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 USD 526.5 million in 2023 to USD 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 Highlights of the Beverage Emulsion Market:
- The United States beverage emulsion industry is projected to lead the overall market by gaining market revenue of US$ 169.65 million by 2033. The regional market is projected to expand at a CAGR of 4.4% over the forecast period.
- China is projected to follow up the United States lead as the country offers a lucrative market for the expansion of beverage emulsion. A large population base accepting new food product launches is also presenting a wide scope for market expansion. The country is anticipated to surpass US$ 119.89 million by 2033, registering a CAGR of 4.7%.
- In Europe, Germany is a significant beverage emulsion market. The country is predicted to generate revenue worth US$ 60.32 million by 2033. Germany market is projected to assume a robust CAGR of 7% over the forecast period. Technological innovations in the region are expected to foster market development.
- The United Kingdom is yet another significant market in Europe, which is contributing to the region’s growth. The market is projected to obtain market revenue of US$ 45.24 million by 2033, thriving at a CAGR of 6.4% in the forthcoming years.
- Spain is expected to contribute US$ 25.64 million towards overall regional growth. The CAGR of the market is anticipated to be 5.4% over the forecast period.
- Based on the source, pectin is estimated to dominate the category growth. The segment is projected to expand at 4.2% CAGR over the forecast period, as opposed to a CAGR rate of 3.3% witnessed in the historical period.
Key Companies Profiled
Archer-Daniels-Midland Company; Cargill Inc; CHr. Hansen A/S; Döhler GmbH; DuPont; Givaudan SA; Ingredion Incorporated; Kerry Group; Sensient Technologies Corporation; Tate and Lyle PLC
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.
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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
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 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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