Argentina Food Emulsifiers Market

Argentina Food Emulsifiers Market Analysis

The Argentina Food Emulsifiers Market is expected to register a CAGR of 2.5% during the forecast period.

• The food emulsifier market is witnessing rapid growth due to the increasing demand for processed food in the country and wide applications of the emulsifiers in the processed food industry are driving the market.
• 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.
• Apart from this, the increasing penetration of organized retail in urban and rural centers are also boosting the food emulsifiers market in Argentina.

Argentina Food Emulsifiers Market Trends

Lecithin Holds A Major Share in Argentina

Lecithin is majorly sourced from the egg, soy, and sunflower. It is also used in various application areas such as food and beverage, feed, nutrition and supplements, pharmaceuticals, etc. The rising incidences of lifestyle-based health issues, such as cardiovascular diseases, obesity, osteoporosis, and diabetes, have fuelled consumers' need for food ingredients like lecithin, owing to its various medical benefits. Lecithin improves liver and cell functioning, fat transport and metabolism, healthy reproduction and child development, and offers better treatment for gallstone. These factors can boost the sales of the lecithin market which in turn will propel the growth of the market studied.

Growing Demand For Processed Meat in The Country

There is a growing demand for processed meat in the country. Over the past few years, the pork consumption in the country has grown by an average of 10% per annum and 65% in total, with the current per capita consumption at 17 kg driving the demand for processed pork products, presently. The growing demand for beef across various countries spiked prices in the domestic markets of Brazil and Argentina. Moreover, in 2019, the General Administration of Customs of China (GACC) granted permission for nine new Argentine beef plants to export frozen beef and chilled beef to China. Furthermore, owing to the rising demand for processed meat across the country, manufacturers operating in the global market are focusing on adopting strategic measures to expand their presence in the country.

Argentina Food Emulsifiers Industry Overview

Argentina food emulsifier market is dominated by international players. In order to increase the market shares, companies are focusing on developing new and innovative products, by targeting the new formulation for food emulsifiers. Moreover, companies are focusing on increasing production capacities of their existing plants, while investing in R&D activities. Thus, the market studied is expected to witness numerous product launches during the forecast period.

Argentina Food Emulsifiers Market Leaders