Global Emulsifiers Market: Demand Analysis and Growth Forecast

The emulsifier is a molecule that is a combination of hydrophobic and hydrophilic part, which is used to promote stability between water and oil by reducing the interfacial tension. It acts as an aerating agent, a starch complexing agent, crystallization inhibitor, and it interacts with other food ingredients. These emulsifiers inhibit clump of residues, redeposit of residue on the surface, and allow the residue to precipitate. Attributing to recent developments in emulsifiers, an IndustryARC market research report projects profitable progression in the emulsifiers market during the forecast period of 2018-2023.

Browse 63 Market Tables, 177 Figures spread through 145 slides and an in-depth TOC on “ ”Emulsifiers Market (2018 - 2023)

Global Emulsifiers Market: Disruptive Trends

1. Growing utilization of natural emulsifiers in skin care products by developing them from a variety of chemistries

• Huge investments by the manufacturers to produce water-resistant creams and lotions is stroking the market growth
• Increasing usage of natural emulsifiers in food emulsions such as bakery and confectionery products will continue providing consistent demand
• Long shelf life, bio-compatibility, and chemical inertness of emulsifiers are some of the key benefits propelling the growth of the market

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Global Emulsifiers Market: Leading Segments

The emulsifiers market can be segmented based on type, chemical nature, and end-use industries. Based on the type, it can be segmented into natural, semi-synthetic, and synthetic. On the basis of chemical nature, it can be bifurcated into anionics, non-ionic, cationic, and amphoteric. Based on end-use industries, the market can be further classified into food, pharmaceuticals, personal care, and others. Increasing disposable income in developing countries such as India and China is expected to maintain APAC as a key region for the players operating in this market.

Global Emulsifiers Market: Competitive Landscape

BASF, Kerry Group, DowDuPont Inc. Royal DSM N.V. and Solvay are some of the manufacturers of the emulsifiers. BASF is a company which is operating with a wide range of products in chemicals, plastics, performance products, and crop protection products to oil and gas. BASF provides emulsifiers under a brand name Kolliphor. These are ionic and non-ionic emulsifiers used for a variety of emulsions.

The emulsifier is an emulsifying agent used as additives in food processing. It is majorly used in food applications, and in manufacturing personal care products, which is contributing to the growth of the market for the same. 

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The global food emulsifiers market size is projected to reach USD 3.82 billion by 2025 owing to the changing lifestyles as a result of relocation to cities away from home and an increasing number of working women. The rapidly progressing and expanding food & processing industry across the globe is also acting as a key driving factor behind the growth of food emulsifiers market. The multi-functionality of emulsifiers to bind water & oil, improve processing tolerance & efficiency, enhance shelf life and contribute to consistent & high-quality food products makes it a preferred choice as a food additive.

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Stearoyl lactylates are anticipated to be the fastest growing segment among the major food emulsifiers market types by 2025, growing at a volume CAGR of 6.5% over the forecast period. This is attributed to their widespread application in baked goods, cereals, sugar confectionaries, powdered beverage mixes, dehydrated potatoes, snack dips, sauces, gravies, dietetic foods, minced & diced canned meats and pet food among others. Being highly effective and rendered safe by the U.S. FDA further contributes towards the growth of this segment.

Based on end-use, bakery & confectionary is likely to continue holding the largest revenue share of more than 59% by 2025. Increasing demand for innovative gluten-free baked products with improved shelf-life have escalated the growth of this segment. Consumer tastes are becoming increasingly sophisticated and this is reflected in the strong demand for bakery products, pastries and chocolate. Manufacturers are expanding their portfolios and experimenting with new products such as whole-wheat bread, high-fiber biscuits, gluten-free products and sugar-free chewing gums for children. This expansion of potential applications for food emulsifiers is likely to further boost its demand in this segment.

Geographically, food emulsifiers market trends differ across the regions. Asia Pacific is projected to exhibit the largest demand for food emulsifiers during the forecast period, at an estimated volume of 386.8 kilo tons in 2025. This is assisted by the broad consumer base, continued rise of disposable incomes, urbanization and increased consumer awareness regarding low-fat foods in countries. Furthermore, these factors are offering huge growth opportunities in countries like China and India. The initiatives taken by the government to improve the food processing sector is expected to act as a catalyst in the growth of the global food emulsifiers market size during the forecast period.

The nature of the global food emulsifiers market is fragmented and highly competitive due to the presence of a large number of established players. DuPont, Cargill, Incorporated, RIKEN VITAMIN Co., Ltd, Palsgaard A/S, Lonza Group, Kerry Inc., BASF SE, LASENOR EMUL, S.L, Futura Ingredients (Singapore) Pte Ltd. and Estelle Chemicals Pvt. Ltd. are some of the key players operating in the market. Increasing innovation in the global food emulsifiers market has opened up new venues for the growth of the key players. Significant investments in research & development driven by the need for innovative products has helped in building value through high margin products and has extended the lifecycle of the product in the global market.

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