Report Ocean published a recovery-based report for ‘Global Gluconolactone Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Gluconolactone Market is valued approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2032.
Gluconolactone is a powdery substance which can be obtained from gluconic acid which is found in animals and corn. Gluconolactone has wide application in cosmetics industry. It is used in various beauty products such as moisturizers, toners, serums, and face masks. It is free-radical scavenger, which protects skin from UV radiation and for exfoliation. Growing cosmetics industry and rising consumption of energy drinks are key drivers for the growth of Gluconolactone market.
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For instance, according to global database management company Statista – In the year 2020 global energy and sports drinks sales estimated at USD 134 billion and as per estimation by the year 2026 total sales would reach to USD 225 billion . Also, with growing food and beverages industry and rising application in pharmaceutical industry, the adoption & demand for Gluconolactone is likely to increase the market growth during the forecast period. However, negative impact of covid 19 pandemic on end use verticals impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Gluconolactone Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to research and development activities and growing cosmetics industry in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2028. Factors such as growing per capita expenditure on food and cosmetics products in the region would create lucrative growth prospects for the Gluconolactone market across Asia-Pacific region.
Major market player included in this report are:
Spec-Chem Industry Inc.
Jungbunzlauer International,
Sigma Aldrich,
Roquette,
Fuso Chemical Company,
Fuyang Biotechnology,
Yuanming Group,
Baisheng Biotechnology,
Xinhong Pharmaceutical,
Xingzhou Medicine Foods
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Grade:
Greater than 97.0%
Greater than 98.5
Greater than99%
101.0%
102.0%
By End Use Industries:
Dietary Supplements
Energy Drinks
Pharmaceuticals
Cosmetics
Functional Food
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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