Tue, 01 Dec 2020

Players in the food grade glycerin market are focusing on boosting production of hand sanitizers, to satiate the hiked demand of consumers.

DUBAI, UAE / ACCESSWIRE / November 12, 2020 / The food grade glycerin market is slated to exceed a multi-billion dollar estimation in 2020, and is projected to grow at a sturdy pace throughout the forecast period, 2020-2030. Widespread application all over pharmaceuticals to production of creams, lubricants and ointments is boosting the market growth.

'Leading players are looking to aim emerging economies to capture a broader consumer based and increase revenue prospects,' states the FMI analyst.

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Food Grade Glycerin Market- Important Highlights

  • South & East Asia will emerge as lucrative regions due to flourishing pharmaceutical, food & beverages, personal care and healthcare sectors.
  • Biodiesel glycerin is anticipated to gains traction as around 70% of worldwide crude glycerin is sourced from biodiesel sector.
  • Processed foods is anticipated to be the fastest growing segment due to increasing demand for clean-label foods.

Food Grade Glycerin Market - Drivers

  • Organic food grade glycerin is gaining notable traction due to increased awareness concerning the advantages of consuming naturally sourced products.
  • Halal and kosher-grade glycerin are further gaining significant popularity encouraging the market growth.
  • Suring demand for hand sanitizer owing to the change in consumers behavior amid COVID-19 is positively impacting the global market.

Food Grade Glycerin Market - Restraints

  • Strict food regulations by FDA might hamper growth throughout the forecast period.

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Coronavirus Impact on Food Grade Glycerin Market

The global market for food grade glycerin has foreseen a slight slowing down on the onset of the pandemic, on the back of worldwide shutdowns. However, FMI in its reports states that the market growth will eventually pick up its pace with customers shifting towards uptake of instant foods that necessitates preservatives.

Furthermore, increased production of hand sanitizers to battle the infection spread has ensued in growing glycerin sales in recent months, thus boosting sales of food grade glycerin, globally.

Competitive Landscape

Key players identified in the global food grade glycerin market include Wilmar International Ltd., IOI Oleochemicals, Emery Oleochemicals, P&G Chemicals, Croda International PLC, Avril Group, KAO Corporation, Cremer Oleo GmbH & Co KG, The DOW Chemical Company (Olin Corporation), Vitusa Products Inc., PT Smart TBK, Twin Rivers Technologies Inc., PT Bakrie Sumatera Plantations TBK, Sakamoto Yakuhin Kogyo Co Ltd. and Pacific Oleochemicals Sdn Bhd.

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About the Study

The study offers readers a comprehensive assessment of the food grade glycerin market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights according to source (vegetable oils, biodiesel, soap & others (synthetic, etc.)) and end-use (bakery, confectionery, beverages, dairy products, processed foods and others) , across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Scenario Assessment of the Impact of COVID-19 on Food Grade Glycerin Market

3.1. Current Scenario/ Immediate Actions

3.2. Market Scenario and the Forward Path

3.2.1. Global Food Grade Glycerin Market Forecast Scenario Comparison of Annual Growth Rates for short Term (2020-2023) and Long Term (2024-2030) Optimistic Scenario China US Euro Zone Asia Pacific Rest of the World Likely Scenario China US Euro Zone Asia Pacific Rest of the World Pessimistic Scenario China US Euro Zone Asia Pacific Rest of the World

3.3. Key Factors Impacting the Market

3.4. Case Studies- Lessons from the companies that survived & thrived in the last recession

4. Key Market Trends

4.1. Key Trends Impacting the Market

4.2. Product Innovation / Development Trends

5. Key Success Factors

5.1. Product Adoption / Usage Analysis

5.2. Product USPs / Features

5.3. Strategic Promotional Strategies

6. Market Background

6.1. Macro-Economic Factors

6.1.1. Rise in Consumption of Food Items across globe

6.1.2. Global and Regional Per Capita Food Consumption (kcal per capita per day)

6.1.3. Food and Beverage Industry Overview

6.1.4. Bakery Industry Overview

6.1.5. Chocolate/Confectionery Industry Overview

6.1.6. Dairy Industry Overview

6.1.7. Per Capita Disposable Income

6.1.8. Global GDP Growth Outlook

6.2. Forecast Factors - Relevance & Impact

6.3. Value Chain

6.3.1. List of Key Manufacturers/ List of Distributors

6.3.2. List of End Users

6.3.3. Operating Margins

6.3.4. Notes on Value Added at Each Node in the Value Chain

6.4. Market Dynamics

6.4.1. Drivers

6.4.2. Restraints

6.4.3. Opportunity Analysis

Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-12724

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About Future Market Insights

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.


Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Report: https://www.futuremarketinsights.com/reports/food-grade-glycerin-market
Press Release Source: https://www.futuremarketinsights.com/press-release/food-grade-glycerin-market

SOURCE: Future Market Insights

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