Emulsifiers Market Size

Global Emulsifiers Market size was valued at USD 9.22 Billion in 2023 and is poised to grow from USD 9.59 Billion in 2024 to USD 13.12 Billion by 2032, growing at a CAGR of 4% in the forecast period (2025-2032).

Leading players are investing in R&D projects to create new, natural, and clean-label emulsifiers for consumers. They are expanding manufacturing capacities to meet growing demand in food, pharma, and personal care segments. They are adopting more environment-friendly sourcing and manufacturing practices to reduce the environmental footprint and meet customer preferences. Investment in advanced emulsification technology, such as nano-emulsions and enzymatic methods increases the functionality and shelf-life of the products. Market leaders sit down with the food manufacturer to customize emulsifiers according to their requirements in terms of texture and shelf-life. Companies are utilizing artificial intelligence (AI) and big data analytics to optimize formulations and thus propel production efficiency. 'Cargill, Incorporated', 'Archer Daniels Midland Company (ADM)', 'BASF SE', 'DuPont (IFF - International Flavors & Fragrances)', 'Kerry Group plc', 'Corbion N.V.', 'Lonza Group', 'Palsgaard A/S', 'Stepan Company', 'Riken Vitamin Co., Ltd.', 'Lasenor Emul, S.L.', 'Koninklijke DSM N.V.', 'Ingredion Incorporated', 'Lubrizol Corporation', 'Evonik Industries AG'

The industry is growing rapidly due to the increased consumer demand for convenience and processed food items. With consumers' hectic lifestyles, there is a growing trend toward ready-to-eat (RTE) and quick-to-prepare food items. It has been estimated that nearly 75% of frequent consumers of ready meals consume them regularly. Emulsifiers also contribute to improving the mouthfeel, aeration, and wetness retention of bakery, confectionery, and dairy food products. The manufacturing companies rely on emulsifiers to confer uniformity and add to shelf life while processing on a commercial scale. Frozen food and microwave require emulsifiers to achieve strength and to suppress phase break.

RiKarbon Inc. (2018): An American firm, RiKarbon Inc., is at the forefront of creating bio-based emulsifiers and emollients from waste biomass. Their green replacements for synthetic emulsifiers target the personal care and cosmetics markets. To further demonstrate their focus on green solutions, RiKarbon joined forces with BASF SE in September 2022 to further extend the range of sustainable emulsifiers. The firm expanded its reach in the clean beauty segment in 2024 with the introduction of a new range of high-performance emulsifiers that are suitable for organic skincare formulations.

Why Asia-Pacific Leads the Emulsifiers Market Growth?