Title: Emulsifiers Market
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2 EMULSIFIERS MARKET ANALYSIS
- Emulsifiers Market, By Product Type (Lactic
esters of fatty acids, Lecithins, Mono
di-glycerides of fatty acid, Esters of
monoglycerides of fatty acid, Polysorbates,
Polyglycerol Esters, Polyglycerol
Polyricinoleate, Others), By Application (Food
Beverage, Industrial Applications,
Pharmaceuticals, Personal Care, Others), and By
Region (North America, Latin America, Europe,
Asia Pacific, Middle East Africa) - Size,
Share, Outlook, and Opportunity Analysis, 2020 -
2027
3Emulsifiers are used as a stabilizing agent
across cosmetic, food beverage, pharmaceutical,
and personal care industry where it helps to
stabilize the two or immiscible liquid. In the
food industry, it is also used to preserve the
sensitive feature of food such as tastes,
texture, and flavor. Moreover, it is also used in
the agriculture industry in the manufacturing of
agrochemicals. In the pharmaceutical industry, it
finds application across tablets, creams gels,
and syrups. An emulsifier is mainly used in the
mixture of liquid where one solution is water and
the other is oil. It helps to keep the solution
blended by preventing them from getting
separated.The global emulsifiers market is
projected to surpass US 7.0 billion by the end
of 2027, in terms of revenue, growing at CAGR of
6.0 during the forecast period (2020 to 2027).
- Drivers
- Rising demand for emulsifiers from the
pharmaceutical industry where it is used in the
drug formulation such as tablets and syrups is
expected to propel the market growth. The growth
of emulsifiers is also attributed to the growth
in the pharmaceutical industry due to the rising
production of the drugs. Thus, the growing demand
for emulsifiers from the pharmaceutical industry
will favor market growth over the forecast
period. - Growing demand for lactic esters of fatty acids
across the personal care industry due to its
multi-functional property is expected to augment
the market growth of emulsifiers. It is used as a
humectant and emulsifying agent in the
manufacturing of personal care products such as
lotions, creams, bath products, facial cleansers.
Furthermore, it is also used as a gellant in the
deodorants and antiperspirants products. - Regionally, Europe dominated the global
emulsifiers market in 2019, reporting 33 market
share in terms of revenue, followed by North
America and Asia-pacific, respectively.
4 Figure 1. Global Emulsifiers Market,
Revenue Share (), By Region, 2019
5 Market Restraints
- Use of emulsifiers in personal care products
tends to be expensive and acts as a challenge
during the formulation of products. This
increases the overall price of personal care
products. This factor is expected to hinder the
market growth of emulsifiers over the forecast
period. - The growing use of enzymes in place of emulsifier
especially in the bakery products is expected to
limit the use of an emulsifier. The use of
enzymes has proven to be a cost-effective
solution for products such as cakes, bread, and
biscuits. Thus, the advent of advanced
technologies such as the use of enzymes is
expected to hamper the market growth.
6 Market Opportunities
- Rising use of emulsifiers in the paints coatings
industry as a stabilizing and thickening agent is
expected to augment the market growth of
emulsifiers. An emulsifier helps in stabilize and
thicken coatings in the paint industry. Moreover,
it is also used to promote the shear-thinning in
oil drilling activities. Thus, the growing
application of emulsifier in the paints coatings
industry is expected to propel the market growth
over the forecast period. - Growth in the processed food industry is expected
to expand the scope for emulsifier due to
increasing the development of variety in food
products is expected to offer immense
opportunity. Rising demand for the ready-to-eat
product, snacks, desserts, and infant nutrition
products is projected to propel the market growth
of emulsifiers over the forecast period.
Moreover, the growing demand for packaged and
convenience food is also expected to accelerate
market growth.
7Figure 2. Global Emulsifiers Market Opportunity
Analysis
8 Market Trends
- The rising use of emulsifiers in the
manufacturing of plastic during the
polymerization of suspension is expected to fuel
the market growth of emulsifiers over the
forecast period. Moreover, the growth of the
emulsifier is also attributed to the rising
production of plastic around the globe. Thus
growth in plastic production will favor the
market growth. - The growing demand for emulsifiers from the
agriculture industry in the preparation of
agrochemical products is expected to augment the
market growth of emulsifiers. An emulsifier is
used to enhance the effectiveness of the
pesticide and insecticides and target or protect
the specific species. Thus, the rising demand for
emulsifiers from the agriculture industry is
expected to augment the market growth.
9Figure 3. Global Emulsifiers Market, Revenue
Share (), By Application, In 2019
On the basis of application, food beverage
dominated the global emulsifiers market in 2019
with around 55 of market share in terms of
revenue, followed by personal care and
pharmaceuticals, respectively.
10- Regulations
- North America
- U.S. Food Drug Administration
- The quantity used shall not exceed the amount
reasonably required to accomplish the intended
technical effect and the quantity that may
become a component of food as a result of such
use shall not be intended to, nor in fact,
accomplish any physical or technical effect in
the food itself. - Competitive Section
- Key players are operating in the global
emulsifiers market are The Dow Chemical Company,
SM Nutritional Products, Palsgaard A/S, The
Lubrizol Corporation, Stepan Company, Spartan
Chemical Company, Inc., Cargill, Incorporated,
Kerry Group, Puratos Group, and BASF SE - Few Recent Developments
- Kerry Group
- In December 2018, Kerry has acquired Ariake USA,
the North American business of Ariake Japan Co,
and Southeastern Mills (SEM) North American
coatings and seasonings business for US 360
million..
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