LATAM Emulsifiers Market Research Report Forecast to 2030

The Latin America Emulsifiers market was valued at USD 1,001.35 Million in 2021 and is expected to reach a value of USD 1,643.90 Million by 2030 with a CAGR of 6.03%. In terms of volume, the Latin American market was sized at 379.56 kilotons in 2021 and is projected to reach 602.80 kilotons at a CAGR of 5.64% during the review period. The growth of the Latin America Emulsifiers market is primarily driven by its extensive use in the food industry, especially in packaged food products.

Emulsifiers, which can come from plants, animals, or synthetic sources, are commonly used in processed foods like ice cream, mayonnaise, and baked products to produce a smooth texture, prevent separation, and extend shelf life. In the food business, emulsifiers are employed to give goods a smooth, thick consistency that makes meals more appealing to customers. Emulsifier-containing products are often described as silky, delicate, and creamy. Emulsifiers can be synthesized or found naturally. Many of the emulsifiers utilized today are hydrocolloids that are naturally generated. Food emulsifiers help to stabilize and produce emulsions by lowering surface energy at the oil-water interface. Some trends in the region are emerging because of changing lifestyles and consumer behavior toward food, such as increased demand for food. As a result, rising food demand is a driving force in the Latin American market. Moreover, emulsions are widely utilized in the oil and gas industry to transport and store crude oil and other feedstocks. Emulsions are formed at practically every stage of oil production and processing, including inside reservoirs, wellbores, and wellheads; at wet-crude handling facilities and gas/oil separation plants; and throughout the pipeline, crude storage, and petroleum processing. Oil and petrol production in Latin America is increasing significantly, with Brazil leading the way, followed by Mexico, Venezuela, and others. As a result, the extensive usage of emulsifiers in the oil and gas industry may drive demand in the Latin America Emulsifiers market.

Additionally, the stringent government regulations on the use of certain emulsifiers and growing preference for enzymes and other alternatives might hinder the market growth in the forecast period.

Market Segmentation

As per MRFR analysis, the Latin America Emulsifiers market has been segmented based on source, application, and country. Based on the source, the Latin American market has been divided into natural, and synthetic.

Based on application, the Latin America market has been divided into food products, personal care, pharmaceutical, oilfield, agrochemicals, and others.

The Mexico market held a share of 33.78% of the Latin America market owing to the easy availability of raw materials as well as increasing demand from the end-use industries such as food products, automotive, and others. Brazil accounted for the second largest with a market share of 31.60% and valued at USD 316.45 million the growth is attributed to the growing food market in the country.

Major Players

BASF SE, Corbion, Kerry Group plc., ADM, and Solvay are some of the key players operating in the Latin America market.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 EMULSIFIERS MARKET, BY SOURCE
- 1.1.2 EMULSIFIERS MARKET ANALYSIS BY APPLICATION
- 1.1.3 EMULSIFIERS MARKET, BY COUNTRY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING DEMAND FOR FOOD PRODUCTS
- 4.2.2 SIGNIFICANT USE OF EMULSIFIERS IN OIL & GAS INDUSTRY
- 4.2.3 GROWING PERSONAL CARE & COSMETICS INDUSTRY IN LATIN AMERICA
4.3 RESTRAINTS
- 4.3.1 STRINGENT REGULATIONS ON THE MANUFACTURE OF SPECIFIC EMULSIFIERS
4.4 OPPORTUNITIES
- 4.4.1 INNOVATION AND DEVELOPMENT IN EMERGING SECTORS
4.5 CHALLENGES
- 4.5.1 GROWING PREFERENCE FOR ENZYMES AND OTHER ALTERNATIVES OVER EMULSIFIERS IN CERTAIN APPLICATIONS IN THE FOOD INDUSTRY

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTION & SALES CHANNEL
- 5.1.4 END-USERS
5.2 PORTER'S FIVE FORCES ANALYSIS
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 PRICING ANALYSIS, BY COUNTRY(USD/TON) 2019-2021
5.4 IMPACT OF COVID-19 ON THE LATIN AMERICA EMULSIFIERS MARKET
- 5.4.1 OVERVIEW OF SUPPLY AND DEMAND SCENARIO
- 5.4.2 IMPACT OF COVID-19 ON END-USE INDUSTRY

6 LATIN AMERICA EMULSIFIERS MARKET, BY SOURCE

6.1 OVERVIEW
- 6.1.1 EMULSIFIER: MARKET ESTIMATES & FORECAST BY SOURCE, 2019-2030
- 6.1.2 EMULSIFIER: MARKET ESTIMATES & FORECAST BY SOURCE, 2019-2030

7 LATIN AMERICA EMULSIFIERS MARKET, BY APPLICATION

7.1 OVERVIEW
- 7.1.1 EMULSIFIER: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030
- 7.1.2 EMULSIFIER: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030

8 LATIN AMERICA EMULSIFIERS MARKET, BY COUNTRY

8.1 OVERVIEW
- 8.1.1 BRAZIL
- 8.1.2 MEXICO
- 8.1.3 ARGENTINA
- 8.1.4 REST OF LATIN AMERICA

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 LATIN AMERICA MARKET STRATEGY ANALYSIS
9.3 COMPETITIVE BENCHMARKING
9.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES
- 9.4.1 PRODUCT LAUNCH
- 9.4.2 EXPANSION

10 COMPANY PROFILES

10.1 BASF SE
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
10.2 CORBION
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCTS OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
10.3 KERRY GROUP PLC.
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
10.4 LONZA
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGIES
10.5 ADM
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
10.6 DUPONT
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
10.7 CARGILL, INCORPORATED
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 KEY STRATEGIES
10.8 ESTELLE CHEMICALS PVT. LTD.
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
10.9 DSM
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 SWOT ANALYSIS
- 10.9.6 KEY STRATEGIES
10.10 SOLVAY
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGIES

11 APPENDIX

11.1 REFERENCES
11.2 RELATED REPORTS

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS 22
TABLE 2 NEW TRENDS OF EMULSION-BASED PRODUCTS WITH POTENTIAL IN THE FOOD INDUSTRY 31
TABLE 3 PRICING OVERVIEW, BY COUNTRY 36
TABLE 4 EMULSIFIERS MARKET ESTIMATES & FORECAST, BY SOURCE, 2019-2030 (USD MILLION) 39
TABLE 5 EMULSIFIERS MARKET ESTIMATES & FORECAST, BY SOURCE, 2019-2030 (KILO TONS) 40
TABLE 6 EMULSIFIERS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030 (USD MILLION) 41
TABLE 7 EMULSIFIERS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030 (KILO TONS) 42
TABLE 8 LATIN AMERICA EMULSIFIERS MARKET, BY COUNTRY, 2019-2030 (USD MILLION) 43
TABLE 9 LATIN AMERICA EMULSIFIERS MARKET, BY COUNTRY, 2019-2030 (KILO TONS) 44
TABLE 10 BRAZIL: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (USD MILLION) 44
TABLE 11 BRAZIL: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (KILO TONS) 45
TABLE 12 BRAZIL: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 45
TABLE 13 BRAZIL: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (KILO TONS) 45
TABLE 14 MEXICO: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (USD MILLION) 46
TABLE 15 MEXICO: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (KILO TONS) 46
TABLE 16 MEXICO: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 46
TABLE 17 MEXICO: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (KILO TONS) 47
TABLE 18 ARGENTINA: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (USD MILLION) 47
TABLE 19 ARGENTINA: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (KILO TONS) 47
TABLE 20 ARGENTINA: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 48
TABLE 21 ARGENTINA: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (KILO TONS) 48
TABLE 22 REST OF LATIN AMERICA: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (USD MILLION) 48
TABLE 23 REST OF LATIN AMERICA: EMULSIFIERS MARKET, BY SOURCE, 2019-2030 (KILO TONS) 49
TABLE 24 REST OF LATIN AMERICA: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 49
TABLE 25 REST OF LATIN AMERICA: EMULSIFIERS MARKET, BY APPLICATION, 2019-2030 (KILO TONS) 49
TABLE 26 PRODUCT LAUNCH 52
TABLE 27 EXPANSION 53
TABLE 28 BASF SE: PRODUCTS OFFERED 56
TABLE 29 CORBION: PRODUCTS OFFERED 60
TABLE 30 KERRY GROUP PLC.: PRODUCTS OFFERED 64
TABLE 31 LONZA: PRODUCTS OFFERED 67
TABLE 32 LONZA: KEY DEVELOPMENTS 68
TABLE 33 ADM: PRODUCTS OFFERED 71
TABLE 34 DUPONT: PRODUCTS OFFERED 75
TABLE 35 DUPONT: KEY DEVELOPMENTS 75
TABLE 36 CARGILL, INCORPORATED: PRODUCTS OFFERED 78
TABLE 37 CARGILL, INCORPORATED: KEY DEVELOPMENTS 78
TABLE 38 ESTELLE CHEMICALS PVT. LTD.: PRODUCTS OFFERED 80
TABLE 39 DSM: PRODUCTS OFFERED 83
TABLE 40 SOLVAY: PRODUCTS OFFERED 86
TABLE 41 SOLVAY: KEY DEVELOPMENTS 86

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 11
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: EMULSIFIERS MARKET, 2021 12
FIGURE 3 EMULSIFIERS MARKET ANALYSIS BY SOURCE 13
FIGURE 4 EMULSIFIERS MARKET ANALYSIS BY APPLICATION 14
FIGURE 5 EMULSIFIERS MARKET ANALYSIS BY COUNTRY 15
FIGURE 6 EMULSIFIERS MARKET: MARKET STRUCTURE 16
FIGURE 7 RESEARCH PROCESS OF MRFR 17
FIGURE 8 MARKET DYNAMICS OVERVIEW 24
FIGURE 9 LATIN AMERICA FOOD MARKET, 2017-2027 (USD BILLION) 25
FIGURE 10 TOP 10 OIL PRODUCING COUNTRIES IN LATIN AMERICA, 2021 (THOUSAND BARRELS/DAY) 27
FIGURE 11 LATIN AMERICA BEAUTY & PERSONAL CARE MARKET, 2019-2027, (USD BILLION) 28
FIGURE 12 DRIVERS IMPACT ANALYSIS 28
FIGURE 13 RESTRAINTS IMPACT ANALYSIS 29
FIGURE 14 SUPPLY CHAIN ANALYSIS FOR EMULSIFIERS MARKET 33
FIGURE 15 PORTER'S FIVE FORCES ANALYSIS OF THE LATIN AMERICA EMULSIFIERS MARKET 35
FIGURE 16 LATIN AMERICA EMULSIFIERS MARKET, BY SOURCE, 2019 TO 2030 (USD MILLION) 39
FIGURE 17 LATIN AMERICA EMULSIFIERS MARKET, BY SOURCE, 2019 TO 2030 (KILO TONS) 40
FIGURE 18 LATIN AMERICA EMULSIFIERS MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 41
FIGURE 19 LATIN AMERICA EMULSIFIERS MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 42
FIGURE 20 LATIN AMERICA EMULSIFIERS MARKET, BY COUNTRY, 2019-2030 (USD MILLION) 43
FIGURE 21 LATIN AMERICA EMULSIFIERS MARKET, BY COUNTRY, 2019-2030 (KILO TONS) 44
FIGURE 22 BENCHMARKING OF MAJOR COMPETITORS 51
FIGURE 23 BASF SE: FINANCIAL OVERVIEW SNAPSHOT 55
FIGURE 24 BASF SE: SWOT ANALYSIS 57
FIGURE 25 CORBION: FINANCIAL OVERVIEW SNAPSHOT 59
FIGURE 26 CORBION: SWOT ANALYSIS 61
FIGURE 27 KERRY GROUP PLC.: SWOT ANALYSIS 64
FIGURE 28 LONZA: FINANCIAL OVERVIEW SNAPSHOT 67
FIGURE 29 LONZA: SWOT ANALYSIS 68
FIGURE 30 ADM: FINANCIAL OVERVIEW SNAPSHOT 70
FIGURE 31 ADM: SWOT ANALYSIS 72
FIGURE 32 DUPONT: FINANCIAL OVERVIEW SNAPSHOT 74
FIGURE 33 DUPONT: SWOT ANALYSIS 76
FIGURE 34 CARGILL, INCORPORATED: FINANCIAL OVERVIEW SNAPSHOT 77
FIGURE 35 CARGILL, INCORPORATED: SWOT ANALYSIS 78
FIGURE 36 ESTELLE CHEMICALS PVT. LTD.: SWOT ANALYSIS 81
FIGURE 37 DSM: SWOT ANALYSIS 83
FIGURE 38 SOLVAY: FINANCIAL OVERVIEW SNAPSHOT 85
FIGURE 39 SOLVAY: SWOT ANALYSIS 87