Glycerol Market Share Soaring: In-Depth Analysis and Forecast 2030
Glycerol, a versatile and non-toxic substance, continues to witness increasing demand across various industries due to its wide-ranging applications. Considered Generally Recognized as Safe (GRAS) by the US Food and Drug Administration (FDA), glycerol has become a key component in the food industry, finding use as a humectant, sweetener, and solvent in a variety of products including confectionary, processed fruits, dairy, canned foods, fondants, and energy bars.
Read More Insights: https://www.fairfieldmarketresearch.com/report/glycerol-market
Glycerol’s Key Highlights:
- Food Industry Growth: Glycerol’s role in preparing low-fat foods and as a thickening agent in liqueurs is expected to boost its demand in the food industry.
- Bio-Based Boom: The production of biodiesel, a biofuel, has led to an abundant supply of glycerol, a by-product of biodiesel production, making it a low-cost and non-toxic solution for various applications.
- Polyphenol Extraction: Glycerol-based Deep Eutectic Solvents (DES) have shown promise in extracting bioactive substances like alkaloids and terpenoids, opening new growth opportunities.
- Skin Health: Glycerol’s skin health promoting properties are being harnessed to create lotions and creams for treating conditions like psoriasis.
- Asia Pacific Potential: The Asia Pacific region, known for manufacturing in various industries, is expected to showcase high growth potential for glycerol usage, particularly in food, pharmaceuticals, cosmetics, and chemicals.
Companies operating in the glycerol market, including BASF SE, Cargill Incorporated, Wilmar International Ltd., and others, can anticipate a steady stream of opportunities in this dynamic and expanding sector.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 – By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/glycerol-market
Visit Our Blogs:
https://hackmd.io/@E4v1isUnROG4-prBVaQQGw/r1bT7iYC3
About Us
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
Contact
Fairfield Market Research
London, UK
UK +44 (0)20 30025888
USA (Toll-free) +1 (844) 3829746
Web: https://www.fairfieldmarketresearch.com/
Email: sales@fairfieldmarketresearch.com
This press release first seen on Brilad
