Emulsifiers Market, by Source (Bio-based and Synthetic), By Application (Food Emulsifiers, Cosmetics & Personal Care, Oilfield Chemical, Pharmaceutical, and Agrochemical), – By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis, and Forecast Till 2034

Report Code: PMI452420 | Publish Date: February 2024 | No. of Pages: 168

Global Emulsifiers Market Overview

Introduction

Emulsifiers Market was valued at US$ 10.5 Billion in 2024 and is projected to grow at a CAGR of 8.30% to reach US$ 23.3 Billion by 2034.

Emulsifiers used in food are also known as emulgents. Among various emulsifiers, an egg is one of the oldest and most commonly used emulsifiers. Emulsifiers are finding large application in chocolate and confectionery products providing various advantages during processing and storage. The primary emulsifiers used in chocolate are PGPR and lecithin. However, new emulsifiers are also being introduced to enable oil and water to be combined in a stable state for a long period of time. The food industry is moving towards using lecithin in emulsions because the hydrophobic end dissolves both in oil and water. Hence, resulting emulsion to stay for a longer time. Moreover, lecithin also breaks down blood and dietary fats in small particles, helping in the weight loss.

Increasing number of companies are moving towards producing natural and organic skin care products. This is resulting in the increasing use of natural emulsifiers for organic hair care and skin care formulations. Hence, companies are investing in the research and development to make natural emulsifiers. However, the biggest challenge faced by the companies is making emulsifier that remains stable for a long time, without oil and water splitting away. Companies are also introducing semi-synthetic emulsifiers developed from natural ingredients but undergo a process. Semi-synthetic emulsifiers have found to be non-toxic and work better than natural emulsifiers.

Impact of COVID-19 pandemic on market

At the starting of 2020, COVID-19 disease began to spread around the world; many more peoples are infected with COVID-19 disease, and major countries around the world send the orders to companies for employee prohibition and work stoppage. Every organization is prepared for the loss by this pandemic. Hence the Emulsifiers market also affected by the COVID-19 lockdown scenario, as fluctuation in the demand and supply chain it ultimately links to industry-specific developments. The rising health consciousness among the consumers coupled with rising disposable income in the developing nations boost the target market. The product consumption is increasing in personal care and cosmetics industry with the increasing use of emulsifiers in creams, lotions, shampoo, and cosmetics due to improved viscosity and high thermal and shear stabili

Global Emulsifiers Market Dynamics

Emulsifiers Market- Segmentation

The basic nature of emulsifiers is considered as a common driver of the global emulsifiers market. They possess a great stabilizing property which is quite productive in the process of amalgamating immiscible liquids. The food and beverage sector is expected to stand as a pivotal domain for the global market on the part of the growing demand for chilled chocolates and dairy foods, low-fat spreads, and deluxe quality bread. 

The personal care industry is also predicted to add to the augmenting growth of the emulsifiers market. Emulsifiers find frequent usage in cosmetics and hair styling products. The manufacturers of personal care products are looking forward to use emulsifiers as multi-purpose agents, thus precipitating an increase in research and development activities. The upsurge in research and development in other corresponding industries, such as pharmaceuticals, is foreseen to push the envelope for the global market. 

Mainly in the application of bakery items enzymes are deemed to be a cost-efficient alternative for products such as cakes, biscuits, and breads. However, this restraint is effect to lose its grip as the emulsifying technologies upgrade with marked advancements. 

Global Emulsifiers Market Segmentation

The emulsifier market is segmented based on the source, application and region.

On the basis of source, the emulsifier market is segmented into Bio-based and Synthetic. Bio based emulsifier acquire the highest market because increasing use of natural emulsifiers for organic hair care and skin care formulations. Hence, companies are investing in the research and development to make natural emulsifiers. However, the biggest challenge faced by the companies is making emulsifier that remains stable for a long time, without oil and water splitting away. 

On the basis of application, the target market is sub segmented into food emulsifiers, cosmetics & personal care, oilfield chemical, pharmaceutical, and agrochemical. Compared to various industries, food emulsifiers are likely to find large application in food & beverage industry. In the food emulsifier industry, emulsifiers are being widely used in bakery and confectionery products. It also contain in products dairy and frozen products, sauces and dressings, beverages, and meat and poultry. Increasing application in food products is leading companies to come up with the emulsifiers that can fight against fat content in various food products.

Regional Insights:

According to the region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia-Pacific accounted for the largest share of the global emulsifiers market in 2018 and is expected to witness significant growth during the review period. The growing food and beverage industry with rising demand for packaged food products owing to the convenience and longer shelf life is driving the regional market growth. North America was the second-largest market for emulsifiers in 2018 on account of expanding healthcare and food & beverages industry. The product consumption is increasing in the healthcare industry with rising geriatric population and increasing spending on healthcare. Europe is the prominent market for the emulsifiers due to expanding personal care and cosmetics industry with surging demand for anti-aging and hair care products. The Middle East & Africa market is expected to grow at healthy rate during the review period with growing cosmetics and personal care industry with rising demand for skin whitening products and color cosmetics.

Detail Segmentation:

Attribute                      

Details

The base year for estimation

2023

Forecast Period

2024 - 2034

Market Representation

Revenue in USD Million & CAGR from 2024-2034

Market Segmentation

By Source – Bio-based and Synthetic

By Application – Food Emulsifiers, Cosmetics & Personal Care, Oilfield Chemical, Pharmaceutical, and Agrochemical

By Region - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Regional Scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered in the report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global emulsifier market report based on source, application and region.

Global Emulsifier Market, By Source:

  • Bio-based
  • Synthetic

Global Emulsifier Market, By Application:

  • Food Emulsifiers
  • Cosmetics & Personal Care
  • Oilfield Chemical
  • Pharmaceutical
  • Agrochemical

Global Emulsifier Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Emulsifiers Market Key Players

Some of the key players in the global emulsifiers market are BASF SE, DowDuPont, Kerry Group, Koninklijke DSM N.V., Akzonobel N.V., Evonik Industries AG, Clariant, Solvay SA, Archer Daniels Midland Company, Cargill, Incorporated, the Lubrizol Corporation, Stepan Company, and Lonza.

Global Emulsifiers Market Company Profile

  • BASF SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
    • Caterpillar
  • DowDuPont
  • Kerry Group
  • Koninklijke DSM N.V.
  • Akzonobel N.V.
  • Evonik Industries AG
  • Clariant
  • Solvay SA
  • Archer Daniels Midland Company
  • Cargill
  • Incorporated
  • the Lubrizol Corporation
  • Stepan Company
  • Lonza

Global Emulsifiers Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Emulsifier Market Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Source
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Emulsifier Market, By Source, 2019 – 2029, (US$ Mn)
    • Bio-based
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Synthetic
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Emulsifier Market, By Application, 2019 – 2029, (US$ Mn)
    • Food Emulsifiers
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Cosmetics & Personal Care
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Oilfield Chemical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Pharmaceutical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Agrochemical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Emulsifier Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Source, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Source, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Source, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Source, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
        • Market Size and Forecast (US$ Mn), By Country, 2019 -2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Source, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • BASF SE
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • DowDuPont
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Kerry Group
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Koninklijke DSM N.V.
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Akzonobel N.V.
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Evonik Industries AG
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Clariant
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Solvay SA
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Archer Daniels Midland Company
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Cargill
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Incorporated
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • the Lubrizol Corporation
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Stepan Company
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Lonza
        • Company Overview
        • Source Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The emulsifier market is segmented based on the source, application and region.

Factors such as the increasing demand for convenience foods, growth in the food and beverage industry, and the functional benefits of emulsifiers drive the Emulsifiers Market

Global restraints, including regulatory challenges, concerns about the health impact of synthetic emulsifiers, and fluctuating raw material prices, pose obstacles to the Emulsifiers Market's overall growth.

The report covers regions like North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is expected to dominate the Emulsifiers Market, driven by increasing industrialization and demand for processed foods.

The key players operating in the target market include DowDuPont, Kerry Group, Koninklijke DSM N.V., Akzonobel N.V., Evonik Industries AG, Clariant, Solvay SA, Archer Daniels Midland Company, Cargill Incorporated, the Lubrizol Corporation, Stepan Company, and Lonza.