Polyglycerol Industry Is Projected To Grow At A CAGR Of 10.7% From 2012 To 2022
The
global polyglycerol market is expected to reach USD 5.52
billion by 2022, growing at a CAGR 10.7%, according to a new report by Grand
View Research, Inc. Growing consumption of food additives to improve properties
such as flavor, thickening, color, texture, sweetness, shelf life, nutrition
content and emulsification in finished products of nutrition industry will
propel market demand.
The European
Commission passed regulation (EC) No. 1333/2008, intended for the fortification
of additives in domestic food & beverage industries. Moreover, in May 2013,
the China government announced National Food Safety Standards (NFSSs), meant
for standardizing application, label, and specification for marketing of food
additives at domestic level. Regulatory support aimed at labeling food
additives is expected to have a positive impact on market in the near future.
Strong
demand for processed foods on account of developments in food processing and
preservation technologies like cold storage, climate control storage and
pasteurization is expected to fuel demand over the forecast period. Asia
Pacific is expected to show major growth on account of increasing processed
foods production and innovation in segments including bakery &
confectionery, dairy, oils and meat products.
Full
Research Report On Global Polyglycerol Market Analysis:
http://www.grandviewresearch.com/industry-analysis/polyglycerol-market
http://www.grandviewresearch.com/industry-analysis/polyglycerol-market
Further
key findings from the report suggest:
- Increasing demand for
cream and moisturizer owing to growing consumer awareness along with
rising disposable income is expected to augment industry growth
- Global PG2 demand in
polyglycerol is expected to grow at a CAGR of 5.3% in terms of volume
owing to Extensive use of PG-2 in the food industry as a food additive and
as an emulsifier is responsible for propelling growth over the forecast
period
- PG-6 is derived from
natural vegetable resources which makes highly compatible with natural
ingredients which has led to its increasing use in nature based sun care
and skin care products
- Global polyglycerol demand
in food and beverage is anticipated to grow at a CAGR of 6.6 % in terms of
volume due toIncreasing demand for polyglycerol esters as aerating agents
in cakes and sponge in order to improve texture, volume and whipping
ability
- In November 2015, Spiga
Nord announced that its research and development team was engaged in the
development of a new polyglycerine formulation which complies with
requirements established by Cosmos and Ecocert for raw materials used in
cosmetic formulations
- In November 2014, Lonza
Consumer Care authorized KODA Care, a division of KODA Distribution Group,
Inc., to be their exclusive distributor of hygiene and personal care
products in designated regions of North America
View more
reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/personal-care-and-cosmetics
http://www.grandviewresearch.com/industry/personal-care-and-cosmetics
Grand View Research has segmented the global polyglycerol market on the
basis of product, applications, and region:
Product Outlook
(Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
- PG2
- PG3
- PG4
- PG6
- PG10
Application Outlook
(Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
- Food
& Beverages
- Pharmaceuticals
- Personal
Care
Regional
Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)
- North
America
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- Middle
East & Africa
View press
release of this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-polyglycerol-market
http://www.grandviewresearch.com/press-release/global-polyglycerol-market
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more
information: www.grandviewresearch.com
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