Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.91 Billion | USD 15.15 Billion | 5.54% | 2021 |
FrequentlyAsked Questions
The global emulsifiers market is projected to grow owing to the ever-expanding food & beverages (F&B) industry. With constant product innovation and the launch of new food items globally daily, emulsifiers have become integral to the growth of the F&B sector. Both industries stand to benefit from one another resulting in a loop of continuous growth.
According to study, 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.
The global emulsifiers market is expected to be dominated by North America by 2030 following the trend in the last few years. This can be attributed to the presence of key market players in the United States across the top sectors that use emulsifiers on a large scale namely the F&B, pharmaceutical, and personal care industries.
The global emulsifiers market is dominated by players like Spartan Chemical Company, Inc, Spartan Chemical Company, Inc., Dow Chemical Company, Puratos Group, Stepan Company, and Kerry Group.
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