Food Grade Glycerin Market Report: Trends, Forecast and Competitive Analysis to 2030
Food Grade Glycerin Trends and Forecast
The future of the global food grade glycerin market looks promising with opportunities in the pharmaceutical grade and technical grade markets. The global food grade glycerin market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are significantly growing food and beverage industry and growing demand for glycerin by various end use industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Food Grade Glycerin by Segment
The study includes a forecast for the global food grade glycerin by source, process, grade, and region.
Food Grade Glycerin Market by Source [Shipment Analysis by Value from 2018 to 2030]:
- Synthetic
- Soaps
- Biodiesel
- Vegetable Oils
Food Grade Glycerin Market by Process [Shipment Analysis by Value from 2018 to 2030]:
- Fat Splitting
- Saponification
- Transesterification
Food Grade Glycerin Market by Grade [Shipment Analysis by Value from 2018 to 2030]:
- Pharmaceutical Grade
- Technical Grade
Food Grade Glycerin Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Food Grade Glycerin Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food grade glycerin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food grade glycerin companies profiled in this report include-
- Wilmar International
- Cargill
- IoI Oleochemicals
- Emery Oleo chemicals
- Godrej Industries
- Kuala Lumpur Kepong Berhad
- Pandg Chemicals
- Kao
- Avril
- The Dow Chemical Company
Food Grade Glycerin Market Insights
Lucintel forecasts that transesterification will remain the largest segment over the forecast period due to high demand for food-grade glycerin produced through transesterification.
Within this market, technical grade will remain the larger segment due to wider range of applications.
APAC will remain the largest region over the forecast period due to rising disposable incomes, changing lifestyles, and significantly growing pharmaceutical industry.
Features of the Global Food Grade Glycerin Market
Market Size Estimates: Food grade glycerin market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Food grade glycerin market size by source, process, grade, and region in terms of value ($B).
Regional Analysis: Food grade glycerin market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sources, processes, grades, and regions for the food grade glycerin market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food grade glycerin market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the food grade glycerin market size?
Answer: The global food grade glycerin market is expected to reach an estimated $2.9 billion by 2030.
Q2. What is the growth forecast for food grade glycerin market?
Answer: The global food grade glycerin market is expected to grow with a CAGR of 7.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the food grade glycerin market?
Answer: The major drivers for this market are significantly growing food and beverage industry and growing demand for glycerin by various end use industries.
Q4. What are the major segments for food grade glycerin market?
Answer: The future of the food grade glycerin market looks promising with opportunities in the pharmaceutical grade and technical grade markets.
Q5. Who are the key food grade glycerin market companies?
Answer: Some of the key food grade glycerin companies are as follows:
- Wilmar International
- Cargill
- IoI Oleochemicals
- Emery Oleo chemicals
- Godrej Industries
- Kuala Lumpur Kepong Berhad
- Pandg Chemicals
- Kao
- Avril
- The Dow Chemical Company
Q6. Which food grade glycerin market segment will be the largest in future?
Answer: Lucintel forecasts that transesterification will remain the largest segment over the forecast period due to high demand for food-grade glycerin produced through transesterification.
Q7. In food grade glycerin market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising disposable incomes, changing lifestyles, and significantly growing pharmaceutical industry.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the food grade glycerin market by source (synthetic, soaps, biodiesel, and vegetable oils), process (fat splitting, saponification, and transesterification), grade (pharmaceutical grade and technical grade), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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