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Gluconic Acid Market Size
The global gluconic acid market was valued at USD 80.3 million in 2023 and is estimated to grow at a CAGR of over 7.2% from 2024 to 2032. The rising incorporation of bio-based acids in personal care products, driven by their role in enhancing product quality and extending shelf life, is poised to boost the market. These acids find applications in formulating a range of products, from cleansers and mouthwashes to skincare items and shampoos.
As demand surges for multifunctional and premium personal care items, manufacturers are increasingly turning to sophisticated ingredients, potentially propelling industry growth. Furthermore, heightened beauty consciousness has spurred a surge in skincare product sales, further fueling this demand.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 80.3 Million |
Forecast Period: | 2024–2032 |
Forecast Period 2024–2032 CAGR: | 7.2% |
2024–2032 Value Projection: | USD 135.4 Million |
Historical Data for: | 2021–2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | Application, Downstream Potential and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Global cosmetics market size may exceed USD 700 billion by 2032. Shifting tendencies towards personalized cosmetic products along with increasing investment in R&D for specialized goods may have a positive influence on industry growth. The growing importance of effective formulations to balance efficiency and cost will stimulate product demand.
The growing demand in the food and beverage industry significantly boosts the gluconic acid market, as it is widely used as a food preservative, acidulant, and flavouring agent. Its ability to enhance food safety and quality aligns with consumer preferences for healthier options. Additionally, gluconic acid finds increasing applications in pharmaceuticals and cosmetics due to its gentle properties and effectiveness as a pH regulator and stabilizer. This versatility supports the development of innovative formulations in both sectors.
Rising interest in bio-based and sustainable products further drives the market, as gluconic acid can be derived from renewable sources like glucose. This aligns with the global push toward sustainability and eco-friendly ingredients, attracting manufacturers seeking to meet consumer demand for environmentally responsible products. As industries increasingly prioritize sustainable practices, gluconic acid's profile as a green alternative positions it favourably in the market.
Gluconic Acid Market Trends
The gluconic acid industry is witnessing significant trends in manufacturing efficiency through the adoption of advanced biotechnological processes. Innovations in fermentation techniques and enzyme optimization are enhancing yield and reducing production costs. Furthermore, companies are increasingly utilizing green chemistry principles, minimizing waste and energy consumption. Automation and process control technologies are also improving consistency and scalability in production. These advancements not only boost efficiency but also align with sustainability goals, making gluconic acid more appealing to environmentally conscious consumers and industries. As a result, manufacturers are better positioned to meet rising demand while maintaining competitive pricing.
Gluconic Acid Market Analysis
The food application segment will capture USD 48.8 million and demonstrate a 7.6% CAGR till 2032. The gluconic acid industry is experiencing diverse trends across its various applications. In the industrial sector, gluconic acid is increasingly utilized as a corrosion inhibitor and in cement formulation, enhancing durability and performance. The beverages segment is seeing a rise in gluconic acid use as a natural acidulant and flavor enhancer, appealing to health-conscious consumers. In the food industry, its role as a preservative and acidity regulator is gaining traction, driven by the demand for clean-label products.
The gluconic acid market from pharmaceutical sector is leveraging gluconic acid for its stabilizing properties in drug formulations, while the personal care industry incorporates it as a pH regulator and humectant in skincare products. Additionally, the cleaners and detergents segment is recognizing gluconic acid's effectiveness as a chelating agent, enhancing cleaning performance. Overall, these trends reflect a shift toward natural and multifunctional ingredients across multiple sectors, driving growth in the market.
The glucono delta-lactone segment held a 40.1% market share in 2023, amounting to USD 32.1 million, and is projected to grow at a 5.5% CAGR from 2024 to 2032. The market for gluconic acid derivatives is witnessing significant trends across key products. Sodium gluconate is increasingly sought after for its role as a concrete additive and chelating agent, driven by growth in the construction and manufacturing sectors. Calcium gluconate is gaining attention in pharmaceuticals and dietary supplements, propelled by rising health awareness and demand for calcium fortification. Potassium gluconate is growing in popularity as a natural potassium source in food and beverages, particularly in health-oriented products, aligning with clean-label trends. Meanwhile, glucono delta-lactone is becoming a favoured natural preservative and acidulant in the food industry, appealing to consumers seeking healthier options. Collectively, these trends highlight a shift towards multifunctional and natural ingredients, enhancing the commercial potential of gluconic acid derivatives across various industries.
U.S. gluconic acid market is projected to achieve USD 24.9 million, with a CAGR of 7.1% from 2024 to 2032. The U.S. gluconic acid industry is experiencing robust growth driven by increasing demand across various sectors, including food and beverage, pharmaceuticals, and personal care. As a versatile organic acid, gluconic acid is valued for its applications as a food preservative, acidulant, and pH regulator, contributing to its rising usage in the food industry.
Additionally, its role in pharmaceuticals as a stabilizer and in dental products for oral care is expanding, further propelling market growth. The trend towards natural and biodegradable ingredients is also favoring gluconic acid, as it is derived from glucose through fermentation processes.
Gluconic Acid Market Share
Companies include, Roquette, Jungbunzlauer, PMP, TCI Chemicals, and Merck Millipore are key players making significant contributions to the gluconic acid industry. Roquette is known for its extensive portfolio of biobased products, leveraging its expertise in plant-based chemistry to enhance gluconic acid applications in food and pharmaceuticals. Jungbunzlauer focuses on sustainable production methods, providing high-quality gluconic acid that meets the growing demand for natural ingredients in various industries.
PMP contributes through its innovative solutions in the production and application of gluconic acid, particularly in the construction and agricultural sectors. TCI Chemicals emphasizes quality and reliability, supplying gluconic acid for research and development, catering to pharmaceutical and chemical industries. Merck Millipore enhances the market with its focus on quality assurance and regulatory compliance, making its products highly sought after in laboratories and industrial applications.
Gluconic Acid Market Companies
Major players operating in the gluconic acid industry are:
- Alfa Chemistry
- Evonik
- Fuso Chemical Co., Ltd.
- Jungbunzlauer
- Merck Millipore
- PMP Fermentation Products, Inc.
- Prathista
- R-Biopharm Ag
- TCI Chemicals
- Toronto Research Chemicals Inc
Gluconic Acid Industry News
March 2024: Corbion has announced plans to increase gluconic acid production in response to rising consumer demand, particularly in the food and beverage sectors. This expansion will help to boost the growth of the gluconic acid industry.
May 2023: Skinceuticals launched a new glycolic acid cream, glycolic 10 renew overnight, that improves skin glow by 36% while also maintaining tolerability. This launch will help to drive interest in gluconic acid as an alternative ingredient for similar benefits.
This gluconic acid market research report includes in-depth coverage of the industry, with estimates and forecasts in terms of revenue (USD Billion) and volume (Tons) from 2024 to 2032, for the following segments:
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Market, By Application
- Industrial
- Agrochemical & fertilizers
- Metal surface treatment
- Textile
- Beverages
- Food
- Confectionery
- Dairy
- Flavors
- Instant food
- Meat
- Sauces & dressings
- Pharmaceutical
- Personal care
- Cleaners & detergents
- Others
Market, By Downstream Potential
- Glucono delta-lactone
- Sodium gluconate
- Calcium gluconate
- Potassium gluconate
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
- UAE
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