Global Stearoyl Lactylate Market, By Product Type (Sodium Stearoyl Lactylates, Calcium Stearoyl Lactylaets), End Use (Food and Beverage Industry, Bakery & Confectionery, Meat and Poultry, Dairy Products, Alcoholic Beverages, Convenience Products, Plastic Industry, Pet Food, Cosmetic and Personal Care Products), Sales Channel (Direct Sales/B2B, Indirect Sales/B2C, Intermediate/Bulk Distributors, Online Retailers, Specialty Stores), Country (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, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Stearoyl Lactylate Market
The stearoyl lactylate market is expected to witness market growth at a rate of 7.00% in the forecast period of 2021 to 2028. Data Bridge Market Research report on stearoyl lactylate market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of stearoyl lactylate market.
Stearoyl lactylate refers to emulsifying agent that is utilized in baking industry for strengthening the dough during manufacturing and keeping it soft during its shelf life. The chemical formula of the compound is C21H39O4Na; C19H35O4Na, and is synthesized from lactic acid, sodium hydroxide and stearic acid. The compound tends to form strong bonds with the flour proteins during gluten development.
The increase in demand for cosmetics and personal care products across the globe acts as one of the major factors driving the growth of stearoyl lactylate market. The increased application of stearoyl lactylate in bakery products, dairy products, and other processed food products, and use in the scrubs, shaving creams, moisturizers, fragrance pomades and salves accelerate the market growth. The increase in the consumption of processed food products in the developed and emerging countries, and popularity of baby hygiene products, and baby skin care products further influence the market. Additionally, increase in the consumption of processed food products, rapid urbanization, and use in hair care, and skin care positively affect the stearoyl lactylate market. Furthermore, rise in demand for all-natural products in the cosmetic industry extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, concerns regarding side effects causing oversensitivity/allergy, itching, swelling, and muscle spasms are expected to obstruct the market growth. Risk of food intolerance after consumption of stearoyl lactylate such as symptoms of diarrhea, vomiting and stomach cramps is projected to challenge the stearoyl lactylate market in the forecast period of 2021 to 2028.
This stearoyl lactylate 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 stearoyl lactylate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Stearoyl Lactylate Market Scope and Market Size
The stearoyl lactylate market is segmented on the basis of product type, end use and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the stearoyl lactylate market is segmented into sodium stearoyl lactylates and calcium stearoyl lactylaets.
- On the basis of end use, the stearoyl lactylate market is segmented into food and beverage industry, bakery & confectionery, meat and poultry, dairy products, alcoholic beverages, convenience products, plastic industry, pet food and cosmetic and personal care products.
- On the basis of sales channel, the stearoyl lactylate market is segmented into direct sales/B2B, indirect sales/B2C, intermediate/bulk distributors, online retailers, and specialty stores.
Stearoyl Lactylate Market Country Level Analysis
The stearoyl lactylate market is analysed and market size, volume information is provided by country, product type, end use and sales channel as referenced above.
The countries covered in the stearoyl lactylate market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the stearoyl lactylate market because of the high production and presence of large cosmetic and food industries within the region. Asia-Pacific is expected to witness growth during the forecast period of 2021 to 2028 due to the growing applications in food and cosmetic industries in the region.
The country section of the stearoyl lactylate market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Stearoyl Lactylate Market Share Analysis
The stearoyl lactylate 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 stearoyl lactylate market.
The major players covered in the stearoyl lactylate market report are Stepan Company, Tate & Lyle, Niacet, Parchem fine & specialty chemicals, Musashino Chemical Laboratory, Ltd., BASF SE, Cargill, Incorporated, Croda International Plc, Dow, DSM, DuPont, IVANHOE INDUSTRIES INC., Kerry Inc, The Lubrizol Corporation, Nikko Chemicals Co.,Ltd., Palsgaard, RIKEN VITAMIN Co., Ltd., Zhejiang Synose Tech Co., Ltd., Savannah Surfactants Ltd, Merck KGaA, and Kowa Europe GmbH, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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