The global Glycerol  Market was valued at USD 4.9 billion in 2023 and is projected to reach USD 5.9 billion by 2033, expanding at a CAGR of 1.9% during the forecast period. This steady growth reflects the growing demand for glycerol across key sectors such as pharmaceuticals, personal care, and food & beverages. Thanks to its wide-ranging functionality—as a humectant, sweetener, and solvent—glycerol has become a vital ingredient in various commercial and industrial applications.