May 2024 | Report Format: Electronic (PDF)

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.

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Glycerol Monostearate Emulsifiers Market Report

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

Glycerol Monostearate Emulsifiers Market Segmentation

Grand View Research has segmented the global glycerol monostearate emulsifiers market based on end-use, and region.

Glycerol Monostearate Emulsifiers End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018–2030)

• Food & Beverages

• Personal care & Cosmetics

• Other End-Uses

List of Key Players of Glycerol Monostearate Emulsifiers Market

• Croda International Plc

• Oleon NV

• Alpha Chemicals Private Limited

• Kao Corporation

• Evonik Industries AG

• Estelle Chemicals Pvt. Ltd.

• acm chemicals

• BASF SE

• Alfa Chemistry

• LobaChemie Pvt. Ltd.

• Spectrum Chemical

• Wilmar International Ltd