Global Emulsifiers Market is estimated to be valued at US$ 5.4 Billion in 2021, according to the Global Emulsifiers Market Report, 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), published by Coherent Market Insights.
Global emulsifiers market was valued at US$ 5.4 Billion in 2021 and is expected to register a CAGR of 5.5% over the forecast period (2022–2030), to reach US$ 8.8 Billion by 2030. An emulsifier is a compound used to stabilize the two or more immiscible liquid by preventing them from the separation of two liquid. An emulsifier substance has a water-loving hydrophilic head and an oil-loving hydrophilic tail that support the better stabilization of the two or more liquid phase. Emulsifiers help to keep the oil suspended and blended into the product. Emulsifiers are widely used across cosmetics, pharmaceuticals, agrochemicals, and food &beverage industry. Lecithins, lactic esters of fatty acids, polyglycerol esters, mono & di-glycerides of fatty acid, polysorbates, esters of monoglycerides of fatty acid, and polyglycerol polyricinoleate are some of the types of emulsifiers.
The COVID-19 pandemic has placed unprecedented stresses on food supply chains, with bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. Food supply chains have demonstrated remarkable resilience in the face of these stresses. COVID-19 had opted for the manufacturers to look for high-quality ingredients and products for the consumers. Consumers are ready to pay a higher amount given the high quality of the product. This has resulted in manufacturers focusing more on maintaining a strong relationship with the value chain stakeholders.
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