Global Emulsifier Market
Global Emulsifier Market
  1. Global Emulsifier Market
  2. Global Emulsifier Market

Global Emulsifier Market

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Global Emulsifier Market

The global emulsifier market is projected to register a CAGR of 4.8% during the forecast period 2023 to 2033. The demand for emulsifiers is expected to increase, owing to the growing demand for processed and packaged food, emerging health trends, and increasing demand for convenience food.

The demand for emulsifiers as food additives is projected to increase in the market, owing to the rise in demand for convenience food, processed food, and frozen food. Additionally, the rising health consciousness among consumers is expected to fuel the demand for low-fat and low-calorie food, which is expected to increase the demand for emulsifiers. Product Description: Emulsifiers are substances used to stabilize the emulsion, by reducing the surface tension between two or more immiscible liquids, such as oil and water. Emulsifiers are used in a variety of food products, such as margarine, mayonnaise, cheese, cream, and frozen desserts.
The major drivers for the emulsifier market include the increasing demand for convenience food and the rising health consciousness among consumers. The rising demand for processed and packaged food is expected to drive the growth of the market. Moreover, the increasing demand for low-fat and low-calorie food is expected to drive the growth of the market.

On the other hand, the high cost of emulsifiers is expected to hamper the growth of the market. The increasing prices of raw materials, such as vegetable oils and proteins, are expected to have a significant impact on the cost associated with the production of emulsifiers. This is expected to hamper the growth of the market.
The tense geo-political environment within the global markets have also affected the trade associated with emulsifiers. The imposition of trade restrictions on certain countries, such as China, is expected to hamper the growth of the market. Additionally, the imposition of tariffs on imports of emulsifiers from certain countries is expected to have a negative impact on the market.

Various new technologies have been developed in the emulsifier market. Some of these include the use of novel emulsifiers such as soy-based emulsifiers and microbial emulsifiers. Additionally, nanotechnology is being used for the development of nano-emulsions, which are highly stable and can easily penetrate into the skin.
Some of the key players in the emulsifier market are BASF SE, Cargill Inc., DowDuPont, Ingredion Inc., Koninklijke DSM N.V., Lonza Group Ltd., Novozymes A/S, Palsgaard A/S, Solvay S.A., and Stepan Company. In October 2019, Solvay S.A. announced the launch of its new emulsifier, Solvay A-30, which is used in the processing of cheeses and other dairy products. Moreover, in January 2019, Ingredion Inc. acquired Penford Corporation, a specialized food ingredients company, to expand its product portfolio of emulsifiers and starches.
With the increasing focus on sustainable and clean label products, there is an increasing demand for emulsifiers that are derived from sustainable sources. Additionally, there is an increasing focus on the production of bio-based emulsifiers, which are derived from renewable sources, such as plant-based oils and proteins. This is expected to drive the growth of the market.

 

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