

Increasing demand for processed and convenience foods.
Excellent emulsifying and stabilizing properties enhancing texture and consistency in food products.
Regulatory approvals and adherence to safety standards boosting global market growth.
MARKET SIZE (2024):
APPROXIMATELY USD 233 MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 288.44 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 2.40% DURING THE FORECAST PERIOD.
By Type 95% Glycerol Monostearate Other By Application
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
Gradual growth fueled by expansion of the food processing industry.
Strong market supported by cleanlabel trends and regulatory compliance.
Stable growth driven by processed food demand and strict food safety standards.
Fastest-growing region due to rising consumption of packaged foods in China, India, and Southeast Asia.