According to a market report by Lucintel, the future of the global food grade polyol market looks promising with opportunities in the food, healthcare & pharmaceutical, and beverage markets. The global food grade polyol market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are surge in people's interest in craft beer and other alcoholic beverages, increased consumer demand for natural and healthy products, as well as, expanding export opportunities in developing nations as a result of improved trade laws, economic expansion, and changing demographics.
Lucintel forecasts that grains is expected to witness the highest growth over the forecast period due to abundant and readily available raw materials.
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APAC is expected to witness highest growth over the forecast period due to increase in government spending on urbanization and raising consumer standards of living.
Cargill, Archer Daniels Midland Company, Roquette, AVATAR CORPORATION, Jungbunzlauer Suisse, Shandong Futaste, Tata Chemicals, Gujarat Ambuja Exports, TREDIS, and Gulshan Polyols are the major suppliers in the food grade polyol market.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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