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Global Food Glycerine Market InsightFebruary 11, 2022 Comments
The Food Glycerine is forecast to smooth over the next few years. According to the WK-chem Research “Global Food Glycerine Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the food and drinks industry，the Food Glycerine industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 6.20%.
“The use of Food Glycerine technology in the manufacture and use of low calorie lecithin is expected to provide various opportunities for market growth, Senior analyst, Chemical & Material Market Research Center in WK-chem.” It is expected that during the forecast period, the food and drinks industry will dominate the global Food Glycerine market.”
Food grade glycerin has high applications in the foods & beverage industry as a low-calorie source of lecithin because of its extensive functional benefits. It helps in reducing the viscosity, replaces more expensive ingredients, controls sugar crystallization, helps in the homogeneous mixing of ingredients and most importantly improves shelf life of products. The increasing number of diabetic patients globally is expected to further push manufacture of food products for the usage of glycerin.
This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Food Glycerine companys that include Emery Oleochemicals、Ioi Oleochemicals、Wilmar International Ltd.、Kuala Lumpur Kepong Berhad、Godrej Industries .etc.
Segmentation of Food Glycerine Market:
From the source, food grade glycerin can be divided into vegetable oil, biodiesel, soap and others. The biodiesel segment is expected to dominate the global market in terms of revenue in the near future owing to the growing interest in biodiesel fuels from renewable resources such as vegetable oils, waste cooking oils. Segment by Application: Food Preservatives, Sweeteners and Humectants. The large-scale food production industry’s reliance on preservatives has led to its largest market. Preservatives, which prevent spoilage caused by microorganisms and prolong food shelf life, are expected to account for the largest growth rate in the next few years.
Food Glycerine Market: Regional Analysis
In terms of geography, the global Food Glycerine market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Currently, the Asia Pacific market is expected to hold a significant market share owing to high demand for glycerin in the pharmaceutical and healthcare industries and is expected to maintain its dominance over the forecast period. China is expected to become the largest market in the Asia Pacific region, with the growth of the food and beverage industry and rising levels of disposable income being the factors expected to drive the growth of the target market over the forecast period.
Largest share area：Asia-Pacific
Largest share country：China
Product Type：vegetable oil，biodiesel，soap
Application：Food Preservatives，Sweeteners，HumectantsLeading Company：Emery Oleochemicals、Ioi Oleochemicals、Wilmar International Ltd.、Kuala Lumpur Kepong Berhad、Godrej Industries