Global "Polyglycerol
Market" 2022 Industry
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In this report, we
thoroughly examine and analyse the Global market for Polyglycerol so that
market participants can improve their business strategy and ensure long-term
success. This report provides players with useful information and suggests
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industry. It will show how other players compete in the global Polyglycerol Market
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The global Polyglycerol
Market size is expected to value at USD 5.52 billion by 2022. The market is
subject to witness a substantial growth due to the increasing rising demand for
organic extracts in food and beverage industry, minimizing use of petrochemical
products, and to curb greenhouse gas emissions. Increasing adoption of
genetically modified food (GMO) have adverse effect on the environment, thus
creating need for environmental-friendly food products.
Additionally, major focus
in research and development activities for the production of non-GMO crops is
on rise. These factors are expected to fuel growth of the market in coming
years. Globally, the polyglycerol market is predicted to grow at CAGR of 10.7%
in forecast period, providing numerous opportunities for market players to
invest for research and development in the market.
Additionally, rise in the
demand for low-fat food products among consumers is anticipated to complement
market growth during the forecast period. With recent development of innovative
food products and rise in the demand for high quality organic extracts are
attributing to the growth of polyglycerol industry. Stringent laws and
regulation by local governments regarding quality of food and excess of
chemical usage are anticipated to aid market expansion.
Similarly, increasing
preference towards processing of foods at domestic by smaller countries to
achieve self-sufficiency, is anticipated to fuel market growth. Constant demand
of the polyglycerol from cosmetics and personal care sector is leading to
development of sophisticated products, thus amplifying overall market value.
Properties of polyglycerol
such as multi-functionality, bio-degradability and mildness, make it ideal
choice during production of non-GMO food products. Pharmaceutical sector is one
of the fastest growing segment in the polyglycerol industry with highest
revenue generation in last couple of years. is expected to augment industry
demand. Increasing adoption of science and technology during manufacturing and
development of drugs is one of the critical factors responsible for the rising
demand for the polyglycerol market in pharmaceutical industry.
Glycerol is primary ingredient
during the production of polyglycerol. Glycerol is commonly derived from
biodiesel and oleo-chemicals, which are cheaper and easily available in the
market. Thus, production of the polyglycerol is commonly considered as
cost-effective process, as price of the polyglycerol is directly dependent on
the cost of the raw ingredients. The process involved during production of the
polyglycerol from glycerol is called as esterification of fatty acids, which
are highly saturated or mono-unsaturated depending on number of hydroxyl groups
present. Glycerol is commonly considered as a trifunctional molecule that can
condense with itself to produce multiple polymers.
Polyglycerol esters acts as
non-ionic surfactants with range applications in different industries such as
personal care, food& beverage, and pharmaceutical industry. Polyglycerol
esters are of amphiphilic nature, which makes them ideal choice for the
stabilization of various suspensions activities.
Increasing use of
polyglycerol in cosmetics and personal care sector offer numerous benefits
including emulsification, viscosity management, dispersion and stability for
the end mixture. Application of the polyglycerol in cosmetics and personal care
sector involves hair style gels, skin treatment products, skin cleansers, baby
creams, hand lotions, moisturizers, sunscreens lotions, and sun-protective
sticks. Most popular applications of the polyglycerol are foundation creams,
makeup removers, skin cleansers, and baby creams. In foods & beverages
industry, applications of the polyglycerol include production of fine bakery
products, and chewing gum.
The polyglycerol industry
is divided into regional market segment such as North America, Europe,
Asia-Pacific, Latin America and Africa. North America and European region have
shown major growth in recent years owing to changing foods patterns among
consumers and increasing preference towards exotic and ethnic food products.
Asia-Pacific region is
predicted to hold major market share in the polyglycerol market with massive
growth in forecast period. Countries such as India, China and Japan are leading
the Asia-Pacific market with rise in the personal disposable income and
substantial focus on research and development activities to formulate new
personal care product by industry leaders, thus gaining competitive advantage
in the market. The key players in the polyglycerol industry are TheLonza Group,
Kosher Foods, Greenfield Farms Food Incorporations, Spiga Nord S.p.A, and
Sakamoto Yakuhinkogyo Co., Ltd.
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