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Food Glycerine Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_34823 | Date : Jan, 2023 | Pages : 192 | Region : Global

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Glycerol (also called glycerine or glycerin; see spelling differences) is a simple polyol compound. It is a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic. The glycerol backbone is found in many lipids which are known as glycerides. It is widely used in the food industry as a sweetener and humectant and in pharmaceutical formulations. Glycerol has three hydroxyl groups that are responsible for its solubility in water and its hygroscopic nature.
Asia is the dominate production region of food glycerin, the production was 283 K MT in 2018, accounting for about 45% of the total amount, followed by North America and Europe.

Leading players in food glycerin industry are Wilmar International, P&G Chemicals, Emery Oleochemicals, KLK OLEO and Vantage Oleochemicals. Wilmar International is the largest manufacturer, with the production market share of 8.8% in 2018. The top five companies occupied about 35.7% production share of the market in 2018.

More than 55% of the world\'s demand for crude glycerine comes from two regions: Europe and South-East Asia. While Europe is the biggest buyer of crude glycerine, Asia is the biggest producer and consumer of food glycerine, using approximately 47% of world\'s supply. Europe consumes 24% of food glycerine produced annually in the world and North America around 19%.

The Global Food Glycerine Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Food Glycerine Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

P&G Chemicals
Oleon
KLK OLEO
Emery Oleochemicals
IOI Oleochemicals
Musim MAS
Dow Chemical
Wilmar International
Pacific Oleochemicals Sdn
Vance Bioenergy
Cargill
PT SOCI MAS
Vantage Oleochemicals
Godrej Industries
Hangzhou Oleochemicals
Qingyuan Futai
Cambridge Olein
Shuangma Chemical

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Food Grade
Feed Grade
In Market segmentation by applications :

Juice
Wine
Meat Product
Pet Food
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Food Glycerine Market for the forecast period 2023 - 2030?
• What are the driving forces in the Food Glycerine Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Food Glycerine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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