Global Ester Gum and Glycerol Ester Market Report and Forecast 2024-2032

Global Ester Gum and Glycerol Ester Market Outlook

The global ester gum and glycerol ester market size is estimated to exhibit a CAGR of 8.10% in the forecast period of 2024-2032. The major market drivers are the growing demand for ester gum and glycerol ester in the food and beverage sector as an emulsifier, texture stabiliser, and sweetener.

Key Trends in the Market

Ester gum is a resinous ester that is obtained by combining resin with polyhydric alcohols while glycerol esters are compounds obtained by the esterification of glycerol with fatty acid groups. They are commonly used as food additives to improve the texture and taste of food products.

• The burgeoning demand for ester gum and glycerol ester in the pharmaceutical sector is one of the prominent ester gum and glycerol ester market trends. Ester gum is commonly used as a release agent which provides lubrication to prevent tablets from sticking to the moulding surface during manufacturing. Meanwhile, glycerol ester improves the smoothness and taste of capsules and tablets.

• Increased focus on sustainable and animal cruelty-free products is boosting the production of plant-based ester gums and glycerol esters such as gum Arabic, which can be obtained from the acacia Senegal tree and vegetable glycerine from coconut, palm, and soybean oils.

• The ester gum and glycerol ester market growth is being aided by the introduction of several government regulatory standards that emphasise the usage of safe food additives to prevent the growth of microbes that can cause several health issues. Ester gum and glycerol ester are increasingly used in food products as they are derived from natural sources and have low toxicity levels.

Market Analysis

Based on product type, the market is divided into polymerised rosin, wood rosin, and gum rosin, among others. The ester gum and glycerol ester market segmentation, on the basis of application, includes food and beverages, chewing gum, paint and coating, printing inks, adhesive and sealants, and cosmetics, among others. The major regional markets covered in the market report are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the ester gum and glycerol ester market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Les Dérives Résiniques et Terpéniques (DRT) 

• Eastman Chemical 

• Jubilant Agri and Consumer Products Limited 

• Arakawa Chemical Industries,Ltd 

• Mangalam Organics Ltd 

• Foshan Baolin Chemical Industry Co., Ltd. 

• Others

Market Share by Application

Food and beverages occupy a significant portion of the ester gum and glycerol ester market share owing to the increased demand for safe additives in food products. Ester gums are used as an emulsifier and stabiliser in fruit and energy drinks and to provide uniformity to carbonated water. Meanwhile, glycerol ester can be utilised as a thickening agent in food and beverages such as fruit coatings, vitamin-enhanced water, and chewing gum, among others.

Market Share by Region

As per the regional ester gum and glycerol ester market analysis, the Asia Pacific accounts for a substantial share of the global market due to the increased demand for these products from end-use sectors such as food and beverages, personal care, and cosmetics. Furthermore, the strong growth of the construction sector boosts the usage of ester gums and glycerol ester in manufacturing interior paints and improving the adhesion properties of adhesives.

Competitive Landscape

Les Dérives Résiniques et Terpéniques (DRT), founded in 1932, is a manufacturer of gum rosin and turpentine and has its headquarters in Vielle-Saint-Girons, France. It provides products to end-use sectors such as agrochemical, rubber, and tyre, among others.

Eastman Chemical is a speciality chemical company, established in 1920 and based in Tennessee, the United States. The company mainly focuses on innovation and stability to develop products that can drive a sustainable future.

Jubilant Agri and Consumer Products Limited, founded in 2010 and headquartered in Greater Noida, Uttar Pradesh, is a manufacturer of consumer products. Its product portfolio includes adhesives, wood finishes, food polymers, and agricultural products.

Other ester gum and glycerol ester market players include Arakawa Chemical Industries, Ltd, Mangalam Organics Ltd, and Foshan Baolin Chemical Industry Co., Ltd., among others.

Key Highlights of the Report