Market Overview:
The global glycerin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for glycerin from various end-use industries such as food and beverages, pharmaceuticals, cosmetics, and industrial applications. In terms of volume, the food and beverages segment is projected to account for the largest share of the global glycerin market during the forecast period. This can be attributed to the growing demand for processed foods and beverages across regions.
Product Definition:
Glycerin is a sweet, colorless, viscous liquid that is slightly soluble in water and highly soluble in alcohol. It is produced commercially from propylene glycol, the product of the reaction of propylene oxide with water.
Technical grade glycerin:
Technical grade glycerin is a colorless, odorless liquid that is produced as a by-product in the manufacturing of biodiesel. It can be used as an additive to diesel or petrol and has approximately 30% less water than regular glycerin. The product also has more bio-based content than conventional glycerine which makes it suitable for food applications such as confectionery & bakery products, dairy products and personal care products like soaps & shampoos.
USP grade glycerin:
USP grade glycerin is a colorless, odorless, water-soluble liquid that is extracted from vegetable oils. It has the ability to withstand high temperatures and thus can be used in pharmaceuticals and personal care products. It also acts as an excellent humectant (it retains moisture) which makes it suitable for use in skin lotions or creams among other cosmetic or medical applications.
Application Insights:
Food and beverages was the largest application segment in 2017, accounting for over 55% of the global market. Glycerin is used as a food additive to improve texture, shelf life and preserve foodstuffs. It is also used in several functional foods owing to its ability to act as a carrier for vitamins, minerals and other nutrients. The product has an important role in bakery products due to its moisture-binding properties that prevent bread from becoming dry or crusty. In addition, it plays an essential role as a preservative that helps maintain nutritional value along with taste of baked goods such as cakes, cookies etc., which will drive demand over the forecast period.
Glycerin acts as humectants by attracting moisture from air which enables it keep products like fruits fresh.
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 technical grade glycerin from industries including food and beverage, pharmaceutical, and cosmetics. In North America, technical grade glycerin is mostly used as a food additive while USP grade glycerin finds application in industrial applications such as paints and coatings, printing ink, adhesives/lacquers/sealants etc.
Asia Pacific accounted for a significant share of global revenue in 2017 owing to rapid industrialization coupled with increasing consumer disposable income levels across emerging economies including China and India.
Growth Factors:
- Increasing demand for personal care products: The global glycerin market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for personal care products. Glycerin is used as an ingredient in various personal care products such as skin creams, lotions, shampoos, and soaps.
- Rising demand from the food and beverage industry: The food and beverage industry is one of the major consumers of glycerin. It is used as an additive in various processed foods and beverages to improve their taste and texture. The global glycerin market is expected to grow at a CAGR of 6% from 2017 to 2025 due to the rising demand from this sector.
- 5 billion by 2021 , registering a CAGR of 6%.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glycerin Market Research Report
By Type
Technical grade glycerin, USP grade glycerin
By Application
Food and Beverages, Pharmaceutical, Cosmetics, Industrial, Others
By Companies
P&G Chemicals, Emery Oleochemicals, Cargill, Archer Daniels Midland, Vantage Oleochemicals, VVF, PMC Biogenix, Twin Rivers Technologies, LDCAI, Peter Cremer North America, Owensboro Grain
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Glycerin Market Report Segments:
The global Glycerin market is segmented on the basis of:
Types
Technical grade glycerin, USP grade glycerin
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
Food and Beverages, Pharmaceutical, Cosmetics, Industrial, 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
- Emery Oleochemicals
- Cargill
- Archer Daniels Midland
- Vantage Oleochemicals
- VVF
- PMC Biogenix
- Twin Rivers Technologies
- LDCAI
- Peter Cremer North America
- Owensboro Grain
Highlights of The Glycerin 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:
- Technical grade glycerin
- USP grade glycerin
- By Application:
- Food and Beverages
- Pharmaceutical
- Cosmetics
- Industrial
- 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 Glycerin 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?
Glycerin is a natural, colorless, viscous liquid that is derived from plant sources. It has a sweet taste and is used as a food additive or solvent. Glycerin can be found in foods such as ice cream, cake batter, yogurt and soup.
Some of the key players operating in the glycerin market are P&G Chemicals, Emery Oleochemicals, Cargill, Archer Daniels Midland, Vantage Oleochemicals, VVF, PMC Biogenix, Twin Rivers Technologies, LDCAI, Peter Cremer North America, Owensboro Grain.
The glycerin market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glycerin 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. Glycerin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glycerin Market - Supply Chain
4.5. Global Glycerin Market Forecast
4.5.1. Glycerin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glycerin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glycerin Market Absolute $ Opportunity
5. Global Glycerin 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. Glycerin Market Size and Volume Forecast by Type
5.3.1. Technical grade glycerin
5.3.2. USP grade glycerin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glycerin 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. Glycerin Market Size and Volume Forecast by Application
6.3.1. Food and Beverages
6.3.2. Pharmaceutical
6.3.3. Cosmetics
6.3.4. Industrial
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glycerin 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. Glycerin 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 Glycerin 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. Glycerin 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 Glycerin Demand Share Forecast, 2019-2026
9. North America Glycerin 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 Glycerin 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 Glycerin Market Size and Volume Forecast by Application
9.4.1. Food and Beverages
9.4.2. Pharmaceutical
9.4.3. Cosmetics
9.4.4. Industrial
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 Glycerin Market Size and Volume Forecast by Type
9.7.1. Technical grade glycerin
9.7.2. USP grade glycerin
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 Glycerin Demand Share Forecast, 2019-2026
10. Latin America Glycerin 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 Glycerin 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 Glycerin Market Size and Volume Forecast by Application
10.4.1. Food and Beverages
10.4.2. Pharmaceutical
10.4.3. Cosmetics
10.4.4. Industrial
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 Glycerin Market Size and Volume Forecast by Type
10.7.1. Technical grade glycerin
10.7.2. USP grade glycerin
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 Glycerin Demand Share Forecast, 2019-2026
11. Europe Glycerin 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 Glycerin 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 Glycerin Market Size and Volume Forecast by Application
11.4.1. Food and Beverages
11.4.2. Pharmaceutical
11.4.3. Cosmetics
11.4.4. Industrial
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 Glycerin Market Size and Volume Forecast by Type
11.7.1. Technical grade glycerin
11.7.2. USP grade glycerin
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 Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glycerin Demand Share, 2019-2026
12. Asia Pacific Glycerin 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 Glycerin 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 Glycerin Market Size and Volume Forecast by Application
12.4.1. Food and Beverages
12.4.2. Pharmaceutical
12.4.3. Cosmetics
12.4.4. Industrial
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 Glycerin Market Size and Volume Forecast by Type
12.7.1. Technical grade glycerin
12.7.2. USP grade glycerin
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 Glycerin Demand Share, 2019-2026
13. Middle East & Africa Glycerin 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 Glycerin 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 Glycerin Market Size and Volume Forecast by Application
13.4.1. Food and Beverages
13.4.2. Pharmaceutical
13.4.3. Cosmetics
13.4.4. Industrial
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 Glycerin Market Size and Volume Forecast by Type
13.7.1. Technical grade glycerin
13.7.2. USP grade glycerin
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 Glycerin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glycerin Market: Market Share Analysis
14.2. Glycerin Distributors and Customers
14.3. Glycerin 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. Emery Oleochemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cargill
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Archer Daniels Midland
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vantage 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. VVF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PMC Biogenix
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Twin Rivers Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LDCAI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Peter Cremer North America
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Owensboro Grain
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
