Polyglycerol Market Trends

Growth Drivers

• Notable trade trajectory of soybeans and castor oil seeds: The worldwide yield of soybean in 2024-25 was 276.9 million metric tons, with a ten year growth of 32%. The top suppliers were China (19.95 MMT), the U.S. (13.01 MMT), Brazil (11.2 MMT), Argentina (8.38 MMT), and the EU (2.89 MMT), as per the U.S. Department of Agriculture (USDA). Furthermore, castor oil seeds, another popular raw material held a global trade value of USD 32.5 million in 2023, emerging as the 4404th most supplied product. According to the OEC, castor oil seed exports surged by 55.5% between 2022 and 2023, i.e., from USD 20.9 million to USD 32.5 million.
   
• Influence of the regulatory framework of the cosmetics industry on polyglycerol market: The government emphasis on the listing and registration of cosmetic facilities and products have regulated the use of safe and effective emulsifiers and preservatives and emulsifiers, including polyglycerol esters. The 2022 Modernization of Cosmetics Regulation Act (MoCRA) is the most prominent regulatory development since the 1938 Federal Food, Drug, and Cosmetic (FD&C) Act. MoCRA was further updated in July 2024 to discontinue Cosmetic Direct listed products that are no longer on the market. The Cosmetic Ingredient Review of June 2023 conducted safety assessment of Diglycerin and Polyglycerin-3, -6, and -10 in skin products, in turn, improving market penetration.

Challenges

• Stability challenge of lipid-based excipients (LBEs): Polyglycerol has shown inefficacy for drug delivery and affects the stability of the pharmaceutical product. The unstable solid state of a number of polyglycerol moieties limits their preference for different pharmaceutical applications.