The global Distilled Monoglycerides market is expected to reach a market valuation of US$ 1,269 million by 2033, recording a CAGR of 3.4% from 2023 to 2033.
The term distilled monoglyceride (DMG) refers to triglycerides as well as monoglycerides that have undergone molecular distillation during their synthesis and concentration. The viscous liquid known as distilled monoglyceride is flavorless, odorless, and colorless. It consists of a single fatty acid joined to a molecule of glycerol. DMG is used as a thickener, stabilizer, and emulsifier in the food business. It is also employed in the production of polymers and pharmaceuticals. This is carried out because monoglycerides are considered to be significantly more effective emulsifiers than diglycerides.
Attribute | Details |
---|---|
Distilled Monoglycerides Market Size (2023E) | US$ 908 million |
Distilled Monoglycerides Market Projected Size (2033F) | US$ 1,269 million |
Value CAGR (2023 to 2033) | 3.4% |
Top 3 Countries Marketing Share | 71% |
A high-quality and effective food emulsifier is distilled monoglyceride (DMG-90). Emulsification, distribution, and stabilization are its three main purposes. Food, medicine, plastic, packaging, cosmetics, and other products have all used it. By using molecular distillation, high-purity monoglyceride concentrates can be created quickly. Unsaturated fatty acid monoglycerides are significantly more active in a water absorption test than saturated fatty acid monoesters.
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Market Statistics | Details |
---|---|
Jan–Jun (H1), 2021 (A) | 3.1% |
Jul–Dec (H2), 2021 (A) | 3.2% |
Jan–Jun (H1),2022 Projected (P) | 3.6% |
Jan–Jun (H1),2022 Outlook (O) | 3.4% |
Jul–Dec (H2), 2022 Projected (P) | 3.8% |
Jul–Dec (H2), 2022 Outlook (O) | 3.7% |
Jan–Jun (H1), 2023 Projected (P) | 3.6% |
Due to the rising demand for convenience foods and increased knowledge of the advantages of employing DMG in food processing, the worldwide DMG market is anticipated to keep expanding. Use of plant-based DMG derived from palm oil, soybean, and sunflower is on the rise along with the desire for clean label and natural additives. Furthermore, there is an increasing demand for DMG that is non-GMO, organic, and devoid of hazardous ingredients as customers continue to look for better and more sustainable food options. As a result, businesses are spending money on R&D to create environmentally friendly and sustainable production methods for DMG.
Animal feed uses distilled monoglycerides (DMG) as an emulsifier and surfactant to enhance the feed's quality and nutritional content. Both ruminant and non-ruminant animal feed formulas utilize DMG. DMG is used as a feed emulsifier in non-ruminant animal feed formulations to increase the consistency and stability of the meal. DMG is also utilized as a surfactant to improve animals' ability to absorb other nutrients and fat-soluble vitamins. The feed's flowability and dustiness can both be improved with DMG.
Over the years, the market for distilled monoglycerides (DMG) in the US has expanded substantially. The market is primarily driven by the rising demand for bakery goods and processed food items, both of which heavily rely on DMG as a dough conditioner and emulsifier. The US DMG market is expanding due in part to the rising demand for convenience foods as well as the expanding use of DMG in the pharmaceutical sector. The expansion of the DMG market in the US is projected to be fueled by expanding DMG awareness and rising consumer desire for natural and organic food products.
One of the main end-users of DMG is the food and beverage sector. The demand for processed foods and beverages has grown as the middle-class population in China keeps expanding, which in turn has boosted the price of DMG. Premium food and beverage items are more in demand due to rising disposable incomes among Chinese customers, and these products frequently call for the usage of DMG as an emulsifier or stabilizer. Since the Chinese government tightened its restrictions on the use of food additives, demand for natural and clean-label substances like DMG has skyrocketed.
One of the biggest markets in Europe for distilled monoglycerides (DMG) is in Germany. Germany is known for having a robust food processing industry, and over time, more and more food products have started to call for DMG as an emulsifier and stabilizer. The market for DMG in Germany is anticipated to develop as a result of the trend toward natural and clean label ingredients.
It is also anticipated that the rising use of plant-based DMG derived from palm, soybean, and sunflower oils will aid in the market's expansion in the nation. Additional restrictions on the use of food additives by the German government have boosted the demand for natural and clean-label substances like DMG.
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Lubricants are used in the plastics industry to lower friction and enhance the flow characteristics of the plastic material during processing. In some plastics processing operations like extrusion and injection molding, DMG can be employed as a lubricant. In order to keep plastic products from clinging to molds or other processing machinery, DMG can also be used as a release agent. The manufacturing of thermoplastic elastomers (TPEs) and other polymeric products can also use DMG as a processing aid. In the plastic matrix, DMG can aid in enhancing the dispersion of fillers and other additives, which may result in improved mechanical qualities and processing effectiveness.
In the food and beverage business, distilled monoglycerides (DMG) are frequently employed as emulsifiers, stabilizers, and preservatives. DMG is a common ingredient in a variety of foods, including baked goods, dairy goods, beverages, processed meats, and more. DMG can lessen ice crystal formation, minimize component separation, and enhance the texture, appearance, and shelf life of food goods. DMG is used in the bakery sector to increase the volume and texture of baked goods as well as their shelf life. DMG is frequently used to enhance the texture and avoid staling in bread, cakes, and other baked goods.
Distilled Monoglycerides market is only slightly fragmented. The major market players are concentrating on expansion tactics like mergers and acquisitions and extending their distribution networks to increase their market position. The manufacturers in the market used a variety of competitive methods, including product releases, free-from claims, and organic and natural origin claims.
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ million for Value and Metric Ton for Volume |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; and the Middle East and Africa |
Key Countries Covered | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
Key Segments Covered | Type, End Use, Source, Physical Form and Region |
Key Companies Profiled |
Danisco; Kerry; Riken Vitamin; Palsgaard; Corbion; Kevin Food; BASF; Guangzhou Cardlo Biochemical; Kao Chemicals; Guangzhou Jialishi Food; Wilmar International; ZTCC; Hangzhou Fuchun Food Additive |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The Distilled Monoglycerides Market is valued at US$ 908 million for 2023.
The Distilled Monoglycerides Market valuation is expected to be US$ 1,269 million in the year 2023.
The value of CAGR for the Distilled Monoglycerides Market is estimated to be 3.4%.
The plastics segment would garner a significant market value share by 2023.
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