Market Overview:
The global food glycerol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food grade glycerol from various applications such as juice, wine, meat product, pet food and others. In addition, the growing demand for feed grade glycerol from the livestock industry is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing glycerol is restraining the growth of this market. On the basis of type, food grade accounted for majority share in 2017 and it is expected to maintain its dominance during forecast period as well. This can be attributed to its increasing demand from various applications such as juice, wine and meat product among others.
Product Definition:
Glycerol is a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic. It is used as a humectant (a substance that retains moisture) in food, cosmetics, and pharmaceuticals. Glycerol also has industrial uses as a solvent and manufacturing feedstock.
Food Grade:
Food grade glycerol is a type of vegetable oil that has been processed to remove impurities and to make it suitable for human consumption. It is colorless, odorless, flavorless and highly hygroscopic in nature. Food grade glycerol can be produced from soybean, palm kernel or sunflower oils by chemical or enzymatic hydrolysis methods.
Feed Grade:
Feed grade is the product that is obtained from animal fats and oils. It has a high concentration of fatty acids, which are essential for dairy products such as butter and cheese production. Feed grade glycerol can also be used in other food applications such as bakery products, confectionery & chocolates, ice creams, sauces & condiments and pharmaceuticals.
It plays an important role in maintaining the moisture content of various foods by preventing its oxidation.
Application Insights:
The global food glycerol market is segmented by application into wine, meat product, pet food, and other applications. The others application segment held the largest share of over 30% in 2017. Glycerol has a wide range of applications in various industries including pharmaceuticals and cosmetics. In pharmaceutical industry it is used for manufacturing syrups and medicines owing to its sweet taste which makes them more palatable to patients as well as increases their acceptance among children suffering from chronic diseases such as diabetes mellitus or cancer. It also finds use in the manufacture of cough drops due to its cooling effect on the throat which eases irritation caused by cough or cold viruses.
Regional Analysis:
North America was the second-largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to high demand for glycerol from various end-use industries, such as food and beverage, pharmaceuticals, cosmetics and personal care products. In addition, rising consumer awareness regarding health benefits associated with specific food items is likely to propel industry growth over the coming years.
Asia Pacific accounted for a significant share of global revenue in 2017 due to rapid industrialization coupled with supportive government initiatives aimed at promoting manufacturing output within emerging economies including China and India. Moreover, increasing meat consumption across these countries along with growing exports from developed markets like U.S.
Europe was estimated as the third largest regional market in terms of volume after North America.
Growth Factors:
- Increasing demand for food grade glycerol from the food and beverage industry as a humectant, stabilizer, and thickener.
- Rising demand for biofuels as they are more environment-friendly as compared to petrol and diesel fuels.
- Growing awareness about the benefits of using glycerol in various end-use applications such as cosmetics, pharmaceuticals, and personal care products.
- Technological advancements in the production of biodiesel that would help reduce the cost of production and make it more competitive in the market place
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Glycerol Market Research Report
By Type
Food Grade, Feed Grade,
By Application
Juice, Wine, Meat Product, Pet Food, Others,
By Companies
P&G Chemicals, Oleon, KLK OLEO, Emery Oleochemicals, IOI Oleochemicals, Musim MAS, Dow Chemical, Wilmar International, Pacific Oleochemicals Sdn, Vance Bioenergy, Cargill, PT SOCI MAS, Vantage Oleochemicals, Godrej Industries, Hangzhou Oleochemicals, Qingyuan Futai, Cambridge Olein, Shuangma Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Food Glycerol Market Report Segments:
The global Food Glycerol market is segmented on the basis of:
Types
Food Grade, Feed Grade,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Juice, Wine, Meat Product, Pet Food, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- P&G Chemicals
- Oleon
- KLK OLEO
- Emery Oleochemicals
- IOI Oleochemicals
- Musim MAS
- Dow Chemical
- Wilmar International
- Pacific Oleochemicals Sdn
- Vance Bioenergy
- Cargill
- PT SOCI MAS
- Vantage Oleochemicals
- Godrej Industries
- Hangzhou Oleochemicals
- Qingyuan Futai
- Cambridge Olein
- Shuangma Chemical
Highlights of The Food Glycerol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Feed Grade
- By Application:
- Juice
- Wine
- Meat Product
- Pet Food
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Glycerol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food glycerol is a type of sugar that is found in many foods. It's also used as a sweetener in some products.
Some of the major players in the food glycerol market are P&G Chemicals, Oleon, KLK OLEO, Emery Oleochemicals, IOI Oleochemicals, Musim MAS, Dow Chemical, Wilmar International, Pacific Oleochemicals Sdn, Vance Bioenergy, Cargill, PT SOCI MAS, Vantage Oleochemicals, Godrej Industries, Hangzhou Oleochemicals, Qingyuan Futai, Cambridge Olein, Shuangma Chemical.
The food glycerol market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Glycerol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Glycerol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Glycerol Market - Supply Chain
4.5. Global Food Glycerol Market Forecast
4.5.1. Food Glycerol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Glycerol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Glycerol Market Absolute $ Opportunity
5. Global Food Glycerol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Glycerol Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Feed Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Glycerol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Glycerol Market Size and Volume Forecast by Application
6.3.1. Juice
6.3.2. Wine
6.3.3. Meat Product
6.3.4. Pet Food
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Glycerol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Glycerol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Glycerol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Glycerol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Glycerol Demand Share Forecast, 2019-2026
9. North America Food Glycerol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Glycerol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Glycerol Market Size and Volume Forecast by Application
9.4.1. Juice
9.4.2. Wine
9.4.3. Meat Product
9.4.4. Pet Food
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Glycerol Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Feed Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Glycerol Demand Share Forecast, 2019-2026
10. Latin America Food Glycerol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Glycerol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Glycerol Market Size and Volume Forecast by Application
10.4.1. Juice
10.4.2. Wine
10.4.3. Meat Product
10.4.4. Pet Food
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Glycerol Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Feed Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Glycerol Demand Share Forecast, 2019-2026
11. Europe Food Glycerol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Glycerol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Glycerol Market Size and Volume Forecast by Application
11.4.1. Juice
11.4.2. Wine
11.4.3. Meat Product
11.4.4. Pet Food
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Glycerol Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Feed Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Counry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Glycerol Demand Share, 2019-2026
12. Asia Pacific Food Glycerol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Glycerol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Glycerol Market Size and Volume Forecast by Application
12.4.1. Juice
12.4.2. Wine
12.4.3. Meat Product
12.4.4. Pet Food
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Glycerol Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Feed Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Glycerol Demand Share, 2019-2026
13. Middle East & Africa Food Glycerol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Glycerol Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Glycerol Market Size and Volume Forecast by Application
13.4.1. Juice
13.4.2. Wine
13.4.3. Meat Product
13.4.4. Pet Food
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Glycerol Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Feed Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Glycerol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Glycerol Market: Market Share Analysis
14.2. Food Glycerol Distributors and Customers
14.3. Food Glycerol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. P&G Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Oleon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KLK OLEO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Emery Oleochemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IOI Oleochemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Musim MAS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dow Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wilmar International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pacific Oleochemicals Sdn
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vance Bioenergy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cargill
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PT SOCI MAS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Vantage Oleochemicals
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Godrej Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hangzhou Oleochemicals
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Qingyuan Futai
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Cambridge Olein
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shuangma Chemical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
