The Emulsifiers Market size was valued at $8.9 billion in 2021, and is estimated to reach $15.1 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031. Emulsifiers are Food and Drug Administration (FDA)-authorized food ingredients that aid in the combination of goods containing insoluble food components, such as oil and water. Emulsifiers are found in packaged and convenience foods such as mayonnaise, margarine, meats, ice cream, salad dressings, and chocolate.
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Significant advancements in emulsion science that lead to improvement in product quality & efficiency and minimization of processing time and usage of natural emulsifiers in culinary items drive the growth of the global emulsifiers market. However, rise in usage of synthetic emulsifiers that make fatal impact on the consumer health by lowering down the diversity of gut flora and raising the risk of obesity and chronic diseases limit the market growth. On the other hand, the availability of semi-synthetic emulsifiers create new opportunities in the coming years.
Key Players Are:
The players operating in the global emulsifiers industry have adopted various developmental strategies to expand their emulsifiers market share, increase profitability, and remain competitive in the emulsifiers industry. The key players profiled in this report include Archer Daniels Midland, AkzoNobel N.V., BASF SE, Cargill, Inc., Clariant AG, DuPont, Evonik Industries, Kerry Group, Koninklijke DSM N.V., and Solvay S.A.
Regional Analysis:
The global emulsifiers market is segmented into source, application, and region. On the basis of source, the market is categorized into plant, animal, and synthetic. By application, it is fragmented into food & beverages, personal care & cosmetics, pharmaceuticals, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Turkey, South Africa, Argentina, and rest of LAMEA).
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With the evolution of technology, industrial businesses are adopting new sources of emulsifiers to improve product quality, boost efficiency, and minimize processing time. For decades, emulsion technology has been used in the food industry to produce a wide range of products such as homogenized milk, creams, dips, dressings, sauces, desserts, and toppings. Significant advances in emulsion science, on the other hand, have lately resulted in revolutionary approaches for improving food quality and usability.
Key findings of the study
- According to emulsifiers market analysis, on the basis of source, the plant segment is projected to witness the highest CAGR of 6.6%, in revenue terms, during the forecast period.
- Depending on application, the pharmaceuticals segment is expected to grow at a significant CAGR during the emulsifiers market forecast period.
- According to emulsifiers market trends, U.S. was the largest country, in terms of revenue generation, in 2021.
- Asia-Pacific is anticipated to exhibit the highest CAGR of 7.1% from 2022 to 2031.
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Based on source, the animal segment held the highest market share in 2021, contributing to nearly two-fifths of the global emulsifiers market, and is expected to maintain its lead position during the forecast period. This is due to high usage in different industries and increase in availability in the market. However, the plant segment is estimated to manifest the largest CAGR of 6.6% from 2022 to 2031, owing to rise in demand by health-conscious and vegan consumers.
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