Global Emulsifiers Market To Generate to grow to around USD 15.15 billion by 2030

The global emulsifiers market size was worth around USD 8.91 billion in 2021 and is predicted to grow to around USD 15.15 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.54% between 2022 and 2030.

Emulsions are mixtures of two or more unblendable components that make use of external agents called emulsifiers to reach a stable kinetic state. They have wide applications in the food & beverages, pharmaceutical, and cosmetic industries, three of the largest users of emulsifiers. In the food sector, they act as additives to create a coherent mixture while in the personal care of the cosmetics industry they allow businesses to create solutions that are stable and effective without any negative implications. When two liquids are combined together they can form different types of emulsions and do not have a static internal structure.

This is one of the major reasons why every emulsion should be created using a specific emulsifier to optimize the end results. Most emulsifiers occur naturally however, with advancements in technology, the world has witnessed a rise in the number of synthetic or man-made emulsifiers. Naturally occurring compounds are derived from hydrocolloids that act as thickeners when added to food products while also improving shelf life and texture. Proteins, diacetyl tartaric acid esters of mono, sodium stearoyl lactylate, and others are some of the most widely used emulsifiers in the food sector.

The global emulsifiers market is anticipated to grow owing to the increasing application of the compounds in the personal care and cosmetics industry, one of the fastest growing sectors due to the rising population, increasing consumer awareness, rising number of players in the market, and easy accessibility as a result of products being available on various e-commerce and social media platforms.

The use of technology to enhance the quality of the products and improve the inclusivity-factor by catering to the needs and demands of consumer segments from different regions, ethnicity, requirement, and other important factors is one of the major reasons for the cosmetics industry to witness such high revenues in the last couple of years. Constant product innovation and strong marketing strategies have allowed businesses to enter the remotest areas and generate curiosity among consumers for their products.

The personal care industry has been revolutionized by creating an amalgamation of science and research. The research wing of Loreal, one of the leading global cosmetics brands, spent over USD 1 billion on research and development in 2019.

However, the use of emulsifiers in personal care ends up increasing the cost of the final good rendering it unaffordable for some sections of the consumer segment. Since the expense associated with the extraction of natural emulsifiers and manufacturing of synthetic emulsifiers is high, the companies end up increasing the final sale price of the product which could act as a restricting factor for the global market growth.

The growing awareness about natural emulsifiers may provide excellent growth opportunities while the high cost of extraction is expected to challenge higher revenue.

The global emulsifiers market is segmented based on application, source, and region

Based on application, the global market divisions are personal care, food & beverages, pharmaceuticals, and others. In 2021, the largest segmental market share was held by the applications in the food & beverages industry. The food sector has undergone an evolution over the years and in the modern world, aided by growing knowledge of food and its components along with the adoption of technology from researching and developing more ingredients to the end-production of food products, the industry has witnessed a drastic change in the last couple of years. Although some of the naturally sourced emulsifiers have been in existence for decades, market players have managed to develop artificially enhanced emulsifiers that can provide added benefits. The chocolate industry, one of the biggest consumers of emulsifiers, was valued at USD 129 billion in 2019.

Based on source, the global market divisions are animal, plant, and synthetic. In the last few years, plant-based emulsifiers have led the segmental growth because some of the widely used emulsifiers come from plants. Agar-agar, gellan gum, soy lecithin, and xanthan gum amongst many others are some forms of highly regarded emulsifiers in the global market. The soy lecithin market generated more than USD 730 million in 2020.

North America is projected to witness surging results in the global emulsifiers market owing to the high adoption rate of the compounds in the pharmaceutical sector of the US, one of the most dominating and highest revenue generation industries across the globe. Growing innovation and research have allowed pharmaceutical giants to develop various topical drugs that use emulsifiers extensively to deliver optimum outcomes. Following the same trend, Europe may also lead with a high CAGR due to the expanding hold of Germany’s pharmaceutical sector. Growth in Asia-Pacific could be driven by the increased revenue in the cosmetic industry, especially in South Korea which is currently one of the major producers of skincare and make-up products with clients and consumers located globally.

This review is based on a report by Zion Market Research, titled “Emulsifiers Market By Application (Personal Care, Food & Beverages, Pharmaceutical, and Others), By Source (Animal, Plant, and Synthetic), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/emulsifiers-market

Recent Developments:

• In November 2020, Pola Chemicals announced the launch of a new emulsifier targeting the growing do-it-yourself market
• In March 2019, Gattefosse, targeting the pigmented option market, launched a new natural emulsifier

The global emulsifiers market is dominated by players like:

• Spartan Chemical Company Inc
• Dow Chemical Company
• Puratos Group
• Stepan Company
• Kerry Group.

The global emulsifiers market is segmented as follows:

By Application

• Personal Care
• Food & Beverages
• Pharmaceutical
• Others

By Source

• Animal
• Plant
• Synthetic

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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