The market for acetic acid esters is projected to grow at a 3.9% CAGR, reaching $13.9 billion by 2032 from $9.4 billion in 2022. These esters, derived from vegetable oils, serve as emulsifiers in various products due to their low fatty acid concentrations. They’re particularly used as airing agents in baking.
Future Market Insights’ analysis projects that the market for acetic acid esters will grow at a CAGR of 3.9% during the period of forecasting. The sector is expected to increase in value from US$ 9.4 billion in 2022 to US$ 13.9 billion in 2032. The market for acetic acid esters was worth US$8.9 billion at the end of 2021.
Acetic acids are sometimes known as ethanolic acids. The fluid has no hue. Acetic acid esters are formed at acidic circumstances up to 140°C (285°F).Acetic acid esters of mono- and diglycerides are commonly used as fatty acid emulsifiers.
Acetic Acid Esters Industry to Grow at a Strong 3.9% CAGR and Reach US$ 13.9 Billion by 2032: An Analysis of Demand in the USA, Europe, and Across the Globe :
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These are the acidic acid esters of vegetable oils that have low concentrations of fatty acids, free glycerol, acetic acid, and free glycosides.This liquid is less oily and exhibits some emulsification action. Acetic acid esters of mono- and diglycerides of fatty acids are used as an airing agent in cakes and pastries.
They are used to maintainand produce air bubbles in imitation creams, which results in a stable product with desired texture. It is also used in confectionary products as chocolates, caramels and toffees, sugar confectionery, chewing gum, etc.
in cooking it works as an agent, which forms a mixture of substances that are usually incapable to being mixed such as water and oil.
Global Acetic Acid Esters of Mono- and Diglycerides of Fatty Acids Market: Drivers and Restraints
Growing demand for stabilizers and emulsifiers in bakery and confectionary products is primarily driving the growth of global aceticacid esters of mono- and diglycerides of fatty acidsmarket. Furthermore, the increasing demand for processed foods and beverages owing to changing lifestyle of consumers is further fuelling the growth of global acetic acid esters of mono- and diglycerides of fatty acids market.
Increasing applications of these additives in various industries is also expected to drive the growth of global acetic acid esters of mono- and diglycerides of fatty acidsmarket during the forecast period.
Although, these additives are produce from vegetable oil but some of the manufacturing processes use animal fat to produce these food additives, which can be a limiting factor to global acetic acid esters of mono- and diglycerides of fatty acidsmarket as vegetarians avoid these kind of products.
Global Acetic Acid Esters of Mono- and Diglycerides of Fatty Acids Market: Region wise Outlook
The global acetic acid esters of mono- and diglycerides of fatty acidsmarket is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). ). China is the largest market acetic acid esters of mono- and diglycerides of fatty acids.
Asia Pacific and Latin America are among the emerging clusters of the globe, which are anticipated to witness an above average CAGR over the forecast period. However, the global acetic acid esters of mono- and diglycerides of fatty acidsmarket is expected to witness a steady growth by the end of 2027.
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Global Acetic Acid Esters of Mono- and Diglycerides of Fatty Acids Market: Key Players
Some of the prominent players in the global acetic acid esters of mono- and diglycerides of fatty acids market are-
- Henan Honest Food Co., Ltd.
- Guenghou Cardio Biotechnology Co., Ltd.
- Hangzhou Funchun Food Additive Co., Ltd.
- Jiaxing Range Import and Export Co., Ltd.
- Shanghai Richem International Co., Ltd.
- Wuhan Haide Trading Co., Ltd.
- Anhui Herman Impex Co., Ltd.
- Zhenghou Liangwei Trading Co., Ltd.
- Henan Eastar Chemicals Co., Ltd.
- Yantai Lushun Huitong Biotechnology Co., Ltd.
- Shandong Juxian Hongde Citric Acid Co. Ltd.
- RZBC GROUP and Pfizer Inc.
- Archer Daniels Midland Company
- Weifang Ensign Industry Co., Ltd.
- COFCO Biochemical (Anhui) Co. Ltd.
- RIKEN VITAMIN Co., Ltd.
- Jiaxing Range Import and Export Co., Ltd.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and Industry.
The report covers an exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil and Rest of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
- Eastern Europe (Poland, Russia and Rest of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies
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Global Acetic Acid Esters of Mono- and Diglycerides of Fatty Acids Market: Segmentation
On the basis of applications, the global acetic acid esters of mono- and diglycerides of fatty acidsmarket is segmented into:-
- Food and beverages industry
- Cream toppings (coffee creams)
- Pastry, cakes, cake mixtures
- Whipping creams (shunt powders)
- Breads and other bread verities
- Starchy products
- Candies (film coatings)
- Ice cream, sweet toppings
- Sausages
- Printing and coatings
- Other end user industries
On the basis of functionality, the global lactic acid esters of mono- and diglycerides of fatty acids market is segmented into:-
- Emulsifier
- Intensifier
- Mousse enhancer
- Stabilizers
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