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Emulsifiers Procurement Market Grows, China Captures 31% of Global Exports | ELINT Market Research

07-10-2024 04:04 PM CET | Food & Beverage

Press release from: ELINT Market Research

Emulsifiers Procurement Market

Emulsifiers Procurement Market

According to ELINT Market Research's most recent data, the Emulsifiers Procurement Market has been growing steadily for several years. Their analysis of the supply of food emulsifiers globally for 2021 shows a robust total production figure of 0.9 million metric tons (MMT), including various emulsifier segments. Global mono and diglyceride production comprised 0.4 MMT of this total, followed by 0.3 MMT of food lecithin and 0.2 MMT of other emulsifiers. This thorough analysis highlights emulsifiers' significant contribution to the food sector, given their wide range of uses and high demand.

The research provides insight into the expanding Chinese food market, estimating a stunning revenue peak of over USD 1.5 trillion for 2022-2023. This forecast indicates a notable yearly growth of 5.2%, demonstrating the strong growth potential in this industry. The need for emulsifiers is going upward due to the need for high-quality food products and improved production methods, which will fuel the growth and success of Chinese food enterprises. These data indicate a promising future for the emulsifiers market, establishing it as a significant force in expanding the global food sector. The steady increase in output and the considerable revenue projection for the Chinese market highlight the emulsifier industry's persistence and future promise.

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Rise in Processed Food Consumption and Globalization of Food Supply Chains to Fuel Market Growth

Emulsifier use in a wide range of products, such as cereals, ready-to-eat meals, baby and child nutrition products, snacks, desserts, and more, is increasing in the food business worldwide. This growing emulsifier utilization will likely influence the direction of the global emulsifier market. As technology advances, industrial companies seek new and creative ways to find emulsifiers to increase productivity, shorten processing times, and improve product quality. Emulsion technology, a mainstay of the food industry for many years, is essential to producing a wide range of goods.

The clean label movement significantly impacts producers' and consumers' choices in the modern food production environment. The emulsifiers market is evolving due to the growing demand for natural and bio-based components and the emphasis on transparency. As per research analysis, this pattern will increase demand for natural emulsifying materials. Consumer preferences are shifting in favor of products with readily identifiable and natural components as the clean label movement gathers traction. Manufacturers are now concentrating on including these natural and bio-based emulsifiers to satisfy the growing customer demand.

Key Highlights for the Emulsifiers Market

• The personal care & cosmetics sector is becoming the dominating force in the emulsifiers industry, which is undergoing a paradigm shift. The industry's dependence on emulsifiers stems from their exceptional capacity to improve the combination of water and oils. Emulsifiers are especially important in formulations such as lotions and creams because they help achieve the delicate equilibrium required to keep the product homogeneous.

• The Asia-Pacific region will lead the emulsifiers market throughout the forecast period. With growing populations and disposable wealth, nations like China and India are seeing a sharp increase in emulsifier needs. Emulsifiers, especially lecithin, are becoming increasingly popular in food items like chocolate and confections because they provide several processing and storage benefits.

• With a sizable revenue share, the monoglycerides and diglycerides section of the emulsifiers market stands out. These fatty acid esters derived from glycerin are essential for increasing surface activity, which is required for processed foods to be adequately stabilized and homogenized.

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Emulsifiers Market Regional Dynamics

With a 23% market share, the United States topped the emulsifiers market in 2021. The strong industrial base of the nation and the thriving food and beverage industry are responsible for this impressive achievement. The US is a prime example of how a solid industrial base and a flourishing food and beverage sector can work together to achieve market supremacy. With a 22% market share, South Korea secured second place and saw impressive growth, especially in the personal care and cosmetics industries. The region's emulsifier industry growth reflects the strategic importance of innovation and quality in the personal care sector.

China emerged as the export leader with an astounding 31% of the worldwide emulsifiers market. It highlights the country's booming manufacturing industry and rising processed food consumption. China's role as an export powerhouse serves as a benchmark for other aspirational regions, bolstering the correlation between industrial development and market supremacy. The Netherlands accounted for 23% of global emulsifier exports in 2021 despite being a significant importer. It emphasizes how strategically important the nation is to the worldwide supply chain.

Notable Developments in the Emulsifiers Market

• The well-known skincare and cosmetics brand Cosmax has unveiled a state-of-the-art bio-nano emulsion. This innovative technique promises consumers a new age of skincare innovation and represents a substantial advancement in the formulation of pure natural cosmetics. Cosmax's bio-nano emulsion addresses such concern, which surrounds these elements in a barrier to preserve their integrity and stop deterioration.

• RPM, one of the world's largest specialty chemical companies, recently finalized the purchase of a well-known producer of emulsifiers and stabilizers for food. By utilizing the manufacturer's R&D resources, RPM can take advantage of these developments and provide innovative solutions that satisfy changing customer demands and legal obligations.

Leading Players in the Emulsifiers Market

Emulsifiers are essential to many sectors because they provide stable emulsions and improved product quality. Prominent companies in the industry include Cargill, Palsgaard, Adani Wilmar, Beldom, Lecico, and Estelle Chemicals, which offer valuable and trustworthy emulsifiers. Collectively, these industry players push technical development and meet the growing need for emulsifiers in various industries, driving the market's expansion and innovation. Their combined efforts significantly impact the advancement of emulsification technologies and the industry.

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Major Questions Addressed in the Emulsifiers Market Report

What is the present state of emulsifier production, and Which segments contribute to these statistics?

The most recent data from ELINT Market Research indicates that the world's production of emulsifiers is 0.9 million metric tonnes (MMT). Mono and diglycerides (0.4 MMT), food lecithin (0.3 MMT), and other emulsifiers (0.2 MMT) are essential categories.

What key factors are propelling the emulsifiers market growth?

The rising usage of emulsifiers in various food products, including cereals, ready-to-eat meals, snacks, and more, is driving expansion in the global emulsifier industry.

Which regional force is likely to take a lead in the emulsifiers market throughout the forecast period?

The emulsifiers industry is anticipated to be led by the Asia-Pacific area, specifically by nations like China and India. This leadership results from expanding populations and growing emulsifier demand, particularly in culinary products like chocolate and confections.

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ELINT Market Research is the Procurement Market Intelligence and advisory unit of BE Compliant LLC. Providing accurate and easy-to-consume procurement market intelligence. Accurate category insights and data can be hard to find however with ELINT, pricing data, supplier intelligence and contract strategies are available at a click.

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