Emulsifiers and Co-Emulsifiers Market By Product Type (Mono, Di - Glycerides & Derivatives, Lecithin, Stearoyl Lactylates, Sorbitan Esters), By End Use Industry (Food & Beverages, Cosmetics, Pharmaceutical, Detergent), By Regions - Global Market Insights 2020 - 2030

Growing Demand for Natural Emulsifiers and Co-Emulsifers to Propel Market on an Upward Growth Trajectory

There has been a significant uptick in the consumption of convenient and packaged foods. Food manufacturers are increasingly using low-fat and low-calorie emulsifiers and co-emulsifiers in their products.

Moreover, dietary changes are being observed at an unprecedented level in many countries coupled with the introduction of new dietary guidelines by NGOs and health institutions.

The dietary recommendations have further intensified consumer demand for low fat products. This has motivated manufacturers to invest in natural emulsifiers and co-emulsifiers. Pak Group and Corbion have expanded their dough conditioners’ portfolio with natural emulsifiers and co-emulsifiers.

Similar investments are expected to benefit the growth of natural emulsifiers and co-emulsifiers. On the back of these trends, the global emulsifiers & co-emulsifiers market is poised to expand positively at a CAGR of 6.7% during the forecast period (2020-2030).

Sustainability and Innovations to Give Impetus to Emulsifiers and Co-Emulsifiers Market as Specialty Emulsifiers Emerge

End use manufacturers have been facing multiple issues in the usage of powdered emulsifiers and co-emulsifiers such as the presence of lumps and issues related to flow. DuPont, one of the market leaders of emulsifiers and co-emulsifiers, has registered and introduced a beaded format of emulsifiers.

Bakery manufacturers have shown preference for specialty emulsifiers and co-emulsifiers providing additional functional benefits such as moistness and resilience in their end products. Kerry Group and DuPont have been working to address these issues through expansion of their emulsifiers and co-emulsifiers portfolio.

Since the usage of emulsifiers and co-emulsifiers in food and beverages accounts for a majority share, changes in market are expected to intensify the adoption of emulsifiers and co-emulsifiers. This increased adoption is projected to help maintain the majority stake of food applications in emulsifiers and co-emulsifiers market.

The FDA ban on PHOs for food products usage has been effective from 2018 has created a favorable market for natural and plant based emulsifiers and co-emulsifiers obtained from palm oil, soy and sun flower.

Manufacturers like DuPont have already addressed changes by using sustainable source materials. Similar developments can be expected by lead competitors in the market. By product, lecithin is witnessing rampant adoption globally and is witnessing high adoption.

Europe to be New Frontier for Emulsifiers and Co-Emulsifiers Market

Ongoing COVID-19 outbreak has resulted in stringent lockdowns, disrupting demand. Emulsifiers and co-emulsifiers are used as key ingredients in convenience & packaged food. Therefore demand for emulsifiers and co-emulsifiers is likely to increase from third quarter of 2020.

Severely affected regions such as North America & Europe are anticipated to lead within the market throughout the assessment period owing to high consumption of packaged & convenience food in the regions. Europe & North America together contributed around 65% of total revenue generation in 2019.

In long run, increasing demand for personal care products in Asia Pacific is driving the demand for lecithin. Lecithin, a naturally derived emulsifier, expected to grow twice of its current market value presenting an incremental opportunity of nearly US$ 1 Bn.

Product Developments will Pave Way for High Demand Growth

Research and development initiatives toward natural emulsifiers and co-emulsifiers is expected to address regulatory hurdles for synthetic emulsifiers and co-emulsifiers. For instance, Cargil has launched a soy lecithin, free from partially hydrogenated oils (PHO) as an alternative to monoglycerides

Impact of Covid-19 on Emulsifiers & Co-Emulsifiers Market

Covid-19 pandemic has adversely impacted the global food & beverage industry where national and regional lockdowns have disrupted both production and supply chain. It is possible that the effect on food & beverage manufacturers will be complex, affecting both demand and supply. And unlike other sectors, a change in consumer habits have led to increased demand for several categories of food products after the COVID pandemic.

Historic growth in demand for emulsifiers & co-emulsifiers has been steady, while demand in 2020 has shown significant decline due to COVID-19 Pandemic. COVID-19 pandemic has led to decrease in demand for emulsifiers & co-emulsifiers in commercial as well as residential settings.

This decrease in demand has been observed in countries like United States, China, Italy, Spain, and France among others. Nearly 18% of this decreased demand was observed in first quarter of 2020, and nearly 30% of decreased demand in 2020 is expected in second quarter.

Analyst’s Viewpoint:

Ongoing COVID-19 pandemic has adversely impacted demand for emulsifiers & co-emulsifiers, as lockdowns disrupt the entire food industry. Whilst from the third quarter of 2020, the stabilizing pandemic and growing demand for convenient and packaged foods is anticipated to boost demand for emulsifiers & co-emulsifiers” according to the Fact.MR analyst

Global Emulsifiers & Co-Emulsifiers Market: Scope of the Report:

The recent global emulsifiers & co-emulsifiers market report by Fact.MR offers a 10-year forecast from 2020 to 2030. The report elaborates on the key drivers, restraints, opportunities and threats to the expansion of the global emulsifiers & co-emulsifiers market. A detailed segmental analysis, based on product type and end use industry along the six key region, has been provided in the report.

Regional analysis in terms of supply chain analysis, business execution and market value analysis provides an in-depth perspective about the future scope of the global emulsifiers & co-emulsifiers market. In addition, a separate section on market structure has also been provided. The section provides a detailed analysis of key market players and the strategies for expansion in the emulsifiers market.

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.

• By Product Type :

  • Mono, Di - Glycerides & Derivatives
  • Lecithin
  • Stearoyl Lactylates
  • Sorbitan Esters
  • Other Products

• By End Use Industry :

  • Food & Beverages
  • Cosmetics
  • Pharmaceutical
  • Detergent
  • Other

• By Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Excluding Japan (APEJ)
  • MEA