Product Code: GVR-4-68040-192-3
Glycerol Monostearate Emulsifiers Market Growth & Trends:
The global glycerol monostearate emulsifiers market size is anticipated to reach USD 1,081.8 million by 2030 and it is projected to grow at a CAGR of 6.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. One of the key drivers of the glycerol monostearate emulsifiers (GMS) is the rapid increase in demand from end-user industries such as personal care & cosmetics, food & beverages, pharmaceuticals and others. The growth of these industries around the world aids in the increase in consumption of GMS emulsifiers in the world.
GMS is widely utilized as an emulsifier in food products. It is commonly used as a nonionic emulsifier in various food items, with the European food additive number E471. GMS is a mixture of glycerol monostearate, glycerol distearate, and glycerol tristearate, and it finds applications in baked goods, contributing to its significant demand in the food industry. GMS is also utilized as an emulsifier in exercise formulas. It is commonly used as a hydration powder in exercise formulas, indicating its role in the sports and fitness industry. The increased demand for processed food along with a growing focus on health and wellness has increased demand for exercise formulas.
GMS emulsifiers find extensive applications in the personal care & cosmetics sector. Products such as shampoo, cream, lotions, makeup components and other cosmetics products. The growth of middle class in developing economies along with increasing disposable incomes have led to a shift towards cosmetics related products and accessories. This is coupled with the rise of social media, further fueling the urge of youthful population towards maintaining and emulating popular beauty standards.
Central & South America is an important region for the GMS emulsifiers market. Food & beverage sector in Central & South America is a major consumer of GMS as emulsifiers in various capacities. The region has seen major trends emerging in food & beverage sector including the increase in the consumption of fruit juices such as coconut water or other directly pressed juices and a growing demand for clean-label products. The demand for clean-label products has had a significant positive impact on the regional GMS market as the product is being used as a natural ingredient or additive in the manufacturing of processed foods and beverages.
Glycerol Monostearate Emulsifiers Market Report Highlights:
- Based on end-use, the food & beverages led the market with the largest revenue share of 38.9% in 2023, and also emerged as the fastest-growing segment with a CAGR of 6.9% from 2024 to 2030, due to the increasing consumption of processed foods which fuel the rise of food processing companies around the globe, using GMS emulsifiers in the production process
- North America emerged as the fastest growing region for the glycerol monostearate emulsifiers with a CAGR of 6.8% from 2024 to 2030 due to the presence of large number of personal care & cosmetics as well as food processing companies in the region, which act as major consumers of GMS emulsifiers
- Rising awareness towards exercise and wellness leading to more consumption of reduced calorie food option drives the GMS emulsifiers market, which act as a replacement for higher fat ingredients
- GMS emulsifiers derived from plant extracts align with the growing demand for eco-friendly and sustainable additives. Manufacturers have shifted towards extraction of waste glycerol obtained during biodiesel production, thereby reducing its environmental impact
- The increasing demand for GMS emulsifiers has led to major companies increasing their production capacity in order to meet the rising demand. For instance, In December 2023, Croda International Plc inaugurated a new production facility, Pastillator 4 (PSO4) located in Jurong Island, Singapore. The facility is expected to help the company meet growing demand for esters and pastille format alkoxylates. It is investing a total sum of USD 16.4 million to increase the site's total capacity to 15,000 metric tons
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Glycerol Monostearate Emulsifiers Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Glycerol Monostearate Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Distribution Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Technological Overview
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Glycerol Monostearate Emulsifiers Market: End-Use Estimates & Trend Analysis
- 4.1. End-Use Movement Analysis & Market Share, 2023 & 2030
- 4.2. Glycerol Monostearate Emulsifiers Market Estimates & Forecast, By End-Use, 2018 to 2030 (Kilo Tons) (USD Million)
- 4.3. Food & Beverages
- 4.3.1. Glycerol Monostearate Emulsifiers Market Revenue Estimates and Forecasts in Food & Beverages, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.4. Personal Care & Cosmetics
- 4.4.1. Glycerol Monostearate Emulsifiers Market Revenue Estimates and Forecasts in Personal Care & Cosmetics, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.5. Other End-Uses
- 4.5.1. Glycerol Monostearate Emulsifiers Market Revenue Estimates and Forecasts in Other End-Uses, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 5. Glycerol Monostearate Emulsifiers Market: Regional Estimates & Trend Analysis
- 5.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 5.2. North America
- 5.2.1. North America Glycerol Monostearate Emulsifiers Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.2.2. U.S.
- 5.2.2.1. Key country dynamics
- 5.2.2.2. U.S. glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.2.3. Canada
- 5.2.3.1. Key country dynamics
- 5.2.3.2. Canada glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.2.4. Mexico
- 5.2.4.1. Key country dynamics
- 5.2.4.2. Mexico glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.3. Europe
- 5.3.1. Europe Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.3.2. Germany
- 5.3.2.1. Key country dynamics
- 5.3.2.2. Germany glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.3.3. UK
- 5.3.3.1. Key country dynamics
- 5.3.3.2. UK glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.3.4. France
- 5.3.4.1. Key country dynamics
- 5.3.4.2. France glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.3.5. Italy
- 5.3.5.1. Key country dynamics
- 5.3.5.2. Italy glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.3.6. Spain
- 5.3.6.1. Key country dynamics
- 5.3.6.2. Spain glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4.2. China
- 5.4.2.1. Key country dynamics
- 5.4.2.2. China glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4.3. Japan
- 5.4.3.1. Key country dynamics
- 5.4.3.2. Japan glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4.4. India
- 5.4.4.1. Key country dynamics
- 5.4.4.2. India glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4.5. South Korea
- 5.4.5.1. Key country dynamics
- 5.4.5.2. South Korea glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5. Central & South America
- 5.5.1. Central & South America Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5.2. Brazil
- 5.5.2.1. Key country dynamics
- 5.5.2.2. Brazil glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5.3. Argentina
- 5.5.3.1. Key country dynamics
- 5.5.3.2. Argentina glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5.4. Colombia
- 5.5.4.1. Key country dynamics
- 5.5.4.2. Colombia glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6. Middle East & Africa
- 5.6.1. Middles East & Africa Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6.2. Saudi Arabia
- 5.6.2.1. Key country dynamics
- 5.6.2.2. Saudi Arabia glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6.3. South Africa
- 5.6.3.1. Key country dynamics
- 5.6.3.2. South Africa glycerol monostearate emulsifiers market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. Glycerol Monostearate Emulsifiers Market - Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Market Share/Position Analysis, 2023
- 6.4. Company Heat Map Analysis
- 6.5. Strategy Mapping
- 6.5.1. Expansion
- 6.5.2. Mergers & Acquisition
- 6.5.3. Partnerships & Collaborations
- 6.5.4. New Product Launches
- 6.5.5. Research And Development
- 6.6. Company Profiles
- 6.6.1. Croda International Plc
- 6.6.1.1. Participant's overview
- 6.6.1.2. Financial performance
- 6.6.1.3. Product benchmarking
- 6.6.1.4. Recent developments
- 6.6.2. Oleon NV
- 6.6.2.1. Participant's overview
- 6.6.2.2. Financial performance
- 6.6.2.3. Product benchmarking
- 6.6.2.4. Recent developments
- 6.6.3. Alpha Chemicals Private Limited
- 6.6.3.1. Participant's overview
- 6.6.3.2. Financial performance
- 6.6.3.3. Product benchmarking
- 6.6.3.4. Recent developments
- 6.6.4. Kao Corporation
- 6.6.4.1. Participant's overview
- 6.6.4.2. Financial performance
- 6.6.4.3. Product benchmarking
- 6.6.4.4. Recent developments
- 6.6.5. Evonik Industries AG
- 6.6.5.1. Participant's overview
- 6.6.5.2. Financial performance
- 6.6.5.3. Product benchmarking
- 6.6.5.4. Recent developments
- 6.6.6. Estelle Chemicals Pvt. Ltd.
- 6.6.6.1. Participant's overview
- 6.6.6.2. Financial performance
- 6.6.6.3. Product benchmarking
- 6.6.6.4. Recent developments
- 6.6.7. acm chemicals
- 6.6.7.1. Participant's overview
- 6.6.7.2. Financial performance
- 6.6.7.3. Product benchmarking
- 6.6.7.4. Recent developments
- 6.6.8. BASF SE
- 6.6.8.1. Participant's overview
- 6.6.8.2. Financial performance
- 6.6.8.3. Product benchmarking
- 6.6.8.4. Recent developments
- 6.6.9. Alfa Chemistry
- 6.6.9.1. Participant's overview
- 6.6.9.2. Financial performance
- 6.6.9.3. Product benchmarking
- 6.6.9.4. Recent developments
- 6.6.10. LobaChemie Pvt. Ltd.
- 6.6.10.1. Participant's overview
- 6.6.10.2. Financial performance
- 6.6.10.3. Product benchmarking
- 6.6.10.4. Recent developments
- 6.6.11. Spectrum Chemical
- 6.6.11.1. Participant's overview
- 6.6.11.2. Financial performance
- 6.6.11.3. Product benchmarking
- 6.6.11.4. Recent developments
- 6.6.12. Wilmar International Ltd
- 6.6.12.1. Participant's overview
- 6.6.12.2. Financial performance
- 6.6.12.3. Product benchmarking
- 6.6.12.4. Recent developments