Market Trends of Russia Food Emulsifiers Industry
This section covers the major market trends shaping the Russia Food Emulsifiers Market according to our research experts:
Meat, Poultry, and Seafood Segment Dominates the Market
The meat, poultry, and seafood segment accounts for a significant share of the market studied, owing to the augmenting meat industry of the country, which heavily utilizes emulsifiers in the production process. The major emulsified meat products that are widely consumed in the country, and which are projected to increase in consumption, include sausages, pates, and luncheon meat. Thus, an increase in the consumption of meat is boosting the food emulsifiers market. Global players are using lecithin in the meat, poultry, and seafood segment. For example, Dupont offers SOLEC Lecithin and other products.
Lecithin is the Fastest Growing Segment
The demand for lecithin as an emulsifier is growing in the country, owing to an increasing interest in label-friendly ingredients. Therefore, manufacturers are launching such products to augment their market shares. For instance, in 2018, Cargill launched a new range of de-oiled lecithin products in European countries, including Russia. The ingredient is largely catered to the bakery and snack manufacturers to produce consumer-specific products at an affordable price.
Moreover, Russia is highly inclined toward the production of sunflower-based lecithin, as it is one of the largest producers of sunflowers. Lasenor Emul SL, a privately owned company dedicated to the production and sales of food emulsifiers, built a plant in Azov (Rostov Oblast, Russian Federation), thus, reinforcing its position as one of the leading producers of sunflower lecithin in the world.
