Glyceryl Monooleate Market
The market for Glyceryl Monooleate was estimated at $148 million in 2024; it is anticipated to increase to $242 million by 2030, with projections indicating growth to around $366 million by 2035.
Global Glyceryl Monooleate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Glyceryl Monooleate (GMO) industry revenue is expected to be around $160.5 million in 2025 and expected to showcase growth with 8.6% CAGR between 2025 and 2034. The continued popularity of Glyceryl Monooleate in industries drives its market expansion due to its practicality and versatility in various applications. The rise in demand from consumers and its role in sectors like food production and personal care highlight its growing importance in the market. Besides being valued for its health benefits the increasing use of Glyceryl Monooleate as an emulsifier, across manufacturing industries plays a major role in boosting its market presence to unprecedented levels. The importance of this compounds stronghold in these fields and its key role as an additive highlights its ongoing relevance, in influencing market trends.
An esteemed compound known as Glyceryl Monooleate is widely appreciated for its qualities and diverse uses derived from glycerol and oleic acid combination in the food industry and pharmaceutical field alike. Its ability to emulsify and thicken makes it a valuable ingredient in food products by enhancing texture and prolonging their shelf life while playing a role, in pharmaceutical applications as a lipophilic excipient that improves drug delivery methods.
Market Key Insights
The Glyceryl Monooleate market is projected to grow from $147.8 million in 2024 to $337 million in 2034. This represents a CAGR of 8.6%, reflecting rising demand across Food Industry, Cosmetics & Personal Care, and Pharmaceutical Industry.
Croda International Plc, DuPont de Nemours Inc., and BASF SE are among the leading players in this market, shaping its competitive landscape.
U.S. and Germany are the top markets within the Glyceryl Monooleate market and are expected to observe the growth CAGR of 6.3% to 9.0% between 2024 and 2030.
Emerging markets including Malaysia, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.3% to 10.8%.
Transition like Embracing Cleanlabel Products is expected to add $24 million to the Glyceryl Monooleate market growth by 2030.
The Glyceryl Monooleate market is set to add $189 million between 2024 and 2034, with manufacturer targeting Food & Pharmaceuticals & Healthcare Application projected to gain a larger market share.
With Rising demand for glyceryl monooleate in cosmetic industry, and application of Glyceryl Monooleate in Food Industry, Glyceryl Monooleate market to expand 128% between 2024 and 2034.
Opportunities in the Glyceryl Monooleate
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Rising Demand for Glyceryl Monooleate in Cosmetic Industry, and Technological Advancements in Glyceryl Monooleate Production
Restraint: Regulatory Hurdles
Opportunity: Technological Advancements in Cosmetic Industry and Exploring Food and Beverage Industry
Challenge: Price Volatility
Supply Chain Landscape
Raw Material Sourcing
Manufacturing
Distribution & Wholesale
End Users Industry
Raw Material Sourcing
Manufacturing
Distribution & Wholesale
End Users Industry
Use Cases of Glyceryl Monooleate in Food Industry & Cosmetics & Personal Care
Recent Developments
Glyceryl Monooleate, an emulgator utilized across various industrial sectors, has been experiencing a notable change in its market dynamics. Notably, GMO has found significant acceptance in the booming skincare and cosmetics industries, a trend that is anticipated to continue into the future.