Enjoy complimentary customisation on priority with our Enterprise License!
The food emulsifiers market is estimated to increase by USD 925.9 million, growing at a CAGR of 5.04% between 2022 and 2027. The size of the market is forecast. The growth of the market depends on several factors, including growing demand from the bakery and confectionery industries, multifunctionality, and rising health concerns and demands for low-fat foods. The market is witnessing substantial growth, buoyed by increasing demand from the bakery and confectionery sectors. Emulsifiers play a pivotal role in maintaining viscosity in bakery and confectionery items, ensuring their stability during production and handling. With bakery products ranking as the second-largest category in packaged goods globally, advancements in artisanal bread, cakes, and pastries are propelling market expansion. Emulsifiers are indispensable in chocolate and sugar confectionery products, streamlining processing and storage by breaking down fat into minute globules and providing lubrication. As the bakery industry continues to thrive, the need for food emulsifiers is projected to soar, addressing the evolving requirements of manufacturers and consumers alike.
To learn more about this report, Download Report Sample
This report extensively covers market segmentation by product (mono-di-glycerides and derivatives, lecithin, and others), application (bakery and confectionery, convenience foods, dairy products, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
The market share growth by the mono-di-glycerides and derivatives segment will be significant during the forecast period. Monoglycerides, diglycerides, and derivatives had the highest sales share across the industry in 2022. These products are glycerine-based fatty acid esters that help improve the surface activity necessary for the proper stabilization and homogenization of processed foods.
Get a glance at the market contribution of various segments Request a PDF Sample
The mono-di-glycerides and derivatives segment was valued at USD 1.18 billion in 2017 and continued to grow until 2021. Monoglycerides, diglycerides, and derivatives are widely consumed in the production of dairy and bakery products such as cakes, ice creams, margarine, and bread. In terms of revenue, this category is expected to increase during the forecast period due to high consumption in the bakery sector. The growing global demand for food emulsifiers is the result of a revolution driven by product innovation in the food and beverage industry. Changing tastes and preferences are forcing manufacturers to experiment with food emulsifiers. Food emulsifiers help products dissolve faster, prevent separation, reduce stickiness, control crystallization, keep ingredients dispersed, and contribute to overall product stability. Mono- and diglycerides serve their purpose effectively as they are considered the perfect emulsifiers in a variety of food and beverage applications. Thus, owing to such factors the segment is expected to grow during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
APAC is estimated to contribute 30% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in APAC is growing due to the high popularity of natural emulsifiers as well as low-fat ingredients. Many manufacturers of emulsifiers have penetrated the market, as food emulsifiers are commonly used in the F&B industries in APAC. In countries such as China, India, and Japan, there is a rising demand for processed food items, especially RTE and low-fat foods. Additionally, since emulsifiers are considered to be ideal replacements for trans-fat, the market in APAC is propelling. Food emulsifiers can also be used as an anti-staling agent to increase the shelf life of food products. Various vendors are also expanding their presence in the region by opening new production facilities. Hence, owing to these factors, the use of emulsifiers has increased in the region.
The market is experiencing significant growth as the demand for innovative solutions in food processing rises. Just as hydraulic fracturing revolutionized the energy sector, innovation in emulsifiers is transforming food production. Emulsifiers act as the shale rock in food formulation, facilitating the blending of ingredients and enhancing stability. Similar to liquefied petroleum gas tankers optimizing vessel size for efficiency, emulsifiers ensure consistent texture and quality in food products. Amid fluctuating crude oil prices, petrochemical industries drive demand for emulsifiers, especially in renovating existing fleets of food formulations. Dual-fuel free VLGC tankers symbolize the versatility of emulsifiers, allowing for the seamless transportation of various cargoes like ammonia and propylene. With capacities expanding like 88,000 cbm tanks, emulsifiers serve as substitutes for traditional ingredients like coal and wood, catering to diverse applications in auto fuel and residential or commercial purposes. As the food industry embraces innovation, the role of emulsifiers in ensuring product quality and efficiency becomes increasingly indispensable. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
The market is experiencing significant growth, propelled by rising demand from the bakery and confectionery industries. Emulsifiers play a crucial role in achieving viscosity in bakery and confectionery products, ensuring their integrity during handling. With bakery goods ranking as the second-largest segment in packaged goods globally, product innovations in artisanal bread, cakes, and pastries are driving market expansion. Emulsifiers are essential in chocolate and sugar confectionery products, facilitating processing and storage by breaking down fat into small globules and providing lubrication. As the bakery industry continues to flourish, the demand for food emulsifiers is expected to surge, catering to the evolving needs of manufacturers and consumers alike.
Significant Market Trend
The growing demand for emulsifiers from emerging economies is an emerging trend in the market. Changing urban lifestyles have given rise to the demand for processed foods. Processed foods have been the most dynamic industry, in terms of growth, particularly in emerging markets. Enhanced efficiency and production capacity are allowing manufacturers to innovate new products. Industrial food manufacturers continuously strive to catch up with the rising consumer demands and, at the same time, withstand the price pressures of the bullish retail sector.
Emulsifiers are essential ingredients in most processed foods. They are heavily demanded by the manufacturers of such foods. The multi-functional capacity of emulsifiers to bind water and oil and to improve processing rate and shelf life leads to high-quality food products. Manufacturers of various bakery and confectionery products and convenience/RTE foods regularly utilize food emulsifiers. Therefore, such factors will drive the global market growth during the forecast period.
Major Market Challenge
The rising demand for enzymes as substitutes for emulsifiers is a major challenge impeding market growth. Both enzymes and emulsifiers are used in the bakery industry as stalling agents. Owing to good technical advances in enzyme manufacturing, results have proven that enzymes are an ideal alternative to emulsifiers, thereby posing a major threat to the global market.
Although the time taken by different enzymes to work with ingredients varies from that of emulsifiers, certain enzymes perform a swifter action. This indicates that enzymes can be a good alternative. Moreover, enzymes are also more cost-effective. There are different enzymes available in the market. They are often used during the handling, mixing, and fermentation stages of dough. Thus, in baking, enzymes help in the better processing of the foods. Hence, these factors will likely hinder the growth of the global market during the forecast period.
Key Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Market players are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
LASENOR EMUL SL - The company offers organic products, margarine, dairy, oils, and baby foods. The key offerings of the company include emulsifiers such as soy, rapeseed, and sunflower.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The market is experiencing a transformative phase amidst the backdrop of evolving energy dynamics and maritime innovations. Amid shale gas production and crude oil price volatility, emphasis on hydraulic fracturing and horizontal drilling methods reshapes trade patterns and transportation efficiencies. Liquefied petroleum gas (LPG) tankers, equipped with semi-membrane tanks and bow wave resistance systems, navigate through fluctuating crude oil prices and emissions regulations. Petrochemical industries leverage ammonia and propylene for diverse applications while prioritizing CO2 emissions reductions. In this landscape, food emulsifiers play a crucial role in enhancing food texture and stability, particularly in products like semi-pressurized tanks and refrigerated seagoing tanks. As the market expands to accommodate shifting energy demands, food emulsifiers remain integral in ensuring the safe storage and transportation of petroleum gases, fostering sustainable trade relations globally.
The market is witnessing significant growth amid technological innovations and evolving consumer preferences. With increasing demand for stability in crude oil prices, there's a notable surge in liquefied petroleum gas (LPG) tanker fleets, leveraging shale rock extraction and production. Vessels with enhanced capacity, including 88,000 cbm dual-fuel VLGC tankers, are renovating existing fleets to meet liquefied petroleum gas demand. Key players like Exmar and Flanders Innovation are driving innovation in LPG transportation, utilizing small-pressurized tanks and shielded seagoing tanks. As LNG exports rise, liquefied petroleum gas emerges as a substitute for coal and wood in residential and commercial sectors, bolstering capacity expansion. Additionally, with a focus on emission regulations, natural gas utilization for food emulsifiers production offers a sustainable solution, mitigating greenhouse gas emissions and fostering environmental stewardship.
Food Emulsifiers Market Scope |
|
Report Coverage |
Details |
Page number |
178 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.04% |
Market growth 2023-2027 |
USD 925.9 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.68 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 30% |
Key countries |
US, China, Germany, UK, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Archer Daniels Midland Co., BASF SE, Cargill Inc., Corbion NV, Croda International Plc, Estelle Chemicals Pvt. Ltd., Evonik Industries AG, Ingredion Inc., Kerry Group Plc, Koninklijke DSM NV, LASENOR EMUL SL, Lonza Group Ltd., Oleon NV, Puratos Group NV, Riken Vitamin Co. Ltd., Solvay SA, Stepan Co., Univar Solutions Inc., Palsgaard AS, and Taiyo Kagaku Co. Ltd. |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market research report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.