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North America Food Emulsifier Market Forecast 2019-2028

The North America food emulsifier market is anticipated to grow with a CAGR of 3.53%, during the forecast period of 2019 to 2020. The rapidly rising levels of urbanization and the increasing population rates are accredited to the region's market growth.

The North America food emulsifier market growth is evaluated through the assessment of the United States and Canada. Canada's food emulsifier market is projected to witness a positive trend owing to the growing demand for products such as confectionery, bakery, and beverages. In addition to the country's relatively cost-competitive market, the reduction in taxes has also offered an added advantage to Canadian companies.
With the Canadian European Comprehensive Economic and Trade Agreement (CETA) and the North American Free Trade Agreement (NAFTA), Canada has gained access to over 40 countries across Europe and North America. Moreover, 15% of people above the age of 15, in the country, consume cannabis. As a result, the legalization of cannabis has generated lucrative opportunities for processors. For instance, Canadian companies like The Green Organic Dutchman Holdings (TGOD) capitalize on the expanding cannabis industry, by augmenting its processing facility. On the other hand, processors are also proposing the infusion of cannabis in chocolates and ice-creams. The rising potential of dairy and frozen products in Canada is expected to increase the demand for food emulsifiers. As a result, such factors are attributed to the region's food emulsifier market growth.

Distinguished companies in the market include, Global Specialty Ingredients, DuPoint Danisco, Archer Daniels Midland Company, Estelle Chemicals Pvt Ltd, Lonza Group AG, Riken Vitamin Co Ltd, etc.

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North America Food Emulsifier Market Forecast 2019-2028
Published By :Inkwood Research
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