What is the current Polyglycerol Market size?

The Polyglycerol Market is projected to register a CAGR of 6% during the forecast period (2024-2029) Read More

Who are the key players in Polyglycerol Market?

Mitsubishi Chemical Holdings Corporation, Estelle Chemicals Pvt. Ltd., Lonza, Oleon NV and DuPont are the major companies operating in the Polyglycerol Market. Read More

Which is the fastest growing region in Polyglycerol Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Polyglycerol Market?

In 2024, the Asia Pacific accounts for the largest market share in Polyglycerol Market. Read More

What years does this Polyglycerol Market cover?

The report covers the Polyglycerol Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Polyglycerol Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Polyglycerol Market Trends

Statistics for the 2023 & 2024 Polyglycerol market trends, created by Mordor Intelligence™ Industry Reports. Polyglycerol trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Polyglycerol Industry

This section covers the major market trends shaping the Polyglycerol Market according to our research experts:

Increasing Demand from Food & Beverage Industry Segment

Global food & beverage industry is anticipated to grow at a CAGR of more than 8%, during the forecast period. Polyglycerol polyricinoleate, polyglycerol esters and polyglycerol sebacate are intensively used as additives, and emulsifiers in the food & beverage Industry.
The global food additives market is projected to grow at a CAGR of more than 6%, during the forecast period. This is because of the rising demand for convenience and packaged foods, where polyglycerol derivatives as food additives, are used in a higher quantity.
The global food emulsifiers market is projected to grow at a CAGR of about 6% during the forecast period. Emulsifiers are used in food technology to keep products moist or greasy (such as cakes and bread) or to mix fat-soluble substances with water, such as margarine.
Major applications of the polyglycerol derivates are in flavors, baking, emulsified shortenings, salad dressings, icings, fillings, whipped toppings, etc.
The food & beverage industry segment is expected to dominate the global polyglycerol market over the forecast period.

Understand The Key Trends Shaping This Market

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Asia-Pacific Region to Dominate the Market

Asia-Pacific region is expected to be the dominant market in polyglycerol consumption. This is because the region dominates the market for the end-user industries such as food & beverage and cosmetics.
The Asian food & beverage market is expected to grow at CAGR of more than 9%, during the forecast period, majorly driven by the increasing population and rising purchasing power. This in turn will create demand for polyglycerol derivatives, to be used as additives and emulsifiers in food & beverage industry.
Emulsifiers derived from polyglycerols are also used as a raw material in cosmetic products. The Asian cosmetic market is gaining popularity worldwide and is expected to grow at a CAGR of 5%, during the forecast period. Japan, Singapore, South Korea Hong Kong, and China are amongst the top 10 global cosmetics exporters.
Some of the major producers of polyglycerols operating in Asia-Pacific region are Mitsubishi Chemical Holdings Corporation and Estelle Chemicals Pvt. Ltd.