Food Emulsifiers Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 3.86 Billion |
| Market Size (2029) | USD 4.82 Billion |
| CAGR (2024 - 2029) | 4.54 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Food Emulsifiers Market Analysis
The Food Emulsifiers Market size is estimated at USD 3.86 billion in 2024, and is expected to reach USD 4.82 billion by 2029, growing at a CAGR of 4.54% during the forecast period (2024-2029).
The COVID-19 pandemic has placed unprecedented stresses on food supply chains, with bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. Food supply chains have demonstrated remarkable resilience in the face of these stresses. COVID-19 had opted for the manufacturers to look for high-quality ingredients and products for the consumers. Consumers are ready to pay a higher amount given the high quality of the product. This has resulted in manufacturers focusing more on maintaining a strong relationship with the value chain stakeholders.
The demand for emulsifiers is increasing worldwide, owing to their versatile applications. For example, sustainably-sourced emulsifiers are used in food packaging. Moreover, new, innovative emulsifiers with enhanced functionalities are being developed to render added properties to beverages. The beverage sector is one of the largest ones globally.
Bakery products, such as bread make up a major part of the European diet. Thus, the increasing demand for dough strengthening and softening emulsifiers is propelling the usage of bakery emulsifiers, such as lecithin. The market witnesses a good level of demand from the confectionery, dairy, and meat products markets as well.
Food Emulsifiers Market Trends
This section covers the major market trends shaping the Food Emulsifiers Market according to our research experts:
Growing Demand for Specialty Food Ingredients in Various Applications
Specialty ingredients, such as preservatives, starch, sweeteners, flavors, emulsifiers, enzymes, cultures, and texturants, record a wide range of applications in the food and beverage industry. Preservatives help in slowing down product spoilage, especially in dairy and bakery applications caused by mold, air, bacteria, fungi, or yeast. In addition to maintaining the quality of the food, they also help control contamination. With the rise in demand for functional food, companies are coming up with fortified ingredients enriched with protein and amino acids, and omega-3 fatty acids in milk-based products, juices, spreads, salad dressings, sauces, and breakfast cereals, baked goods, sauces, infant formulas, and baby foods. With robust demand for specialty ingredients with an improved nutrient profile in various applications, like dairy, bakery, sauces, dressings, and condiments. The market for additives, such as emulsifiers, is expected to grow rapidly due to the increasing use of ingredients like soy, lecithin, etc.
Europe Dominate the Global Food Emulsifiers Market
The European Union has always been very stringent with its food laws. Associations, such as the European Food Emulsifier Manufacturers Association (EFEMA), were formed to support and promote the use of emulsifiers produced for the European food industry. The food and beverage sector in the region accounts for the considerable market share of the dairy and meat industry, hence portraying the potential market for food emulsifiers by the application in respective segments. Observing the excellent performance of this industry, manufacturers are focusing on developing the benchmark product in the range of food emulsifiers for increasing productivity and their respective shelf life.
Food Emulsifiers Industry Overview
The key players in the market studied include Cargill Inc., Archer Daniels Midland Company, Corbion NV, Riken Vitamin Co. Ltd, Lonza Group AG, BASF SE, Ingredion Incorporated, ADM, Stepan Co., and Kerry Group, along with many private and domestic players operating in the regional and country-level markets. In order to increase their market shares, companies are focusing on developing new and innovative products by targeting the new formulation for food emulsifiers. Moreover, companies are focusing on increasing the production capacities of their existing plants while investing in R&D activities. Thus, the market studied is expected to witness numerous product launches during the forecast period.
Food Emulsifiers Market Leaders
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Corbion
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Cargill Inc.
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BASF SE
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Kerry Group
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Ingredion Incorporated
*Disclaimer: Major Players sorted in no particular order
Food Emulsifiers Market News
In 2021, Corbion unveiled the Pristine 3000, the company's 'most robust dough conditioning innovation yet,' adding to its Pristine range of clean label solutions. The solution enables bakers to overcome common challenges, such as wheat protein inconsistencies and high-speed processing, without relying on gluten supplementation and conventional solutions, like diacetyl tartaric acid ester of monoglycerides (DATEM).
In 2020, The Brazilian unit of US commodities trader Cargill build a new facility to produce pectin (which can be used as an emulsifier), a fruit by-product used in jams, beverages, dairy products and confectionery.
In March 2020, Kerry Group set up a new regional development and food manufacturing facility in Georgia, Rome. This new establishment would help the company to serve its customer base in Europe, increase its production capacity, and expand its geographic reach.
Food Emulsifiers Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions & Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Lecithin
- 5.1.2 Monoglyceride, Diglyceride, and Derivatives
- 5.1.3 Sorbitan Ester
- 5.1.4 Polyglycerol Ester
- 5.1.5 Other Types
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5.2 By Application
- 5.2.1 Dairy and Frozen Products
- 5.2.2 Bakery
- 5.2.3 Meat, Poultry, and Seafood
- 5.2.4 Beverage
- 5.2.5 Confectionery
- 5.2.6 Other Applications
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 Spain
- 5.3.2.2 United Kingdom
- 5.3.2.3 Germany
- 5.3.2.4 France
- 5.3.2.5 Italy
- 5.3.2.6 Russia
- 5.3.2.7 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 Middle-East and Africa
- 5.3.4.1 Saudi Arabia
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Market Share Analysis
- 6.2 Most Adopted Strategies
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6.3 Company Profiles
- 6.3.1 Cargill Incorporated
- 6.3.2 Archer Daniels Midland
- 6.3.3 Ingredion Incorporated
- 6.3.4 Kerry Group
- 6.3.5 BASF SE
- 6.3.6 Lonza Group AG
- 6.3.7 ADM
- 6.3.8 Corbion
- 6.3.9 Riken Vitamin Co. Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
** Subject To AvailablityFood Emulsifiers Industry Segmentation
Food emulsifiers are either synthetic or natural food additives which assist the stabilization and formation of emulsions by reducing surface tension at the oil-water interface. This report on the global food emulsifiers market offers key insights into the latest developments. The report analyzes the recent trends, drivers, and challenges affecting the market space. The global food emulsifier market is segmented based on type, application, and geography. By type, the market is segmented into Lecithin, Monoglyceride, Diglyceride, and Derivatives, Sorbitan Ester, Polyglycerol Ester, and Other Types. By application, the market is segmented into Dairy and Frozen Products, Bakery, Meat, Poultry, and Seafood, Beverage, Confectionery, and Other Applications. By Geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| By Type | Lecithin | |
| Monoglyceride, Diglyceride, and Derivatives | ||
| Sorbitan Ester | ||
| Polyglycerol Ester | ||
| Other Types | ||
| By Application | Dairy and Frozen Products | |
| Bakery | ||
| Meat, Poultry, and Seafood | ||
| Beverage | ||
| Confectionery | ||
| Other Applications | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Spain |
| United Kingdom | ||
| Germany | ||
| France | ||
| Italy | ||
| Russia | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Food Emulsifiers Market Research FAQs
How big is the Food Emulsifiers Market?
The Food Emulsifiers Market size is expected to reach USD 3.86 billion in 2024 and grow at a CAGR of 4.54% to reach USD 4.82 billion by 2029.
What is the current Food Emulsifiers Market size?
In 2024, the Food Emulsifiers Market size is expected to reach USD 3.86 billion.
Who are the key players in Food Emulsifiers Market?
Corbion, Cargill Inc., BASF SE, Kerry Group and Ingredion Incorporated are the major companies operating in the Food Emulsifiers Market.
Which is the fastest growing region in Food Emulsifiers Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Food Emulsifiers Market?
In 2024, the Europe accounts for the largest market share in Food Emulsifiers Market.
What years does this Food Emulsifiers Market cover, and what was the market size in 2023?
In 2023, the Food Emulsifiers Market size was estimated at USD 3.69 billion. The report covers the Food Emulsifiers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Emulsifiers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Emulsifiers Industry Report
Statistics for the 2024 Food Emulsifiers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Food Emulsifiers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
