The global acetylated monoglycerides market was valued at around US$ 269.9 Mn at the end of 2021 and is anticipated to expand at a CAGR of 4% to reach US$ 415.8 Mn by the end of 2032.
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Europe accounts for the largest share in the global acetylated monoglycerides market and is projected to be valued at US$ 127.2 Mn by the end of 2032. Revenue from the sales of acetylated monoglycerides across the world account for 4% to 6% value share of the global food emulsifiers market. The market for acetylated monoglycerides experienced moderate growth and recorded a value CAGR of 2.9% over the preceding period (2017–2021).
Acetylated Monoglycerides Market (AGM), a type of food emulsifier, are typically found in baked goods like cakes and other food formulations. Typically, AGM is added to the batter or liquid phase of the process. They also serve to stabilise and lengthen the life of frostings, whipped cream, and fillings. Acetylated monoglycerides enhance the foaming and whipping properties of creams made with vegetable fats.
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Country-wise Insights
Which European Countries are Showing Promising Growth Potential in the Market?
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- In the European region, Italy, Spain, and Poland are major countries that are showing the highest growth potential and are expected to register value CAGRs of 4.6%, 4%, and 3.9%, respectively, during the forecast period.
- Emulsifiers are associated with various low-fat food benefits to meet the growth opportunities that arise from health-conscious consumers and also to cater to the rising demand for functional, packaged, and convenience foods.
Why Does India Hold a Majority Share in South Asia & Pacific Acetylated Monoglycerides Market?
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- India holds the largest share and shows dominance in this regional market owing to product innovation and increasing penetration of bakery chains in the food processing industry. Changing consumers’ eating habits and lifestyles are also shaping the bakery industry in India.
- Acetic acid esters of mono-and diglycerides or acetylated monoglycerides are utilized in baked food items to enhance the taste and texture of the products. Utilization of acetylated monoglycerides in India is expected to increase at a volume CAGR of 6.1% through 2032.
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Acetylated Monoglycerides Industry Research by Category
Acetylated Monoglycerides Market by Form:
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- Liquid
- Powder & Beads
Acetylated Monoglycerides Market by Application:
Food Industry
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- Dairy Products
- Bakery
- Confectionery
- Other Processed Foods
Pharmaceutical Industry
Others
Acetylated Monoglycerides Market by Region:
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- North America Acetylated Monoglycerides Market
- Latin America Acetylated Monoglycerides Market
- Europe Acetylated Monoglycerides Market
- South Asia and Pacific Acetylated Monoglycerides Market
- East Asia Acetylated Monoglycerides Market
- Middle East and Africa Acetylated Monoglycerides Market
FAQ’S:
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- What is the market size of acetylated monoglycerides?
- Which application of acetylated monoglycerides dominates the market?
- What is the global consumption of acetylated monoglycerides?
- Who is leading the South Asia & Pacific acetylated monoglycerides market?
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