According to Stratistics MRC, the Global Emulsifiers market is poised to grow at a CAGR of more than 9% between 2015 and 2022. The factors contributing to the market growth include increasing popularity of natural emulsifiers and growing usage of emulsifiers in personal care products and food & beverage. Technological advancements within the food processing industry are expected to further boost the market growth. Factors such as increasing demand for packaged food, mounting income levels and packaged functional foods are boosting the demand for emulsifiers. However, consolidation within the food additive industry is expected to restrain the market growth.
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Among all the Products, Lecithin represents the largest share in the emulsifiers market and is used widely in feed, food, nutritional supplements and cosmetics. US represents the largest market worldwide whereas Asia Pacific is poised to grow at the highest CAGR due to sustained demand for natural emulsifiers.
Some of the key players in the emulsifiers market include Cargill Inc., Beldem SA, BASF, AAK Bakery Services Ltd., DSM Nutritional Products, Caravan Ingredients, Lubrizol Advanced Material, Danisco A/S, Archer Daniels Midland Company, Dow Corning Corporation, Palsgaard A/S, Spartan Chemical Company, Stepan Company, and Kerry Group.
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Food & Beverages
Personal Care Products
o Rest of Europe
o New Zealand
o Rest of Asia Pacific
Rest of the World
o Middle East
o South Africa
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