Emulsifiers market
Emulsifiers Market, by Product Type (Lactic esters of fatty acids, Lecithins, Mono & di-glycerides of fatty acid, Esters of monoglycerides of fatty acid, Polysorbates, Polyglycerol Esters, Polyglycerol Polyricinoleate, Others), by Application (Food & Beverage, Industrial Applications, Pharmaceuticals, Personal Care, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
- Oct 2022
- CMI3850
- 120 Pages
- Excel & Pdf
- Specialty and Fine Chemicals
Emulsifiers are used as a stabilizing agent across cosmetic, food &beverage, pharmaceutical, and personal care industry where it helps to stabilize the two or immiscible liquid. In the food industry, it is also used to preserve the sensitive feature of food such as tastes, texture, and flavour. Moreover, it is also used in the agriculture industry in the manufacturing of agrochemicals. In the pharmaceutical industry, it finds application across tablets, creams &gels, and syrups. An emulsifier is mainly used in the mixture of liquid where one solution is water and the other is oil. It helps to keep the solution blended by preventing them from getting separated.
Global emulsifiers market was valued at US$ 5.4 Billion in 2021 in terms of revenue, exhibiting a CAGR of 5.5% during the forecast period (2022 to 2030).
Drivers
Rising demand for emulsifiers from the pharmaceutical industry where it is used in the drug formulation such as tablets and syrups is expected to propel the market growth. The growth of emulsifiers is also attributed to the growth in the pharmaceutical industry due to the rising production of the drugs. Thus, the growing demand for emulsifiers from the pharmaceutical industry will favor market growth over the forecast period.
Growing demand for lactic esters of fatty acids across the personal care industry due to its multi-functional property is expected to augment the market growth of emulsifiers. It is used as a humectant and emulsifying agent in the manufacturing of personal care products such as lotions, creams, bath products, facial cleansers. Furthermore, it is also used as a gellant in the deodorants and antiperspirants products.
COVID-19 had somewhat a positive impact on the market. Owing to the lockdown restrictions, there was a huge stockpiling of food which also included bakery products such as bread, biscuits and so on. Food supply chains have demonstrated remarkable resilience in the face of these stresses which in turn induced manufacturers focusing more on maintaining a strong relationship with the value chain stakeholders. The manufacturers increased their focus towards high-quality ingredients and products for which the consumers are ready to pay a higher amount given the high quality of the product.
Figure 1. Global Emulsifiers Market Value Share (%), By Region, 2021
Market Restraints
Use of emulsifiers in personal care products tends to be expensive and acts as a challenge during the formulation of products. This increases the overall price of personal care products. This factor is expected to hinder the market growth of emulsifiers over the forecast period. The growing use of enzymes in place of emulsifier especially in the bakery products is expected to limit the use of an emulsifier. The use of enzymes has proven to be a cost-effective solution for products such as cakes, bread, and biscuits. Thus, the advent of advanced technologies such as the use of enzymes is expected to hamper the market growth.
Emulsifiers Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2021: | US$ 5.4 Bn |
Historical Data for: | 2017-2020 | Estimated Year: | 2022 |
Forecast Period 2022 to 2030 CAGR: | 5.5% | Forecast Period: | 2022-2030 |
Geographies covered: |
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Segments covered: |
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Companies covered: |
The Dow Chemical Company, SM Nutritional Products, Palsgaard A/S, The Lubrizol Corporation, Stepan Company, Spartan Chemical Company, Inc., Cargill, Incorporated, Kerry Group, Puratos Group, and BASF SE |
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Growth Drivers: |
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Restraints & Challenges: |
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Market Trends
The rising use of emulsifiers in the manufacturing of plastic during the polymerization of suspension is expected to fuel the market growth of emulsifiers over the forecast period. Moreover, the growth of the emulsifier is also attributed to the rising production of plastic around the globe. Thus growth in plastic production will favour the market growth. The growing demand for emulsifiers from the agriculture industry in the preparation of agrochemical products is expected to augment the market growth of emulsifiers.
Figure 2. Global Emulsifiers Market Value Share (%), By Application, 2021
On the basis of application, food & beverage dominated the global emulsifiers market in 2021 with around 55% of market share in terms of revenue, followed by personal care and pharmaceuticals, respectively.
Recent Developments
- In March 2021, Kerry Group, a public food company, launched a new range of beverage concepts for spring/summer 2021, with research into consumer trends showed that consumers preferred beverages that deliver flexitarian indulgence, fruity refreshment, or healthy teas.
- In October 2021, Kerry Group, a public food company, developed and released a leading-edge Plant-based Dairy Alternative Toolkit. Kerry’s toolkit provides innovators with a range of benefits and a research-based ‘building your brand’ checklist, which guides to help product developers create consumer-preferred taste experiences and tips on formulating with exciting flavours that will build consumer loyalty and foster repeat purchasing.
- In April 2021, Kerry Group, a public food company, launched an online, interactive sustainability calculator that enables beverage providers to quickly examine the significant benefits of moving toward dry beverage model and moving away from traditional liquid offerings. When analysed against liquid beverages, shelf-stable dry beverage solutions are designed, produced, packed and then served in a much more sustainable way. According to a technical life cycle assessment (LCA) study conducted by Kerry on its dry beverages, the sustainability benefits over traditional liquid beverages can be quantified and they are substantial.
Competitive Section
Major players operating in the global emulsifiers market include The Dow Chemical Company, SM Nutritional Products, Palsgaard A/S, The Lubrizol Corporation, Stepan Company, Spartan Chemical Company, Inc., Cargill, Incorporated, Kerry Group, Puratos Group, and BASF SE
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER’s Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
- Market Dynamics
- Global Emulsifiers Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Emulsifiers Market – COVID-19
- Impact Analysis
- Global Emulsifiers Market, By Product Type, 2017-2030 (US$ Billion)
- Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
- Lactic esters of fatty acids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Lecithins
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Mono & di-glycerides of fatty acid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Esters of monoglycerides of fatty acid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Polysorbates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Polyglycerol Esters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Polyglycerol Polyricinoleate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Introduction
- Global Emulsifiers Market, By Application, 2017-2030 (US$ Billion)
- Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
- Food & Beverage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Industrial Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Personal Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
- Introduction
- Global Emulsifiers Market, By Region, 2017-2030 (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
- North America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017– 2030
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017– 2030
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017– 2030
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
- France
- Germany
- Italy
- Spain
- U.K.
- Nordic
- Benelux
- Russia
- Poland
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017– 2030
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
- China
- India
- Japan
- Oceania
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017– 2030
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
- GCC
- South Africa
- Rest of Middle East & Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- DSM Nutritional Products
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Palsgaard A/S
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- The Lubrizol Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Stepan Company
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Spartan Chemical Company, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Cargill, Incorporated
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Kerry Group
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Puratos Group
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- BASF SE
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- The Dow Chemical Company
- Section
- References
- Research Methodology
- About Us and Sales Contact
* Browse 50 market data tables* and 40 figures* on “Global Emulsifiers Market” - forecast to 2030.
Detailed Segmentation:
- Global Emulsifiers Market, By Product Type:
- Lactic esters of fatty acids
- Lecithins
- Mono & di-glycerides of fatty acid
- Esters of monoglycerides of fatty acid
- Polysorbates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Others
- Global Emulsifiers Market, By Application:
- Food & Beverage
- Industrial Applications
- Pharmaceuticals
- Personal Care
- Others
- Global Emulsifiers Market, By Region:
- North America
- By Product Type :
- Lactic esters of fatty acids
- Lecithins
- Mono & di-glycerides of fatty acid
- Esters of monoglycerides of fatty acid
- Polysorbates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Others
- By Application:
- Food & Beverage
- Industrial Applications
- Pharmaceuticals
- Personal Care
- Others
- By Country:
- U.S.
- Canada
- By Product Type :
- Latin America
- By Product Type :
- Lactic esters of fatty acids
- Lecithins
- Mono & di-glycerides of fatty acid
- Esters of monoglycerides of fatty acid
- Polysorbates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Others
- By Application:
- Food & Beverage
- Industrial Applications
- Pharmaceuticals
- Personal Care
- Others
- By Country:
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- By Product Type :
- Europe
- By Product Type :
- Lactic esters of fatty acids
- Lecithins
- Mono & di-glycerides of fatty acid
- Esters of monoglycerides of fatty acid
- Polysorbates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Others
- By Application:
- Food & Beverage
- Industrial Applications
- Pharmaceuticals
- Personal Care
- Others
- By Country:
- France
- Germany
- Italy
- Spain
- U.K.
- Nordic
- Benelux
- Russia
- Poland
- Rest of Europe
- By Product Type :
- Asia Pacific
- By Product Type :
- Lactic esters of fatty acids
- Lecithins
- Mono & di-glycerides of fatty acid
- Esters of monoglycerides of fatty acid
- Polysorbates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Others
- By Application:
- Food & Beverage
- Industrial Applications
- Pharmaceuticals
- Personal Care
- Others
- By Country:
- China
- India
- Japan
- ASEAN
- Oceania
- Rest of Asia Pacific
- By Product Type :
- Middle East & Africa
- By Product Type :
- Lactic esters of fatty acids
- Lecithins
- Mono & di-glycerides of fatty acid
- Esters of monoglycerides of fatty acid
- Polysorbates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Others
- By Application:
- Food & Beverage
- Industrial Applications
- Pharmaceuticals
- Personal Care
- Others
- By Country:
- GCC
- South Africa
- Rest of Middle East & Africa
- By Product Type :
- North America