Polyglycerol Market Will Grow As Of Rising Demand For Organic Extracts In Food And Beverage Industry
The global Polyglycerol Market size is expected to value at USD 5.52 billion by 2022. The market is subject to witness a substantial growth due to the increasing rising demand for organic extracts in food and beverage industry, minimizing use of petrochemical products, and to curb greenhouse gas emissions. Increasing adoption of genetically modified food (GMO) have adverse effect on the environment, thus creating need for environmental-friendly food products. Additionally, major focus in research and development activities for the production of non-GMO crops is on rise. These factors are expected to fuel growth of the market in coming years. Globally, the polyglycerol market is predicted to grow at CAGR of 10.7% in forecast period, providing numerous opportunities for market players to invest for research and development in the market. Additionally, rise in the demand for low-fat food products among consumers is anticipated to complement market growth during the for...