Global Glyceryl Monostearate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Glyceryl Monostearate is a known white powder with no scent that dissolves well in fats and oils; this feature contributes to its distinct advantages in the market space. Mainly utilized as a food enhancer in the sector it plays a crucial role, in the creation of baked goods margarine spreads and ice cream varieties.
Market Key Insights
- The Glyceryl Monostearate market is projected to grow from $348.3 million in 2024 to $725 million in 2034. This represents a CAGR of 7.6%, reflecting rising demand across Food Industry, Cosmetics & Personal Care and Pharmaceutical Formulations.
- BASF SE, Croda International Plc, Alpha Chemicals Pvt Ltd are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Glyceryl Monostearate market and are expected to observe the growth CAGR of 4.9% to 7.3% between 2024 and 2030.
- Emerging markets including Indonesia, Philippines and Vietnam are expected to observe highest growth with CAGR ranging between 8.7% to 10.5%.
- Transition like Emphasis on Green Production is expected to add $51.6 million to the Glyceryl Monostearate market growth by 2030
- The Glyceryl Monostearate market is set to add $376 million between 2024 and 2034, with manufacturer targeting Cosmetic & Pharmaceutical Application projected to gain a larger market share.
- With Surge in demand for bio-based emulsifiers, and Booming personal care industry, Glyceryl Monostearate market to expand 108% between 2024 and 2034.
Opportunities in the Glyceryl Monostearate
Opportunities, for collaboration exist in forms ranging from tablets to ointments.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
Asia-Pacific Outlook
Market Dynamics and Supply Chain
Driver: Surge in Demand for Bio-based Emulsifiers, and Innovation in Food Industry
The personal care industry is also growing quickly. Glycery Monostearate is also becoming more popular in skincare products for its ability to enhance texture in skincare and beauty items, like haircare and makeup products as well. This shift is also likely to persist because consumers favor high quality products that deliver formulation and performance enhancements.
Restraint: Regulatory Challenges
Opportunity: Technological Advancements in Food Processing and Leveraging Untapped Cosmetic Sector
The expanding beauty industry offers an opportunity for Glycery1 Monostearate to shine brightly· Rising markets in the Asia Pacific region are experiencing significant growth in the demand for personal care and beauty items· Known for its emulsifying abilities Glycery1 Monostearate can play a vital role, in formulating creams lotions foundation makeup and skincare products·.
Challenge: Price Volatility
Supply Chain Landscape
Cargill Incorporated
Emery Oleochemicals
BASF SE
Wilmar International
AAK AB
Estelle Chemicals
Cosmetics
Food and Beverage
Pharmaceutical
Cargill Incorporated
Emery Oleochemicals
BASF SE
Wilmar International
AAK AB
Estelle Chemicals
Cosmetics
Food and Beverage
Pharmaceutical