Monoglyceride Market Report 2025 (Global Edition)

Global Monoglyceride Market Report 2024 Market Size Split by Type Outlook: (Mono, Diglycerides), by Application Outlook: (Food, Bakery, Dairy, Confectionery, Pharmaceuticals, Personal Care Products), ...

Monoglyceride Market Report Description

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Monoglyceride Market Insights Video

Competitive Landscape of the Monoglyceride Market

Leading competitors in the fiercely competitive monoglyceride market prioritize product innovation, sustainability, and strategic alliances. Leading firms with a wide range of products and a global presence, such as BASF SE, Archer Daniels Midland Company, and Cargill, Incorporated, control the market. In order to meet changing customer preferences, emerging players have an emphasis on plant-based and clean-label monoglycerides. Regional players and other emulsifiers present fierce rivalry. Expanding into emerging areas and conducting ongoing research and development are essential tactics for staying competitive in this ever-changing economy.

In November 2024, Kerry Group plc ("Kerry Group" or "Kerry") and Kerry Cooperative Creameries Limited (the "Co-Op") reached an agreement for the sale of Kerry Dairy Holdings (Ireland) Limited ("Kerry Dairy Ireland") to the Co-Op (the "Disposal") for an estimated €500 million1. Kerry owns all of Kerry Dairy Ireland. (Source:https://www.kerry.com/about/our-company/news-and-media/2024/proposed-sale-of-kerry-dairy-ireland) In February 2022, Fytexia Group, a life science business creating active nutrients for dietary supplements with scientific backing, was purchased by ABF Ingredients (ABFI). Through this strategic acquisition, ABFI will increase its product and capability portfolio to serve better the food, pharmaceutical, and nutritional industry sectors. (Source:https://www.abfingredients.com/en/news-and-events/news/abf-ingredients-has-acquired-fytexia-group/) In January 2022, The top taste and nutrition company in the world, Kerry, formally opened a brand-new, 21,500-square-foot, state-of-the-art facility at its Jeddah location in the Kingdom of Saudi Arabia. The company has spent more than €80 million in the area in the last four years, and this new facility, Kerry's largest in the Middle East, North Africa, and Turkey (MENAT) region, is among the most advanced and effective in the world. It will create delicious, wholesome, and sustainable food ingredients that will be distributed throughout the Middle East. (Source:https://www.kerry.com/about/our-company/news-and-media/2022/kerry-group-continues-its-expansion-in-the-middle-east)

Top Companies Market Share in Monoglyceride Industry: (In no particular order of Rank)

• Danisco A/S
• BASF SE
• Corbion N.V.
• Archer Daniels Midland Company
• Kerry Group plc
• Cargill
• Incorporated
• Lonza Group Ltd.
• Stepan Company
• Croda International Plc
• ABF Ingredients
• Palsgaard A/S
• Riken Vitamin Co.
• Ltd.
• Musim Mas Holdings Pte. Ltd.
• Puratos Group
• Oleon NV
• Bunge Limited
• Wilmar International Limited
• Aarhuskarlshamn AB (AAK)
• Gattefossé SAS
• DSM Nutritional Products AG
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Monoglyceride Market

Which Region Dominates the Monoglyceride Market in 2024?

According to Cognitive Market Research, North America currently dominates the Monoglyceride market, and the region is expected to have significant growth during the projected period. The booming food and beverage, personal care, and pharmaceutical sectors in North America are expected to propel the monoglyceride market's large expansion. Changes in consumer preferences and lifestyles have led to a significant increase in the region's demand for packaged and processed goods. The increased emphasis on plant-based and clean-label products also fits perfectly with the region's health-conscious consumer base. Strong developments in the dairy, confectionery, and pastry industries further increase demand. North America's established industrial infrastructure and innovation capabilities, along with strict regulations that guarantee product quality and safety, make it a key driver of the monoglyceride market's growth.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Rapid urbanization, industrialization, and changing consumer preferences in the Asia Pacific are expected to propel significant growth in the monoglyceride market. One of the main growth drivers in the area is the rising demand for packaged and processed foods, as well as convenience meals and baked goods. Furthermore, the demand for monoglycerides as emulsifiers has increased because of the rising popularity of plant-based and health-conscious goods. The Asia Pacific region offers a substantial opportunity for monoglyceride manufacturers, especially in the food, personal care, and animal feed industries, due to its vast and growing population, rising disposable incomes, and growing adoption of Western eating habits.

The current report Scope analyzes Monoglyceride Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Monoglyceride

According to Cognitive Market Research, the global Monoglyceride market size was estimated at USD 3514.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1405.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Monoglyceride market with a market size of USD 1109.18 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. In the U.S., low-fat and low-cholesterol food items, which frequently contain monoglycerides as a component of healthier food formulations, are gaining popularity.
• The Canadian Monoglyceride market had a market share of USD 168.70 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. The increase in demand for food emulsifiers like monoglycerides, particularly in bread items, is fueled by Canada's move towards healthier and organic food options.
• The Mexico Monoglyceride market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 127.93 million in 2024.

Europe Monoglyceride

According to Cognitive Market Research, the global Monoglyceride market size was estimated at USD 3514.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1054.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

• The United Kingdom's Monoglyceride market had a market share of USD 177.13 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. The use of safe and authorized emulsifiers, such as monoglycerides, is encouraged by UK government food safety standards.
• The France Monoglyceride market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 97.00 million in 2024.
• According to Cognitive Market Research, the German Monoglyceride market size was valued at USD 208.76 million in 2024 and is projected to grow at a CAGR of 6.9% during the forecast period. The huge bakery and confectionery industries in Germany make extensive use of monoglycerides to enhance the consistency and texture of dough.
• The Italy Monoglyceride market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 90.67 million in 2024.
• The Russia Monoglyceride market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 163.42 million in 2024.
• The Spain Monoglyceride market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 86.46 million in 2024
• The Luxembourg Monoglyceride market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 32.68 million in 2024.
• The Portugal Monoglyceride market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 22.14 million in 2024.
• The Greece Monoglyceride market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 12.65 million in 2024.
• The Rest of Europe's Monoglyceride market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 163.42 million in 2024.

Asia Pacific Monoglyceride

According to Cognitive Market Research, the global Monoglyceride market size was estimated at USD 3514.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 808.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Monoglyceride market size was valued at USD 363.75 million in 2024 and is projected to grow at a CAGR of 9.7% during the forecast period. Monoglyceride surged in China due to the use of food emulsifiers like monoglycerides is growing as a result of the increased demand for packaged and processed meals, particularly in urban areas.
• The Japan Monoglyceride market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 111.55 million in 2024.
• The India Monoglyceride market had a market share of USD 97.00 million in 2024 and is projected to grow at a CAGR of 12.0% during the forecast period. In India, the demand for monoglycerides is increasing as a result of people's shifting lifestyles and growing preference for ready meals and snacks.
• The South Korean Monoglyceride market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 80.83 million in 2024.
• The Australian Monoglyceride market is projected to witness growth at a CAGR of 9.9% during the forecast period, with a market size of USD 42.03 million in 2024.
• The South East Asia Monoglyceride market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 55.78 million in 2024.
• The Rest of Asia Pacific Monoglyceride market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 57.39 million in 2024.

South America Monoglyceride

According to Cognitive Market Research, the global Monoglyceride market size was estimated at USD 3514.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 175.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Monoglyceride market size was valued at USD 75.21 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. Monoglyceride flourished in Brazil due to the need for monoglycerides in bread, cakes, and pastries is driven by Brazil's bakery industry, which is a significant consumer of food emulsifiers.
• Argentina's Monoglyceride market had a market share of USD 29.52 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. In Argentina's dairy industry, monoglycerides are used to stabilize products and enhance the texture of dairy-based goods.
• Colombia's Monoglyceride market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 15.64 million in 2024.
• Peru's Monoglyceride market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 14.41 million in 2024.
• Chile's Monoglyceride market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD 12.65 million in 2024.
• The Rest of Latin America's Monoglyceride market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 28.29 million in 2024.

Middle East and Africa Monoglyceride

According to Cognitive Market Research, the global Monoglyceride market size was estimated at USD 3514.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 70.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031..

• The GCC Countries Monoglyceride market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 30.08 million in 2024. Monoglyceride sales flourish due to the need for monoglycerides in food preparation is driven by the GCC region's burgeoning fast-food industry, especially in the United Arab Emirates and Saudi Arabia.
• The Egypt Monoglyceride market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 7.38 million in 2024.
• The South African Monoglyceride market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 11.11 million in 2024. Monoglyceride sales flourished in South Africa due to the demand for processed and convenience meals rising in South Africa due to urbanization and rising disposable incomes, which raises the requirement for monoglycerides.
• The Turkey Monoglyceride market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 6.04 million in 2024.
• The Nigeria Monoglyceride market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 7.38 million in 2024.
• The Rest of the MEA Monoglyceride market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 8.29 million in 2024.

Monoglyceride Market Analysis

How are Segments Performing in the Global Monoglyceride Market?

Monoglyceride Market Type Segment Analysis

According to Cognitive Market Research, mono is likely to dominate the Monoglyceride Market over the forecast period. The demand for mono-monoglycerides, which are mostly utilized as emulsifiers in food, medicine, and cosmetics, is rising, according to the monoglyceride market. The texture, consistency, and shelf life of a variety of food products, including margarine, processed meals, and baked goods, are significantly enhanced by mono-monoglycerides. They are used in medicine formulations in the pharmaceutical industry to increase the solubility of active components. The growing popularity of clean-label products and processed and convenience foods are greatly fueling the need for mono-monoglycerides in a variety of applications.

The diglycerides is the fastest-growing segment in the Monoglyceride Market. Diglycerides are common emulsifiers with a variety of uses in numerous industries. Diglycerides are used in food manufacturing to enhance the consistency, stability, and texture of goods like muffins, margarine, sauces, and salad dressings. Additionally, they support the emulsions in dairy products like creamers and ice cream. Diglycerides have emulsifying and moisturizing qualities that make them useful in creams, lotions, and shampoos, and they are also employed in the personal care and cosmetics industries. They are also added to pharmaceuticals to improve the solubility and bioavailability of specific medication formulations, as well as feed for animals to promote digestibility.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Monoglyceride Industry. Request a Free Sample PDF!

Monoglyceride Market Application Segment Analysis

According to Cognitive Market Research, the food segment holds the largest share of the market. Monoglycerides are mostly utilized as emulsifiers in the food sector to enhance the stability, consistency, and texture of a variety of products. They are frequently found in dairy products, including ice cream and creamers, confections, margarine, and baked goods. By preserving homogeneous, smooth emulsions, monoglycerides prolong shelf life and help avoid component separation. They are also used to improve the quality of drinks, sauces, dressings, and spreads. Monoglycerides are being more and more used in food applications as the demand for plant-based and clean-label products increases. They give processed meals crucial functionality.

In the Monoglyceride Market, the pharmaceuticals have been expanding at a rapid pace. Monoglycerides are used as solubilizers, stabilizers, and emulsifiers in a variety of medicinal compositions. They are frequently used to blend water and oil ingredients to create smooth, uniform textures in the creation of ointments, creams, and lotions. Additionally, monoglycerides increase the solubility and bioavailability of poorly soluble medications, increasing their therapeutic efficacy. To guarantee adequate dispersion and improve absorption, they are also utilized in oral medicine formulations, such as liquid suspensions and tablets. Monoglycerides are essential for the stability and effectiveness of pharmaceutical products because of their many uses.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Monoglyceride End-Use Industry Outlook: Segment Analysis

Monoglyceride Market End-Use Industry Segment Analysis

According to Cognitive Market Research, the food & beverages segment holds the largest share of the market. Monoglycerides are necessary in the food and beverage sector to enhance the consistency, stability, and texture of a variety of goods. They are frequently used as emulsifiers in confections and dairy products, including ice cream and creamers, margarine, and baked goods, to provide consistent, smooth textures and avoid component separation. Because monoglycerides preserve emulsions, they also extend the shelf life of processed foods. They are also added to drinks, sauces, dressings, and spreads to enhance product quality and stability. The use of monoglycerides in food and drinks is increasing due to the rising demand for clean-label and convenience goods.

In the Monoglyceride Market, cosmetics have been expanding at a rapid pace. The growing need for emulsifiers in skincare, haircare, and personal care products is driving the monoglyceride market in the end-use cosmetics sector. Shampoos, conditioners, lotions, and creams are all made with monoglycerides to improve their texture, stability, and shelf life. They facilitate the efficient mixing of water and oil components to produce homogeneous, smooth compositions. Monoglycerides, which are made from vegetable oils, are in line with clean-label and environmentally friendly trends as customers look for products with natural ingredients. This has increased demand for them in the cosmetics industry, especially for organic and cruelty-free products.

• Food & Beverages
• Pharmaceuticals
• Cosmetics
• Animal Feed

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
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Author's Conclusion