Global Info Research announces the release of the report “Global Food and Pharmaceutical Grade Propylene Glycol Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030” . This report provides a detailed overview of the market scenario, including a thorough analysis of the market size, sales quantity, average price, revenue, gross margin and market share.The report provides an in-depth analysis of the competitive landscape, manufacturer’s profiles,regional and national market dynamics, and the opportunities and challenge that the market may be exposed to in the near future. Global Food and Pharmaceutical Grade Propylene Glycol market research report is a comprehensive analysis of the current market trends, future prospects, and other pivotal factors that drive the market.
According to our (Global Info Research) latest study, the global Food and Pharmaceutical Grade Propylene Glycol market size was valued at USD 1146.1 million in 2023 and is forecast to a readjusted size of USD 1389.1 million by 2030 with a CAGR of 2.8% during review period.The European authorities responsible for consumer health have approved the use of propylene glycol with food:
In direct food contact regulated by EC Regulation No 1333/2008 on food additives: Propane-1,2-diol (propylene glycol USP/EP) is listed as an approved food additive in Annexes II+III under E1520. Propylene Glycol USP/EP meets the purity criteria for E1520 (propane- 1,2-diol) included Annexes II and III to in EC Regulation No 2012/231, laying down specifications for food additives in Annexes II and III to Regulation No 1333/2008.
In indirect food contact covered by EU Regulation 10/2011 and amendments) relating to plastic materials and articles intended to come into contact with food, such as packaging material.
Propylene Glycol (PG) USP/EP is a pharmaceutical grade of propylene glycols (PG or MPG) with a specified purity greater than 99.8%.
The key manufacturers of Food and Pharmaceutical Grade Propylene Glycol include Dow, Lyondell Basell, SKC, Shell, ADM, BASF, Repsol, etc. Dow is the world's largest player, with a market share of about 38%.
Europe and the United States are the world's top two markets, accounting for about 23% and 22% of the world market respectively.
Food and Pharmaceutical Grade Propylene Glycol is made by two main methods: Hydration and Transesterification.
In terms of application, it is used in food and beverage, cosmetics and personal care, pharmaceuticals, and other downstream industries.
Cosmetics and personal care industry is the most widely used, accounting for more than 50% of all downstream industries. The next is the food and beverage industry, accounting for about 33%.
The Global Info Research report includes an overview of the development of the Food and Pharmaceutical Grade Propylene Glycol industry chain, the market status of Food and Beverage (Hydration, Transesterification), Cosmetics and Personal Care (Hydration, Transesterification), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Food and Pharmaceutical Grade Propylene Glycol.
Regionally, the report analyzes the Food and Pharmaceutical Grade Propylene Glycol markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Food and Pharmaceutical Grade Propylene Glycol market, with robust domestic demand, supportive policies, and a strong manufacturing base.
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Market Segmentation
Food and Pharmaceutical Grade Propylene Glycol market is split by Type and by Application. For the period 2019-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Food and Pharmaceutical Grade Propylene Glycol market is split by Type and by Application. For the period 2019-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type: Hydration、Transesterification、Biosynthesis
Market segment by Application:Food and Beverage、Cosmetics and Personal Care、Pharmaceuticals、Other
Major players covered: Dow、Lyondell Basell、Indorama(Huntsman)、ADM、INEOS、BASF、Repsol、SKC、Shell、CNOOC and Shell Petrochemicals、Haike Xinyuan
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Food and Pharmaceutical Grade Propylene Glycol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Food and Pharmaceutical Grade Propylene Glycol, with price, sales, revenue and global market share of Food and Pharmaceutical Grade Propylene Glycol from 2019 to 2024.
Chapter 3, the Food and Pharmaceutical Grade Propylene Glycol competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Food and Pharmaceutical Grade Propylene Glycol breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Food and Pharmaceutical Grade Propylene Glycol market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Food and Pharmaceutical Grade Propylene Glycol.
Chapter 14 and 15, to describe Food and Pharmaceutical Grade Propylene Glycol sales channel, distributors, customers, research findings and conclusion.
Our Market Research Advantages：
Global Perspective: Our research team has a strong understanding of the company in the global Food and Pharmaceutical Grade Propylene Glycol market.Which offers pragmatic data to the company.
Aim And Strategy: Accelerate your business integration, provide professional market strategic plans, and promote the rapid development of enterprises.
Innovative Analytics: We have the most comprehensive database of resources , provide the largest market segments and business information.
About Us:
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provide market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
Contact Us:
Global Info Research
Web: https://www.globalinforesearch.com
CN: 0086-176 6505 2062
HK: 00852-58030175
US: 001-347 966 1888
Email: report@globalinforesearch.com
Our Market Research Advantages：
Global Perspective: Our research team has a strong understanding of the company in the global Food and Pharmaceutical Grade Propylene Glycol market.Which offers pragmatic data to the company.
Aim And Strategy: Accelerate your business integration, provide professional market strategic plans, and promote the rapid development of enterprises.
Innovative Analytics: We have the most comprehensive database of resources , provide the largest market segments and business information.
About Us:
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provide market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
Contact Us:
Global Info Research
Web: https://www.globalinforesearch.com
CN: 0086-176 6505 2062
HK: 00852-58030175
US: 001-347 966 1888
Email: report@globalinforesearch.com
