The Global Food Grade Distilled Glycerin Monostearate (GMS) Market has displayed substantial growth, starting at USD 150.2 million in 2022 and is forecasted to readjust to a size of USD 259.7 million by 2029, with a remarkable Compound Annual Growth Rate (CAGR) of 8.1% during the review period. This assessment takes into account the impact of significant factors such as the COVID-19 pandemic and the Russia-Ukraine War on market dynamics.
Distilled Glycerin Monostearate (GMS), produced from natural vegetable oil and fat, serves as one of the most widely utilized food emulsifiers in the industry.
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Key Features:
Global Food Grade Distilled Glycerin Monostearate (GMS) market size and forecasts in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton) for the period 2018-2029.
Market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton) for the period 2018-2029.
Market size and forecasts by Type and Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton) for the period 2018-2029.
Market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton) for the period 2018-2023.
Primary Objectives:
Determine the total market opportunity size globally and in key countries.
Assess the growth potential for Food Grade Distilled Glycerin Monostearate (GMS).
Forecast future growth in each product and end-use market.
Evaluate competitive factors affecting the marketplace.
Key Players: This report profiles key players in the global Food Grade Distilled Glycerin Monostearate (GMS) market, considering parameters like company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Prominent companies featured in this study include DuPont, Cargill, Palsgaard, Kerry Group, Riken Vitamin, Corbion, Kao Corporation, BASF, Hangzhou Oleochemicals, Guangzhou Cardlo Biochemical technology, Kevin Food, Hangzhou Fuchun Food Additive, and Jialishi Additives, among others.
Market Segmentation:
Type: Powdered, Flaked.
Application: Bakery Products, Dairy Products, Confectionery, Meat Products, Other.
Regional Analysis:
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- South America (Brazil, Argentina, Colombia, Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East & Africa)
The Global Food Grade Distilled Glycerin Monostearate (GMS) Market’s growth is driven by the demand for natural food emulsifiers in the food industry.
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