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Global Polygylcerol Polycricinoleate Market: Drivers and Restraints
With shifting food trends among consumers, demand for versatile food ingredient is increasing among manufacturer,s so as to enhance the functionality of food products. Thus, fuelling the demand for Polygylcerol polycricinoleate market. Polygylcerol polycricinoleate is predominantly used as stable emulsifying agent with low viscosity. Hence, preferred in baking industry and in manufacturing of low-fat spread products. However, its major application is chocolate industry. The adequate flow and water-in-oil emulsion properties of polygylcerol polycricinoleate contributes in improving the texture and tolerance to thickening effect of the chocolate during manufacturing process. Moreover, it is cost effective ingredient as compared to cocca butter, thereby, drawing interest among manufacturers. Hence, propelling the growth of polygylcerol polycricinoleate market. Apart from food & beverage industry, polygylcerol polycricinoleate is also used as emsulfying and skin conditioning agent in cosmetics products. Another prominent characteristics of polygylcerol polycricinoleate is the ability to limit the fat bloom thereby, leading to abundant use in the production of low fat spreads. Hence, its widespread application and versatile characteristics, is expected to fuel the growth of polygylcerol polycricinoleate market.
However, the chemical manufacturing process of polygylcerol polycricinoleate involves high operating temperatures along with long reaction times. Thus adversely affecting the final product quality leading to decoloration and odour problems. Thus, hampering the adoption of polygylcerol polycricinoleate among manufacturers and inhibiting its market growth. Moreover, the permissible limit of the polygylcerol polycricinoleate intake recommended by FDA is to 7.5 milligrams per kilogram of body weight, if consumed beyond the limit may cause liver enlargement. Hence, usage beyond permissible limit by manufacturers and limited knowledge among consumers may hamper the growth of polygylcerol polycricinoleate market.
Global Polygylcerol PolycricinoleateMarket: Region wise Outlook
The global polygylcerol polycricinoleatemarket is categorised into seven regions, namely, Western Europe, Eastern Europe Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Japan, Latin America and, North America. North America accounts for largest share of polygylcerol polycricinoleate market. As consumers are drifting towards processed food, demand for food additives have been increased in the food industry. Thereby propelling the polygylcerol polycricinoleate market. Europe is expected to hold a significant share of the market. Asia Pacific represents an opportunistic region for polygylcerol polycricinoleate market. As, it offers cost effective manufacturing facilities and increased inclination of manufacturers towards cost-effective substitute for expensive ingredients, thereby spurring the polygylcerol polycricinoleate market growth.
Global Polygylcerol PolycricinoleateMarket: Key Players
Some of the prominent players identified in the global polygylcerol polycricinoleate market includes:
- Ter Hell & Co. Gmbh
- DuPont Nutrition & Health
- Palsgaard A/S
- The Hershey Company
- Estelle Chemicals Pvt. Ltd.
- Croda International Plc
- Sigma-Aldrich Co. LLC.
- DPO International Sdn. Bhd.
- Univar Inc.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
- Eastern Europe (Russia, Poland)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
On the basis of industry, polygylcerol polycricinoleate market is segmented into:-
- Food & Beverage
- Chocolate
- Confectionery fillings
- Low fat spreads
- Fats & Oils
- Personal Care
On the basis of source, polygylcerol polycricinoleate market is segmented into:-
- Halal
- Vegan
- Organic
- Synthetic
On the basis of application, polygylcerol polycricinoleate market is segmented into:-
- Emulsifying agent
- Filling agent
- Thickening agent
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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