The global beverage emulsion market is predicted to register a CAGR of 4.3% over the forecast period, as per FMI’s analysis. The industry’s size is likely to increase from US$ 526.5 million in 2023 to US$ 754 million by 2033 end.
Consumers, in recent times, are rapidly shifting towards the consumption of readily-available nutritious food and beverages. Such behavioral change in the population has been brought upon by hectic lifestyles, busy schedules, and limited free time to prepare healthy food and beverages. As a result, giving impetus to ready-to-drink beverages enriched with extra nutrition, color, taste, and flavor, which is catering to the surging demand for emulsion for beverages.
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Technological innovations in the packaging industry are enhancing the scope of convenience food products. As emulsifiers are extensively employed in ready-to-drink and plant-based beverages, a rise in RTD/ plant-based beverage sales is projected to directly impact the beverage emulsion industry. Additionally, the demand for premium plant-based drinks is pushing manufacturers to invest in expanding production capacity, thereby enhancing market growth.
Constant new product developments in the market are stimulating the growth of the food industry. Moreover, the requirement for component adjustment in a beverage to meet the current demand is projected to increase the demand for beverage emulsion. The growing demand for organic and natural products, particularly from North America and Europe, is also anticipated to invite more investments from key players to develop innovative products.
Key Market Trends and Drivers:
- Shifting Consumer Preferences: Rapid consumer shift towards readily-available nutritious food and beverages, driven by hectic lifestyles, is boosting the demand for emulsions in beverages.
- Technological Innovations: Innovations in the packaging industry are enhancing the scope of convenience food products, directly impacting the beverage emulsion industry, especially in ready-to-drink (RTD) and plant-based beverages.
- Premium Plant-Based Drinks: Increasing demand for premium plant-based drinks is pushing manufacturers to expand production capacity, fostering market growth.
Key Market Highlights:
- United States Market: Projected to lead the market, the United States is expected to gain revenue of USD 169.65 million by 2033, expanding at a CAGR of 4.4%.
- China Market: Following the United States, China is a lucrative market for beverage emulsion, with sales projected to surpass USD 119.89 million by 2033, registering a CAGR of 4.7%.
- European Markets: Germany is a significant market, projected to generate revenue worth USD 60.32 million by 2033, with a robust CAGR of 7%. The United Kingdom and Spain are also contributing to the region’s growth.
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Recent Developments
- In November 2022, DuPont developed a fermented stabilizer to cater to the surging trend of plant-based drinks. The rising utilization of gellan gum in vegan and plant-based beverage formulations is projected to bode well with the growing demand for alternative dairy and protein.
- In August 2022, BOISSON announced that it is likely to be expanding its reach, backed by US$ 12 million seed funding. The company has eight stores across the United States and plans to establish its presence on the global platform over the upcoming years. The firm aims to elevate the beverage culture in North America and makes it more inclusive, mindful, and positive for consumers.
Beverage Emulsion Industry by Category
By Source:
- Xanthan Gum
- Pectin
- Carboxymethyl Cellulose
- Carrageenan
By Application:
- Non-Alcoholic
- Carbonated Beverages
By Emulsion Type:
- Color Emulsion
- Flavor Emulsion
- Cloud Emulsion
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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