Polyglycerol Market Size & Forecast Report, 2012 - 2022

The global Polyglycerol Market size is expected to value at USD 5.52 billion by 2022. The market is subject to witness substantial growth due to the increasing rising demand for organic extracts in the food and beverage industry, minimizing the use of petrochemical products, and curbing greenhouse gas emissions. Increasing adoption of genetically modified food (GMO) hurts the environment, thus creating the need for environmental-friendly food products.

Additionally, a major focus on research and development activities for the production of non-GMO crops is on rising. These factors are expected to fuel the growth of the market in the coming years. Globally, the polyglycerol market is predicted to grow at a CAGR of 10.7% in the forecast period, providing numerous opportunities for market players to invest in research and development in the market.

Additionally, a rise in the demand for low-fat food products among consumers is anticipated to complement market growth during the forecast period. The recent development of innovative food products and the rise in the demand for high-quality organic extracts are attributed to the growth of the polyglycerol industry. Stringent laws and regulations by local governments regarding the quality of food and excess chemical usage are anticipated to aid market expansion.

Similarly, increasing preference towards the processing of foods at domestic by smaller countries to achieve self-sufficiency, is anticipated to fuel market growth. The constant demand for the polyglycerol from cosmetics and personal care sector is leading to the development of sophisticated products, thus amplifying overall market value.

Properties of polyglycerol such as multi-functionality, bio-degradability, and mildness, make it an ideal choice during the production of non-GMO food products. The pharmaceutical sector is one of the fastest-growing segments in the polyglycerol industry with the highest revenue generation in the last couple of years. is expected to augment industry demand. Increasing adoption of science and technology during the manufacturing and development of drugs is one of the critical factors responsible for the rising demand for the polyglycerol market in the pharmaceutical industry.

Glycerol is the 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, the production of polyglycerol is commonly considered a cost-effective process, as the price of the polyglycerol is directly dependent on the cost of the raw ingredients. The process involved during the production of the polyglycerol from glycerol is called as esterification of fatty acids, which are highly saturated or mono-unsaturated depending on the number of hydroxyl groups present. Glycerol is commonly considered a trifunctional molecule that can condense with itself to produce multiple polymers.

Polyglycerol esters act as non-ionic surfactants with a range of applications in different industries such as personal care, food& beverage, and the pharmaceutical industry. Polyglycerol esters are of amphiphilic nature, which makes them an ideal choice for the stabilization of various suspensions activities.

Increasing use of polyglycerol in the cosmetics and personal care sector offers numerous benefits including emulsification, viscosity management, dispersion, and stability for the end mixture. Application of polyglycerol in the cosmetics and personal care sector involves hairstyle gels, skin treatment products, skin cleansers, baby creams, hand lotions, moisturizers, sunscreens lotions, and sun-protective sticks. The most popular applications of polyglycerol are foundation creams, makeup removers, skin cleansers, and baby creams. In the foods & beverages industry, applications of the polyglycerol include production of fine bakery products and chewing gum.

The polyglycerol industry is divided into regional market segments such as North America, Europe, Asia-Pacific, Latin America, and Africa. North America and the 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 a major market share in the polyglycerol market with massive growth in the forecast period. Countries such as India, China, and Japan are leading the Asia-Pacific market with a rise in personal disposable income and substantial focus on research and development activities to formulate new personal care products by industry leaders, thus gaining a 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.

Market Segment:

Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
    • PG2
    • PG3
    • PG4
    • PG6
    • PG10

Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
    • Food & Beverages
    • Pharmaceuticals
    • Personal Care

Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
    • Asia Pacific
        • China
        • India
    • Latin America
        • Brazil
    • Middle East & Africa