Market Size of Mexico Food Emulsifiers Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
CAGR | 6.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Mexico Food Emulsifiers Market Analysis
Mexico Food Emulsifiers Market is anticipated to grow at a CAGR of 6.5% during the forecasted period (2020-2025).
- 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.
- The growth of the emulsifiers market is driven by the increasing use of emulsifiers in food products such as cereals, infant & child nutrition products, ready-to-eat meals & snacks, desserts, and others.
- The growing demand for packaged food products on account of convenience and improved shelf life is propelling the market growth. The product demand is driven by rising health consciousness among the consumers coupled with rising disposable income in the country.