Emulsifiers Market is anticipated to grow at a steady CAGR from 2019 to 2030
Market Industry Reports (MIR) has published a new report titled “Emulsifiers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global emulsifiers market is estimated to be over US$ 3.8 Bn in 2018 and is anticipated to grow at a steady CAGR from 2019 to 2030.
The market growth can be attributed to a wider application of emulsifiers across different industries. Applications in different food & beverages contribute to a major share of the emulsifiers market and the trend is expected to continue during the forecast period. In addition to its use in the food & beverages, different types of emulsifiers find application in other industries such as beauty & personal care, healthcare, animal feed, and others. The beauty and personal care industry is expected to witness a strong demand owing to its increasing use in products such as body lotions, day & night creams, sun protection creams, shampoos, dyes, and fragrances, among others. These emulsifiers are used to form or preserve the texture of products in order to prevent different ingredients from separating. Some of the widely used emulsifiers in cosmetic products include polyethylene glycols, polypropylene glycols, and sorbitan esters. In 2019, Gattefossé SAS introduced Emulium Illustro, a water-in-oil emulsifier designed for pigmented formulations. This emulsifier aims to bring a soft and hydrated feel to the skin and can also be used to give a better texture to skincare products. Hence, the demand for emulsifiers from leading cosmetic companies such as Loreal, Coty, Estée Lauder, etc. is expected to continue over the forecast period.
The trend of clear labeling has resulted in consumers opting for emulsifier-free agents. This stands to be one of the major challenges expected to impact
market growth during the forecast period. Owing to various research studies linking synthetic emulsifiers to increasing intestinal permeability and leading to allergenic and autoimmune diseases, alternatives are being used to replace synthetic emulsifiers. As a result, products such as transglutaminase (TGase), plant protein, and hydrocolloids are being used across food & beverage applications.
North America stands to be one of the major markets in terms of consumption of emulsifiers globally owing to factors such as established food & beverages, healthcare, and beauty & personal care industries. Owing to rising health consciousness among consumers, the demand for low-fat foods is on a rise which is further supplementing the growth of emulsifiers in the region. Additionally, the presence of leading players such as Archer Daniels Midland Company, Ingredion Incorporated, and Dow offering a broader portfolio of products and wider distribution network is expected to supplement market growth in the coming years. Additionally, new product launches by leading manufacturers are expected to further drive the demand in this region. For instance, in 2018, Cargill introduced a new de-oiled rapeseed lecithin that provides a Non-GMO and allergen-free option and finds its application in the bakery & snacks segment.
Browse key industry insights spread across 175 pages with market data tables & figures & charts from the report, Emulsifiers Market by Source (Plant Based and Animal Based), by Product (Lecithins, Mono & Di-Glycerides and Their Derivatives, Sorbitan Esters, Stearoyl Lactylates, and Polyglycerol Esters), by End Use Industry (Food and Beverages (Bakery, Meat and Poultry, Dairy and Frozen Desserts, Sauces and Dressings, Beverages), Healthcare, Beauty and Personal Care, Paints and Coatings and Animal Feed) - Global Analysis & Forecast 2019-2030 in detail along with the table of contents:https://www.marketindustryreports.com/emulsifiers-market/160
Major players operating in the emulsifiers market include Ingredion Incorporated, Kerry Inc, Cargill Incorporated, Dow, ADM (Archer Daniels Midland Company), Lonza , Corbion N.V., Stepan Company, BASF SE, Riken Vitamin Co., Ltd., and Puratos.
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