2024. The food and beverage segment will lead the pack, with the highest market share in terms of both value and volume, and a forecast CAGR of 6.3% within the assessment period. The Asia Pacific market will be the fastest expanding market, experiencing a CAGR of 7.4% by the end of the forecast period. The major stakeholders in the global emulsifiers market are Puratos, Lubrizol, Cargill, Kerry Group, Dow Chemical, Koninklijke DSM, BASF, Palsgaard, Stepan and Spartan Chemical. Original Source: Persistence Market Research, 2016. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 28 Dec 2016, (Website: http://www. specialchem4cosmetics.com)
COMPANY NEWS Dow investing in new innovation centre to support economic growth in the USA Dow Chemical is to invest in a new, state-of-the-art innovation centre in Midland, MI, USA, to support new research and development jobs aligned with US economic growth. The innovation centre will provide approximately 200 R&D jobs
February 2017
ON
S U R FAC TA N T S
MARKET REVIEWS Food emulsifiers market worth $3.55 bn by 2022
ENVIRONMENT Imerys introduces a natural alternative to plastic microbeads In response to the upcoming ban in South Korea on the use of plastic microbeads in wash-off personal care products due to the environmental pollution they cause, Imerys has specifically engineered an environmentally friendly alternative under the brand name ImerCare P-Scrub. The products are a 100% natural perlite mineral range, developed using patented engineered technology that combines the natural hardness of volcanic rock with the softness of spherical particles to provide a gentle, physical exfoliation effect. Unlike plastic microbeads, which slip through water filter systems polluting receiving streams and rivers, the perlite beads float and can be easily skimmed off. Any particles that do slip through the net are harmless to the environment and marine life. The ImerCare P-Scrub range received the Industrial Mineral Association's 2016 Recognition Award under the category 'Innovation' at the recent IMA-Europe Conference. Imerys Talc, 10 Nov 2016, (Website: http:// www.imerystalc.com) © Imerys 2016
Priority pollutants identified in the Great Lakes The US and Canadian governments have identified eight chemicals of concern in the Great Lakes, namely polybrominated diphenyl ethers, hexabromocyclododecane, perfluorooctane sulfonate, perfluorooctanoic acid, mercury, longchain perfluorinated carboxylic acids, short-chain chlorinated paraffins and polychlorinated biphenyls. These substances are of known or potential concern to the environment or human health. The governments of the USA and Canada will create and implement strategies to deal with these substances and future designated chemicals. Original source: Chemistry World, Aug 2016, 13 (8), (Website: http://www.chemistryworld. com/) © Royal Society of Chemistry 2016
6
According to the report 'Food Emulsifiers Market by Type (Mono-, DiGlycerides, Lecithin, Sorbitan Esters, Stearoyl Lactylates and Polyglycerol Esters), Application (Bakery, Confectionery, Convenience, Dairy and Meat) and Source (Plant and Animal) Global Forecast to 2022', published by MarketsandMarkets, the global market for food emulsifiers is projected to reach $3.55 bn by 2022 in terms of value, at a compound annual growth rate (CAGR) of 5.5% from 2017. Emulsifiers are widely accepted ingredients in food & beverage applications owing to their functional properties. They are increasingly used by food processors to make their products more cost-efficient and robust, enabling them to endure the rigours of harsh processing. Mono- and di-glycerides and their derivatives are expected to account for the largest share in the food emulsifiers market by type in 2017, due to their wide range of applications in the food & beverage industry, including dairy products, bakery products and convenience foods. By application, the bakery products segment accounted for the largest share in the food emulsifiers market in terms of value in 2015. The food emulsifiers market is considered to be one of the fastest-growing segments of the wider food additives market due to the growing trend towards reducing the fat and calorie content in food products. In 2017, Europe is expected to be the most lucrative regional market for food emulsifiers, driven by increasing consumer expectations for innovation and convenience. The Asia Pacific market is projected to grow at the highest CAGR during the forecast period, driven by the growing demand for processed food products in India, China, Japan, Australia and New Zealand. Leading producers of food emulsifiers include Archer Daniels Midland, DuPont, Cargill and Ingredion in the USA, and Kerry Group in Ireland. Original Source: MarketsandMarkets, 12 Dec 2016, (Website: http://www. marketsandmarkets.com) © MarketsandMarkets 2016
Multifunctional cosmetic ingredient demand to drive growth in global emulsifiers market According to the report from Persistence Market Research titled 'Global Market Study on Emulsifiers', the global emulsifiers market will record a compound annual growth rate (CAGR) of 6.0% during the forecast period to reach a market value of $5934.5 M by end-2024. The personal care industry plays a pivotal role in changing the scene in the global emulsifiers market. The increased use of sodium behenoyl lactylate in several personal care and cosmetic products is also opening a new window of growth for this market. The growth of the food and beverage industry in Europe and the Asia Pacific is expected to boost revenues in the emulsifiers market. Among the product types, mono & diglycerides are expected to garner maximum market share towards the close of the analysis period in 2024. The food and beverage segment will lead the pack, with the highest market share in terms of both value and volume, and a forecast CAGR of 6.3% within the assessment period. The Asia Pacific market will be the fastest expanding market, experiencing a CAGR of 7.4% by the end of the forecast period. The major stakeholders in the global emulsifiers market are Puratos, Lubrizol, Cargill, Kerry Group, Dow Chemical, Koninklijke DSM, BASF, Palsgaard, Stepan and Spartan Chemical. Original Source: Persistence Market Research, 2016. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 28 Dec 2016, (Website: http://www. specialchem4cosmetics.com)
COMPANY NEWS Dow investing in new innovation centre to support economic growth in the USA Dow Chemical is to invest in a new, state-of-the-art innovation centre in Midland, MI, USA, to support new research and development jobs aligned with US economic growth. The innovation centre will provide approximately 200 R&D jobs
February 2017