It is anticipated that the market for food emulsifiers will grow at a CAGR of 5.1% during the forecast timeframe. In 2022, the industry is expected to be worth US$3,459.4 million. By the year 2032, it is predicted that the market for food emulsifiers will hit a high of US$ 5,192.2 million. The experts at Future industry Insights have calculated a historical CAGR of 3.8% for the relevant industry.
FMI has forecast the processed food segment to continue dominating the market through the course of the report’s forecast period, starting from 2021 to 2031. It is expected to account for nearly one-fourth of food emulsifiers sold over the assessment period.
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Today, food emulsifier gaining high momentum in the manufacturing of food products due to its desirable qualities that help in preservation of processed and convenience food, besides making them more appealing. The growing market for convenience and processed food is backed by hectic lifestyles, deskbound jobs, increasing women workforce, and socio-cultural aspects. These aspects of changing lifestyle have contributed towards reshaping consumers’ eating habits. A shift away from three square meals eaten at the family table towards round-the-clock snacking is pushing manufacturer towards adoption of food emulsifier in order to cater supply/demand gap for processed food formats.
Moreover, manufacturers are also focused on developing novel emulsifier solutions that are capable of reducing calorie content in food products. The market is seeing an increasing number of research and development centres coming up across globe. Companies are trying to expand their production and business footprint by acquiring key companies in the emulsifier segment.
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The FMI study delves deep into the prevailing dynamics to offer interesting insights into the food emulsifier market. Some of these are:
- Food emulsifiers market will continue exhibiting steady rate of growth through 2031. FMI projects the market to showcase 4.4% Y-o-Y growth in 2021
- The U.S. will emerge as a chief market globally and account for 88.8% of North America market based on volume in 2021
- The U.K. will exhibit 0.9% Y-o-Y growth in 2021 in terms of volume
- Germany and France to continue offering lucrative growth opportunities
- Japan and South Korea to emerge as attractive markets, however, China will continue leading the East Asia market through forecast period
“Innovation in food products is expected to create remarkable growth opportunity for market players in the years to follow. Also, a broader consumer base for healthy fast food is contributing to the growth of the global market” said a lead analyst at FMI
Who is winning?
Some of the leading companies operating in the market are BASF SE, Adani Wilmar Limited, Archer Daniels Midland Company, Cargill Inc, Dow Corning Corporation, E.I Dupont De Numours and Company, Evonik Industries AG, Ingredion Incorporated, Kerry Group Plc, Koninklijke DSM N.V., and others. Some of these companies are focusing on acquisition as key strategy to gain competitive advantage.
For instance, in January 2017, Palsgaard acquired a major stake Candon Aditivos para Alimentos, which is a Brazilian ingredient company and supplier of bakery emulsifiers.
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Get Valuable Insights into Food emulsifier Market
Food Emulsifiers Market – Key Segments
Product Type
- Lactic esters of fatty acids
- Sodium stearoyl lactylate
- Sodium behenoyl lactylate
- Sodium isostearoyl lactylate
- Sodium lauroyl lactylate
- Lecithins
- Mono & di-glycerides of fatty acid
- Esters of monoglycerides of fatty acid
- Polysorbates
- Polyglycerol Esters
- Polyglycerol Polyricinoleate
- Others
Nature
- Natural
- Synthetic
Form
- Fine Powder
- Hydrate
End-Use
- Bakery
- Confectionery
- Beverages
- Dairy Products
- Processed Food
- Others
Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- MEA
Frequently Asked Questions
- At what rate the demand for food emulsifier is expected to grow for the next 5 years?
- Which form of food emulsifier is most used?
- Which are some of the leading companies offering food emulsifier?
- Which is the most lucrative market for food emulsifiers?
Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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