Rising Demand for Emulsifier Market Especially in Europe and Food Emulsifiers
The market size of emulsifiers, in terms of value, is projected to reach USD 8.44 Billion by 2021, at a CAGR of 6.8% between 2016 and 2021. High-growth of end-use application such as cosmetics & personal care and food are the key factors driving the growth of the emulsifiers market.
Northrook, IL -- (SBWire) -- 10/09/2019 --The report "Emulsifier Market by Source (Bio-based and Synthetic), Application (Food Emulsifiers, Cosmetics & Personal Care, Oilfield Chemical, Pharmaceutical, and Agrochemical), and Region - Global Forecast to 2021", The market size of emulsifies is projected to reach USD 8.44 Billion by 2021, at projected CAGR of 6.8% during the forecast period. The high demand for food emulsifiers is boosting the growth of the overall emulsifiers market.
Browse 76 market data Tables and 42 Figures spread through 161 Pages and in-depth TOC on "Emulsifier Market - Global Forecast to 2021"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=240653061
Emulsifiers are biodegradable, bio-compatible, chemically inert, skin friendly, long shelf life, and thermal stability. The demand for emulsifiers is driven by increasing consumption of processed food. Emerging economies such as China, India, Mexico, and Brazil are expected to be the major drivers of the global emulsifiers market during the forecast period. Emulsifiers are required for manufacturing various cosmetics & personal care products such as creams & lotions, personal hygiene products, makeup components, and others.
Food Emulsifiers: The largest application segment of the emulsifiers market
Food emulsifiers are used in making creams and sauces, bakery, and dairy products. They are derived from natural products or chemicals. The raw materials used for manufacturing emulsifiers include palm oil, rapeseed oil, soy bean oil, and sunflower oil. Food emulsifiers make the food very attractive. They enhance consistency, texture, quality, and taste of food products. They help maintain freshness and quality of food. Natural food emulsifiers prevent the development of moulds in food.
Europe: The largest market for emulsifiers
Europe is the largest market in the global emulsifier market. The market for emulsifiers in Europe is growing as the demand in end-use applications such as food, cosmetics & personal care, oilfield chemicals, and pharmaceutical products is increasing. Food emulsifiers have the largest market share in the overall European emulsifiers market. The development of food processing industry is the major reason for the dominance of Europe in the global market.
In Europe, the market for emulsifiers in the oilfield chemicals segment is promising, especially, in countries such as Russia, Germany, and others. Most of the big players of the emulsifier market such as Solvay SA (Belgium), BASF SE (Germany), Kerry Group (Ireland), AkzoNobel N.V. (Netherlands), Evonik Industries AG (Germany), Clariant (Switzerland), and DSM (Netherlands) are Europe-based and supply their products across the globe.
Get 10% FREE Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=240653061
Some of the major players in the market are BASF SE (Germany), Dow Corning (U.S.), Kerry Group (Ireland), AkzoNobel NV (France), Evonik (Germany), Cargill (U.S.), and ADM (U.S.). These major players are focusing on organic growth strategies to gain more market share in emerging economies such as India and Brazil. Also, several companies have strengthened their distribution network in these countries.
The main objective of the study is to define, describe, and forecast the emulsifiers market on the basis of application. The report includes detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In the report, the market size is projected for each of the segments, in terms of value and volume, with respect to five major regions (along with the countries), namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Shelly Singh
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Media Relations Contact
Mr. Shelly Singh
1-888-600-6441
https://www.marketsandmarkets.com/requestsampleNew.asp?id=798
View this press release online at: http://rwire.com/1262220