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Emulsifiers Global Market Exhibit a Remarkable CAGR of 8.3% and is expected to reach $9.5 Billion By 2028 | BASF SE, Kerry Group PLC, Dow Inc., Palsgaard A/S, Puratos Group

Emulsifiers Global Market

Emulsifiers Global Market

The emulsifiers market size has grown strongly in recent years. It will grow from $6.39 billion in 2023 to $6.91 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growth in world population and an increase in natural food products.

The emulsifiers market size is expected to see strong growth in the next few years. It will grow to $9.5 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to global population growth and urbanization, rapid growth in ecommerce, increasing consumption of packaged food and food security initiatives. Major trends in the forecast period include global population growth and urbanization, rapid growth in ecommerce, increasing consumption of packaged food and food security initiatives.

Market Overview -
The emulsifiers act as a surfactant that stabilizes the emulsions. Emulsifiers also called emulgents, are surface-active agents that act at the interface between two immiscible liquids such as oil and water, allowing them to be blended into stable emulsions, by maintaining the stability of the mixture. Emulsifiers also reduce stickiness, control crystallization, and prevent separation and are present in ready-made sauces, mayonnaise, soups, and many other food products in which the combination of oil and aqueous phase is needed. They are also found in dairy products such as milk, cream, butter, cheese, yogurt, and various kinds of sweets, such as chocolate, chocolate bars, and marshmallows.

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Rising Demand For Emulsifiers In The Global Food Industry Fuels Market Growth
The increasing demand for emulsifiers in the food industry for packaged and convenience food worldwide is contributing to the growth of the emulsifiers market. Food emulsifiers are increasingly being used in packaged and convenience food products to prevent microbial spoilage. Demand for packaged and ready-to-eat food is growing over time due to busy lifestyles, the changing eating habits of the population, and the spread of the COVID-19 pandemic. For instance, in May 2022, according to Northeastern University, a US-based private research university 73 percent of the food supply in the US is ultra-processed. In addition to this, in May 2023, according to Food Dive, a US-based online media publication, 2022, sales of salty snacks reached $28.4 billion, which is 15.6% up from the previous year. Hence, the increasing demand for emulsifiers in the food industry is expected to drive the growth of the emulsifiers market.

Competitive Landscape -
Major companies operating in the emulsifiers market report are Cargill Incorporated, Archer Daniels Midland Company, BASF SE, Kerry Group plc, Dow Inc, Palsgaard A/S, Evonik Industries AG, Ingredion Incorporated, Koninklijke DSM N.V, Stepan Company, Mitsubishi Chemical Corporation, Estelle Chemicals Pvt Ltd, Fine Organic Industries, Savannah Surfactants Limited, Riken Vitamin Co. Ltd., Foodchem International Corporation, Jeevika Yugchem Pvt. Ltd., Global Specialty Ingredients, Qingdao Haixingyuan Biotechnology Co. Ltd., Sisterna, Puratos Group, LECICO GmbH, Avril Group, Lasenor Emul, Tate & Lyle, Lonza Group AG, Corbion N.V., DuPont de Nemours Inc, Tyson Foods, Bunge Limited, Royal DSM, Frutarom, Eshbal Functional Food, Future Meat Technologies, Vitachem NG, ChemSystems, Fourchem

Solvay Launches Reactive Waterborne Emulsifier For Solid Epoxy Resins
The launch of new products is a key trend in the emulsifiers market. New product launches increase the product portfolio of a manufacturer and help to increase market share. For instance, in November 2021, Solvay, a Belgium-based science company, launched a reactive waterborne emulsifier for solid epoxy resins. Solvay has established an emulsifier for solid epoxy resins that is non-ionic, reactive, and devoid of alkylphenol ethoxylates (APE), mostly used in industrial coatings, paints, or binders.

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Key Segments -
The emulsifiers market covered in this report is segmented -
1) By Product: Lecithin, Mono And Di-Glycerides, Stearyl Lactylates, Sorbitan Esters, Polyglycerol Esters, Other Products
2) By Chemical Structure: Natural, Synthetics, Semi-Synthetics
3) By Application: Food Emulsifiers, Cosmetics And Personal Care, Oilfield Chemicals, Pharmaceutical, Agrochemicals, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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