Press release
Polyglycerates Market Insights & Development Forecast during 2018 to 2028
Polyglycerates are widely used across the food and beverage industry. Due to their wide roles such as emulsifier, thickener, preservative, etc. their demand in the food industry is rising constantly. In the fast-growing modern world, the consumption of packaged and processed food is growing, due to which there is growth in the food and beverage industry’s production, which in turn boosts the growth of the market for polyglycerates. With the rise in the number of certified companies, there is constant research and development activities been carried out in the food and beverage industry, which is expected to drive the growth of the polyglycerate market in the future. Polyglycerates are also used in the personal care and cosmetic industry due to their emollient and de-fatting properties. The growing awareness regarding personal care and self-consciousness across the globe has increased the demand for personal care and cosmetic products, which is expected to drive the growth of the polyglycerates market. However, emergence of Ayurveda-based industries for personal care, food and beverage products is expected to dent the growth of the polyglycerate market.
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The pharmaceuticals and food and beverage industries is growing in countries such as China and India due to the increasing population and cheap labor, owing to which these countries are expected to be the prominent markets for polyglycerates. SEA and Rest of APAC along with Latin America and Africa are expected to show moderate growth in the food and beverage industry, owing to which these regions are expected to be steady growing markets for polyglycerates. The MEA is expected to have lucrative growth in the market, owing to growing cosmetics and personal care industry.
Examples of some of the key participants in the polyglycerates market are: Quadra Chemicals, Bunge Loders Croklaan, Venus Ethoxyethers Pvt. Ltd., Matangi Industries, Vantage Specialty Chemicals, EWG, KOWA India Pvt. Ltd. etc.
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