Emulsifiers Global Market Opportunities And Strategies To 2031

The global emulsifiers market reached a value of nearly $5,549.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 3.8% since 2016. The market is expected to grow from $5,549.3 million in 2021 to $7,404.3 million in 2026 at a rate of 5.9%. The market is then expected to grow at a CAGR of 6.5% from 2026 and reach $10,141.4 million in 2031.

Growth in the historic period resulted from strong economic growth in emerging markets, growth in world population and an increase in natural food products.

Going forward, global population growth and urbanization, rapid growth in ecommerce, increasing consumption of packaged food and food security initiatives will drive the growth. Factors that could hinder the growth of the emulsifiers market in the future include potential health hazards and the Russian-Ukrainian war.

The emulsifiers market is segmented by product into lecithin, mono and di-glycerides, stearyl lactylates, sorbitan esters, polyglycerol esters and other products. The mono and di-glycerides market was the largest segment of the emulsifiers market segmented by product, accounting for 46.4% of the total in 2021. Going forward, the lecithin market is expected to be the fastest growing segment in the emulsifiers market segmented by product, at a CAGR of 6.4% during 2021-2026.

The emulsifiers market is segmented by chemical structure into natural, synthetics and semi-synthetic. The synthetics market was the largest segment of the emulsifiers market segmented by chemical structure, accounting for 47.3% of the total in 2021. Going forward, the natural market is expected to be the fastest growing segment in the emulsifiers market segmented by chemical structure, at a CAGR of 7.1% during 2021-2026.

The emulsifiers market is segmented by application into food emulsifiers, cosmetics and personal care, oilfield chemicals, pharmaceutical, agrochemicals and other applications. The food emulsifiers market was the largest segment of the emulsifiers market segmented by application, accounting for 55.1% of the total in 2021. Going forward, the food emulsifiers market is expected to be the fastest growing segment in the emulsifiers market segmented by application, at a CAGR of 6.2% during 2021-2026.

North America was the largest region in the emulsifiers market, accounting for 29.7% of the total in 2021. It was followed by Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the emulsifiers market will be Asia Pacific, and, Western Europe where growth will be at CAGRs of 6.6% and 6.2% respectively. These will be followed by North America, and, South America where the markets are expected to grow at CAGRs of 5.9% and 5.5% respectively.

The emulsifiers market is concentrated, with a small number of large players in the market. The top ten competitors in the market made up to 42.84% of the total market in 2021. Cargill, Incorporated was the largest competitor with 13.04% share of the market, followed by Archer Daniels Midland Company with 7.26%, BASF SE with 5.12%, Kerry Group plc with 4.01%, Dow, Inc with 3.70%, Palsgaard A/S with 3.18%, Evonik Industries AG with 2.28%, Ingredion Incorporated with 1.99%, Koninklijke DSM N.V with 1.65%, and Stepan Company with 0.63%.

The top opportunities in the emulsifiers market segmented by product will arise in the mono and di-glycerides segment, which will gain $811.2 million of global annual sales by 2026. The top opportunities in segment by chemical structure will arise in the synthetics segment, which will gain $823.6 million of global annual sales by 2026. The top opportunities in segment by application will arise in the food emulsifiers segment, which will gain $1,065.4 million of global annual sales by 2026. The emulsifiers market size will gain the most in the USA at $503.7 million.

Market-trend-based strategies for the emulsifiers market include adopting natural emulsifiers to cater to the growing focus on environmental friendliness, and sustainability, leveraging clear emulsion technologies, focusing on new product development and focusing on new emulsion technologies.

Player-adopted strategies in the emulsifiers market include enhancing production capability, expanding business operations through strategic acquisitions, launching new sales channels and offering a variety of products to the food processing industry.
To take advantage of the opportunities, the publisher recommends the emulsifiers companies to focus on natural emulsifiers, use clear emulsion technology, focus on advancements in emulsion technologies, focus on production expansion, expand in emerging markets, focus on urban areas, offer competitive pricing, continue to participate in events and conferences and focus on fast-growing applications.

This report describes and explains the emulsifiers market and covers 2016-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.