What is the significance of the emulsification of fat?

What is the significance of the emulsification of fat?

It increases the efficiency of fats digesting enzymes. It converts large fat moleculecule into small fat droplet. It increases the surface area of work for fat digesting enzymes.

@Karthik Emulsification of fats is done by Bile juice. this increases the efficiency of the lipase enzyme to act, thus converting fats to Amino acids.