The present invention aims to provide an emulsifying dispersant capable of stably dispersing a large amount of oil even when used in a small amount, and an emulsion composition containing same, and further aims to provide an emulsion composition showing high emulsion stability even when added to a food or drink containing an electrolyte, which can be used for a final product without the need for a complicated operation.The present invention provides an emulsifying dispersant, comprising an amphipathic substance and an electrolyte, wherein the amphipathic substance forms two or more layers, and an emulsion composition containing same. The present invention also provides a food or drink containing said emulsion composition and a production method thereof, as well as a method of forming a three-phase emulsion by utilizing said emulsifying dispersant.