Global Distilled Monoglyceride Industry

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Global Distilled Monoglyceride Market size was valued at USD 997.01 Million in 2023 and is expected to reach USD 1893.32 Million in 2032, growing at a CAGR of 7.39% from 2023 to 2032.

Distilled monoglycerides (DMG) are monoglycerides that are synthesised and undergone molecular distillation technique to separate and concentrate the monoglycerides from some diglycerides (and triglycerides). It is done because monoglycerides are considered much more effective emulsifiers than diglycerides.

Risks from a mutated COVID-19 virus
Currently, the COVID-19 virus is still spreading around the world. Although the global economy is gradually recovering, the uncertainty of the epidemic has brought uncertainty to the development of various industries around the world. The development of the industry depends to a certain extent on the strength of local epidemic prevention and control measures. This also includes the industry. For example, in December 2021, the UK was severely affected by a mutated Omicron virus. Rising Covid-19 infection rates due to Omicron could mean staffing shortages across industries and sectors. Meanwhile, rail and bus services and subway lines have been hit by the Omicron virus. Traffic control will create supply chain problems. Due to the lockdown, sales of many edible products such as baked goods and meat products are in high demand. Many bakeries have been shut down due to labor shortages due to shortages in bakery supplies. There is also insufficient supply of raw materials such as Distilled Monoglyceride in the market, resulting in improper production of the product. Therefore, the repeated epidemics in some regions and countries have brought some risks to the development of the industry.

Stable and increasing demand from downstream industries
For the Distilled Monoglyceride industry, its development is mainly driven by demand from downstream industries. First of all, Distilled Monoglyceride is a high-quality and high-efficiency edible emulsifier, which has the functions of emulsifying, dispersing, stabilizing, foaming, defoaming and starch anti-aging. Distilled Monoglyceride is completely non-toxic and harmless, and there is no restriction on human intake. It is a safe and high-quality food additive. For example in toffee and chocolate, Distilled Monoglyceride prevents oil oozing, separation and improves the shape retention of candies. Distilled Monoglyceride improves toffee quality and preservation properties. Distilled Monoglyceride is used in chocolate production to inhibit the crystallization of oils and fats in chocolate, prevent chocolate from blooming, and improve its brittleness and shape retention.
Secondly, Distilled Monoglyceride is mainly used as a mold release agent, plasticizer, antistatic agent in the plastics industry, and is especially suitable for anti-shrinkage agent of plastic foam products. In general, Distilled Monoglyceride is commonly used in baking, fats and oils, dairy products, frozen desserts, confectionery and plastic products. The demand for products in these industries has largely driven the development of products.

Raw material price fluctuation risk
The main business of Distilled Monoglyceride is the manufacture and sale of Distilled Monoglyceride products. The raw materials required for Distilled Monoglyceride are mainly palm oil, sunflower, soybean oil, fatty acid, glycerin, etc. There is a certain production and processing cycle from material procurement to product delivery. Therefore, Distilled Monoglyceride needs to maintain a high level of inventory capital occupation. Fluctuations in raw material prices, along with changes in product production costs, can also have an impact on Distilled Monoglyceride's operating performance. At present, most Distilled Monoglyceride companies have gradually changed their product pricing models, carried out moderately commodity hedging business, and established a price transmission mechanism for raw material price fluctuations to downstream products, in order to reduce the impact on Distilled Monoglyceride's operating performance fluctuations.

Global Market Region Overview:
China dominated the Distilled Monoglyceride market in 2022, with a market share of 39.23%.

Global Market Company Overview:
Kevin Food is one of the major players operating in the Distilled Monoglyceride market, holding a share of 9.5% in 2023.

Kevin Food
Kevin Food was established in 2001. Kevin Food is a national high-tech enterprise integrating R&D, production, sales and service of comprehensive natural food additives. It is a leading developer and manufacturer of emulsifiers and compound functional additives. supplier of imported additives.

BASF
BASF is a German chemical company. BASF consists of five business categories. The Chemicals business includes petrochemicals, monomers and intermediates. The Performance Products business includes the Pigments, Care Chemicals, Nutrition & Health and Performance Chemicals divisions. The Performance Materials and Solutions business includes the Catalysts, Construction Chemicals, Coatings and Performance Materials divisions. The Agricultural Solutions business includes the Crop Protection segment. The oil and gas business includes the oil and gas segment, with exploration and production in oil and gas producing regions in Europe, North Africa, Russia, South America and the Middle East.

Global Market Segmentation Overview:
As for product types, the Food Grade segment held the largest market share in 2022.

Food Grade
This type mainly refers to products that are non-toxic and safe to eat and can be directly used in the food field. For example, Distilled Monoglyceride acts as a stabilizer for peanut butter and almond milk to prevent delamination. Distilled Monoglyceride is used in flour products to soften the texture and improve the taste.

Industrial Grade
This type mainly refers to products that can be suitable or must be used for industrial use. Such as Distilled Monoglyceride as emulsifier and thickener and so on.

Global Market End User Overview:
By application, the Bakery segment occupied the biggest share from 2018 to 2022.

This global Distilled Monoglyceride market research report provides a comprehensive overview by conducting both qualitative and quantitative analysis of the market, sharing concrete numbers and thorough insights from different market segments. The quantitative analysis includes both historical and forecast data of various market segments, while the qualitative analysis of market dynamics including growth drivers, challenges, constraints, etc. provides in-depth insight into the market situation and prospects.

Besides, the study maps the leading as well as the fastest-growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.

As a crucial part of the Distilled Monoglyceride market, we provide competitive landscape analysis which incorporates the market ranking of the major players, along with new service/product launches, business expansions, acquisitions, and performance in the past five years. That allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.

The readers of this report will understand how the Distilled Monoglyceride market status has changed across the globe under the Russia-Ukraine War and inflation.

Key players in the global Distilled Monoglyceride market are covered in Chapter 4 and Chapter 8:
Guangzhou Jialishi Food
Riken Vitamin
Kao Chemicals
Wilmar International
Danisco
ZTCC
Kevin Food
BASF
Hangzhou Fuchun Food Additive
Guangzhou Cardlo Biochemical
Kerry
Palsgaard
Corbion

In Chapter 6 and Chapter 9.1, on the basis of types, the Distilled Monoglyceride market from 2019 to 2032 is primarily split into:
Food Grade
Industrial Grade

In Chapter 7 and Chapter 9.2, on the basis of End Users, the Distilled Monoglyceride market from 2019 to 2032 covers:
Bakery
Confectionery
Frozen Desserts
Plastics
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical and forecast (2019-2032) of the following regions are covered in Chapter 5 and Chapter 10:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Spain
Russia
Poland
Others
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Others
Latin America
Mexico
Brazil
Others
Middle East and Africa
GCC
South Africa
Others

Outline:
This report consists of 11 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 mainly defines the market scope and introduces the Distilled Monoglyceride industry, with an executive summary of different market segments (by type, end user, region, etc.), and general regulatory environment analysis.

Chapter 2 is the analysis of the whole market industry chain, covering key raw materials and suppliers, business mode and production process, cost structure analysis, and alternative product, also providing information on major distributors, and downstream customers.

Chapter 3 provides a qualitative analysis of the market dynamics, including market drivers, constraints and challenges, emerging market trends, PESTEL analysis, consumer insights, and the impact of the Russia and Ukraine war.

Chapter 4 analyzes the current competitive situation of the market by providing data regarding the players, including their revenue and sales volume with corresponding market shares, and prices. In addition, information about market concentration rates, key product launch news, mergers & acquisitions, expansion plans will also be covered.

Chapter 5 focuses on the regional market, presenting detailed historical data (i.e. sales volume, revenue) of the most representative regions and countries in the world.

Chapters 6-7 analyze the historical market sales volume, revenue, share, and price by breaking data on the basis of different product types, as well as the downstream end-user market, with the aim of helping readers understand the market more deeply.

Chapter 8 shares a profile of the key players in the market, together with their corporation information, product portfolio and specification, market performance (i.e. sales volume, price, revenue, gross margin), business and markets served, recent developments/updates, etc.

Chapters 9-10 provide an analysis of the development trends over the next few years in terms of product type, end-users, major regions and countries.

Chapter 11 concludes with an explanation of the data sources and research methods. Analysis and verification are conducted through preliminary research to obtain final quantitative and qualitative data.