While the COVID-19 pandemic has been detrimental to multiple industries, there has been significant decline in demand for packaged food products due to lockdown in various countries in first two quarters. From third quarter onwards, emulsifiers and co-emulsifiers made from natural ingredients are gaining more traction among end users in bakery and confectionery applications. The emulsifier lecithin derived from natural sources like eggs has superlative benefits and is projected to gain a significant foothold between 2021 to 2025.
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After 2025 the growth in demand for lecithin derived from natural sources will follow a steady growth trajectory. Stringent government regulations on safety of foods and preservatives is anticipated to further intensify growth of natural emulsifiers and co-emulsifiers. On this backdrop, Fact.MR in its newest report reveals that global emulsifiers and co-emulsifiers market is projected to grow at a CAGR of 6.7% between 2020 and 2030 to hit a market valuation of around 7.9 Bn by 2030.
Key Takeaways of Emulsifiers and Co-Emulsifiers Market Study
- Fact.MR says that the emulsifiers and co-emulsifiers market is expected to present an absolute $ opportunity of more than US$ 3.7 Bn between 2020 to 2030
- Owing to an increase in the number of food processing companies in Asia-Pacific, the region is likely to witness strongest growth in the global emulsifiers and co-emulsifiers market during the forecast period.
- Fact.MR reveals that pharmaceutical applications of emulsifiers and co-emulsifiers are expected to reach twice its current market value, showing highest year on year growth rate in latter half of the forecast period
- The FDA ban on PHOs for food product usage has been effective from 2018, and has created a favorable market for natural, and plant based emulsifiers and co-emulsifiers obtained from palm oil, soy and sun flower
“While the emulsifiers and co-emulsifiers industry has been growing organically with small and mid-sized players focusing on increasing supply-chain efficiency, the market leaders such as Cargill and ADM are more inclined towards acquisitions across the value chain. This indicates a growing yet consolidating market which will further strengthen the footprint of large players. ” says the Fact.MR analyst
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Emulsifiers and Co-Emulsifiers Market will Surge with Inorganic Investments as Key Strategy
The market for emulsifiers and co-emulsifiers is fragmented, but activities of market leaders are expected to move the market towards partial consolidation by the end of the forecast period. Prominent players in the emulsifiers and co-emulsifiers market were highly active in 2019. Archer Daniels Midland has been most active in acquisitions. ADM acquired Ziegler Group, Florida Chemical Company LLC, Neovia, Rodelle and Probiotics International Limited. Acquisitions of ADM are supplementing its current portfolios, which is expected to bolster its growth. Similar acquisitions have been observed in other companies such as Cargill Incorporated and Ingredion Incorporated. The inorganic growth strategies of these companies are focused on increasing their regional penetration and product portfolios, which in turn is expected to benefit and enhance the adoption of emulsifiers and co-emulsifiers.
Key players analyzed in the emulsifiers & co-emulsifiers market study:
- Spartan Chemical Company, Inc.
- CSM N.V.
- Lubrizol Corporation
- Solvay S.A.
- Archer Daniels Midland Company
- Adani Wilmar Ltd.
- BASF SE
Emulsifiers & Co-Emulsifiers Market: Segmentation
FactMR’s study has done the segmentation of emulsifiers & co-emulsifiers market on the basis of product type and end-use industry across the six key regions.
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By Product Type :
- Mono, Di – Glycerides & Derivatives
- Lecithin
- Stearoyl Lactylates
- Sorbitan Esters
- Other Products
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By End Use Industry :
- Food & Beverages
- Cosmetics
- Pharmaceutical
- Detergent
- Other
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By Region :
- North America
- Latin America
- Europe
- Japan
- Asia Pacific Excluding Japan (APEJ)
- MEA
The report covers following emulsifiers & co-emulsifiers Market insights and assessment that are helpful for all participants involved in the emulsifiers & co-emulsifiers market:
- Data on recently introduced regulations and their impact on key industries and on demand emulsifiers & co-emulsifiers Market
- Latest industry Analysis on emulsifiers & co-emulsifiers Market, with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of emulsifiers & co-emulsifiers Market and changing consumer preferences in major industries.
- Changing emulsifiers & co-emulsifiers demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of emulsifiers & co-emulsifiers major players
- emulsifiers & co-emulsifiers Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- emulsifiers & co-emulsifiers demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
Key Questions in emulsifiers & co-emulsifiers Market Research Report:
- What are the current scenarios and key trends in emulsifiers & co-emulsifiers Market Industry?
- What key strategies are companies adopting to grow their consumer base?
- What are the key categories and future potential of emulsifiers & co-emulsifiers Market?
- What are the key emulsifiers & co-emulsifiers Market drivers and what are their projected impacts in the short, medium and long term?
- What is the size of the emulsifiers & co-emulsifiers Market and what are the opportunities for the key players?
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