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Base Year: 2023
Companies covered: 10
Tables & Figures: 165
Countries covered: 18
Pages: 235
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Glucuronolactone Market
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Glucuronolactone Market Size
The global glucuronolactone market was valued at USD 434.3 million in 2023 and is estimated to grow at a CAGR of over 5.7% from 2024 to 2032. Glucuronolactone is gaining increasing acceptance for use in supplements and beverages and other products. It is especially valued in energy drinks, weight-loss products, and pre-workout supplements for its claimed abilities to boost energy and cognitive levels and speed up detoxification. With the increased popularity and sales of energy supplements comes the responsibility of manufacturers to alter their formulations to cleaner ones.
Interest in glucuronolactone is anticipated to increase which should result in more efforts toward product development and broaden application fields, thereby positively impacting the overall market. For example, many drinks rich in glucuronolactone have been produced by companies such as Red Bull and so there is great optimism that great opportunities will be seen throughout the forecasted period. Most energy drinks still have the same ingredients, only differing in the ratios of caffeine, taurine and D-glucuronolactone.
Glucuronolactone Market Trends
The global glucuronolactone industry is expected to continue steady growth as consumers become more inclined towards health and wellness products. This is particularly seen in the dietary supplement and energy drink which is further augmented by the compound’s efficacy in boosting energy, enhancing mental performance, and supporting detoxification aside from other benefits it can provide.
Further, the rising popularity and understanding of functional foods and beverages have led to increased usage in food processing. The rise in demand for these ‘natural’ ingredients with clean labels also fuels growth because manufacturers are seeking ways to use glucuronolactone in their products. Therefore, the need for innovation as well as a growing concern for health and wellness is setting the market up for growth.
Glucuronolactone Market Analysis
Some of the main key determinants in the growth of the glucuronolactone industry include health-conscious consumers and the need for effective foods and supplements that boost desired energy and focus. Even within energy drinks segment, their increasing popularity among slow aged millennials and Gen Z groups confirm that they are looking for fast energy solutions.
The growing sports nutrition segment of the market points toward a need for good recovery and performance by athletes showcasing the need for glucuronolactone in sports. Clean-label and naturally sourced ingredients are now trends in most products which increases the chance for these manufacturers to rethink product compositions and use more glucuronolactone which aids in the growth and diversification of the market.
In 2023, the powder glucuronolactone market segment generated an estimated USD 283.8 million, and it is projected to achieve a CAGR of 5.8% between 2024 and 2032. Its relative growth is on par with the rest of the market because the powdered form of glucuronolactone is the most popular one. The powder segment is popular due to its flexibility and easy integration into other products. The form of powders allows easy addition to dietary supplements, energy drinks, and functional foods, capturing the attention of consumers and making it more convenient.
Furthermore, powdered glucuronolactone is significantly more stable and has a longer shelf life than its liquid form, making it a more affordable option for producers. The segment is growing due to increasing knowledge of the health benefits of glucuronolactone, including energy metabolism and detoxification, which raises the appeal in health-centered market.
The energy drink segment for glucuronolactone market application is expected to reach USD 165.7 million by the year 2023, with a projected CAGR of 5.8% from 2024 to 2032. The energy drink segment substantially leads in the market as this ingredient is known to boost both physical activity and mental alertness. As consumers are becoming more prone to energy boosting products, the inclusion of glucuronolactone in energy drinks matches the health and fitness culture. Moreover, its moderate popularity in athletes and active people is linked to its effectiveness in enhancing endurance and reducing fatigued muscles.
Also, there is an increasing demand because many energy drink companies are coming up with new products which meet the needs of the younger people, and the existing ones often make claims about the advantages of glucuronolactone. This segment's robust growth is expected to continue, fueled by evolving consumer preferences for functional beverages that support an active lifestyle.
The online retail market reached USD 153.2 million in 2023 which indicates a CAGR of 5.9% from 2024 till 2032. The reason e-retailers dominate the glucuronolactone industry is because of the growing perception of convenience over most other factors by a few customers. E commerce channels offer a lot of alternative products which customers can price compare and check for reviews. The growing interest in health and wellbeing boosted the demand for dietary supplements and online purchasing of glucuronolactone products has been their primary means of buying.
In 2023, the U.S. glucuronolactone market was valued at USD 85.7 million and is anticipated to expand at a CAGR of 5.7%. The presence of large functional beverage and dietary supplement companies, as well as the rapidly growing distribution networks in the region, makes it the most powerful player in the market. This region Leads the global market of glucuronolactone due to the regulatory support and product formulation innovation tailored for the U.S. market.
It is also fact that there is increasing recognition of the ingredient which boosts consumer interest. This, coupled with the rapidly increasing health and fitness trends, large consumer base focused on fitness and demand for energy boosting supplements makes this region the leader in the market.
Glucuronolactone Market Share
The market is dominated by many key producers such as Aadhunik Industries, Anhui Fubore Pharmaceutical & Chemical, Anmol Chemicals, Foodchem International, and FUJIFILM Wako Pure Chemical Corporation. Using their knowledge in chemical production, Aadhunik Industries and Anmol Chemicals offer tailored high-grade products for food and dietary supplements.
R&D focused Anhui Fubore is continuously improving the product innovation and diversification of its portfolio, while Foodchem International is well-known for its distribution channels and advanced marketing. Combining pharmaceutical knowledge with chemical production enables FUJIFILM Wako Pure Chemical Corporation to meet high quality demands. These companies complement each other in the competitive market by focusing on innovation and strategic partnerships, which results in growth and addressing diverse consumer needs.
Glucuronolactone Market Companies
Major players operating in the glucuronolactone industry are:
Glucuronolactone Industry News
This glucuronolactone market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Units) from 2021 to 2032, for the following segments:
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Market, By Form
Market, By Application
Market, By Distribution channel
The above information is provided for the following regions and countries: