Report Details:
15 Companies Covered
111 Pages
Market Research Future (MRFR) has published a cooked research report on the “USP Grade Glycerin (99.7%) Market” that contains the information from 2019 to 2035.
The USP Grade Glycerin (99.7%) market is estimated to register a CAGR of 5.4% during the forecast period of 2025 to 2035.
MRFR recognizes the following companies as the key players in the USP Grade Glycerin (99.7%) Market— Vance Group, Godrej Industries, KLK OLEO, Wilmar International, Olivia Oleo, IOI Corporation, Louis Dreyfus Company, Kao Corporation, Sakamoto Yakuhin Kogyo, and PT Musim Mas and others.
USP Grade Glycerin (99.7%) Market Highlights
The USP Grade Glycerin (99.7%) Market is accounted for to register a CAGR of 5.4% during the forecast period and is estimated to reach USD 1,955.14 million by 2035.
The food and beverage industry presents a major growth opportunity for USP Grade Glycerin (99.7%) due to its multifunctional role as a humectant, sweetener, and solvent. With the global sweeteners market projected to reach US$207.53 billion in 2025, growing annually by 7.65% (CAGR 2025–2030), and the food preservatives market also showing consistent expansion, glycerin’s position within these segments is increasingly strategic. According to MRFR analysis, the Food Preservatives Market Size was estimated at USD 5.57 billion in 2023, expected to grow from USD 5.78 billion in 2024 to USD 8.7 billion by 2035, with a CAGR of 3.79% during the forecast period (2025–2035). These trends underscore a broad and growing demand for ingredients like glycerin that enhance food longevity and quality. Glycerin provides a natural alternative to synthetic additives and artificial preservatives, offering clean-label appeal for health-conscious consumers. It plays a critical role in the formulation of sugar-free and low-calorie products, supporting the shift towards healthier diets and lifestyle trends. As consumer demand rises for functional foods and low-glycemic index options, glycerin's utility in enhancing taste and texture while maintaining nutritional standards places it in the spotlight as a revenue-generating component in new product development.
Glycerin's value in the food industry extends far beyond sweetness. As a powerful humectant, it retains moisture in baked goods such as cakes, cookies, and pastries, significantly extending shelf life and improving product softness and mouthfeel. This is particularly critical for packaged and processed foods, which require long-term storage without compromising quality. Its solvent properties are utilized in dispersing flavors, food colorings, and other ingredients uniformly, ensuring consistency in taste and appearance across batches. In candy manufacturing, glycerin’s softening action prevents crystallization, maintaining chewiness and texture in confectionery items. Its inclusion in meat and cheese casings also contributes to texture and preservation, helping maintain freshness during transportation and retail display. These advantages collectively position glycerin as a high-demand functional ingredient.
Segment Analysis
The USP Grade Glycerin (99.7%) Market has been segmented based on End Users and Region.
The USP Grade Glycerin (99.7%) Market segmentation, based on End Users has been segmented into Personal Care & Cosmetics, Food & Beverage, Pharmaceuticals & Healthcare, Chemical & Industrial, Others. Among these, the Personal Care & Cosmetics USP Grade Glycerin (99.7%) is projected to dominate the USP Grade Glycerin (99.7%) Market revenue through the projected period.
Region Analysis
By Region, the USP Grade Glycerin (99.7%) market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific USP Grade Glycerin (99.7%) market holds considerable market share and is also forecasted to hold the largest share during the forecast period. Asia Pacific has a strong industrial database and widespread adoption across various sectors.
Key Findings of the Study
- The USP Grade Glycerin (99.7%) Market is expected to reach 1,955.14 million by 2035, at a CAGR of 5.4% during the forecast period.
- Asia Pacific accounted for the fastest-growing market.
- Based on End Users, the Personal Care & Cosmetics segment was attributed to holding the largest market in 2024.
- Vance Group, Godrej Industries, KLK OLEO, Wilmar International, Olivia Oleo, IOI Corporation, Louis Dreyfus Company, Kao Corporation, Sakamoto Yakuhin Kogyo, and PT Musim Mas and Others are the key market players.