Plant-based Emulsifiers Market
Plant-based Emulsifiers Market Analysis by Guar Gum, Xanthan Gum, Soy Lecithin, Gellan Gum, Agar-agar, and Mustard Powder from 2023 to 2033
Analysis of Plant-based Emulsifiers Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Plant-based Emulsifiers Market Outlook (2023 to 2033)
Fact.MR, in its newly published industry research report, says that the global plant-based emulsifiers market was valued at US$ 1.21 billion in 2022, with worldwide demand for plant-based emulsifiers accelerating at a CAGR of 7.6% from 2018 to 2022. The global market is forecasted to expand at 7.2% CAGR and reach US$ 2.60 billion by 2033-end.
A significant increase has been witnessed in the consumption of packaged and convenient food products in recent years. Manufacturers of various food products are using low-calorie and low-fat emulsifiers in their food products. In addition, certain dietary changes are also observed among many people as they prefer to consume low-fat products. Therefore, manufacturers of plant-based emulsifiers are motivated to invest in natural emulsifiers to expand their product portfolio.
- Demand for soy lecithin-based emulsifiers is projected to rise at a CAGR of 8.5% and reach a market value of US$ 1.17 billion by 2033.
- Sales of plant-based emulsifiers in the United Kingdom are predicted to advance at 9.8% CAGR and reach US$ 195.37 million by the end of 2033.
Several end-use manufacturers are facing issues with the use of powdered emulsifiers because of the issues related to their flow and the presence of lumps. Bakery manufacturers are also inclined to use specialty emulsifiers to offer additional functional benefits, including resilience and moistness in their products.
FDA (Food and Drug Administration) banned the use of phosphates (PHOs) for certain food products that are estimated to boost the demand for plant-based and natural emulsifiers. Various end users are addressing changes in the demand for health-conscious consumers with the use of sustainable natural materials. The adoption of plant-based emulsifiers is one such initiative in the food and beverages industry.
Fortified foods need different types of plant-based emulsifiers to bind some essential micronutrients, including minerals and vitamins with stable food that include wheat flour, margarine, oil, etc. Therefore, the plant-based emulsifier landscape is projected to expand over the coming decade.
Fact.MR, a provider of market research and competitive intelligence, in its newly published research report mentions certain dynamics of plant-based emulsifiers. Readers can get detailed information about numerous market aspects, including growth opportunities, a regional overview, new developments, key limitations, key product ranges, etc.
Report Attributes | Details |
---|---|
Plant-based Emulsifiers Market Size (2022) | US$ 1.21 Billion |
Estimated Market Value (2023E) | US$ 1.30 Billion |
Forecasted Market Value (2033F) | US$ 2.60 Billion |
Global Market Growth Rate (2023 to 2033) | 7.2% CAGR |
Confectionary Products Segment Growth Rate (2023 to 2033) | 8.3% CAGR |
China Market Value (2033) | US$ 544.43 Million |
United Kingdom Market Growth Rate (2023 to 2033) | 9.6% CAGR |
India Market Growth Rate (2023 to 2033) | 10.8% CAGR |
Key Companies Profiled | ADM; Dow Chemical Company; Palsgaard; Ingredion; Kerry; ADM; Cargill; Evonic Industries; DuPont (Nutrition & Biosciences); Musim Mas |
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Which Aspects are Contributing to Significant Demand Growth for Plant-based Emulsifiers?
“Rising Demand for Natural Emulsifiers in Food & Beverages Industry”
There is a noteworthy increase in the consumption of packaged and convenient food products around the world. Food manufacturers are using low-calorie and low-fat plant-based emulsifiers in their products.
Significant changes in the dietary habits of many consumers are observed across various countries. Several consumers are giving preference to low-fat products and natural food products due to the growing health-consciousness. Moreover, plant-based emulsifiers help to reduce waste created by food products.
Health institutions and NGOs are introducing new guidelines about the use of natural or organic products that are positively impacting market expansion opportunities. These regulations are stimulating manufacturers to invest in the expansion of their portfolio of plant-based emulsifiers.
“Increasing Awareness about Health Benefits of Plant-based Food Products”
More people around the world are becoming aware of the benefits of increased consumption of plant-based food products. They are helping to improve heart health, chronic inflammation, gut health, etc. Plant-based emulsifiers also help with nutritional needs, fitness goals, allergies, and more.
Increased consumption of dairy products sometimes leads to various health problems, including cancer, hormonal imbalance, acne, prostate cancer, and some other side effects. Therefore, an increase in sales of plant-based emulsifiers is experienced among health-conscious people.
What’s Limiting the Consumption of Plant-based Emulsifiers to Some Extent?
“Requirement of High Investments in Production of Plant-based Emulsifiers”
Sometimes, it becomes very crucial to find a financially sound supplier for plant-based emulsifiers. Some naturally occurring and sustainable resources are used to get natural emulsifiers. Therefore, manufacturers need to invest huge capital in the production procedure, and after that looking for a financially stable supplier is a tedious task.
“Improper Selection of Isolation Techniques for Extraction & Purification of Emulsifiers”
It is a very important task to find some suitable isolation techniques that are utilized in the extraction and purification of plant-based emulsifiers. These techniques are used to make emulsifiers ready to use in food products. The characteristics of emulsifiers along with the nature of the substance from which it is separated are estimated to influence the selection of techniques.
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What are the Strategies Adopted by Start-ups to Gain Profits in This Market?
“Start-ups Investing in Innovations and Production of Specialty Emulsifiers”
Numerous end-use manufacturers are encountering various issues related to the use of powdered emulsifiers. The issues related to flow along with the presence of lumps are stimulating requirements for more user-friendly products. Therefore, start-ups are working to address such issues with the expansion of their product portfolio.
New entrants are investing to produce specialty emulsifiers that provide some additional functional benefits, including resilience and moistness to end products. Start-ups are putting efforts into the production of plant-based emulsifiers obtained from soy, sunflower, and palm oil.
Country-wise Insights
Which Trends are Compelling Manufacturers of Plant-based Emulsifiers to Invest in the United States?
“Rising Demand for Processed Food Products Containing Healthy & Natural Ingredients”
The market in the United States is projected to grow at a CAGR of 9.6% and reach a valuation of US$ 864.84 million by 2033.
There is a growing demand for ready-to-drink beverages and ready-to-eat products in the United States that fuel sales of plant-based emulsifiers. Moreover, Americans are inclined to consume allergy-free bakery products that are also estimated to boost the demand for plant-based emulsifiers. The preference for clean-label food products is also anticipated to drive lucrative opportunities for key players in the market.
Why are the United Kingdom and Germany Key Markets for Plant-based Emulsifiers Suppliers?
“Increasing Consumption of Convenience and Packaged Food Products”
Sales of plant-based emulsifiers in Germany are forecasted to advance at a CAGR of 7.1% and reach US$ 239.65 million by 2033. Further, the demand for plant-based emulsifiers in the United Kingdom is projected to expand at a 9.8% CAGR and reach a valuation of US$ 195.37 million by the end of 2033.
Rising consumption of convenience and packaged food products in the United Kingdom and Germany is estimated to propel the demand for plant-based emulsifiers. The growing traction for bakery products leading to the increased sales of plant-based emulsifiers is projected to multiply the revenue share of suppliers.
Why is Demand for Plant-based Emulsifiers Increasing Rapidly in India?
“Growing Sales of Personal Care Products Containing Natural Ingredients”
Demand for plant-based emulsifiers in the Indian market is predicted to increase at a CAGR of 10.8% and reach a value of US$ 213.61 million by 2033. The increasing demand for different types of personal care products with natural or organic ingredients is predicted to present incremental opportunities for suppliers of bio-based emulsifiers in India.
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Category-wise Insights
Which Type of Plant-based Emulsifier is Widely Consumed Globally?
“Surging Demand for Soy Lecithin Emulsifiers”
Demand for soy lecithin-based emulsifiers is projected to accelerate at a CAGR of 8.5% and reach a valuation of US$ 1.17 billion by the end of the forecast period. They are generally extracted from crude oil. The lecithin-based food products consist of various mixtures of phospholipids. They are less sensitive to higher temperatures.
Which Features of Plant-based Emulsifiers are Driving Their Use in Confectionary Items?
“Rising Use of Plant-based Emulsifiers in Confectionary Products for Enhancing Texture of Food Items”
Sales of plant-based emulsifiers for confectionery products are forecasted to expand at a CAGR of 8.3% and reach US$ 1.02 billion by the end of the projected period.
Bakery and confectionery products are widely consumed by many people around the world. Numerous food emulsifiers are used as key ingredients in the production of bakery items to improve their properties and textures. They are helpful to combine oil and water and thus provide softness to the dough, increase the volume of the loaf, and provide freshness.
Use of common emulsifiers, including egg yolk lecithin, etc., can be allergic to some people. It can also cause health-related issues, including skin allergies, digestive issues, etc. Therefore, manufacturers of bakery and confectionery products are opting for plant-based emulsifiers to overcome different food allergies. They help to strengthen the dough and soften crumbs that are generally obtained from plant protein.
Key Market Players
Maintaining product standards, quality control, strengthening supply chain management systems, and numerous other initiatives are incorporated by prominent companies to expand their product reach to global consumers to increase their revenue share in the global market over the coming decade.
ADM, Dow Chemical Company, Palsgaard, Ingredion, Kerry, ADM, Cargill, Evonic Industries, DuPont (Nutrition & Biosciences), and Musim Mas are some of the prominent players operating in the plant-based emulsifiers market. These players are entering into mergers & acquisitions, agreements, collaborations, new developments, etc., to get a competitive edge in the global market over the coming 10 years.
Segmentation of Plant-based Emulsifiers Industry Research
-
By Type :
- Guar Gum
- Xanthan Gum
- Soy Lecithin
- Gellan Gum
- Agar-agar
- Mustard Powder
-
By Application :
- Confectionary Products
- Bakery Products
- Food Decoration
- Fortified Food Products
- Beverages
- Frozen Foods
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1. Guar Gum
- 9.2. Xanthan Gum
- 9.3. Soy Lecithin
- 9.4. Gellan Gum
- 9.5. Agar-agar
- 9.6. Mustard Powder
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 10.1. Confectionary Products
- 10.2. Bakery Products
- 10.3. Food Decoration
- 10.4. Fortified Food Products
- 10.5. Beverages
- 10.6. Frozen Foods
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. ADM
- 21.2. Dow Chemical Company
- 21.3. Palsgaard
- 21.4. Ingredion
- 21.5. Kerry
- 21.6. ADM
- 21.7. Cargill
- 21.8. Evonic Industries
- 21.9. DuPont (Nutrition & Biosciences)
- 21.10. Musim Mas
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
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- FAQs -
What is the current value of the plant-based emulsifiers market?
The global plant-based emulsifiers market is valued at US$ 1.30 billion in 2023.
What is the predicted CAGR for the global market from 2023 to 2033?
Sales of plant-based emulsifiers are forecasted to rise at a CAGR of 7.2% through 2033.
What is the expected demand for plant-based emulsifiers for confectionary products?
Demand for plant-based emulsifiers for use in confectionery products is projected to reach US$ 1.17 billion by 2033.
What is the forecasted growth rate of soy lecithin emulsifiers through 2033?
Worldwide demand for soy lecithin emulsifiers is predicted to accelerate at a CAGR of 8.5% from 2023 to 2033.
What is the rate at which the demand for plant-based emulsifiers is projected to increase in the United States?
The United States market is set to expand at a CAGR of 9.6% through 2033.
At what rate is the China market predicted to accelerate?
Sales of plant-based emulsifiers in China are projected to increase at a CAGR of 8.6% from 2023 to 2033.
What is the anticipated valuation of the global market for 2033?
The global market for plant-based emulsifiers is estimated to reach US$ 2.60 billion by the end of 2033.