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.
Browse full report by Grand View
Research : 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
Browse more reports of this category by Grand View
Research: 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
o U.S.
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o India
·
Latin America
o Brazil
·
Middle East & Africa
View press
release of this research report by Grand View Research: 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.
No comments:
Post a Comment