The global emulsions for beverages market is anticipated to reach $1.5 billion by the end of 2029, according to a report from Persistence Market Research.
This is up from $1.2 billion in 2019. Among the key facts from the report:
- Demand is driven by a growing preference for RTD (ready to drink) beverages; this desire is driven by consumers’ increasingly busy schedules
- In RTD drinks, emulsions are vital ingredients, increasing shelf life, providing better texture and stability and providing better mouthfeel after drinking
- Increasing adoption of innovative new flavors will likely contribute to growth
- Demand for emulsions is increasing, and the introduction of stabilizer-free drinks increases the turnaround time for emulsions for beverages
- New technology will provide thrust to the production process for emulsion for beverages, and help fulfill the increasing demand in 2019 and beyond
- More than 50% of the market share is held by the top 10 producers in the emulsions beverages market
- Top manufacturers are making strategic moves, such as acquisitions and targeting emerging economies and expanding their presence within them, to maintain and increase their market share
