Food Emulsifiers Market

Market Perspective

The global Food Emulsifiers Market was valued at USD 3.10 billion in 2022 and is projected to reach USD 5.73 billion by 2030, growing at a CAGR of 4.80% from 2023 to 2030.

Emulsifiers have a crucial role to play in the food industry as they enhance the texture, stability, and shelf life of various food products. The increasing demand for convenient and processed foods, along with consumers' inclination toward healthier and natural ingredients, is driving the growth of the food emulsifiers market. Additionally, market expansion is supported by higher disposable income and evolving consumer preferences.

Additionally, the increasing demand for food emulsifiers is driven by the rising popularity of baked goods, confectionery items, as well as dairy and frozen desserts. These emulsifiers play a crucial role in giving ice cream a velvety consistency, maintaining the freshness of bakery products, and prolonging their shelf life.

Analyst’s Review on Food Emulsifiers Market

The rising demand for processed food items and the expanding popularity of ingredients with clean labels along with growing consumer knowledge of the advantages of emulsifiers in food items, such as greater texture, longer shelf life, and improved taste, is also a factor in the market expansion.

The demand for food emulsifiers is also being fueled by the fast expansion of the food and beverage sector, particularly in developing nations. Food emulsifiers are being utilized more frequently to lower the fat level of a variety of food products as consumers become more health conscious and look for better options. Additionally, as food emulsifiers play a crucial role in food quality and safety, the strict restrictions put in place by governmental authorities are fueling market expansion.

Market Definition

Food emulsifiers are chemicals that aid in stabilizing and combining materials that would often separate, such as oil and water. They are frequently used in a variety of foods, such as ice cream, baked goods, salad dressings, and mayonnaise. Emulsifiers function by lowering the surface tension between two immiscible substances, facilitating their easier mixing and production of a consistent, stable texture.

Food emulsifiers not only contribute to a homogenous texture but also prolong the shelf life of goods by preventing them from separating over time. While they are frequently obtained from organic materials like plants or animals, they can also be created synthetically. However, due to studies' findings, there has been some worry regarding the possible health implications of particular emulsifiers.

Market Dynamics

The food emulsifier market has experienced significant growth due to the increased consumption of convenience foods. Emulsifiers are commonly used in convenience foods to enhance texture, stability, and shelf life. They play a vital role in preventing ingredient separation and improving overall appearance. Moreover, emulsifiers help maintain consistency and prevent bacterial growth, which extends the shelf life of convenience foods. With the growing popularity of ready-to-eat meals and snacks, the demand for food emulsifiers is projected to rise in the coming years.

Furthermore, consumers are increasingly seeking clean label products that are free from artificial additives and chemicals. This demand for clean label options may pose a challenge for emulsifiers that do not meet clean label requirements. Emulsifiers are commonly used in food and personal care products to improve stability and texture. However, as consumers become more aware of the potential health risks associated with artificial additives and chemicals, they are actively looking for alternatives. This shift in consumer preferences puts pressure on emulsifier manufacturers to develop and offer clean label options that meet the demand for natural and safe ingredients.

Segmentation Analysis

The global food emulsifiers market is segmented based on type, source, application, and geography.

Based on type, the food emulsifiers market is bifurcated into mono, di-glycerides and their derivatives, lecithin, sorbitan esters, polyglycerol esters, and others. Mono, di-glycerides and its derivatives are expected to dominate the market in 2022, as these are widely used in the food industry due to their ability to stabilize and emulsify various products. Additionally, lecithin, derived from soybeans or eggs, is also a popular choice as it is a natural emulsifier with multiple functions and applications.

Based on source, the food emulsifiers market is bifurcated into plant and animal based. The plant based segment is expected to hold a significant revenue share in 2022. This is due to the rising consumer preference for natural and clean-label ingredients has led to an increased demand for plant-derived emulsifiers like soy, sunflower, and palm. This shift is driven by the desire for healthier and more sustainable options. These plant-based emulsifiers are considered more sustainable and healthier alternatives to their synthetic counterparts, which is driving their dominance in the market. Additionally, regulatory bodies are also encouraging the use of plant-based emulsifiers, further contributing to their market dominance.

Based on application, the food emulsifiers market is bifurcated into dairy and frozen products, bakery & confectionary, meat, poultry, seafood, beverage, and others. Bakery & confectionery is expected to register the largest market share in 2022, this is due to the increasing demand for processed and packaged food products, as well as the rising popularity of baked goods and desserts among consumers. Additionally, the use of emulsifiers in bakery and confectionery products helps improve texture, enhance shelf life, and maintain product quality, which is foreseen to drive segment growth.

Geographical Analysis

Based on region, the global food emulsifiers market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

Based on region, Europe held the largest market share in 2022, due to the high demand for convenience foods and processed foods in the region. Additionally, stringent regulations regarding food safety and quality in Europe have also contributed to the growth of the food emulsifier market in the region.

Whereas, Asia-Pacific is also anticipated to register the fastest growth rate over the forecast period. This is due to the rising disposable incomes, and changing dietary preferences of consumers. Additionally, the expansion of the food and beverage industry in countries like China and India is driving the demand for food emulsifiers in this region. Furthermore, rapid urbanization and hectic lifestyles in these countries have led to a surge in the demand for processed and convenience foods, which, in turn, fuels the need for food emulsifiers. Moreover, growing awareness about the benefits of using emulsifiers in food products, such as improved texture, stability, and shelf life, is also aiding market growth in the Asia-Pacific region. As a result, manufacturers are focusing on developing innovative and high-quality emulsifiers to cater to evolving consumer preferences and gain a competitive edge in the food emulsifiers market.

Competitive Landscape

The global food emulsifiers market report will provide valuable insight with an emphasis on the fragmented nature of the business. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their respective market shares across different regions. Expansion & investments are the major strategic initiatives adopted by companies in this sector. Industry players are investing heavily in R&D activities, building new manufacturing facilities, and supply chain optimization. The major players operating in the food emulsifiers market are:

• Lonza Group
• Glanbia Plc
• Farbest Brands
• Adisseo
• Rabar Pty Ltd
• Novus International
• BTSA Biotechnologias Aplicadas S.L.
• DSM
• BASF SE
• ADM

Key Developments

• February 2023 (Partnership): Corbion partnered with Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, for the distribution of Corbion products in Malaysia and Singapore through Azelis’ Food and Nutrition Division.

The global Food Emulsifiers Market is segmented as:

By Type

• Mono, Di-Glycerides, and Its Derivatives
• Lecithin
• Sorbitan Esters
• Polyglycerol Esters
• Others

By Source

• Plant
• Animal

By Application

• Dairy and Frozen Products
• Bakery & Confectionary
• Meat, Poultry, and Seafood
• Beverage
• Others

By Region

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