The global emulsifiers market size is projected to reach USD 13.1 billion by 2027 from USD 9.1 billion in 2022, at a CAGR of 7.6% during the forecast period. The major drivers for emulsifiers in emerging markets are increasing demand for processed food and beverages, and the growth of cosmetics and personal care. Also, rising awareness of health and wellness is driving the demand for natural and organic emulsifiers.
Emulsifiers is made from different sources such as bio-based and synthetic emulsifiers. The key manufacturers of emulsifiers include BASF SE (Germany), Archer Daniels Midland (ADM) (US), Cargill, Incorporated (US), Evonik Industries AG (Germany), Kerry Group plc (Republic of Ireland), Solvay (Belgium), Royal DSM (Netherlands), International Flavors & Fragrances Inc. IFF (US), Corbion (Netherlands), DOW (US), Nouryon (Netherlands), and CLARIANT (Switzerland). The emulsifiers market report analyzes the key growth strategies, such as new product launches, investments & expansions, joint ventures, agreements, partnerships, and mergers & acquisitions adopted by the leading market players between 2016 and 2022.
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BASF SE (Germany) has gained a strong foothold in the emulsifiers market. It is one of the global leaders in the manufacturing and distribution of the chemical. It serves various industries such as cosmetics, detergent & cleaner, agrochemical, technical, food & feed, flavor & fragrance, pharmaceutical, and bioethanol. The company's product portfolio includes surfactants, emulsifiers, emollients, chelating agents, and cosmetic active ingredients. The company’s move including partnership, agreement, and collaboration with other players across regions is helping the company to strengthen its presence and increase its market. In September 2022, the company has partnered with RiKarbon Inc, to scale up its production of emollients derived from bio-waste and focus on the development of new technologies for emulsifiers.
Archer Daniels Midland (ADM) (US) is one of the world leaders in the production of natural products, including nutrients for animal and human nutrition. The company provides consistent, cost-effective, naturally derived emulsifiers and thickeners for a broad range of applications including paints & coatings, oil well drilling, plastics, and personal care items. The company is expanding its partnerships & collaborations and has opened a new animal nutrition technology center that focuses on developing ingredient and nutritional solutions for the broad animal nutrition market.
Emulsifiers Market by Source (Bio-Based, Synthetic), Application (Food, Cosmetics & Personal Care, Oilfield Chemicals, Pharmaceutical, Agrochemicals), and Region (North America, APAC, Europe, Middle East & Africa, South America) - Global Forecast to 2027
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