MEXICO – Palsgaard, the world’s only full-service emulsifier and stabiliser company, has opened a new Mexican facility in San Luís Potosí to better position it for continuing growth and in responding to the demands and requests of our customers in Mexico and Latin America.
The new 65,000 m2 facility houses offices, common areas, factory, temperature controlled warehouses and state-of-the-art application centres within bakery, confectionery, dairy, ice cream, lipids and meat.
With the new facility, Palsgaard says its application teams will welcome customers, either virtually or in person to help test and develop new consumer products.
To ensure that this facility will continue Palsgaard’s tradition of carbon neutral emulsifier production, it has been fitted with hundreds of solar panels.
Palsgaard achieved CO2-neutrality in 2020, two years ahead of schedule, becoming one of the few companies to achieve such a milestone. Its Mexican operations report to have achieved CO2 neutrality in 2017.
The inauguration of the new Mexican facility is timely. It comes at a time when the market size of emulsifiers, in terms of value, is projected to reach USD$8.44 Billion by 2021, at a CAGR of 6.8% between 2016 and 2021.
High-growth of end-use application such as cosmetics & personal care and food are the key factors driving the growth of the emulsifiers market.
The food industry is however the largest application of emulsifiers.
This is due to the increase in demand of processed food products such as dairy & meat product, bakery, convenience foods, and confectionery, especially, in emerging markets such as Asia-Pacific and the Middle East.
In Latin America, Food Emulsifiers Market was worth US$320 Million in 2020 and is estimated to be growing at a CAGR of 4.80%, to reach US$410 Million by 2025, according to Markets and Markets
The growth of the Latin America Food Emulsifiers is majorly driven by factors such as rising population and increasing consumer awareness towards trans-fat products.
New processing techniques used for product development have also invariably raised the market for food emulsifiers.
Markets and Markets however notes that rising Demand for natural emulsifiers by consumers is however restraining the growth of the market.
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