Sucrose esters are a type of food additive made from sucrose and fatty acids. They are utilized as emulsifiers, stabilizers, and surfactants in various food and beverage products. Sucrose esters are created by esterifying sucrose with fatty acids derived from vegetable oils such as palm, soybean, and coconut. The esterification of sucrose with fatty acids or glycerides produces non-natural surfactants known as sucrose fatty acid esters.The global sucrose esters market size was estimated at USD 82.50 million in 2023 and is projected to grow at a CAGR of 5.0% in terms of revenue from 2024 to 2030. The sucrose esters market is mainly driven by increasing demand from various industries such as food, personal care, cosmetics, and pharmaceuticals, where it is a crucial component used in their production processes.
Drivers, Opportunities & Restraints
The increasing consumer demand for processed and convenient foods is a major driving force for the sucrose esters market. Sucrose esters act as emulsifiers in various food products, improving texture, stability, and shelf life.
Despite their many benefits, the high production costs and technical challenges associated with sucrose esters significantly hinder market growth. The synthesis of sucrose esters involves complex chemical processes that require expensive catalysts and strict reaction conditions, leading to higher production costs.
The growing pharmaceutical sector offers a profitable opportunity for the sucrose esters market. Sucrose esters are increasingly used in pharmaceutical formulations as excipients, stabilizers, and drug delivery agents. Their capacity to improve the solubility and bioavailability of poorly soluble drugs makes them invaluable for developing advanced drug formulations.
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Key Sucrose Esters Companies:
Evonik Industries AG
Sisterna
Croda International
Alfa Chemicals
P&G Chemicals
Dai-Ichi Kogyo Seiyaku
Mitsubishi Chemical Holdings Corporation
BASF SE
Stearinerie Dubois
FELDA IFFCO
Key Sucrose Esters Company Insights
Some of the key players operating in the global sucrose esters market include
BASF SE is a globally recognized German chemical company that operates as the largest chemical producer in the world. The company operates through six main business segments, namely, industrial solutions, chemicals, materials, surface technologies, agricultural solutions, and nutrition and care. Its diverse portfolio encompasses a wide array of chemical products such as performance products, plastics, functional solutions, and others. One of the company’s main areas of expertise is the production of sucrose esters and its related products, which are utilized in the food and beverages, pharmaceuticals, and animal feed industries.
Evonik Industries AG five business divisions include specialty additives, nutrition & care, smart materials, performance materials, and technology & infrastructure. The company’s products are used in various industries including agriculture, pharmaceuticals, polymer, and animal feed, among others. It has a presence in more than 100 countries.