February 2nd,2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Sucrose Esters Market.
Sucrose Esters Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making decision-making srategy formulation based on the opportunities present in the market.
The Sucrose Esters Market was estimated to grow from USD 80.2 million in 2021 to USD 119.11 million by 2028 at a healthy CAGR of 5.78% during the forecast period.
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What is a Sucrose Esters ?
Sucrose esters or sucrose fatty acids are groups of esters that are synthesized by the esterification of sucrose and fatty acids such as Lauric acid, Palmitic acid, Stearic acid, and others. They own various properties, such as water solubility, and have a variable Hydrophilic-Lipophilic balance (HLB) value which gives sucrose esters exceptional emulsifying properties.
Sucrose esters are available in different forms, such as powder, liquid, and pellet that are used in various applications, such as food, personal care products, detergents & cleansers, and others.
The supply chain of this market comprises raw material manufacturers, PPA manufacturers, masterbatch makers, compounders, component manufacturers, and OEMs.
Drivers
The sucrose esters market is mainly driven by:
Increasing trend of spending on convenience food products in developing countries, owing to their multifunctional properties.
Key Players
The key players in the PPA market include-
• BASF SE
• Evonik Industries AG
• P&G Chemicals
• Croda International Plc
• Mitsubishi Chemicals Corporation.
Mergers & acquisitions, application development, and development of innovative products are some of the key strategies adopted by the major players in order to gain a competitive edge in the marketthe .
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Sucrose Esters Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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