Washington, DC, Jan. 23, 2023 (GLOBE NEWSWIRE) — According to Zion Market Research has published a new research report titled “Emulsifiers Market By Application (Personal Care, Food & Beverages, Pharmaceutical, And Others), By Source (Animal, Plant, And Synthetic), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030” in its research database.
“According to the latest research study, the demand of global Emulsifiers Market size & share in terms of revenue was valued at USD 8.91 billion in 2021 and it is expected to surpass around USD 15.15 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 5.54% during the forecast period 2022 to 2030.”
What is Emulsifiers? How big is the Emulsifiers Industry?
Emulsifiers Industry Coverage & Overview:
Emulsions are mixtures of two or more unblendable components that make use of external agents called emulsifiers to reach a stable kinetic state. They have wide applications in the food & beverages, pharmaceutical, and cosmetic industries, three of the largest users of emulsifiers. In the food sector, they act as additives to create a coherent mixture while in the personal care of the cosmetics industry they allow businesses to create solutions that are stable and effective without any negative implications. When two liquids are combined together they can form different types of emulsions and do not have a static internal structure.
This is one of the major reasons why every emulsion should be created using a specific emulsifier to optimize the end results. Most emulsifiers occur naturally however, with advancements in technology, the world has witnessed a rise in the number of synthetic or man-made emulsifiers. Naturally occurring compounds are derived from hydrocolloids that act as thickeners when added to food products while also improving shelf life and texture. Proteins, diacetyl tartaric acid esters of mono, sodium stearoyl lactylate, and others are some of the most widely used emulsifiers in the food sector.
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- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
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- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
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- Zion Market Research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Global Emulsifiers Market: Growth Factors
The global emulsifiers market is anticipated to grow owing to the increasing application of the compounds in the personal care and cosmetics industry, one of the fastest growing sectors due to the rising population, increasing consumer awareness, rising number of players in the market, and easy accessibility as a result of products being available on various e-commerce and social media platforms.
The use of technology to enhance the quality of the products and improve the inclusivity-factor by catering to the needs and demands of consumer segments from different regions, ethnicity, requirement, and other important factors is one of the major reasons for the cosmetics industry to witness such high revenues in the last couple of years. Constant product innovation and strong marketing strategies have allowed businesses to enter the remotest areas and generate curiosity among consumers for their products.
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|Market Size in 2021
|USD 8.91 billion
|Projected Market Size in 2030
|USD 15.15 billion
|CAGR Growth Rate
|Key Market Players
|Spartan Chemical Company Inc, Spartan Chemical Company Inc., Dow Chemical Company, Puratos Group, Stepan Company, and Kerry Group.
|By Application, By Source, and By Region
|Major Regions Covered
|North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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Emulsifiers Market: Segmentation Analysis
Based on application, the global market divisions are personal care, food & beverages, pharmaceuticals, and others. In 2021, the largest segmental market share was held by the applications in the food & beverages industry. The food sector has undergone an evolution over the years and in the modern world, aided by growing knowledge of food and its components along with the adoption of technology from researching and developing more ingredients to the end-production of food products, the industry has witnessed a drastic change in the last couple of years. Although some of the naturally sourced emulsifiers have been in existence for decades, market players have managed to develop artificially enhanced emulsifiers that can provide added benefits. The chocolate industry, one of the biggest consumers of emulsifiers, was valued at USD 129 billion in 2019.
Based on source, the global market divisions are animal, plant, and synthetic. In the last few years, plant-based emulsifiers have led the segmental growth because some of the widely used emulsifiers come from plants. Agar-agar, gellan gum, soy lecithin, and xanthan gum amongst many others are some forms of highly regarded emulsifiers in the global market. The soy lecithin market generated more than USD 730 million in 2020.
The global Emulsifiers market is segmented as follows:
- Personal Care
- Food & Beverages
Browse the full “Emulsifiers Market By Application (Personal Care, Food & Beverages, Pharmaceutical, And Others), By Source (Animal, Plant, And Synthetic), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030” Report at https://www.zionmarketresearch.com/report/emulsifiers-market
Some of the main competitors dominating the global Emulsifiers market include –
- Spartan Chemical Company Inc
- Dow Chemical Company
- Puratos Group
- Stepan Company
- Kerry Group
Key Insights from Primary Research:
- As per the analysis shared by our research analyst, the global emulsifiers market is estimated to grow annually at a CAGR of around 5.524% over the forecast period (2022-2030)
- In terms of revenue, the global emulsifiers market size was valued at around USD 8.91 billion in 2021 and is projected to reach USD 15.15 billion, by 2030.
- The global emulsifiers market is projected to grow owing to the ever-expanding food & beverages (F&B) industry.
- Based on source segmentation, the plant was predicted to show maximum market share in the year 2021
- Based on application segmentation, food & beverages were the leading applications in 2021
- On the basis of region, North America was the leading revenue generator in 2021
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Key questions answered in this report:
- What is the market size and growth rate forecast for Emulsifiers industry?
- What are the main driving factors propelling the Emulsifiers Market forward?
- What are the leading companies in the Emulsifiers Industry?
- What segments does the Emulsifiers Market cover?
- How can I receive a free copy of the Emulsifiers Market sample report and company profiles?
- Market Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Application, By Source and By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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North America is projected to witness surging results in the global emulsifiers market owing to the high adoption rate of the compounds in the pharmaceutical sector of the US, one of the most dominating and highest revenue generation industries across the globe. Growing innovation and research have allowed pharmaceutical giants to develop various topical drugs that use emulsifiers extensively to deliver optimum outcomes. Following the same trend, Europe may also lead with a high CAGR due to the expanding hold of Germany’s pharmaceutical sector. Growth in Asia-Pacific could be driven by the increased revenue in the cosmetic industry, especially in South Korea which is currently one of the major producers of skincare and make-up products with clients and consumers located globally.
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
- In October 2022, Siltech Corporation, a US-based producer of silicone compounds that are completely organo-functional, announced the launch of a new silicone emulsifier modified with sugar. The product called Silube Sustain-S was announced at a trade event held in March 2022. It is a glucose-modified novel emulsifier with a 100% natural and completely biodegradable carrier
- In July 2021, Seppic, a leading healthcare company launched Simaline L80, a new range of liquid emulsifiers to be used as a topical drug and in medical devices. The raw materials used in the manufacturing comply with the European Pharmacopoeia and are launched in association with the Sepineo range of polymer solution
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Tata Elxsi and Telefónica Collaborate to Achieve True Cloud-Native Infrastructure Management, Revolutionising Telecommunications Landscape
BENGALURU, India and BARCELONA, Spain, Feb. 27, 2024 /PRNewswire/ — Tata Elxsi and Telefónica proudly announce a groundbreaking achievement in the realm of the automation of cloud infrastructure for telecommunications, with the successful implementation of true cloud-native infrastructure management powered by ETSI Open-Source MANO (ETSI OSM). This milestone represents a significant evolution in network management, enabling operators to build intent-driven network systems with unprecedented efficiency and agility.
Through this collaboration, Tata Elxsi and Telefónica have enhanced the capabilities of OSM, introducing innovative features such as infrastructure automation, serverless operations execution environments, and the deployment of multi-cloud Platform-as-a-Service (PaaS) solutions. These advancements mark a new phase in the evolution of Telco Cloud technologies and signify a commitment to driving digital transformation across the telecommunications industry.
The integration of OSM with Tata Elxsi’s award-winning NEURON platform represents a pivotal moment in multi-domain transformation towards autonomous network systems. NEURON’s business intent-driven functionalities, coupled with OSM’s platform, provide operators with unparalleled control and flexibility in managing complex infrastructures.
“In our collaboration with Tata Elxsi, our objective is to advance the boundaries of technology and standardization, propelling operators towards cloud-native agility,” emphasised Francisco-Javier Ramón, Multicloud Tools Manager in gCTIO Unit at Telefónica.
“We are thrilled to partner with Telefónica to revolutionize the orchestration landscape,” commented B. Ramesh Ramanathan, Principal Architect, CTO Office at Tata Elxsi. “This collaboration enhances our presence within the open-source community and propels NEURON towards the realm of 5G and beyond and autonomous networks.”
The strategic collaboration between Tata Elxsi and Telefónica sets the stage for future advancements in Telco Cloud technology, paving the way for cutting-edge solutions that address the evolving needs of the telecommunications industry. Powered by OSM, NEURON now possesses the capability to seamlessly integrate infrastructure, services, security, networking, and configuration into a unified, intent-driven deployment.
Please visit MWC Hall 2 – 2A53MR to see the joint demonstration by Telefónica and Tata Elxsi.
About Tata Elxsi
Tata Elxsi is a global design and technology services company that blends technology, creativity, and engineering to help customers transform ideas into world-class products and solutions. With expertise in industries such as automotive, broadcast, communications, healthcare, and more, Tata Elxsi is committed to driving innovation and delivering value to its clients worldwide. For more information, visit www.tataelxsi.com.
Telefónica is a leading telecommunications company operating in Europe and Latin America. With a presence in over 15 countries and a customer base exceeding 350 million, Telefónica is committed to providing cutting-edge solutions and services that enable individuals, businesses, and communities to connect and thrive in the digital world.
View original content:https://www.prnewswire.co.uk/news-releases/tata-elxsi-and-telefonica-collaborate-to-achieve-true-cloud-native-infrastructure-management-revolutionising-telecommunications-landscape-302072353.html
Netcore Unbxd’s Strategic Expansion in Europe Fuels 150% Revenue Growth, Redefining Ecommerce in Europe
LONDON, Feb. 27, 2024 /PRNewswire/ — Netcore Unbxd, a leading AI-powered Commerce Search and Product Discovery landscape player, proudly announces exceptional growth in the UK and European markets. This growth which has tripled in the last year, is marked by the successful onboarding of market-leading retailers, including Waitrose, Unilever Europe, Camper Footwear, Dobbies, Alohas, OceansApart, Goodform, and ResMed Europe. What sets this accomplishment apart is its tangible impact on the retailer’s bottom line, as they leverage the advanced capabilities of Netcore Unbxd’s platform, resulting in an impressive 40% surge in revenue and a substantial 25% increase in conversions.
As a wholly owned subsidiary of Netcore Cloud Pvt Ltd, Netcore Unbxd has strategically scaled its teams across key markets in the UK, France, Spain, and Portugal. Unbxd’s data infrastructure spans five regions, including one in the EU. Additionally, the region has established a comprehensive Go-To-Market (GTM) team comprising skilled professionals in customer success, account management, and sales to reinforce its commitment to providing exceptional services and support to its expanding clientele.
Netcore Unbxd’s success lies in the compelling stories of its customers, which include:
Fishpools, a significant player in the UK furniture industry, experienced a 51% increase in Average Order Value (AOV) and a 20% surge in search-related revenue within 12 months of implementing the Unbxd platform.Wex Photo Video, a leading electronics retailer, saw a remarkable 35% reduction in bounce rates within the same period.The company’s recognition as a leader in the Forrester Wave report in the Commerce Search and Product Discovery category in Q3 of 2023 further solidifies its position in the market. This is in addition to Netcore’s previous recognition as a top vendor in Email Marketing Services (Q1 2022) and Cross-Channel Marketing (Q1 2023).
Netcore Unbxd’s advanced AI technology empowers retailers to deliver highly personalised shopping experiences, optimising product discovery and ensuring a seamless shopper journey. The region’s platform has been highly successful, offering enterprise features such as omnichannel search, natural language processing (NLP) models, and multi-language understanding. Recent collaborations with industry leaders such as Unilever and Waitrose highlight the platform’s effectiveness across diverse UK and European sectors.
Nishant Jain, COO of Netcore Unbxd, stated, “Our vision is to revolutionise the ecommerce landscape by leveraging AI technologies like large language models (LLMs) and vector models to enhance product discovery. Netcore Unbxd, a platform designed for enterprise retailers, has observed a significant 150% growth in revenue within the region over the past year.”
Laura Burbedge, Director of Online at Waitrose, said, “We know that our customers are busy and have lots of demands on their time – they need to be able to fill their online shopping trolley quickly and easily with minimal effort. Through working with Unbxd we have already seen a significant improvement in customer satisfaction with our search feature, with more personalised results.”
As AI continues to evolve in ecommerce, Netcore Unbxd remains well-positioned to leverage innovative solutions that empower businesses to stay ahead of the curve.
Netcore Unbxd is a cutting-edge AI-powered product discovery platform that elevates the ecommerce experience with personalised interactions. By providing a range of solutions, including contextually relevant Search, Personalisation, and Product Recommendations, alongside an intelligent Product Information Management (PIM) platform and an intuitive merchandising console, Unbxd offers brands the tools to optimise their ecommerce objectives. Noteworthy global brands such as Unilever, MattressFirm, Waitrose, Advance Auto Parts, Dillard’s, The Children’s Place, HSN, and Wex have trusted Unbxd. Across the world, Unbxd consistently delivers exceptional shopping journeys to countless online visitors at scale.
Media Contact:Mekhala [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/netcore-unbxds-strategic-expansion-in-europe-fuels-150-revenue-growth-redefining-ecommerce-in-europe-302072111.html
ZwickRoell selects IFS Cloud to drive operational efficiency and support growth
IFS Cloud ERP will streamline ZwickRoell’s processes to reduce complexity and improve efficiencies to build business resilience.
LONDON, Feb. 27, 2024 /PRNewswire/ — IFS, the global cloud enterprise software company, today announced that ZwickRoell Gmbh & Co.KG, a leading worldwide manufacturer of materials testing equipment, has selected IFS Cloud in a strategic move to harmonize its business processes and deliver enhanced visibility across its operations.
The move to IFS Cloud was driven by the need to modernize its current Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) solution, which could no longer meet the business’ requirements needed to support its strategic growth plans. Amid industry challenges, including global supply chain disruption, meeting sustainability goals and readiness for increased automation, ZwickRoell sought a new solution that would simplify its daily operations and eliminate existing IT operating risks.
IFS Cloud will enable the company to harmonize its disparate systems and simplify processes across its operations, driving continuous improvements and efficiency. With IFS Cloud, ZwickRoell will benefit from a single, composable digital platform that is designed to fit the needs of its complex manufacturing cycle today, from product development through to service and maintenance, and scale in future.
A key advantage of IFS Cloud is its evergreen model, which allows ZwickRoell to seamlessly integrate composable business applications across ERP, Enterprise Asset Management (EAM) and Field Service Management (FSM) as needed, enabling a solid data foundation across organization, and therefore delivering faster time to insight and minimizing costs. IFS Cloud will also enable the company to easily integrate users from MS Dynamics CRM systems, one of ZwickRoell’s key requirements.
Klaus Cierocki, CEO of ZwickRoell, said: “We are excited to begin a new chapter with IFS. Their manufacturing industry expertise and leading enterprise software differentiated them during the competitive selection process and they have given us complete confidence that they will support. IFS Cloud will provide us with the single platform that we knew was necessary to properly support our entire manufacturing and production cycle, ultimately helping us deliver better value to our customers and to build resiliency and agility into our business.”
Frank Beerlage, Managing Director DACH, IFS, said: “ZwickRoell is a strong family-run organization with traditions reaching back 160 years. Its values of honesty and fairness and its commitment to its customers are deeply aligned with IFS’s own mission. Globally, we are seeing manufacturers are increasingly accelerating their adoption of cloud-enabled solutions to enable the agility needed in the face of global challenges. We look forward to partnering with ZwickRoell on their digital transformation journey with IFS Cloud a core part of their strategic growth plans.”
The scale of deployment will include 1,390 users and two sites in Germany and Austria, with an 18-month global rollout to follow.
For more than 160 years ZwickRoell has delivered outstanding technical performance, innovation and quality, in materials and component testing. ZwickRoell testing machines are used in R&D and quality assurance in more than 20 industries with one common goal – reliable test results This is ensured by a team of 1,900 dedicated employees in +50 countries, with competence, openness and passion.
Learn more about how automation and digitalization can make testing processes more efficient, simpler and safer at zwickroell.com
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers-at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of over 6,000 employees every day live our values of agility, trustworthiness, and collaboration in how we support our 6,500+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
IFS Press Contacts:EUROPE / MEA / APJ: Adam GillbeIFS, Director of Corporate & Executive CommunicationsEmail: [email protected]: +44 7775 114 856
NORTH AMERICA / LATAM: Mairi MorganIFS, Director of Corporate & Executive CommunicationsEmail: [email protected]: +44 7018 607 299
The following files are available for download:
ZwickRoell PR Final
View original content:https://www.prnewswire.co.uk/news-releases/zwickroell-selects-ifs-cloud-to-drive-operational-efficiency-and-support-growth-302072341.html
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