Sucrose Esters Market projected to Reach USD 74.6 Million by 2020

1. MarketsandMarkets Presents Sucrose Esters Market Expected to Reach 74.6 Million USD by 2020

2. The report "Sucrose Esters Market by Application (Food, Detergents & Cleaners, and Personal Care), Form (Powder, Liquid, and Pellet), & by Region (North America, Europe, Asia-Pacific, Latin America, and Rest of the World) - Global Trends & Forecast to 2020", The sucrose esters market is estimated to be valued at USD 55.7 Million in 2015, and is projected to reach a value of USD 74.6 Million by 2020. The market is projected to grow at a CAGR of 6.0% from 2015 to 2020. • Browse • 102 market data Tables • 50 Figures • 178 Pages and in-depth TOC on "Sucrose Esters Market”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=191170937

3. Source: MarketsandMarkets Analysis

4. The sucrose esters market is estimated to be valued at USD 55.7 Million in 2015, and is projected to reach a value of USD 74.6 Million by 2020. The market is projected to grow at a CAGR of 6.0% from 2015 to 2020. The sucrose esters market is segmented on the basis of its applications and forms. It is further segmented on the basis of regions, such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). The sucrose esters market is triggered by increased usage in numerous niche applications, rising consumption of premium food & beverage products, and multifunctional abilities of sucrose esters. This report provides both qualitative and quantitative analyses of the sucrose esters market, the competitive landscape, and the preferred development strategies of key players. The key players preferred new product development, joint ventures, agreements, expansions, and acquisitions as preferred strategies to gain a larger share in the market. The report also analyzes the market dynamics and issues faced by leading players. The report is targeted toward the existing players in the industry, which include raw ingredient suppliers, emulsifier manufacturers, and research institutions. Key participants in the supply chain of sucrose esters include raw material suppliers, processors, sucrose ester manufacturers, distribution channels, and end users such as food, personal care, and detergent & cleaners manufacturers. Depending upon its applications, the sucrose esters market is led by the food segment, followed by personal care and detergents & cleaners. The high-growth potential in emerging markets and untapped regions is driving the growth of these applications.

5. Among the various forms of sucrose esters, such as powder, liquid, and pellets, powdered form of sucrose esters accounted for the largest market share, in 2014, followed by liquid and pellet forms. Powered form of sucrose esters has its application mainly in personal care as well as bakery & confectionery products. Europe accounted for the largest market share for sucrose esters, followed by North America and Asia-Pacific. The effect of busy lifestyles in developing economies has propelled the market for processed food & beverages; hence, there is a rise in the demand for emulsifiers such as sucrose esters. The growing middle-class population in the Asia-Pacific region, with the increasing high disposable income, has accelerated the growth of the sucrose esters market. Opportunities are being explored in this market through shifts towards milk alternatives and growth opportunities in the untapped markets of Asia-Pacific and Latin American regions.. On the other hand, the high cost of reactants such as lauric, palmitic, or stearic acid with smaller amounts of the di-esters that are present at every stage of production of sucrose esters, affecting the final product price, are causing a challenge for this market. The key market players that dominated the sucrose esters market include BASF SE (Germany), Evonik Industries AG (Germany), P&G Chemicals (U.S.), Croda International Plc (U.K.), and Mitsubishi Chemical Holdings Corporation (Japan). Most key participants have been exploring new regions across the globe through acquisitions and expansions to avail a competitive advantage through combined synergies. Since 2011, the sucrose esters market has witnessed an increase in demand, especially in developing nations such as India, Indonesia, Malaysia, Colombia, Ghana, Thailand, Nigeria, and Brazil.

6. Scope of the Report: • On the basis of application, the market is segmented as follows: • Food • Detergents & cleaners • Personal care • Others (pharmaceuticals and agrochemicals) • On the basis of form, the market is segmented as follows: • Powder • Liquid • Pellets • On the basis of region, the market is segmented as follows: • North America • Europe • Asia-Pacific • Latin America • RoW

7. Available Customizations • With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. • The following customization options are available for the report: • Product Analysis • Product matrix, which gives a detailed comparison of the product portfolio of each company • Company Information • Detailed analysis and profiling of additional market players (Up to five)

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