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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 Oleo chemicals
• 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 Oleo chemicals
• 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?
For any questions related to Food Grade Glycerin Market, Food Grade Glycerin Market Size, Food Grade Glycerin Market Growth, Food Grade Glycerin Market Analysis, Food Grade Glycerin Market Report, Food Grade Glycerin Market Share, Food Grade Glycerin Market Trends, Food Grade Glycerin Market Forecast, Food Grade Glycerin Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Food Grade Glycerin Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Food Grade Glycerin Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Food Grade Glycerin Market by Source
3.3.1: Synthetic
3.3.2: Soaps
3.3.3: Biodiesel
3.3.4: Vegetable Oils
3.4: Global Food Grade Glycerin Market by Process
3.4.1: Fat Splitting
3.4.2: Saponification
3.4.3: Transesterification
3.5: Global Food Grade Glycerin Market by Grade
3.5.1: Pharmaceutical Grade
3.5.2: Technical Grade
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Food Grade Glycerin Market by Region
4.2: North American Food Grade Glycerin Market
4.2.1: North American Food Grade Glycerin Market by Process: Fat Splitting, Saponification, and Transesterification
4.2.2: North American Food Grade Glycerin Market by Grade: Pharmaceutical Grade and Technical Grade
4.3: European Food Grade Glycerin Market
4.3.1: European Food Grade Glycerin Market by Process: Fat Splitting, Saponification, and Transesterification
4.3.2: European Food Grade Glycerin Market by Grade: Pharmaceutical Grade and Technical Grade
4.4: APAC Food Grade Glycerin Market
4.4.1: APAC Food Grade Glycerin Market by Process: Fat Splitting, Saponification, and Transesterification
4.4.2: APAC Food Grade Glycerin Market by Grade: Pharmaceutical Grade and Technical Grade
4.5: ROW Food Grade Glycerin Market
4.5.1: ROW Food Grade Glycerin Market by Process: Fat Splitting, Saponification, and Transesterification
4.5.2: ROW Food Grade Glycerin Market by Grade: Pharmaceutical Grade and Technical Grade
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Food Grade Glycerin Market by Source
6.1.2: Growth Opportunities for the Global Food Grade Glycerin Market by Process
6.1.3: Growth Opportunities for the Global Food Grade Glycerin Market by Grade
6.1.4: Growth Opportunities for the Global Food Grade Glycerin Market by Region
6.2: Emerging Trends in the Global Food Grade Glycerin Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Food Grade Glycerin Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Food Grade Glycerin Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Wilmar International
7.2: Cargill
7.3: Ioi Oleo chemicals
7.4: Emery Oleo chemicals
7.5: Godrej Industries
7.6: Kuala Lumpur Kepong Berhad
7.7: Pandg Chemicals
7.8: Kao
7.9: Avril
7.10: The Dow Chemical Company
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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