The Global Emulsifiers Market has seen an excellent growth over the past few years and it has been predicted that the global market will keep on rising during the forecast period. The emulsifiers market is mainly driven by the growing demand from its application segment such as from Food & Beverages, Personal Care, Pharmaceuticals, Agrochemicals and others. The emulsifiers market is mainly driven by the demand of food & beverages as this segment holds the strong position in the emulsifiers market. According to MRFR analysis, the rising awareness of food is a good prospect for the emulsifiers’ manufacturers. The other major factors behind the growth of emulsifiers market are changing consumer preference and life style, increasing food demand, emerging economies and other several factors.
The Global Emulsifiers Market is expected to reach USD 8.5 Million at the end of the forecasted period and is expected to grow at CAGR of more than 7% from 2016 to 2022.
Key Players for Emulsifiers Market
Some of the key players in this market are
- BASF SE,
- Evonik Industries,
- DOW Corning,
- DSM Nutritional,
- Lubrizol Advanced Materials,
- Stepan Company,
- Spartan Chemical Company
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Over the past few years, the global market has seen a remarkable growth due to increasing demand of food & beverages. This results into a higher growth rate at the end of forecasted period. As per the market analysis, different factors have created boom in the Global Emulsifiers Market are changing consumer preference and life style, increasing food demand, emerging economies and other several factors.
North America will be the leading market
North America will be the ruling market for global emulsifiers, accounting for USD XX Million and is expected to grow over USD XX Million by 2022. This share is attributed to the growing demand from application segment, matured economies and high life style.
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“North America is projected to be the largest market during the forecast period”
Geographically, North America is expected to be the largest market for emulsifiers by covering around 37% of the total market size. The growing population and changing life and food demand is driving the market of emulsifiers over the next six years, especially in North America. North Europe and APAC would rank second and third position respectively.
Scope of the study
The scope of the study categorizes the emulsifiers market as source and application.
- Food & Beverages
- Personal Care
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