Glycerol Monostearate Market size was estimated at USD 2.10 billion
Glycerol Monostearate Market

Glycerol Monostearate Market size was estimated at USD 2.10 billion

The global glycerol monostearate (GMS) market size was estimated at USD 2.10 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.12% from 2024 to 2031.

Glycerol Monostearate (GMS) is a fatty acid ester widely used as an emulsifier, thickening agent, anti-caking agent, and preservative in various industries such as food and beverages, pharmaceuticals, and cosmetics. With its multifunctional properties and applications, the demand for GMS has been subject to global market trends, influenced by factors such as health consciousness, regulatory standards, and technological advancements. This article aims to present a detailed analysis of the global trends in GMS demand, based on extensive research conducted across various market segments.

Top Key Players:

  • Alpha Chemicals Private Limited
  • Kao Corporation
  • Evonik Industries AG
  • ACM Chemicals
  • BASF SE

Methodology

To undertake this analysis, a comprehensive methodology was employed, involving both secondary and primary research. Secondary research encompassed a thorough review of existing literature, including industry reports, academic journals, and market analysis publications. For primary research, surveys and interviews were conducted with key stakeholders in the GMS market, including manufacturers, suppliers, end-users, and industry experts. This dual approach allowed for a holistic understanding of the current market dynamics and future projections for GMS demand.

Examine the Comprehensive Index of the Entire Research Study@ https://www.datalibraryresearch.com/market-analysis/glycerol-monostearate-market-5298

Some Key Points

  • Increased Demand in Food Industry: The research indicates a significant rise in GMS demand within the food industry. This surge is primarily attributed to the growing consumer preference for processed and convenience food products, where GMS is used to improve texture, shelf life, and moisture retention.
  • Pharmaceuticals and Cosmetics Growth: There’s also been an uptick in demand from the pharmaceutical and cosmetic sectors. In pharmaceuticals, GMS serves as an emulsifier in formulations, enhancing the bioavailability of active ingredients. The cosmetic industry utilizes GMS for its emollient properties, contributing to product stability and texture improvement.
  • Regulatory Impact: Regulatory constraints and certifications related to food safety and product formulations have played a pivotal role in shaping the GMS market. Stringent regulations in regions like Europe and North America have led to an increased demand for high-purity GMS products, compliant with food and pharmaceutical standards.
  • Market Shifts towards Green Alternatives: A notable trend is the shift towards eco-friendly and sustainable ingredients, influencing the demand for plant-based and non-GMO GMS. This consumer-driven trend is prompting manufacturers to adapt their production processes to meet these new market requirements.

Market Segmentation:

The Glycerol Monostearate Market is Segmented By Purity (<90%, and >90%), Application (Emulsifier, Thickener, Preservative and Other Application), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The market size and forecast are provided in terms of value (USD million) for the above segments.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03:?Middle East and Africa Advanced Composites Market?Landscape

Part 04: Middle East and Africa Advanced Composites Market Sizing

Part 05: Middle East and Africa Advanced Composites Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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