Press release
Emulsifiers Market Is Growing At A CAGR Of 6.10% By 2030 | MRFR
The emulsifiers market is projected to be worth USD 7.4 Billion by 2030, registering a CAGR of 6.10% during the forecast period(2021 - 2030)The Global Emulsifiers Market has seen excellent growth over the past few years and it has been predicted that the global market will keep on rising during the forecast period. The emulsifiers market is mainly driven by the growing demand from its application segments such as Food & Beverages, Personal Care, Pharmaceuticals, Agrochemicals, and others. The emulsifiers market is mainly driven by the demand of food & beverages as this segment holds a strong position in the emulsifiers market. According to MRFR analysis, the rising awareness of food is a good prospect for the emulsifiers' manufacturers. The other major factors behind the growth of emulsifiers market are changing consumer preferences and life style, increasing food demand, emerging economies and other several factors.
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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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Market Segmentation
The global emulsifier market in the global market has been divided based on the chemical structure, application, and region.
Based On Chemical Structure
The global emulsifier market in the global market has been divided based on the chemical structure into natural-synthetic and semi-synthetic. Synthetic emulsifiers are further divided into anionic, cationic, and nonionic.
Based On Application
The global emulsifier market has been divided based on the application into food products, personal care, cosmetic products pharmaceutical, oil Emulsifier field, agrochemicals, and others.
Based On The Region
The global emulsifier market has been divided into various regions. These regions are North America, Asia-Pacific, Latin America, Europe, the Middle East, and Africa.
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Industry Updates:
Apr 2021 Sternchemie has acquired an important GRAS "letter of no objection" from the U.S. Food and Drug Administration (FDA), freeing the path for the usage of its sunflower lecithins, exploited widely throughout snacks and confectionery markets. The German-based company hailed the ruling, which offers clarity for food manufacturers regarding its varieties, counting de-oiled, liquid, or hydrolyzed, can safely be used in a wide variety of goods. The business noted that the GRAS notification is indispensable for all producers who want to manufacture in or export to the North American regional market. As a versatile emulsifier and surface-active part, sunflower lecithin can be expended in many different foods, from instant products, baked goods to chocolate, ready meals, and beverages.
Apr 2021 Marisurf, the European Union (E.U.) marine research consortium, has announced results from its five-year project, classifying marine microbes as a significant way to grow bio-based replacements for surfactants and emulsifiers in food, personal care, and pharmaceutical formulations. Marisurf stated the project had unveiled encouraging substitutes found in marine microorganisms.
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