Polyglycerol is a polymer composed of multiple glycerol units linked by ether bonds, commonly used as an emulsifier, stabilizer, and thickening agent in various industries. In food processing, particularly in baked goods and confectioneries, it helps blend oil and water, improving texture, consistency, and shelf life. By creating stable emulsions, polyglycerol enhances the quality and appeal of products such as cakes, cookies, and chocolates. Its non-toxic and biodegradable nature makes it a preferred ingredient for food manufacturers aiming to maintain high standards.
Global Polyglycerol Market is projected to reach USD 3,485.47 million by 2029 and will grow at a CAGR of 5.4% during the forecast period of 2022-2029.
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Below are the Top Polyglycerol companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Merck KGaA
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Merck KGaA, a leading science and technology company, operates in the healthcare, life science, and performance materials sectors. In the polyglycerol market, Merck provides high-quality polyglycerol products for use in pharmaceuticals, cosmetics, and food industries, leveraging its extensive research and development capabilities to offer innovative and sustainable solutions.
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Europe, Middle East and Africa, North America, South America, and Asia-Pacific
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In July 2022, The Life Science business of Merck KGaA, a leading science and technology company, added 2.25 megawatts to the grid with 7,000 solar panels at its Sheboygan, Wisconsin, U.S. site. The project is part of a 30-year land leasing agreement with We Energies, the region's electric service company.
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2.
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DSM
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DSM is a global science-based company active in health, nutrition, and sustainable living. In the polyglycerol market, DSM focuses on supplying polyglycerol esters that serve as emulsifiers and stabilizers in food and beverage applications, emphasizing sustainability and improving nutritional quality through advanced biochemical processes.
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Emulsifiers
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Europe, Middle East and Africa, South America, North America, and Asia-Pacific
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In 2023, DSM and Firmenich merged, which helped the company to become the leading creation and innovation partner in nutrition, beauty, and well-being. This merger will leverage world-class science and complementary fragrance, taste, texture, and nutrition capabilities.
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3.
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Croda International Plc
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Croda International Plc is a specialty chemicals company that produces and markets high-performance ingredients and technologies. In the polyglycerol market, Croda offers a range of polyglycerol products, particularly for personal care and industrial applications, where they enhance emulsification, stability, and texture, while supporting the company's commitment to sustainability and innovation.
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Europe, Middle East and Africa, South America, North America, and Asia-Pacific
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In June 2022, Croda International Plc’s Consumer Care division won two awards in two categories at the Detex 2022 Awards. This has enhanced the company’s image in the market.
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4.
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Oleon NV
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Oleon NV, part of the Avril Group, specializes in converting natural fats and oils into oleochemical products. In the polyglycerol market, Oleon produces biodegradable polyglycerol esters that are used as emulsifiers and stabilizers in various applications, including food, cosmetics, and industrial products, promoting eco-friendly and efficient solutions.
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Europe, North America, and Asia
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In July 2022, Oleon signed a land acquisition agreement with Central Spectrum. It was an important milestone for Oleon's continued growth in Malaysia. This will enhance the company's growth and expand its facilities.
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5.
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International Flavors & Fragrances Inc.
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International Flavors & Fragrances Inc. (IFF) is a major player in the creation of flavors, fragrances, and cosmetic actives. In the polyglycerol market, IFF provides innovative polyglycerol-based ingredients that enhance the sensory qualities of food and personal care products, leveraging its expertise in biotechnology and sustainability to meet consumer demands for quality and environmentally conscious products.
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Europe, North America, South America, Middle East and Africa, and Asia-Pacific
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In September 2022, International Flavors & Fragrances Inc.’s Chief Executive Officer Frank Clyburn participated in a fireside chat at the Barclays Global Consumer Staples Conference. This will help the company showcase its products to large end-user industries.
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Conclusion
The polyglycerol market is significantly influenced by major companies such as Merck KGaA, DSM, Croda International Plc, Oleon NV, and International Flavors & Fragrances Inc. Each of these industry leaders contributes uniquely, offering high-quality polyglycerol products tailored for diverse applications in food, cosmetics, pharmaceuticals, and industrial sectors. Their focus on innovation, sustainability, and improving product quality drives the market forward, meeting consumer demands for effective and eco-friendly solutions. Collectively, these companies enhance the versatility and appeal of polyglycerol, solidifying its importance across various industries.
