Polyglycerol Ester Market

Polyglycerol Esters Market Outlook (2024 to 2034)

The global polyglycerol esters market was valued at US$ 592.5 million in 2024 and has been forecasted to expand at a noteworthy CAGR of 7.4% to end up at US$ 1,205.4 Million by 2034.

Polyglycerol esters are a class of compounds that have been produced through the esterification of polyglycerol with fatty acids. Versatile emulsifiers and stabilizers, these find application in foods, cosmetics, pharmaceuticals, and industrial use to enhance texture, consistency, and dispersion.

They can be produced both through natural sources such as vegetable oils and synthetic routes. Polyglycerol esters are considered performance enhancers relative to conventional emulsifiers; therefore, most clean-label formulations use this.

Rising demand from the food industry regarding natural additives along with safer alternatives are believed to fuel this market further and increasing health-related benefits and support of governing bodies towards a non-toxic ingredient set is expected.

For instance, on August 2024, a leading player in the food ingredient industry, Foodchem, announced its involvement in FISA 2024, in São Paulo, Brazil. Company booth D-95 explores their latest innovation in food ingredient solutions. Such an event leads to increasing product presence in numerous regions.

Report Attributes	Details
Global Polyglycerol Esters Market Size (2023A)	US$ 551.9 Million
Estimated Market Value (2024E)	US$ 592.5 Million
Forecasted Market Value (2034F)	US$ 1,205.4 Million
Global Market Growth Rate (2024-2034)	7.4% CAGR
North America Market Share (2024)	27.7%
U.S. Market Growth Rate (2024-2034)	7.8% CAGR
Key Companies Profiled	ABITEC; ATAMAN KIMYA; BASF SE; Compass Foods Pte Ltd.; Estelle Chemicals Pvt. Ltd.; Evonik Industries AG; Foodchem International Corporation; Guangzhou Cardlo biotechnology Co.,LTD; Henan Chemsino Industry Co.,Ltd; Lonza; NIHON EMULSION Co., Ltd.; Olean NV; Qingdao HuaYi Biological Technology Co., LTD.; Sakamoto Yakuhin Kogyo Co., Ltd; Others Key Players

Historic Analysis (2019 to 2023) and Future (2024 to 2034) Pathway Analysis for the Global Polyglycerol Esters Market

The market for Global Polyglycerol Esters grew at a growth rate of 6.7% from 2019 to 2023, and by the end of 2023, it was valued at US$ 551.9 million. This period saw a consistent upward trend in consumer preference for natural emulsifiers.

Historical Report Attributes	Details
Market Size (2019A)	US$ 418.2 million
Market Size (2023A)	US$ 551.9 million
Historical CAGR (2019 to 2023)	6.7%
Forecasted CAGR (2024 to 2034)	7.4%

• Short Term (2024 to 2028): Short-term growth for the polyglycerol ester market is primarily due to the rise in demand across the food, pharmaceuticals, and cosmetics sectors. The largest impetus will be through plant-based and environmentally friendly alternatives. Increased consumer interest in clean-label products and natural ingredients will impact manufacturers to pursue a sustainable solution in order to make sure that this market keeps its strong growth trend. The thrust upon non-GMO and organic certificates will further accelerate the adoption of polyglycerol esters.
• Medium Term (2028 to 2030): Over the medium term, the demand for polyglycerol ester will also be driven by the increasing usage of sustainable and clean-label formulations in various sectors. The increased demand for environment-friendly and biodegradable emulsifiers would be more due to the requirement of manufacturers toward stricter regulatory standards and consumer demand for transparency in source ingredients. This will be met by key markets through increased regulation compliance to the health and safety regulations, leading to increased demand for these natural emulsifiers.
• Long Term (2030 to 2034): The long-term growth of the polyglycerol ester market is expected to be driven by the intensification of environmental and health issues around the world. High demand for emulsifiers from food, pharmaceuticals, and cosmetics sectors which are non-toxic and biodegradable will further expand the application portfolio of polyglycerol esters. Consumers will increasingly demand that product and services ensure sustainability along with wellness.

On the back of the aforementioned facts, the Global Polyglycerol Esters is anticipated to grow at a CAGR of 7.4% during the forecast period from 2024 to 2034, according to the Fact.MR, a market research and competitive intelligence provider.

Market Dynamics

What are the Factors Propelling Global Sales of Global Polyglycerol Esters?

“Health-conscious Consumer Trends”

Consumers are much more aware of what goes into the products they use daily than were in the past. Growing concerns about harmful chemicals and additives have pushed people towards natural, non-toxic ingredients, particularly in food, cosmetics, and pharmaceuticals. This movement towards cleaner, more sustainable products is driving an upsurge in demand for polyglycerol esters.

These natural source emulsifiers respond to the trend by being healthier and safer when compared with synthetic additives. As consumers' concerns about transparency and health consciousness have increased, polyglycerol esters are becoming more popular and are being used in an increasing number of formula applications, including skincare, packaged foods, and medicine, where the recent push for natural ingredients is a major factor.

“Environmental Sustainability”

Consumers and industries in the past couple of years, have begun focusing more on sustainability. Consumers, as well as companies, now look for environmental-friendly alternatives instead of using toxic chemicals as usual. The Polyglycerol esters from renewable plant-based resources can help in these kinds of industries from food to personal care.

Unlike many synthetic emulsifiers, polyglycerol esters are biodegradable, which leaves them with a relatively small ecological footprint. That makes them an almost unbeatable tool for companies wishing to align their products with rising sustainability standards and appeal to environmentally concerned consumers.

What are the Challenges Encountered by Manufacturers of Polyglycerol Esters?

“High cost compared to synthetic emulsifiers.”

The cost of raw materials and processes is one challenge manufacturers face, especially when compared to the rest. Polyglycerol esters, naturally sourced, could be costlier to produce compared to synthetic emulsifiers, thus creating significant barriers to use, especially where markets are extremely price-sensitive despite growing demand for clean-label products.

Country-wise Insights

Why is Adoption of Polyglycerol Esters High in the United States?

“Rising demand from consumers for healthier, cleaner-label food ingredients are expected to drive the market in United States (U.S.)”

The market in the United States is estimated at US$ 108.6 million in 2024 and is projected to expand at a CAGR of 7.8% through 2034. This market is projected to generate a US$ 122.1 Million absolute opportunities from 2024 to 2034.

The U.S. market is a strong performer due to rising demand from consumers for healthier, cleaner-label food ingredients. Regulatory support to natural additives, as well as a broader tendency to minimize the use of chemical-based food additives, are the other drivers. The growth prospects for polyglycerol esters should continue to be quite strong as the U.S. food and beverage industry leans more toward plant-based, non-toxic emulsifiers.

Why is China a Lucrative Market for Polyglycerol Esters?

“Clean-label products and government support for health-conscious formulations.”

The market in the China is estimated to reach US$ 165.3 million in 2034 at a CAGR of 7.6%. This market is projected to generate a US$ 86.1 Million absolute opportunities from 2024 to 2034.

China is emerging to be a great force in the international polyglycerol ester market. In the coming industrialization age, the needs of foodstuffs, cosmetic formulations, and drugs in the China market increase market opportunities with respect to the utilization of natural emulsifiers. Clean labels, government initiative on healthy formulations are contributing to healthy uptake in this market, thereby emerging as very promising for suppliers.

Category-wise Insights

What makes polyglycerol esters an effective emulsifying agent?

“Polyglycerol esters are excellent emulsifying agents because they can reduce the surface tension between immiscible liquids, such as oil and water”

Excellent emulsifying agents, polyglycerol esters can reduce surface tension between immiscible liquids like oil and water. This characteristic enables the development of stable emulsions that render these agents of immense value in food, cosmetics, and pharmaceutical applications. In food products, like salad dressings and margarine, they prevent separation by stabilizing the oil-water interface.

In cosmetic formulations, they help distribute uniformly the ingredients; thus, these products, creams, and lotions, come out with smooth texture and feel. Their nontoxic properties and resistance to a wide temperature range make them more useful emulsifying agents that provide constant quality and performance in different compositions.

Which formulation type of polyglycerol esters is preferred for use in the food industry?

“Over the forecast period, liquid segment is projected to register a robust growth rate”

The liquid form of polyglycerol esters is projected to register a CAGR of 8.4% during the forecast period and anticipated to reach a market valuation of US$ 380.9 Million by 2034-end.

The liquid form of polyglycerol esters is the most commonly used in the food industry. This is mainly because of its better capacity to blend with other liquid foodstuffs without disturbing their texture and stability. Liquid polyglycerol esters are versatile, easy to handle, and suitable for emulsification, which is necessary in salad dressings, sauces, and beverages.

This form also enables a more accurate dosage, ensuring that the food products have uniform consistency. Though solid and powdered formulations are useful in specific cosmetic or pharmaceutical products, the liquid form is still the most preferred for food manufacturers, which corresponds to the demand of the industry for easy-to-use, high-performance emulsifiers

Competitive Landscape

Key players in the polyglycerol esters market are ABITEC, ATAMAN KIMYA, BASF SE, Compass Foods Pte Ltd., Estelle Chemicals Pvt. Ltd., Evonik Industries AG, Foodchem International Corporation, Guangzhou Cardlo biotechnology Co.LTD, Henan Chemsino Industry Co.Ltd, Lonza, NIHON EMULSION Co.Ltd., Oleon NV, Qingdao HuaYi Biological Technology Co.LTD., Sakamoto Yakuhin Kogyo Co.Ltd.

Companies devote a significant portion of their revenue to R&D to resolve problems and offer creative solutions to draw in new customers and stay competitive. Companies are developing customized offerings for issues that meet industry-specific needs to compete with other players.

• On September 2024, Evonik has formally opened its new production plant for cosmetic emollients at its site in Steinau. Manufactured via enzymatic process, these esters are involved in the double-digit million-euro plant which will augment Evonik's strong increases in production capacity as it faces growing customer demand for sustainable cosmetic emollients. This investment supports the reduction of Evonik's climate footprint and that of the cosmetic products of its customers.
• On Jun 2023, HUAYI BIO-TECH has high-quality Polyglyceryl-10 laurate in supply. Caprylic/Capric Glycerides Polyglyceryl-10 Esters function as emulsifiers in cosmetic product formulations. Emulsifiers balance the mixture between oil and water, so this can be mixed suitably. The property is mainly useful in creams and lotions and emulsion-based goods.

Fact.MR has provided detailed information about the price points of key manufacturers of polyglycerol esters positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of polyglycerol esters Industry Research

• By Color :

  • Light Yellow
  • Amber
  • Light Tan
  • Brown

• By Functionality :

  • Emulsifying Agent
  • Dispersing Agent
  • Stabilizing Agent
  • Lubricant

• By Formulation :

  • Solid
  • Liquid
  • Powdered

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa