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.
Croda International and Mitsubishi Chemicals Holding Corporation are some of the emerging market participants in the global sucrose esters market.
- Croda International offers its products to various markets such as agriculture, food, pharmaceutical, fragrances, water treatment, lubricant, wood & furniture, textile, electronics, automotive, and beauty & personal care, among others. The company also offers crop protection products, adjuvants, chemical biostimulants, seed enhancement products, specialty additives for agricultural films, and animal health products. It has 30 manufacturing sites globally and has several sales offices and laboratories across the globe.
- Mitsubishi Gas Chemical Co. is a Japanese company that produces a wide range of chemicals, including natural gas, aromatic, specialty, and information & advanced materials. The company has a strong global presence, using its upstream and downstream products. Mitsubishi has methanol production facilities in various locations, including Trinadad & Tobago, Saudi Arabia, Venezuela, and Brunei.
Recent Developments
- In March 2024, Mitsubishi Chemical will expand its sugar ester emulsifier capacity production by installing a new production line capable of producing 1,100 tons annually. The new line, located at the Mitsubishi Chemical Kyushu Plant in Fukuoka Prefecture, is expected to be fully operational by March 2024 and will increase the total production capacity to 2,000 tons annually.
- In March 2021, Croda International announced the acquisition of Alban Muller International, a France-based company, to expand its range of natural active and cosmetic components. This acquisition has enabled Croda to enhance its offering of environmentally active ingredients to clients in the personal care sector. Additionally, Croda will now have access to cutting-edge technologies in the botanicals industry, including Zeodration, a method that preserves even the most fragile active components.
