Polyglycerol Market To Grow US$ 3.7 Billion by 2027 | CAGR of 8.67%

SHERIDAN, WYOMING, UNITED STATES, November 17, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Polyglycerol Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global polyglycerol market size reached US$ 2.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2027, exhibiting a growth rate (CAGR) of 8.67% during 2022-2027. Polyglycerol refers to renewable and eco-friendly inter-molecular glycerol ethers that are derived from plant and vegetable derivatives. It is widely used as a thickener, addictive, solubilizer and spreading agent in the food and beverages sector. Polyglycerol also forms an essential ingredient in the formulation of numerous cosmetics, such as emulsifiers and conditioning products.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Global Polyglycerol Market Trends:

The global market is primarily driven by the significant growth in the food and beverages sector. This is supported by the rising preference for natural and healthy ingredients in the preparation of numerous dishes. Moreover, the increasing utilization of polyglycerol derivatives as drug carriers in the pharmaceuticals sector is creating a positive outlook for the market. Furthermore, the shifting preference toward the adoption of skincare and personal care products with natural ingredients is also providing a boost to the demand for polyglycerol across the globe. Some of the other factors contributing to the market growth include rapid urbanization and the inflating disposable income of the masses.

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Global Polyglycerol Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

• Cargill Incorporated
• Croda International Plc
• DuPont de Nemours Inc
• Lonza Group AG
• Palsgaard A/S
• Riken Vitamin Co. Ltd.
• Sakamoto Yakuhin kogyo Co. Ltd
• Savannah Surfactants
• Spiga Nord S.p.A.
• Stepan Company
• The Good Scents Company
• The Procter & Gamble Company

Breakup by Product:

• PG-2
• PG-3
• PG-4
• PG-6
• PG-10

Breakup by Application:

• Food and Beverage
• Pharmaceuticals
• Personal Care
• Others

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Services Private Limited
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