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Global Stearyl Tartrate Market: Drivers and Restraints
The stearyl tartrate market is primarily driven by the increasing inclination of consumers towards natural ingredients, as it is derived through natural source. Moreover, stearyl tartrate has a characteristic properties of improving the workability and strength of the dough. Hence, is extensively used as strengthening agent in the bakery industry particularly for dough and flour treatment. As main source of the stearyl tartrate are fruits, hence it is extensively used in the preparation of fruit based cakes, desserts and pies. With increasing inclination of consumers towards plant and fruit based desserts, the stearyl tartrate market is expected to record a significant growth. Moreover, it is abundantly used as emulsifier, thereby, improving the consistency and stability of the food products. Hence, widespread application, is expected to fuel the stearyl tartrate market during the forecast period.
However, carcinogenic activity is reported by stearyl tartrate, leading to ban in Australia upon its usage in food products. Thereby, hampering the market growth. Moreover, the source from which stearyl tartrate is derived from also involves animal fats. Hence, few population segmnets such as vegans, Jews and Muslims abstain from use of the products containing stearyl tartrate. Hence, lack of adoption among consumers, inhibits the market growth.
Global Stearyl Tartrate Market: Region wise Outlook
The global stearyl tartrate market is categorised into seven regions, namely, Western Europe, Eastern Europe Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), , Japan Latin America and, North America. North America accounts for largest share of the stearyl tartrate market. With increasing preference among consumers towards processed food along with demand for superior quality products, is expected to support the stearyl tartrate market. Europe also accounts for significant share of the market as consumers are drifting towards products manufactured from natural source. Asia pacific may record a dawdling growth. Although with increasing product innovation and development the market is expected to spur but regions such as Australia where the product is banned, may inhibit the growth of the market. Some of the players identified in the global stearyl tartrate market include MP Biomedicals, LLC., Pfaltz & Bauer and others.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis for Market includes
- North America
- Latin America
- Europe
- Asia Pacific & Japan
- The Middle East and Africa
On the basis of source, stearyl tartrate market is segmented into:-
- Plant
- Animal
On the basis of application, stearyl tartrate market is segmented into:-
- Cakes
- Pies
- Desserts
- Dough
On the basis of functionality, stearyl tartrate market is segmented into:-
- Emulsifier
- Thickening Agent
- Stabilizer
- Strengthening agent
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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