Press release
Food Grade Propylene Glycol - Global Market Insights and Sales Trends 2024
The global Food Grade Propylene Glycol market size is expected to reach US$ 514.3 million by 2029, growing at a CAGR of 7.4% from 2023 to 2029.Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-7I9575/Global_Food_Grade_Propylene_Glycol_Market_Research_Report_2022
The market is mainly driven by the significant applications of Food Grade Propylene Glycol in various end use industries. The expanding demands from the Flavors and Fragrances, Humectant and Stabilizer and Other,, are propelling Food Grade Propylene Glycol market. Mono Propylene Glycol, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dipropylene Glycol segment is estimated at % CAGR for the next seven-year period.
Food grade can be used as a carrier solvent to dissolve food additives that are difficult to dissolve in water, such as spices, pigments, preservatives, and antioxidants, in food; It can be used as a moisturizer and softener in foods such as candy, bread, cheese, and packaged meat; Can be used as a sweetener in products such as coffee drinks, ice cream, and sugary beverages; In addition, it can also be used as a stabilizer, thickener, excipient, dough conditioner, and other food processing scenarios.
Food grade propylene glycol is widely used in various fields. Currently, some enterprises in China have the ability to produce this product on a large scale, and the overall development trend of the industry is improving.
By Type
• Mono Propylene Glycol
• Dipropylene Glycol
• Tripropylene Glycol
By Application
• Flavors and Fragrances
• Humectant and Stabilizer
Key Players
• Dow
• Repsol
• Froggys Fog
• ADM
• Ecochem
• Univar Solutions
• Hydratech
• Quick Smart Products
• Propylene Glycol
• Nelson-Jameso
• National Refrigerants, Inc. (NRI)
• Hawkins
• Finar
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-7I9575/global-food-grade-propylene-glycol
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