Ammonium Phosphatide Market is likely to register double digit CAGR by 2026
Posted: Aug 01, 2018
Ammonium Phosphatide Market Outlook:
Ammonium phosphatide is a combination of ammonia and phosphorylated fatty acids manufactured from plant-based oil, normally rapeseed oil. It is free from water and can also be produced synthetically. Ammonium phosphatide is widely used as a food additive, especially in chocolates and their compound products. Ammonium phosphatide is the most effectual alternative to lecithin, enabling chocolate manufacturers to replace lecithin and in turn, impart better viscosity control which in case of lecithin was not possible due to rising of yield stress which in turn affected the viscosity. Also, ammonium phosphatide showcases diverse properties such as emulsification, stabilization, thickening and gelling. Ammonium phosphatide, when used as an emulsifier possesses neutral flavor and odor even at high dosages. Furthermore, ammonium phosphatides variant inherent chemical properties which makes it the best choice amongst emulsifiers for chocolate manufacturing, henceforth expected to experience good growth in the upcoming years.
Reasons for Covering Ammonium Phosphatide as the Title:
With the rising demand for confectionery products and boosting concerns regarding safer quality, allergy free, consistent, energy efficient and stable food additives, ammonium phosphatide is gaining widespread importance in the market and is expected to grow in recent years. Moreover, increasing preference for low-calorie and low-fat products, available at a reasonable price is also pushing manufacturers to use ammonium phosphatide in place of lecithin. In addition, ammonium phosphatide imparts improved viscosity control, consistency and proven safe quality, thus making it an ideal choice as a food emulsifier. Also, ammonium phosphatide can be combined with other emulsifiers such as PGPR for producing confectionery items with reduced sugar and fat content. As production energy and cost efficiency have become the foremost important factor in the manufacturing of confectionery products, the market for ammonium phosphatide as an emulsifier is expected to witness enormous growth during the forecast period and several companies worldwide will shift their preference from other emulsifiers towards ammonium phosphatide
Global Ammonium Phosphatide Market: Market Participants
Some of the market participants in the global ammonium phosphatide market identified across the value chain include BASF SE, Beldem SA, Cargill, Inc., Palsgaard A/S, Stepan Company, Fine Organics Industries Private Limited, Puratos NV, Tate& Lyle Plc, E. I. du Pont de Nemours and Company, Ivanhoe Industries, Inc., Nikko Chemicals Co.,Ltd and Austrade Inc, amongst others.
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Opportunities for Participants in the Ammonium Phosphatide Market:
Emulsifiers have been a significant part of chocolates and confectionery products for decades now. But due to the rise in the cost of combining these emulsifiers with the food products, companies are changing their preferences from traditionally used additives such as lecithin to products that are low in price, save energy and are much safer. Ammonium phosphatide inhibits all the above mentioned functions and thus, saves input costs and enhances moulding process. Also, as it permits low fat and low sugar to the confectionery products, the potential for companies in this market is high owing to rising health concerns among consumers worldwide. Today most of the large scale confectionery manufacturing companies have switched to ammonium phosphatide as an emulsifier in their products, as it helps to prevent the powder and cocoa butter from separating and in turn improving the flow and quality of the whole product. In addition, versatile functions of ammonium phosphatide such as stabilization, thickening, reducing viscosity and improving overall quality adds extra perks to it.
Brief Approach to Research
The company will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, and consolidated and synthesized at a global level to estimate overall market sizes.
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