From GlobeNewswire: 2025-03-28 10:00:00

The Emulsifiers Market was valued at $9.02 billion in 2023 and is projected to reach $14.82 billion by 2032, with a CAGR of 5.68%. The market growth is driven by expanding applications in food, cosmetics, and pharmaceuticals, with a shift towards bio-based and sustainable emulsifiers due to regulatory approvals and consumer preferences for natural ingredients.

In the U.S., the Emulsifiers Market was valued at $6.52 billion in 2023 and is expected to grow to $10.54 billion by 2032, with a CAGR of 5.48%. The market is fueled by the rising demand for clean-label food, sustainable cosmetics, and advanced pharmaceuticals, supported by regulatory approvals and industry innovations.

Global regulatory changes, including approvals by the U.S. FDA and the European Chemicals Agency, are driving a shift towards cleaner and bio-based emulsifiers. China and India are also revising regulations, influencing the global trade of emulsifiers and promoting the use of naturally derived compounds in food, cosmetics, and pharmaceuticals.

Bio-based emulsifiers dominated the market in 2023, holding a 55.2% market share, as consumers increasingly opt for sustainable and natural ingredients in processed foods, cosmetics, and pharmaceuticals. Leading companies like Cargill, BASF, and ADM are expanding their portfolios to meet consumer demands for clean-label products, particularly in Europe and North America.

Lecithin was the top product type in 2023, with a 30.9% market share, driven by its versatile applications in food, pharmaceuticals, and cosmetics. The rising demand for plant-based and non-GMO lecithin, especially in dairy alternatives and clean beauty formulations, is propelling market growth. Companies like ADM and Cargill are investing in production facilities to meet this demand.

The cosmetics & personal care segment led the Emulsifiers Market in 2023, holding a 38.7% market share, driven by consumer demand for clean beauty and natural skincare products. Emulsifiers play a key role in stabilizing lotions and creams, with companies like L’Oréal and Unilever introducing formulations with plant-derived emulsifiers to meet this demand. The Indian Beauty & Hygiene Association (IBHA) reported a 20% increase in demand for organic emulsifiers in 2023, especially in premium beauty brands, driving market growth. Asia Pacific dominated the emulsifiers market with a 34.7% share, fueled by industrialization and rising disposable income. China, India, and Japan are key growth markets. North America is the fastest-growing region for emulsifiers in 2023, driven by demand for clean-label products. The U.S. and Canada lead in bio-based emulsifier adoption. Government initiatives and investments are accelerating regional growth.



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