Press release
Emulsifiers Market to reach USD 13.1 billion by 2027
"The global Emulsifiers market size is projected to register CAGR of 7.6% between 2022 and 2027 in terms of value."The global emulsifiers market size is projected to reach USD 13.1 billion by 2027 from USD 9.1 billion in 2022, at a CAGR of 7.6% during the forecast period. The ever-increasing demand for emulsifiers in emerging markets owing rising awareness of health and wellness and increasing demand for processed food & beverages is driving the demand for emulsifiers. Additionally, the demand for emulsifiers in emerging countries such as Asia Pacific, South America and Middle East & Africa, is increasing due the increase in demand for processed food & beverages that emphasizes to enhance the texture and stability of processed foods & beverages to drive the market for emulsifiers during the forecast period.
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Bio-based segment is projected to estimate for the largest share amongst other source in the emulsifier market, in 2027
A bio-based emulsifier is an emulsifying agent made from renewable, natural resources, such as plant-based ingredients. These emulsifiers are used in the food, cosmetic, and pharmaceutical sectors to help in the mixing of immiscible liquids, such as oil and water, into stable, homogenous mixtures. Bio-based emulsifiers are said to be more sustainable and environmentally friendly than conventional synthetic emulsifiers because they come from renewable sources.
Oilfield chemicals segment is projected to register the third highest CAGR during the forecast period.
The global oilfield chemicals industry uses different specialty chemicals, including emulsifiers to produce oil using various processes. The technique of enhanced oil recovery (EOR) makes widespread use of emulsifiers, leading to additional oil recovery. In the oilfield chemicals industry, emulsifiers are used as lubricants, dispersants, drilling agents, gelling agents, foam-controlling agents, wetting agents, suspending agents, and others for different purposes.
North America is projected to be the second fastest growing region in the emulsifier market during the forecast period.
North America is predicted to be the second fastest growing region amongst others in the emulsifiers market in 2022, in terms of value and volume.US, Canada, and Mexico are the key countries driving the North American emulsifiers market. This region is diversified and is strongly focused on the development of new products and advanced technology for the same, to cater to the needs of its end users. The processed food market has been on the rise in this region due to its fast-paced lifestyle, less focus on nutrition, and more emphasis on time-saving methods of preparing food. Apart from processed food, this region has seen a hike in the use of cosmetics & personal care emulsifier-based products.
Extensive primary interviews were conducted in the process of determining and verifying the sizes of several segments and sub segments of the emulsifiers market gathered through secondary research.
Emulsifiers, a crucial component in many food products, play a vital role in creating stable and appealing textures. As the food industry embraces innovation and responds to changing consumer demands, the future of emulsifiers promises exciting advancements that cater to health-conscious individuals and sustainability-driven practices.
One of the key areas of development is the pursuit of healthier alternatives. Traditional emulsifiers like mono- and diglycerides often originate from partially hydrogenated oils, which contain harmful trans fats. Food scientists are actively exploring natural and healthier options sourced from plants, such as lecithin from soybeans or sunflowers, which maintain the functionality of emulsifiers while aligning with the growing demand for clean label ingredients.
Moreover, the emphasis on sustainability is transforming the use of emulsifiers in the food industry. Sustainable and ethically sourced ingredients are becoming a priority for consumers, leading to the adoption of emulsifiers derived from environmentally friendly sources. Additionally, there is a focus on reducing food waste, and emulsifiers can help improve the texture and extend the shelf life of food products, minimizing unnecessary spoilage.
Furthermore, advancements in food technology are driving the development of novel emulsifiers with specific functionalities. Tailored emulsifiers are being engineered to meet the requirements of different food formulations, ensuring optimal stability and texture for a wide range of products. Customizable emulsifiers enable manufacturers to create healthier and more innovative food options without compromising on taste or quality.
In conclusion, the future of emulsifiers is characterized by a commitment to health and sustainability, as well as the quest for advanced functionalities to meet evolving consumer needs. As the food industry continues to prioritize these aspects, the role of emulsifiers will extend beyond texture enhancement, contributing to a more sustainable and health-conscious food landscape. Embracing these innovations will lead to healthier, tastier, and more planet-friendly food choices for consumers worldwide.
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