The Global Polyglycerol Polyricinoleate Market Report is a compilation of comprehensive research studies of various aspects of the Polyglycerol Polyricinoleate Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Polyglycerol Polyricinoleate market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Polyglycerol Polyricinoleate market and how they will evolve in the years to come.
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Global polyglycerol polyricinoleate market was valued at US$ 803.52 million in 2022 and is expected to reach US$ 1,255.86 million by 2030, growing at an estimated CAGR of 5.19% over the forecast period.. Key Players: Croda International Plc, DPO International, Ervesa, Estelle Chemicals Pvt. Ltd, Fine Organics, Hefei TNJ Chemical Industry Co.,Ltd., Oleon NV, Palsgaard, Savannah Surfactants, Univar Inc amongst others.
Polyglycerol polyricinoleate is an emulsifier made from glycerol and fatty acids. The major application of emulsifiers is in the chocolate industry. The major use of polyglycerol polyricinoleate is that it acts as a viscosity modifier and thus improves the physical properties of the molten chocolate. PGPR (Polyglycerol Polyricinoleate) in chocolate has its ability to limit fat bloom, which are light-colored blemishes found on chocolate.
Increasing demand for additives in the food industry is a major factor driving the growth of the market. It is mainly due to the growing demand for packaged food and beverages in the regions. Another major factor which drives the growth of the market is the application of emulsifying and skin conditioning agent in cosmetics products. Emulsifiers have wide application in creams and lotions to mix water with oils. Since water and oil cannot be mixed, an additional agent (emulsifier) is essential to form a homogenous mixture keeping water and oil together.
The major factor that restrains the growth of the market is the complex manufacturing process of polyglycerol polyricinoleate which involved chemical reaction and high operating temperatures along with long reaction times. It affects the decoloration and create odour problems and hence restricts the growth of the market. High quantity of polygylcerol polycricinoleate may cause severe body conditions like liver enlargement. These aspects hinders the overall growth of the market.
Europe held the largest share of 31.8% in 2018 owing to the changing perception of customers towards processed foods, which causes increasing demand for food additives in the market thus, resulting in the increased demand for polyglycerol polyricinoleate market.
Global Polyglycerol Polyricinoleate Market:
- By Channel
- By Application
- Oils and Fats
- Personal Care Products
- By End Users
- Small and Medium Sized Enterprises
- Large Enterprises
- By Geography
- North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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