On the basis of the end-use industries segment, the tobacco industry segment is estimated to hold the largest market share during the forecast period, in terms of value. The growing consumption of cigarettes, globally, has fueled the demand for triacetin in the tobacco industry. Food & beverage is the second-largest end-use industry segment of the global Triacetin Market. Increasing spending on eating out and growing consumption of food products has driven the demand for triacetin in the food & beverage industry.