Beverage Emulsion Market

Beverage Emulsion Market Size, Share, Growth (2023-2028)

Beverage Emulsion Market is expected to reach USD 0.52  billion in 2023 to USD 0.64 million by 2028, with at a CAGR of 4.0% in given forecast period

Beverage Emulsion Market Overview

Beverage emulsions are concentrated emulsifying products that are further diluted for incorporation into beverages to act as a carrier for water-insoluble ingredients. They help satisfy customers' desire for tasty and tempting beverages. Emulsions are essential ingredients that provide better texture, stability, and color to beverages. They help extend the shelf life of beverages. The various sources of emulsion beverages are pectin, starch, gellan gum, xanthan gum, and others.

Recent Developments in the Beverage Emulsion Market:

1. Dohler GmbH has been working together with the Fraunhofer Company to ensure total food safety. Dohler is already providing Dohler Microsafety Design solution to identify microbes in different beverages.

2. Cargill Foods Inc. announced a $ 15 billion investment in a new bioindustrial plant, with an annual capacity of 35,000 tonnes in Kurkumbh, Maharashtra, to be made available to dairy farmers of the region and surroundings.

3. Ingredion Incorporated signed a purchase agreement to procure all the outstanding shares of TIC Gums Incorporated, a renowned company that is based in the United States, which offers advanced texture systems for the players in the food and beverage sector.

4. Celanese has published about the purchase of various divisions of emulsion products from Ashland, chemical producers based in the USA. The deal covered Ashland's polyvinyl acetate (PVA) homopolymer and copolymer business, including Flexbond and Vinac emulsions. Celanese and Ashland announced the deal in November.

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Beverage Emulsion Market Drivers and Restraints:

The global beverage emulsions market is expected to experience significant growth with a high CAGR during the forecast period. Increasing demand for more flavored, colored and fermented beverages around the world is driving this market growth. Additionally, consumer appeal for innovative fruit juices and soft drinks is also driving global business growth. The increased appeal drives manufacturers to produce consumer-preferred emulsified beverages. Also, the increasing use of emulsions in beverages poses advanced competition in the market and therefore projects the growth of the global market for emulsions for beverages. The change in the lifestyle of the people is the main factor in the growth of the market. Modernization and urbanization in developing countries has boosted the consumption of processed foods and beverages, which has significantly pushed the market.

Millennials are the fastest-growing consumer segment contributing to market growth. The increase in per capita income and disposable income of the population contributes to the increase in the consumption of alcoholic beverages. The world market for beverage emulsions is strongly influenced by the high standard of living of the people and the growing trend of the consumption of alcoholic beverages in developed economies. Today, formulations offer multifunctional beverages with innovative features such as targeted delivery, controlled release, flavor creation, and others to enhance the quality and taste of beverages. Changing consumption patterns support manufacturers' innovations and thus cause the market to rise to expand significantly during the estimated period. With increasing demand and innovations in the global beverage emulsions market, new players are entering the market to give stiff competition to established companies and thus create a positive curve for the global beverage emulsion market over the conjecture period. Major players continually invest in research and development activities for the development of beverage emulsions and therefore vigorously stimulate market growth. However, technological challenges related to functional beverages may slow the overall growth of the global beverage emulsions market.

Beverage Emulsion Market Segmentation:

The global beverage emulsions market can be segmented into

• source

• emulsions

• applications

By source:

• modern starch

• acacia

• gellan gum

• carrageenan

• carboxymethylcellulose

• pectin

• xanthan gum

By emulsions,

• vitamin emulsions

• cloud emulsions

• flavor emulsions

• color emulsions.

Cloud-based emulsions are gaining maximum traction in the global beverage emulsion market.

By application

• alcoholics

• non-alcoholics

The alcohol segment has the largest share of the market and is supposed to experience significant growth during the projection period. The non-alcoholic segment is classified into RTD tea, fruit juices, dairy drinks and carbonated drinks.

Impact of COVID-19 on Beverage Emulsion Market

The novel coronavirus pandemic is likely to hamper the growth of the beverage emulsions market until 2021, amid fears of a second wave of infections, which will likely force countries to re-impose lockdowns on the country, causing the closure of industries and businesses. According to the Scientific Advisory Group for Emergencies (SAGE), the second wave of COVID-19 infections will likely result in much greater losses. While deaths will peak at much lower levels compared to the first wave, the number will prevail for several months. While these projections may be speculative, manufacturers are realizing this and are strengthening their distribution networks and supply chains to offset any additional impacts from the recession. However, the post-pandemic recovery rate is likely to remain moderate.

Beverage Emulsion Market Regional Analysis:

The Global Beverage Emulsion Market has been categorized based on geography into the regions of

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East, and Africa

Developed markets, particularly North America and Europe, have a significant share of the beverage emulsions market. In 2020, it is estimated that these two regions will own more than 40% of the world market share.

These regions also have the largest number of manufacturers of beverage emulsions. Also, a highly developed agri-food industry is an important factor in promoting the supremacy of Europe and North America in the beverage emulsion market.

The Asian continent is divided into South Asia and East Asia, which are expected to experience the highest growth rate of the beverage emulsions market during the forecast period. Increased consumption of Western food and beverage products and increased disposable income are the factors driving the highest growth of the beverage emulsions market in South and East Asia. South Asia is likely to grow at an impressive CAGR of around 7%, while East Asia's growth is estimated at around 6% during the forecast period.

Beverage Emulsion Market Key Players:

1. Archer Daniels Midland Company,

2. Tate & Lyle PLC

3. Arthur Branwell & Co., Ltd.

4. Ashland, Inc., Cargill, Inc., Chr

5. Hansen Holdings A/S

6. Corbion NV, Dohler GmbH

7. CP Kelco

8. FMC Corporation

9. Givaudan SA

10. Hangzhou Fuchun Food Additive Co., Ltd.

11. International Flavors & Fragrances, Inc.

12. Ingredion, Inc.

13. Kancor Ingredients Ltd.