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Global Glucuronolactone Market: By Application: Preservatives, Antioxidants, Processing Aids and Additives, Energy Supplements, Others; By End Use: Food and Beverages, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Glucuronolactone Market Outlook
The global glucuronolactone market is expected to grow at a CAGR of 5% in the forecast period of 2022-2027.
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Increased Demand for Energy Supplements to Propel the Market Growth of the Global Glucuronolactone Industry
Based on application, the energy supplements segment is predicted to account for a significant market share in the glucuronolactone industry. This can be attributed to the rising awareness among consumers pertaining to health and fitness. Consumers are increasingly investing in energy drinks, especially fitness enthusiasts and the youth that enjoy energy-boosting food and beverages. In addition, the use of glucuronolactone as a detoxifying agent in functional beverages is also expected to contribute to its overall popularity in the forecast period.
North America to Possess a Significant Market Share in the Global Glucuronolactone Industry
North America is anticipated to occupy a significant share of the global glucuronolactone industry in the forecast period. This growth can be attributed to the heightened utilisation of glucuronolactone as a nutritional supplement in the region, motivated by the increasing health consciousness among consumers. In addition, high consumer purchasing power and high standards of living are also leading to the industry growth. Moreover, the presence of leading beverages manufacturers in the region is also contributing to the industry growth. For instance, Monster Energy is an exceptionally popular energy drink in the region.
Glucuronolactone: Market Segmentation
Glucuronolactone refers to a chemical that primarily finds usage in the manufacturing of energy drinks. It is used as it can help enhance attention and improve athletic performance. It is a naturally occurring substance and a critical element in nearly all connective tissues. It is produced in the body in small amounts. In addition, it can also be manufactured synthetically in laboratories to be used in food and beverages as a performance enhancer and recovery aid.
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By application, the market is divided into:
- Preservatives
- Antioxidants
- Processing Aids and Additives
- Energy Supplements
- Others
Based on end use, the market can be categorised into:
- Food and Beverages
- Pharmaceuticals
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Heightened Investments in the Pharmaceutical Sector to Bolster the Growth of the Global Glucuronolactone Industry
The rising investments in the pharmaceutical sector are aiding the growth of the glucuronolactone industry. This can be attributed to the increased usage of glucuronolactone in the production of drugs, wherein glucuronolactone is used as an additive to maintain consistency and other characteristics. In addition, the rising incidences of chronic illnesses along with the growing geriatric population are also adding to the overall market growth. Moreover, the high usage of glucuronolactone in the food and beverages sector, for instance, as a curing, pickling and leavening agent, is also predicted to bolster the market growth. Furthermore, the rising health consciousness and increased interest in improving physical fitness are also anticipated to boost the demand for glucuronolactone in the forecast period.
Key Industry Players in the Global Glucuronolactone Market
The report gives a detailed analysis of the following key players in the global glucuronolactone market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Aceto Corporation
- Creative Compounds
- Foodchem International Corporation
- Millipore Sigma
- Shouguang Zhonghe Biochemical Engineering Co. Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, End Use, Region |
| Breakup by Application | Preservatives, Antioxidants, Processing Aids and Additives, Energy Supplements, Others |
| Breakup by End Use | Food and Beverages, Pharmaceuticals, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Aceto Corporation, Creative Compounds, Foodchem International Corporation, MilliporeSigma, Shouguang Zhonghe Biochemical Engineering Co. Ltd, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Glucuronolactone Market Analysis
8.1 Key Industry Highlights
8.2 Global Glucuronolactone Historical Market (2017-2021)
8.3 Global Glucuronolactone Market Forecast (2022-2027)
8.4 Global Glucuronolactone Market by Application
8.4.1 Preservatives
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Antioxidants
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Processing Aids and Additives
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Energy Supplements
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Glucuronolactone Market by End Use
8.5.1 Food and Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Pharmaceuticals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Others
8.6 Global Glucuronolactone Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Aceto Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Creative Compounds
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Foodchem International Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 MilliporeSigma
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Shouguang Zhonghe Biochemical Engineering Co. Ltd
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Glucuronolactone Market: Key Industry Highlights, 2016 and 2026
2. Global Glucuronolactone Historical Market: Breakup by Application (USD Billion), 2017-2021
3. Global Glucuronolactone Market Forecast: Breakup by Application (USD Billion), 2022-2027
4. Global Glucuronolactone Historical Market: Breakup by End Use (USD Billion), 2017-2021
5. Global Glucuronolactone Market Forecast: Breakup by End Use (USD Billion), 2022-2027
6. Global Glucuronolactone Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Glucuronolactone Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Glucuronolactone Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5% between 2021 and 2026.
The major drivers of the industry, such as the increased demand for energy supplements, rapidly growing demand in the food and beverages sector, heightened demand for nutritional supplements, and the rapid investments in R&D activities, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the rising investments in the pharmaceutical industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant applications of the product include preservatives, antioxidants, processing aids and additives, and energy supplements, among others.
The significant end use segments include food and beverages, pharmaceuticals, and others.
The major players in the industry are Aceto Coporation, Creative Compounds, Foodchem International Corporation, Millipore Sigma, Shouguang Zhonghe Biochemical Engineering Co. Ltd, and others.
Analyst Review
The global glucuronolactone market is being driven by the increased demand for energy supplements. Aided by the heightened investments in the pharmaceutical industry, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of application, the market can be distributed into preservatives, antioxidants, processing aids and additives, and energy supplements, among others. Based on end use, the industry can be segmented into food and beverages, pharmaceuticals, and others. The major regional markets for glucuronolactone are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Aceto Coporation, Creative Compounds, Foodchem International Corporation, Millipore Sigma, Shouguang Zhonghe Biochemical Engineering Co. Ltd, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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