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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Browse 50 market data tables* and 40 figures* on "Global Emulsifiers Market” - Forecast to 2030.
Key Trends and Analysis of the Global Emulsifiers Market:
- Rising health-conscious consumers due to growing awareness regarding the benefits of consuming healthy food have raised the demand for a clean label food ingredient. In response to rising demand for a healthy ingredient, the manufacturer is introducing clean label emulsifier food products. For instance, in March 2020, Ingredion, an ingredient provider company, introduced a clean label emulsifier made from chickpeas. The product touted as a replacement for eggs or for use in dressings and sauces without affecting taste or texture.
Key Takeaways of the Global Emulsifiers Market:
- On the basis of product type, mono & di-glycerides of fatty acid dominated the global emulsifiers market in 2021 with around 22% of market share in terms of revenue, followed by as esters of mono-glycerides of fatty acid and lecithin, respectively
- Rising technological advancements pertaining to the manufacturing technology is further inducing growth in the market value. Increasing number of technological advancements driven with a view to minimize the production costs and wastage coupled with growth in industrialization has increased the use of roofing materials for sustaining the efficiency of machinery is further ensuring a bright future for the market.
- New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities for the emulsifiers are key strategies adopted by players in the global emulsifiers market.
