Press release
Global Emulsifiers Market: Hefty Growth from $6.86 Billion in 2024 to $10.49 Billion in 2029 - 7.8%-9.1% CAGR
Emulsifiers Market Share
What Is The Projected Market Size Of The Global Emulsifiers Market And Its Growth Rate?
The emulsifiers market has seen a solid expansion in past years:
•In 2024, the market stood at $6.86 billion
•Driven by economic growth in emerging markets, population growth, and increased natural food product consumption, it is expected to grow at a 7.8% CAGR, reaching $7.39 billion in 2025.
•Over the next few years, the market is projected to see further growth to $10.49 billion by 2029 driven by urbanization, e-commerce growth, packaged food consumption, and food security initiatives, at a CAGR of 9.1%.
What Is Driving The Growth In The Emulsifiers Market?
The emulsifiers market is experiencing growth due to heightened demand in the food industry for packaged and convenience foods globally. Food emulsifiers are progressively used in these products to prevent microbial spoilage. The demand for ready-to-eat and packaged foods is increasing due to changing eating habits and the COVID-19 pandemic. For example, in May 2022, Northeastern University reported that 73% of the American food supply is ultra-processed. Food Dive reported in May 2023 that the sales of salty snacks touched $28.4 billion in 2022, marking a 15.6% rise from the previous year. Therefore, the growing demand for food emulsifiers is expected to foster the emulsifiers market's growth.
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Who Are the Key Players Driving Emulsifiers Market Growth?
Key players operating in the Emulsifiers market include:
•Cargill Incorporated
•Archer Daniels Midland Company
•BASF SE
•Kerry Group plc
•Dow Inc
•Palsgaard A/S
•Evonik Industries AG
•Ingredion Incorporated
•Stepan Company
•Mitsubishi Chemical Corporation
•Estelle Chemicals Pvt Ltd
•Fine Organic Industries
•Savannah Surfactants Limited
•Riken Vitamin Co. Ltd.
What Are The Key Trends In The Emulsifiers Market?
Notable market trends include:
•Rapid urbanization
•Explosive e-commerce growth
•Increasing consumption of packaged food
•The initiation of food security initiatives
What Are The Segments Of The Global Emulsifiers Market?
The global Emulsifiers market is segmented by:
•Lecithin, Mono and Di-Glycerides, Stearyl Lactylates, Sorbitan Esters, Polyglycerol Esters, Other Products in terms of product type
•Natural, Synthetics, Semi-Synthetics in terms of chemical structure
•Food Emulsifiers, Cosmetics and Personal Care, Oilfield Chemicals, Pharmaceutical, Agrochemicals, Other Applications in terms of application
Which Region Leads The Emulsifiers Market?
Asia-Pacific was the largest region in the emulsifiers market in 2024. It is anticipated to be the fastest growing region during the forecast period. The emulsifiers market covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Emulsifiers Market Global Market Report?
- Market Size Analysis: Analyze the Emulsifiers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Emulsifiers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Emulsifiers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Emulsifiers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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