PUBLISHER: Lucintel | PRODUCT CODE: 1523260
PUBLISHER: Lucintel | PRODUCT CODE: 1523260
Glycerol Monostearate Trends and Forecast
The future of the global glycerol monostearate market looks promising with opportunities in the food & beverage, cosmetic, and pharmaceutical markets. The global glycerol monostearate market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are growing demand for bio-based emulsifiers and expanding demand for this substrate in various sectors, such as personal care & cosmetics, food & beverages, and pharmaceuticals.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Glycerol Monostearate by Segment
The study includes a forecast for the global glycerol monostearate by application, end use, and region.
List of Glycerol Monostearate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies glycerol monostearate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the glycerol monostearate companies profiled in this report include-
Glycerol Monostearate Market Insights
Lucintel forecasts that emulsifier is expected to witness the highest growth over the forecast period due to its growing application in the cosmetics and food and beverage industries.
Within this market, pharmaceutical is expected to witness the highest growth due to increasing usage of glycerol monostearate in tablet formulations as a lubricant and solubilizer.
APAC will remain the largest region over the forecast period due to substantial demand for glycerol monostearate in various end use industries, such as pharmaceuticals, textiles, and paints & coatings in the region.
Features of the Global Glycerol Monostearate Market
Market Size Estimates: Glycerol monostearate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Glycerol monostearate market size by application, end use, and region in terms of value ($B).
Regional Analysis: Glycerol monostearate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the glycerol monostearate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the glycerol monostearate market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the glycerol monostearate market size?
Answer: The global glycerol monostearate market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for glycerol monostearate market?
Answer: The global glycerol monostearate market is expected to grow with a CAGR of 3.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the glycerol monostearate market?
Answer: The major drivers for this market are growing demand for bio-based emulsifiers and expanding demand for this substrate in various sectors, such as personal care & cosmetics, food & beverages, and pharmaceuticals.
Q4. What are the major segments for glycerol monostearate market?
Answer: The future of the glycerol monostearate market looks promising with opportunities in the food & beverage, cosmetic, and pharmaceutical markets.
Q5. Who are the key glycerol monostearate market companies?
Answer: Some of the key glycerol monostearate companies are as follows:
Q6. Which glycerol monostearate market segment will be the largest in future?
Answer: Lucintel forecasts that emulsifier is expected to witness the highest growth over the forecast period due to its growing application in the cosmetics and food and beverage industries.
Q7. In glycerol monostearate market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to substantial demand for glycerol monostearate in various end use industries, such as pharmaceuticals, textiles, and paints & coatings in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.