Global Mono and Diglycerides and Derivatives Market, By Type (Mono and Diglycerides, Monoglyceride Derivatives, Fatty Acid Derivatives, Lecithin, and Others), Application (Bakery and Confectionary, Dairy Products, Convenience Foods, and Others), Source (Animal, Plant, and Biochemicals), Hydrophilic Groups (Cationic, Non-ionic, Anionic, and Amphoteric), Origin (Synthetic and Natural) - Industry Trends and Forecast to 2031.
Mono and Diglycerides and Derivatives Market Analysis and Size
In the mono and diglycerides and derivatives market, technological advancements enhance production processes, ensuring higher purity and functionality of products. This fosters widespread applications across food, pharmaceuticals, and personal care sectors, benefiting manufacturers with increased efficiency, improved product quality, and expanded market opportunities.
For instance, the U.S. FDA closely regulates emulsifier safety, restricting their usage to specific foods and beverages in precise quantities. This stringent oversight boosts the country's market for emulsifiers, ensuring compliance and consumer trust while driving innovation in product formulations.
The global mono and diglycerides and derivatives market size was valued at USD 9.63 billion in 2023, is projected to reach USD 17.76 billion by 2031, with a CAGR of 7.95% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Mono and Diglycerides, Monoglyceride Derivatives, Fatty Acid Derivatives, Lecithin, and Others), Application (Bakery and Confectionary, Dairy Products, Convenience Foods, and Others), Source (Animal, Plant, and Biochemicals), Hydrophilic Groups (Cationic, Non-ionic, Anionic, and Amphoteric), Origin (Synthetic and Natural)
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Countries Covered
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U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa
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Market Players Covered
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Kerry Group (Ireland), Evonik Industries AG (Germany), DuPont (U.S.), BASF SE (Germany), Clariant (Switzerland), Koninklijke DSM N.V. (Netherlands), Akzonobel N.V. (Netherlands), Cargill Incorporated (U.S.), Lonza (Switzerland), Stepan Company (U.S.), and The Lubrizol Corporation (U.S.)
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Market Opportunities
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Market Definition
Mono and diglycerides are emulsifiers commonly used in food production. They enhance texture, extend shelf life, and improve stability by helping ingredients mix evenly. Derivatives, such as acetylated mono- and diglycerides, serve similar functions but with added benefits such as increased water dispersibility. These compounds are crucial in achieving desired product quality in various food applications.
Mono and Diglycerides and Derivatives Market Dynamics
Drivers
- Growing Demand for Mono and Diglycerides and their Derivatives
As food production expands to meet rising consumer demand, there's a parallel increase in the need for emulsifiers like mono and diglycerides. These additives are crucial for maintaining texture, extending shelf life, and improving quality in various food products. For instance, mono and diglycerides ensure consistent dough quality and volume in large-scale bakery operations, enabling efficient production of bread and pastries to meet market demands. This amplifies the demand for these additives.
- Increasing Disposable Incomes
Rising disposable incomes worldwide fuel a preference for convenient and indulgent foods such as baked goods and ready-to-eat meals. Mono and diglycerides, essential for enhancing texture and stability, meet consumer demands for quality. With greater purchasing power, consumers prioritize premium products, driving demand for mono and diglycerides across various processed foods.
Opportunities
- Growing Population of Vegans and Vegetarians
The growing population of vegans and vegetarians fuels the demand for plant-based alternatives to animal-derived additives such as gelatin or dairy fats. Mono and diglycerides, stabilizers, offer a solution by maintaining texture and consistency in plant-based foods. This trend opens avenues for innovation in creating plant-derived mono and diglyceride derivatives, catering to the preferences of vegan and vegetarian consumers. For instance, soy-derived mono and diglycerides effectively stabilize vegan desserts, enhancing their appeal.
- Technological Advancements in Production Methods
Technological advancements in production methods for mono and diglycerides enhance quality, purity, and yield while reducing costs. This fosters a competitive pricing landscape, making these additives accessible to more food manufacturers. Furthermore, improved production techniques enable the development of specialized derivatives, meeting diverse application needs. Overall, technological progress drives growth and evolution in the market.
Restraints/Challenges
- Regulatory Restrictions on Additive Usage
Government regulations domestically and internationally impose strict limitations on the types and quantities of additives permitted in food products. Compliance involves extensive testing and documentation, increasing production costs for manufacturers. Tightening regulations aimed at reducing synthetic additives may restrict market opportunities, hindering growth and innovation in this sector.
- Incompatibility with Certain Dietary Restrictions
The market encounters obstacles due to its lack of compatibility with dietary restrictions such as gluten-free or dairy-free diets. This restriction restricts product acceptance among consumers with specific dietary requirements, negatively affecting market expansion.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2021, Corbion introduced Pristine 3000, an enhancement to its clean-label Pristine range, touted as the company's "most robust dough conditioning innovation." This solution eliminates gluten supplements and conventional methods such as DATEM, aiding bakers in overcoming challenges including inconsistent wheat protein and rapid processing
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Mono and Diglycerides and Derivatives Market Scope
The market is segmented on the basis of type, application, source, hydrophilic groups, and origin. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Mono and Diglycerides
- Monoglyceride Derivatives
- Fatty Acid Derivatives
- Lecithin
- Others
Application
- Bakery and Confectionary
- Dairy Products
- Convenience Foods
- Others
Source
- Animal
- Plant
- Biochemicals
Hydrophilic Groups
- Cationic
- Non-ionic
- Anionic
- Amphoteric
Origin
- Synthetic
- Natural
Mono and Diglycerides and Derivatives Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, type, application, source, hydrophilic groups, and origin as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa.
North America is expected to dominate the mono and diglyceride and derivatives market. Government regulations on food safety have flaws, and customers remain unaware of the negative consequences of this toxin, propelling demand in the region.
Asia-Pacific is expected to be the fastest growing region in the market. This growth is propelled by rising disposable income, heightened consumption of convenience foods, a growing population, and amplified investments in the healthcare sector.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mono and Diglycerides and Derivatives Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the market are:
- Kerry Group (Ireland)
- Evonik Industries AG (Germany)
- DuPont (U.S.)
- BASF SE (Germany)
- Clariant (Switzerland)
- Koninklijke DSM N.V. (Netherlands)
- Akzonobel N.V. (Netherlands)
- Cargill Incorporated (U.S.)
- Lonza(Switzerland)
- Stepan Company (U.S.)
- The Lubrizol Corporation (U.S.)
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