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The global emulsifiers market is expected to exhibit moderate growth during 2021-2026. Emulsifiers are substances with one hydrophilic and one hydrophobic end, which act as an interface between immiscible liquids. They help in creating a stable, homogeneous, smooth emulsion by reducing the surface tension between the liquid components. Emulsifiers are extensively used as additives in an array of culinary procedures ranging from meat processing to bakery. They can also be used to mix heterogeneous elements in the personal care, pharmaceuticals and oil and gas industries. At present, there are different types of natural, synthetic or semi-synthetic emulsifiers available in the market.
The global emulsifier market is driven by the rapid growth in the food and beverage sector, particularly in developing countries. Changes in the preferences of consumers regarding the quality, texture, taste, and nutritional value of foods are another factor boosting the market growth. Emulsifiers also form a key component in the bakery and confectionery applications, wherein they are used in the production of chocolates, bread and ice cream. This trend is further supported by the growing preference for innovative bakery products that have a longer shelf life. Furthermore, the demand for natural emulsifiers is growing as they are less harmful and more stable in food formulations. The substantial use of these additives in the preparation of pancakes, snacks, sauces, creams, and alcoholic beverages is creating lucrative opportunities for market players. Besides this, the growing demand for organic and natural personal and skin care products is providing a push to the sales of bio-based emulsifiers. Looking forward, IMARC Group expects the global emulsifiers market to grow at a CAGR of around 6% during the forecast period (2021-2026).
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The competitive landscape of the industry has also been examined with some of the top emulsifiers manufacturers and suppliers being Archer Daniels Midland, BASF SE, Cargill Incorporation, DSM Nutritional Products, Evonik Industries AG, Kerry Group, Palsgaard A/S, Puratos Group, Spartan Chemical Company Inc., Stepan Company, The Dow Chemical Company, The Lubrizol Corporation, etc.
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