Food Grade Propylene Glycol - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Food Grade Propylene Glycol - Market Size
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.

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Food Grade Propylene Glycol - Market
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Food Grade Propylene Glycol, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

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Company Profiles:
• Dow
• Repsol
• Froggys Fog
• ADM
• Ecochem
• Univar Solutions
• Hydratech
• Quick Smart Products
• Propylene Glycol
• Nelson-Jameso
• National Refrigerants, Inc. (NRI)
• Hawkins
• Finar

Segment by Type:
• Mono Propylene Glycol
• Dipropylene Glycol
• Tripropylene Glycol

by Application
• Flavors and Fragrances
• Humectant and Stabilizer
• Other

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