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Global Glucuronolactone Market Share, Analysis, Forecast: By Application: Preservatives, Antioxidants, Processing Aids and Additives, Energy Supplements, Others; By End Use: Food and Beverages, Pharmaceuticals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Glucuronolactone Market Outlook
The global glucuronolactone market is expected to grow at a CAGR of 5% in the forecast period of 2024-2032.
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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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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 (2018-2023)
8.3 Global Glucuronolactone Market Forecast (2024-2032)
8.4 Global Glucuronolactone Market by Application
8.4.1 Preservatives
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Antioxidants
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Processing Aids and Additives
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Energy Supplements
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Glucuronolactone Market by End Use
8.5.1 Food and Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Pharmaceuticals
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Glucuronolactone Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Glucuronolactone Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Glucuronolactone Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Glucuronolactone Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Glucuronolactone Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Glucuronolactone Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
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 2032
2. Global Glucuronolactone Historical Market: Breakup by Application (USD Billion), 2018-2023
3. Global Glucuronolactone Market Forecast: Breakup by Application (USD Billion), 2024-2032
4. Global Glucuronolactone Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Glucuronolactone Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Glucuronolactone Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Glucuronolactone Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Glucuronolactone Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Glucuronolactone Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Glucuronolactone Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
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.
The key trends of the market include increasing applications of glucuronolactone and the heightened demand for nutritional supplements.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant applications of glucuronolactone include preservatives, antioxidants, processing aids and additives, and energy supplements, among others.
The important end uses include food and beverages, and pharmaceuticals, among others.
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 2024-2032, 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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