United States Glycerol Monolaurate (GML) Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.2 Billion by 2030, growing at a CAGR of 10.0% from 2024 to 2030.
The US Glycerol Monolaurate (GML) market is experiencing significant growth, driven by its wide range of applications across multiple industries. GML, a derivative of glycerol and lauric acid, is primarily used for its antimicrobial and antiviral properties. This versatile compound plays a crucial role in food, pharmaceuticals, cosmetics, and personal care industries, making it an essential component in a variety of formulations.
The demand for GML has surged as industries seek more natural and effective alternatives to chemical-based preservatives. In the food and beverage sector, GML is widely used as a food preservative and emulsifier. Its ability to inhibit the growth of harmful bacteria and fungi while maintaining the freshness and quality of products is a key driver of its popularity. Moreover, as consumers continue to demand cleaner and more natural ingredients, GML's appeal as a safe and effective option has only grown.
In the pharmaceutical industry, GML is gaining traction due to its potential health benefits. Researchers are increasingly exploring its ability to enhance the bioavailability of drugs and its role in fighting infections. GML is also utilized in drug delivery systems, where its emulsifying properties allow for better absorption and efficiency. This makes it an attractive ingredient for pharmaceutical companies looking to improve the efficacy of their products.
The personal care and cosmetics industry also rely on GML for its soothing and moisturizing properties. It is often used in lotions, creams, and shampoos to improve skin and hair health. As consumers become more focused on skin care solutions that are both effective and non-toxic, the demand for GML-based products continues to rise.
In addition, GML is making its way into the animal feed industry, where it serves as a natural antimicrobial agent to improve the health and growth of livestock. The use of GML in animal husbandry aligns with the growing trend towards sustainable and health-conscious farming practices.
Overall, the US Glycerol Monolaurate (GML) market is poised for continued growth as it fulfills the increasing demand for safer, more effective ingredients across various industries. The versatility and broad application of GML make it a key player in the modern marketplace, with demand expected to rise as more sectors recognize its benefits.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Glycerol Monolaurate (GML) Market
Cosmetics and Personal Care
Food and Beverages
Pharmaceuticals
Industrial Applications
Animal Feed
Liquid Formulations
Powder Formulations
Emulsions
Suspensions
Foams
Plant-derived GML
Synthetic GML
Small and Medium Enterprises (SMEs)
Large Enterprises
Research Institutions
Online Retail
Offline Retail
Direct Sales
Distributors and Wholesalers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Glycerol Monolaurate (GML) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Glycerol Monolaurate (GML) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Glycerol Monolaurate (GML) Market, By Type
6. US Glycerol Monolaurate (GML) Market, By Application
7. US Glycerol Monolaurate (GML) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Glycerol Monolaurate (GML) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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