Global emulsifiers market to reach 2.6 metric tons by 2017
SAN JOSE, Calif. — Global Industry Analysts has released a comprehensive global report on the emulsifiers market. Growing use of emulsifiers in food and beverage and personal care products, rising popularity of natural emulsifiers, the growing trend of fat replacement in food products and continuous product innovations are currently driving the global market for emulsifiers. Driven by these robust growth factors, the market is primed to reach volume sales of 2.6 million metric tons by the year 2017. Technological advancements within the food processing industry are expected to further boost market prospects.
Despite the presence of strong growth drivers, a modest growth rate is predicted for the market over the analysis period. Although economies worldwide are gradually recovering, the protracted impact of the downturn continues to pose challenges for several end-use industries, leading to the resultant decline or static demand for most of the emulsifier segments.