The growth of personal care and cosmetic industry and increasing demand in pharmaceuticals is driving the global USP grade glycerin market, are expected to drive market expansion in the near future at a CAGR of 5.4% during the forecast period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global USP Grade Glycerin Market” that contains information from 2019 to 2035.

The Global USP Grade Glycerin 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 Global USP Grade Glycerin Market— include Cargill Inc, Emery Oleochemical, P&G Chemicals, Twin Rivers Technologies, Inc, Vantage Specialty Chemicals, Archer Daniels Midland, PMC BIOGENIX, Inc, Vance Group Ltd, Godrej Industries Limited, KLK Oleo, Wilmar International Limited, Olivia Oleo Pte Ltd, IOI Corporation BERHAD, Louis Dreyfus Company, Kao Corporation, Sakamoto YAKUHIN Kogyo Co. Ltd, Pt Musim Mas and among others.

Market Highlights

The Global USP Grade Glycerin Market is estimated to register a CAGR of 5.4% during the forecast period and is estimated to reach USD 1.95 Billion by 2035.

The global surge in personal care consumption is one of the key drivers for the growth of the USP Grade Glycerin (99.7%) market. The demand for hydration and skincare-focused products continues to increase due to consumer awareness about skin health, further bolstered by the growing appeal of "clean beauty" trends and natural ingredients.  As the skin care segment, in particular, grows at 6% from 2022 to 2027, USP Grade Glycerin is increasingly relied upon for its proven ability to moisturize and hydrate. 

Glycerin’s humectant properties allow it to draw moisture from the air and bind it to the skin, making it indispensable in facial moisturizers, body lotions, and serums. Furthermore, glycerin’s mildness and effectiveness make it suitable for all skin types, including sensitive and acne-prone skin, a consideration driving its widespread use in the development of new products. 

On platforms like Amazon, Skincare leads in sales, with 32% of Q2 2024’s top-selling beauty products falling into this category. With consumer interest shifting toward products that offer both functionality and safety, glycerin’s application in personal care products is poised for sustained growth, with YoY growth in skincare recorded at 8% between 2015–2019, 5% between 2019–2022 and projected 6% between 2022–2027.

Segment Analysis

The Global USP Grade Glycerin Market has been segmented based on By End Users.

Based on End Users, the Global USP Grade Glycerin (99.7%) Market is Segmented into Personal Care & Cosmetics, Food & Beverage, Pharmaceuticals & Healthcare, Chemical & Industrial, Others. The Personal Care & Cosmetics segment dominated the global market in 2024, while the Pharmaceuticals & Healthcare segment is projected to be the fastest growing segment during the forecast period.

The personal care and cosmetics sector represents one of the most prominent application areas for USP Grade Glycerin (99.7%), owing to its exceptional humectant, emollient, and solvent properties. As a naturally derived, non-toxic, and hypoallergenic compound, glycerin is extensively used in skin care, hair care, oral care, and cosmetic formulations. Its primary role in this segment is to retain moisture, improve product texture, enhance the shelf life of formulations, and support the delivery of active ingredients. USP Grade Glycerin, with its high purity and safety certification, is preferred for sensitive skin applications and is frequently included in moisturizers, face creams, cleansers, shampoos, toothpaste, and lip balms. Rising consumer preference for clean-label, plant-based, and cruelty-free ingredients has boosted the demand for vegetable-derived glycerin.

Regional Analysis

Based on the Region, the global USP Grade Glycerin is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia Pacific dominated the global market in 2024, while the Middle East & Africa is projected to be the fastest growing segment during the forecast period.

Major demand factors driving the Asia Pacific market are that APAC is the largest and fastest-growing region in the global USP Grade Glycerin market, with a dominant production and consumption base. Countries like China, India, Indonesia, Malaysia, and Thailand are both leading producers and consumers. The region benefits from abundant feedstock availability—particularly palm oil in Malaysia and Indonesia, and soy oil in China and India. A major portion of the world’s crude glycerol supply originates here, and a significant share is refined to USP standards for both domestic and export markets. 

Industrial growth, rising disposable incomes, and expanding urbanization are driving demand for glycerin in skincare, oral care, and pharmaceuticals. Additionally, India and China are rapidly expanding their drug manufacturing bases, where glycerin is used as a solvent, capsule base, and excipient. Despite the market's scale, challenges persist in terms of ensuring consistent product quality, traceability, and compliance with global standards. Environmental scrutiny over palm cultivation and growing ESG pressure have started shifting some sourcing toward sustainable palm or alternative oils. Moreover, local players face competitive pressure from multinational refiners and integrated oleochemical giants. Nonetheless, APAC remains the core driver of both volume and cost competitiveness in the global glycerin market.

Key Findings of the Study

• The Global USP Grade Glycerin Market is expected to reach USD 1.95 Billion by 2035, at a CAGR of 5.4% during the forecast period.


• The Middle East & Africa region accounted for the fastest growing in the global market.


• Based on End Users, the Personal Care & Cosmetics segment was attributed to holding the largest market in 2024.


• Cargill Inc, Emery Oleochemical, P&G Chemicals, Twin Rivers Technologies, Inc, Vantage Specialty Chemicals, Archer Daniels Midland, PMC BIOGENIX, Inc, Vance Group Ltd, Godrej Industries Limited, KLK Oleo, Wilmar International Limited, Olivia Oleo Pte Ltd, IOI Corporation BERHAD, Louis Dreyfus Company, Kao Corporation, Sakamoto YAKUHIN Kogyo Co. Ltd, Pt Musim Mas and among others are the key market players.