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Global Glucuronolactone Market to Grow at a CAGR of 5% During 2021-2026, Aided by the Rising Investments in the Pharmaceutical Industry

Glucuronolactone Market

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 (2018-2028); 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 2023-2028.

 

Global Glucuronolactone Market

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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.

 

Global Glucuronolactone Market by Segment

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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.

 

Global Glucuronolactone Market by Region

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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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Glucuronolactone Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Glucuronolactone Historical Market (2018-2022) 
    8.3    Global Glucuronolactone Market Forecast (2023-2028)
    8.4    Global Glucuronolactone Market by Application
        8.4.1    Preservatives
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Antioxidants
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Processing Aids and Additives
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    Energy Supplements
            8.4.4.1    Historical Trend (2018-2022)
            8.4.4.2    Forecast Trend (2023-2028)
        8.4.5    Others 
    8.5    Global Glucuronolactone Market by End Use
        8.5.1    Food and Beverages
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Pharmaceuticals
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Others
    8.6    Global Glucuronolactone Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028) 
9    North America Glucuronolactone Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Glucuronolactone Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Glucuronolactone Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Glucuronolactone Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Glucuronolactone Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Aceto Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Creative Compounds
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3     Foodchem International Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    MilliporeSigma
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Shouguang Zhonghe Biochemical Engineering Co. Ltd
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Glucuronolactone Market: Key Industry Highlights, 2018 and 2028
2.    Global Glucuronolactone Historical Market: Breakup by Application (USD Billion), 2018-2022
3.    Global Glucuronolactone Market Forecast: Breakup by Application (USD Billion), 2023-2028
4.    Global Glucuronolactone Historical Market: Breakup by End Use (USD Billion), 2018-2022
5.    Global Glucuronolactone Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6.    Global Glucuronolactone Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global Glucuronolactone Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Global Glucuronolactone Market Structure

Key Questions Answered in the Report

What is the growth rate of the global glucuronolactone market?

The market is projected to grow at a CAGR of 5% between 2023 and 2028.

What are the major market drivers?

The major drivers of the market include the increased demand for energy supplements, rapidly growing demand from the food and beverages sector, and increasing investments in research and development activities.

What are the key trends of the market?

The key trends of the market include increasing applications of glucuronolactone and the heightened demand for nutritional supplements.

What are the major regional markets of glucuronolactone, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the significant applications of glucuronolactone?

The significant applications of glucuronolactone include preservatives, antioxidants, processing aids and additives, and energy supplements, among others.

What are the important end uses of the market?

The important end uses include food and beverages, and pharmaceuticals, among others.

Who are the key market players, according to the report?

The key players in the global glucuronolactone market are Aceto Coporation, Creative Compounds, Foodchem International Corporation, MilliporeSigma, and Shouguang Zhonghe Biochemical Engineering Co. Ltd, among 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 2023-2028, 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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