Market Outlook for Sequestrants market:
Sequestrants are the food additives that act as a food preservative by the chelating action with the metal ions such as iron, copper, nickel. These metal ions are responsible for the oxidation of fats in the food, affecting the quality and stability of food. Oxidation of fats and other components of the food leads to the rancid odor of the food. The metal ingestion into the food is mainly from the packaging material. Aside from the use of sequestrants for enhancing quality and stability of the food products, sequestrants are also used to lessen the absorption of the metal ions responsible for the food rancidity or the removal of the same ions by the formation of colloids.
Sequestrants market: Important food additive for improving food quality and stability
Food and beverage industry of the end-use segment is the major driver of the global sequestrants market owing to the stabilizing property of the sequestrants. Due to the increased population in the Asian countries, the food and beverage industry is increasing at a tremendous rate. A sedentary lifestyle in the western countries and adaptation of the same lifestyle in the other parts of the world mostly in the Asian region is the main reason for the increase in the demand for the instant and frozen foods.
The brewing industry is well established in European and American countries, which is gaining speed in Asian countries. Many small and medium-sized breweries are emerging along with the craft breweries and specialty microbreweries in the Asian region. Sequestrants are used in the brewing processes for removing and preventing beerstone formation, most commonly used sequestrants is EDTA, polyphosphates. The growth in the brewing industry is expected to drive the demand for the sequestrants.
In pharmaceuticals, sequestrants are known as bile acid sequestrants which are used for lowering blood cholesterol level. Also, some sequestrants are used for treating a kidney stone. Addition of sequestrants in the food products has been reported to impart a positive effect on health. For example, EDTA (ethylenediamine tetraacitic acid) which is one of the most used sequestrants in the food industry, does not limit the bioavailability of iron but increases. Moreover, it also controls the negative effect of iron on the intestine. EDTA sequestrants are one of the few to have this added benefit.
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Sequestrants market segmentation:
Sequestrants market segmentation on the basis of product type:
- Calcium chloride
- Calcium acetate
- Citric acid
- Tartaric acid
- Alginic acid
Sequestrants market segmentation on the basis of the form:
Sequestrants market segmentation on the basis of end use:
- Food and beverages
- Bakery and confectionery
- Frozen food
- Brewing industry
- Packaging and coatings
- Printing ink formulations
Sequestrants market segmentation on the basis of the distribution channel:
- Online Retail
- Specialty stores
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Global Sequestrants market: Key players
Cargill Inc., Merck KGaA, ADM Company, Tate & Lyle Plc., ICL Food Specialties, Penta Manufacturing Company, TCI America, KIMICA Corporation, Alfa Aesar, Boston BioProducts, Inc., Restek Corporation, Gayatri Bio Organics etc. are some of the key players in the global sequestrants market.
Global Sequestrants market: Key developments
Polymer drugs are investigated majorly for their use as sequestrants to remove the unwanted or harmful components from the body. These types of sequestrants are used as therapeutics and constantly being research and developed for their clinical application shaping the future of therapeutics.
Also, global manufacturers of sequestrants such as tartaric acid, alginic acid are focusing on the production of Non-GMO, organic, and BSE-free sequestrants to thrive with the current market trend.
Global Sequestrants market: Opportunity
Opportunity for global manufacturers of the sequestrants is expected to grow in the Asia Pacific region attributing to the increased population, increased per capita income in some Asian countries. Growth in the industries such as the food and beverages, pharmaceutical as well as the cosmetics industry is expected to result in the increased opportunity for the sequestrants market players.