The Global Glycerol Monostearate Emulsifiers Market, valued at approximately USD 1.75 billion in 2023, is set to expand at a CAGR of 6.2% over the forecast period from 2024 to 2032. Glycerol Monostearate (GMS) emulsifiers play a crucial role in various industries due to their superior stabilizing, thickening, and emulsifying properties. The food sector, in particular, is witnessing an upsurge in demand for clean-label and natural emulsifiers, thereby propelling the market forward. The increased consumer inclination towards processed and convenience foods, coupled with stringent food safety regulations, is further accelerating the demand for glycerol monostearate emulsifiers.
The expansion of the food and beverage industry, combined with rising consumer preferences for products with extended shelf life, is expected to drive substantial market growth. Additionally, the pharmaceutical and personal care industries are integrating GMS emulsifiers into their formulations to enhance texture, stability, and efficacy. The increased awareness regarding functional ingredients and their role in improving product consistency is fostering innovation in emulsifier applications. Moreover, technological advancements in manufacturing processes have enabled improved efficiency, further strengthening the market landscape.
With rising health concerns and clean-label trends, manufacturers are shifting towards natural emulsifiers derived from plant-based sources, reinforcing the adoption of glycerol monostearate in organic and minimally processed food products. However, challenges such as high production costs and stringent regulatory approvals may restrain market expansion to some extent. Despite these hurdles, the evolving food industry, coupled with increased research and development efforts to enhance emulsifier effectiveness, is anticipated to create lucrative growth opportunities for market players.
From a regional perspective, North America and Europe continue to dominate the Global Glycerol Monostearate Emulsifiers Market, primarily due to the well-established food and beverage industry and stringent regulatory frameworks supporting clean-label ingredients. The United States and Germany are at the forefront of this demand, with manufacturers increasingly focusing on developing sustainable and innovative emulsification solutions. Meanwhile, the Asia-Pacific region is expected to witness the highest growth rate, driven by rapid urbanization, increasing disposable income, and expanding food processing industries in countries like China, India, and Japan.
The market's competitive landscape is characterized by mergers & acquisitions, new product launches, and collaborations, as companies strive to gain a competitive edge. Leading industry players are heavily investing in research and development to improve the functionality and efficiency of glycerol monostearate emulsifiers. The increasing penetration of e-commerce platforms is also enabling manufacturers to expand their global footprint and cater to a wider consumer base, further amplifying market growth.
Major Market Players Included in This Report:
• Kerry Group
• Archer Daniels Midland Company
• Cargill, Incorporated
• BASF SE
• DuPont Nutrition & Biosciences
• Koninklijke DSM N.V.
• Corbion NV
• Lonza Group AG
• Evonik Industries AG
• Palsgaard A/S
• Stepan Company
• Riken Vitamin Co., Ltd.
• Gujarat Ambuja Exports Limited
• Croda International Plc
• Lecico GmbH
The Detailed Segments and Sub-Segments of the Market Are Explained Below:
By Purity:
• <90%
• 90%
By Application:
• Emulsifier
• Thickener
• Preservative
By End-Use:
• Food & Beverages
• Pharmaceuticals
• Personal Care & Cosmetics
• Others
By Region:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America:
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years Considered for the Study:
• Historical Year: 2022, 2023
• Base Year: 2023
• Forecast Period: 2024-2032
Key Takeaways:
• Market Estimates & Forecast spanning 10 years from 2022 to 2032.
• Annualized revenue projections with regional-level analysis for each market segment.
• Comprehensive insights into the geographical landscape, including country-level analysis.
• Competitive landscape with information on major players and strategic developments.
• Analysis of industry trends, growth factors, and regulatory frameworks impacting the market.
• Recommendations for future market approaches based on key business strategies.
• Evaluation of demand-side and supply-side trends shaping industry dynamics.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook