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Emulsifiers Market Size to Reach USD 13.08 Billion in 2028 Growing at a CAGR of 6.3%, according to Emergen Research

December 30th, 2021 Emergen Research Releases

Emergen Research has published its latest report titled “Emulsifiers Market, Product Type (Bio-based, Synthetic), By End-use Industry (Food & Beverage Industry, Oil & Gas Industry, Cosmetics & Personal Care Industry, Pharmaceutical Industry, Paints & Coatings Industry, Agrochemical Industry, Others), By Distribution Channel (Direct Channels, Indirect Channels), and By Region, Forecast to 2028”

According to Emergen Research, the global emulsifiers market size was USD 7.99 billion in 2020 and is expected to reach USD 13.08 billion in 2028 and register a revenue CAGR of 6.3% during the forecast period, 2021-2028.

Market Dynamics:

Growth of the global emulsifiers market revenue is primarily attributed to factors such as rapidly thriving food & beverage, pharmaceutical, cosmetics & personal care, agrochemical, and paints & coatings industries worldwide. Growing global population, significantly rising demand for food, fast-paced industrialization and urbanization, and rise in oil & gas exploration and production works are among the most important factors expected to drive market revenue growth over the forecast period.

Emulsifiers are substances derived from natural and synthetic sources and are extensively used as additives or enhancers in processed and packaged foods & beverages, cosmetics, pharmaceutical products, and other industrial products. Emulsifiers prevent separation of oil and water, create a smooth texture, and help increase the shelf life of products. Increasing consumption of processed and convenience foods, such as frozen foods, canned foods, and ready-to-eat snacks; growing use of emulsifiers in pharmaceutical products, cosmetics & personal care products, industrial lubricants, agrochemicals, and paints & coatings; and rising demand for bio-based emulsifiers due to advantages such as higher environmental sustainability are other major factors expected to drive the global market revenue growth over the upcoming years.

Click Here to Access Free sample PDF Copy of the Report@ https://www.emergenresearch.com/request-sample/782

COVID-19 Impact Analysis:

  • Social distancing and restrictions severely disrupted businesses and operations
  • Lockdowns caused disruptions in transportation and logistics
  • Impacted manufacturing activities and mining operations globally
  • Took a toll on economy of various countries
  • Caused sudden and drastic downturn in economic activity
  • Disrupted agriculture, fisheries, dairy, and other sectors
  • Caused loss of employment and financial crisis
  • Supply impacts were further compounded owing to reduced disposable income
  • Emergence of variants continue to cause concerns and impact normal routines

Bio-based Product Type Segment to Account for Fastest Revenue CAGR:

Bio-based segment is projected to register the fastest revenue growth rate over the forecast period. Bio-based emulsifiers are biocompatible, biodegradable and skin-friendly, and are characterized by robust thermal stability and extended shelf life. Key factors supporting revenue growth of this segment are rising health concerns among consumers, growing demand for naturally sourced food ingredients and additives, and increasing use of bio-based emulsifiers in agrochemicals such as fertilizers and pesticides to prevent crops from the toxic effects of chemicals.

Cosmetics & Personal Care End-use Industry Segment Accounted for Largest Revenue Share in 2020:

Among end-use industries, the cosmetics & personal care industry accounted for the largest revenue share in the global emulsifiers market in 2020. Emulsifiers are extensively used in cosmetics and personal care products, as these substances produce a homogenous blend of oil and water and improve the consistency of formulations. Rising sales of cosmetics and personal care products such as creams, lotions, sprays, soaps, etc., and increasing disposable incomes of consumers are key factors bolstering the growth of this segment.

Europe Accounted for a Significantly Large Revenue Share in 2020:

Europe accounted for a significantly large revenue share in the global emulsifiers market in 2020, owing to many favorable factors. Growing working population in the region, rising demand for packaged or convenience foods & beverages, increasing use of cosmetics and personal care products, rising disposable incomes of consumers, and rapidly expanding pharmaceutical industry are major revenue growth drivers for the Europe market. Presence of leading industry players in the region, such as BASF SE, Clariant AG, and Evonik Industries AG, is another key factor contributing to the regional market revenue growth.

Make Payment [Buy your Exclusive copy]@ https://www.emergenresearch.com/select-license/782

Major Companies in the Global Emulsifiers Market Include:

  • Kerry Group
  • BASF SE
  • Cargill Inc.
  • Evonik Industries AG
  • Clariant AG
  • AkzoNobel NV
  • Ingredion Inc.
  • Solvay SA
  • Archer Daniels Midland Company
  • Royal DSM
  • DowDuPont, Inc.
  • Corbian

For the purpose of this report, Emergen Research has segmented the global emulsifiers market based on product type, end-use industry, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2018–2028)

  • Bio-based
  • Synthetic

End-use Industry Outlook (Revenue, USD Billion; 2018–2028)

  • Food & Beverage Industry
  • Dairy Products
  • Bakery Products
  • Meat
  • Cheese
  • Others
  • Cosmetics & Personal Care Industry
  • Creams & Lotions
  • Make-up Components
  • Personal Hygiene Products
  • Others
  • Oil & Gas Industry
  • Drilling Fluids
  • Wetting Fluids
  • Gelling Fluids
  • Others
  • Pharmaceutical Industry
  • Paints & Coatings Industry
  • Agrochemical Industry
  • Seed Coating
  • Crop Protection
  • Others

Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)

  • Direct Channels
  • Indirect Channels

Have a look at Report Description and Table of Contents of Market Report@ https://www.emergenresearch.com/industry-report/emulsifiers-market

Regional Outlook (Revenue, USD Billion; 2018-2028)

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • K.
    • Italy
    • Spain
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Turkey
    • Rest of Middle East & Africa

Explore Reports offered by Emergen Research:

The global Artificial Intelligence (AI) in food and beverage market size was USD 3.33 Billion in 2020 and is expected to register a CAGR of 44.4% during the forecast period. Market revenue growth is primarily driven by increasing need to improve food safety standards. Increasing adoption of AI in the food & beverages industry to enhance food quality and safety are among some other key factors expected to drive market growth during the forecast period.

The global smart food market is expected to reach a market size of USD 940.98 Billion by 2028 and register a double-digit CAGR of 10.0% during the forecast period. Market revenue growth is primarily driven by increasing research and development activities for advancements in the global food industry.

The global synthetic food market is forecasted to grow at a rate of 5.2% from USD 15.37 billion in 2019 to USD 23.05 billion in 2027. The demand within the analyzed regions for synthetic food has been driven by the advancements in the worldwide food and beverages industry. The rising trend of eating out at restaurants as well as buying packaged food has played a major role in driving the growth of the market.

The global alternative proteins market was valued at USD 2.20 Billion in 2019 and is anticipated to reach USD 3.89 Billion by 2027 at a CAGR of 7.4%. The global demand for premium proteins is booming with socio-economic changes like rising incomes, increased urbanization, and aging population.

The Global Food Safety Testing System Market size was valued at USD 19.94 billion in 2019 and is expected to reach USD 33.78 billion by 2027 at a CAGR of 6.5%. Increased chemical pollution in food processing industries due to the inappropriate use of techniques for the production of ready-to-eat food is likely to increase the market demand for products over the forecast period.

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research | Web: www.emergenresearch.com

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