#GlycerineMarket As people become more health-conscious and the population ages, there is a raising need for medicines worldwide. Therefore, it is expected that throughout the forecast period, demand for raw materials such as glycerine would rise as a result of the increase in the manufacture of pharmaceutical goods. The food and beverage, medicines and healthcare, and personal care businesses all require pharmaceutical-grade glycerine. The pharmaceutical-grade glycerine market is expected to be driven by growing applications in these sectors.

#GlycerineMarket Glycerine Market is segmented into Food & Beverage, Pharmaceutical, Nutraceutical, Personal Care & Cosmetics, and Others. With a 40.8 % revenue share in 2022, the personal care and cosmetics sector led the glycerol market. This is linked to a growth in demand for pharmaceutical and personal care goods as a result of improved lifestyles and rising health consciousness among people in developing nations around the Asia Pacific and Latin America. A humectant, lubricant, and smoothness enhancer, glycerol is employed in a variety of applications.