Sucrose Esters Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020- 2025

Report Code: FBR 15102 Report Format: PDF + Excel (Delivery in 48 Hrs)
Sucrose Esters Market Overview
Sucrose Esters Market size is estimated to reach $111.9 M by 2025 and is poised to grow at a CAGR of 6.35% during the forecast period 2020-2025. Sucrose esters are obtained by esterifying sucrose with palm oil from edible fatty acids. This allows them to be used as emulsifiers in almost all food formulations. In addition to emulsification, sucrose esters have other functions, including aeration, texturing, and protein protection, and fat or sugar crystallization. The increasing trend in spending on convenience foods in developing countries and the multifunctional properties of sucrose esters are factors that are projected to support market growth over the forecast period (2020-2025). The Asia-Pacific region is likely to be in huge demand owing to high demand for food applications and increased use of body care products leading to the market in this area.

Sucrose Esters Market Report Coverage
The report: “Sucrose Esters Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Sucrose Esters Market. 
By Form: Powder, Liquid, and Pellet.
By Application: Food, Personal care products, Detergents & Cleansers, Others.
By Function: Protein and Starch interaction, Antimicrobial property, Controlled Sugar crystallization, Emulsification, Aeration.
By Geography: North America, Europe, Asia-Pacific, Rest of World

Key Takeaways
  • Geographically, The European market is projected to dominate over the forecast period 2020-2025, owing to the large-scale production and consumption of dairy and confectionery products.
  • Growing trend for ready-to-eat products boosts global market for sucrose esters in emerging and developed countries over the forecast period 2020-2025.
  • The cost of reactants during the formulation process of sucrose is hampering the growth of the market over the forecast period 2020-2025.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Sucrose Esters Market report.

By Form- Segment Analysis
The global Sucrose Esters market based on the form has Powder, Liquid and Pellet. The powder segment held largest in market share in 2019, and is set to continue over the forecast period 2020-2025. This is owing to its properties such as uniform mixing with additional ingredients at the time of processing. In addition, the willingness of food and beverage manufacturers to produce innovative products is another factor that is set to increase the powder segment of the sucrose esters market over the forecast period 2020-2025.

By Application– Segment Analysis
Based on Application, the market is classified into Food, Personal care products, Detergents & Cleansers, Others. The Food segment accounted for the largest share in 2019, it is set to grow over the forecast period (2020-2025). This is owing to various applications such as, bakery products, dairy products, and others. It is often used as a low-fat alternative to maximize the mouthfeel provided by fats. The Cosmetics segment is projected to rise over the forecast period 2020-2025. The use of sucrose esters in cosmetic products improves the softness of the skin and results in a thin layer on the skin, which leads to adequate moisture retention. Sucrose esters can add more light to the lipstick and improve its creamy color. These factors are projected to increase the demand for sucrose esters in the cosmetics industry.

By Geography - Segment Analysis
The European market has the largest market share in 2019, and is projected to continue. The market dominance of this region is attributed to factors such as the widespread production and consumption of bakery, dairy and confectionery products in the region, which encourages food and beverage producers to focus on product innovation. The rising awareness among the consumers has led to the increased inclination of manufacturers to comply with the standards introduced by the Europe, thereby encouraging the market growth in Europe.

Drivers – Sucrose Esters Market 
  • Increase in Health awareness
Consumers are becoming healthier and more cautious about consuming food, whether baked goods, sweets, dairy products, cereals and other foods. Sucrose ester not only has emulsifying properties, but also able to replace fat or serve as a low fat alternative. This is one of the critical factors, likely to contribute the demand for sucrose ester in the food and beverage industry.

Challenges – Sucrose Esters Market
  • High cost
The main challenge of this market is the cost of reactants during the formulation process of sucrose is poised to affect the expansion of the market. This is set to hinder market growth over the forecast period (2020-2025). The availability of the alternatives such as sorbitan esters, lecithin is presumed to limit the growth of the market.

Sucrose Esters Market Industry outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Sucrose Esters Market. Key companies of this market include BASF, Evonik Industries, P&G Chemicals, Croda International, Mitsubishi Chemicals, Sisterna, Stearinerie Dubois, Dai-Ichi Kogyo Seiyaku, Alfa Chemicals, FELDA IFFCO, World Chem Industries, Compass Foods, and Zhejiang Synose Tech.

Acquisitions/Product Launches:
  • In October 2019, Evonik Industries (Germany) has launched Tego SP 13 Sun Up in its sucrose ester product portfolio, “Tego”, as it incorporates sunscreen that is inherently waterproof and resistant to perspiration from physical exercise, including water sports.
  • In January 2019, BASF (Germany) launched Emulgade Sucro Plus, a skincare product that contains organic and natural ingredients.
1. Sucrose Esters Market - Overview
    1.1 Definitions and Scope
2. Sucrose Esters Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Form
    2.3 Key trends by Application
    2.4 Key trends by Function
    2.5 Key trends by Geography
3. Sucrose Esters Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Sucrose Esters Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
       4.1.1 Investment
       4.1.2 Revenue
       4.1.3 Venture Capital and Funding Scenario
5. Sucrose Esters Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Sucrose Esters Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Sucrose Esters Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis 
    7.3 Market Life Cycle
8. Sucrose Esters Market – By Form (Market Size –$Million/$Billion)
    8.1 Powder
    8.2 Liquid
    8.3 Pellet
9. Sucrose Esters Market – By Application (Market Size –$Million/$Billion)
    9.1 Food
        9.1.1 Dairy Products
        9.1.2 Bakery Products
        9.1.3 Beverages
        9.1.4 Confectioneries
        9.1.5 Soups & Sauces
        9.1.6 Meat Products
        9.1.7 Cereals
        9.1.8 Others
    9.2 Personal care products
       9.2.1 Cosmetics
       9.2.2 Hair & body care products
    9.3 Detergents and Cleansers
    9.4 Others
10. Others Sucrose Esters Market – By Function (Market Size –$Million/$Billion)
    10.1 Protein and Starch interaction
    10.2 Antimicrobial Property
    10.3 Controlled Sugar crystallization
    10.4 Emulsification
    10.5 Aeration
11. Sucrose Esters Market - By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France 
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Sucrose Esters Market - Entropy
13. Sucrose Esters Market – Industry/Segment Competition Landscape      Premium  
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Sucrose Esters Market – Key Company List by Country Premium  Premium
15. Sucrose Esters Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

List of Tables

1 US Sucrose Esters Market Size 2018
2 Canada Sucrose Esters Market Share 2018
3 Brazil Sucrose Esters Market Outlook 2019 - 2023
4 Mexico Sucrose Esters Market Research 2018
5 Germany Sucrose Esters Market Trends 2019 - 2023 
6 France Sucrose Esters Market Growth 2019 - 2023 
7 UK Sucrose Esters Market Demand 2019 - 2023 
8 Italy Sucrose Esters Market Segmentation 2018
9 Russia Sucrose Esters Market Analysis 2019 - 2023
10 China Sucrose Esters Market Revenue 2019 - 2023
11 Japan Sucrose Esters Market Volume 2019 - 2023
12 South Korea Sucrose Esters Market Potential 2019 - 2023
13 India Sucrose Esters Market Leaders 2018
14 Saudi Arabia Sucrose Esters Market Forecast 2019 - 2023 
15 Kuwait Sucrose Esters Market Value 2018

List of Figures

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