Polyglycerols – Natural Ingredient for Personal Care Products

Growing requirement for natural food and beverage products owing to rising health awareness among consumers is anticipated to propel demand for polyglycerol. Polyglycerols are inter-molecular glycerol esters, which can be used in food products such as cakes, chocolates, and ice creams. Increasing use of polyglycerols in other products such as pharmaceutical products and detergents can also drive the product demand in the coming years.

Cosmetics and Personal Care Sector: The Largest Product Consumer

Major application areas for polyglycerol are pharmaceuticals, personal care, and food & beverages. In 2014, personal care segment dominated other segments while accounting for 47% of overall volume. It is expected to witness a significant growth during the forecast period (from 2015 to 2022) owing to high demand for various creams and moisturizers. Moreover, rising consumer awareness regarding skincare and increasing disposable income can further impel product demand.

Considering the rising demand, most companies are offering advanced polyglycerol-based personal care products. For instance, Volition recently introduced its new product called Prismatic Luminizing Shield SPF 50 to provide protection from hazardous UV rays. The new product contains polyglyceryl-3 as an ingredient, a combination of hydroxyl groups of polyglycerol and fatty acids. Users can apply this product gently on their face around 30 minutes before sun exposure.

Market Insights

According to a recent report by Grand View Research, Inc.; the global polyglycerol market is anticipated to reach at USD 5.52 billion by 2022. Growing adoption of low-fat food items among consumers owing to rising health awareness is expected to impel growth of the market. High demand for skincare products such as creams and moisturizers due to high consumer awareness can also fuel market growth. Furthermore, growing concerns of food manufacturers regarding Non-Genetically Modified (Non-GMO) crops to save environment can foster growth of the market in the next few years.

Strict quality check procedures by governments for food products are likely to stimulate growth of polyglycerol market in the coming years. Supportive government protocols to reduce greenhouse gas emissions owing to use of petrochemicals in beverages and food can also spur market growth during the forecast period. Some of the leading companies offering polyglycerol are Procter & Gamble Co.; Unilever Holdings; Godrej Industries, Ltd.; Dow Chemical Company; and SOLVAY SA.

Click Here: https://www.grandviewresearch.com/industry-analysis/polyglycerol-market