Polyglycerol Market size was valued at USD 2.35 billion in 2024 and is expected to cross USD 6.61 billion by the end of 2037, expanding at more than 8.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of polyglycerol is estimated at USD 2.51 billion.
The growth of the market can be attributed to the increasing export volume for polyglycerol esters of fatty acids (PEFA) (E475) as well as its use in various industries such as food and cosmetics. The global export value for PEFA (E475) in 2021 was USD 43,837,884 thousand, up from USD 38,010,778 thousand in 2020, with an annual growth value of 16% from 2020-2021.
Polyglycerol is one of the polymeric condensation products of glycerol. It is typically produced from natural glycerol, a substance derived from vegetable oils. Polyglycerol is the raw material for food additives and cosmetics, acting as a moisture-retaining agent and thickener for cosmetics. Furthermore, polyglycerol esters of fatty acids (PEFA) (E 475) have been widely used as a food additive. The mean and 95th percentile levels of daily exposure to PEFA utilized as a food additive in children were, respectively, 2.6 and 6.4 mg/kg BW in the non-brand loyal scenario. Global polyglycerol market trends such as higher utilization of polyglycerol as an alternate energy source in the feed of poultry, ruminants, and pigs, and research, are further expected to influence the market’s growth positively over the forecast period. This utilization is also spurred by the escalated consumption of poultry meat globally. As of 2022, approximately 4000 metric tons of poultry meat were solely consumed in India.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?