Emulsifiers Market Size, Share, Revenue, Future Demand, Top Leading Manufactures by 2030
Emulsifiers Market — Overview:
The emulsifier market is expected to register a CAGR of approximately 6.4% which can reach over USD 6.5 billion by the end of 2025.
Emulsifiers are predominantly utilized in numerous applications such as personal care, food & beverage, pharmaceuticals, agrochemicals, and others. Emulsifiers market is predicted to witness moderate growth due to rising demand for premium food products and convenience foods across the globe. Furthermore, the increasing trend for maintaining health consciousness, especially with respect to the consumption of food has provided a new momentum for the growth of the market. Among application segments, food & beverage is expected to register strong growth in the near future on account of the rising demand for emulsifiers from bakery and food processing units. Furthermore, rising demand from food processors to help their products to withstand demanding food processing by making them resilient and economic is expected to rise the emulsifier demand.
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Competitive Landscape
The most prominent major key players in the global emulsifier market in the global market are as follows:
- BASF SE (Germany)
- DowDuPont (U.S.)
- Kerry Group (Republic of Ireland)
- Koninklijke DSM N.V. (The Netherlands)
- Akzonobel N.V. (The Netherlands)
- Evonik Industries AG (Germany)
- Clariant (Switzerland)
- Solvay SA (Belgium)
- Archer Daniels Midland Company (US)
- Cargill, Incorporated (US)
- The Lubrizol Corporation (US)
- Stepan Company (US)
- Lonza (Switzerland)
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Industry/ Innovation/ Related News:
June 2017- Corbion company launched a new range of emulsifiers under its brand name SweetPro. SweetPro range comprises of SweetPro S100 in bulk liquid form, SweetPro P100 in powder form, and SweetPro V100 in paste form. This sweetPro emulsifier will help bakers to reduce partially hydrogenated oils and eliminate saturated fat in their sweet baked goods. With this product launch, the company strengthen its position in global emulsifier market.
January 2017- DuPont announced to switched to manufacture sustainable palm oil and palm oil derivatives. The company announced that its whole range of palm based emulsifier will be based on Roundtable on Sustainable Palm Oil (RSPO) certified sustainable palm oil and derivatives. This move will help company to reduce its 45,000 tonnes of carbon dioxide annually.
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June 2016- Corbion company decided to develop their Dolton, IL, based facility, to manufacture propylene glycol monoesters (PGME) emulsifiers, which producers generally used in bakery mixes, sweet goods, and other applications. Company expected that the new emulsifier is predicted to come in mid of 2017.
December 2016- Cargill planned to expand its range of emulsifiers with the introduction of deoiled canola lecithin. The company will provide three plant sourced lecithin options such as canola, sunflower, and soy in the Canada as well as U.S. This product launch will help company to develop products that meet the shifting expectations of today’s label conscious consumers.
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