Home > Food & Beverages > Nutraceuticals > Glucuronolactone Market

Glucuronolactone Market Analysis

  • Report ID: GMI12076
  • Published Date: Oct 2024
  • Report Format: PDF

Glucuronolactone Market Analysis

The powder segment was valued at USD 283.8 million in 2023, and it is anticipated to expand 5.8% of CAGR during 2024 to 2032. The powder segment of the glucuronolactone industry is predominantly favored due to its versatility and ease of formulation in various products. Its powdered form allows for seamless integration into dietary supplements, energy drinks, and functional foods, enhancing product appeal and consumer convenience.
 

Moreover, powdered glucuronolactone offers better shelf stability and longer shelf life compared to liquid forms, making it more cost-effective for manufacturers. This segment's growth is further supported by increasing consumer awareness of health benefits associated with glucuronolactone, including its role in energy metabolism and detoxification, leading to a higher demand in health-conscious markets.
 

Glucuronolactone Market Revenue Share, By Application, (2023)

The glucuronolactone market from energy drink segment held over USD 165.7 million in 2023 and gained 5.8% CAGR from 2024 to 2032, driven by the ingredient's reputation for enhancing physical performance and mental alertness. As consumers increasingly seek energy-boosting products, glucuronolactone's incorporation in energy drinks aligns with health and fitness trends. Its ability to improve endurance and reduce fatigue makes it a popular choice among athletes and active individuals.
 

Moreover, the proliferation of energy drink brands targeting younger demographics further propels demand, with innovative formulations often highlighting glucuronolactone's benefits. 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 segment dominated around USD 153.2 million in 2023 and gained 5.9% CAGR through 2032. The dominance of online retail in the glucuronolactone market can be attributed to the growing preference for convenience and accessibility among consumers. E-commerce platforms provide a wide range of product options, allowing customers to compare prices and read reviews easily.
 

The proliferation of health and wellness trends has led to increased interest in dietary supplements, with online channels serving as a primary source for purchasing glucuronolactone products. This trend is likely to continue as consumers prioritize digital shopping experiences and home delivery services, further entrenching online retail's importance in the distribution landscape.
 

U.S. Glucuronolactone Market Size, 2021 - 2032 (USD Million)

U.S. glucuronolactone market accounted for USD 85.7 million in 2023 and expected to witness 5.7% CAGR till 2032, due to its robust health and wellness trend, a significant consumer base focused on fitness, and increasing demand for energy-boosting supplements. The presence of major dietary supplement and functional beverage companies, along with extensive distribution channels, further solidifies this dominance.
 

Moreover, a growing awareness of the ingredient’s potential health benefits, such as enhanced physical performance and cognitive function, drives consumer interest. Regulatory support and innovation in product formulations tailored to U.S. consumers’ preferences also contribute to the region's leading position in the global glucuronolactone industry.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of glucuronolactone reached USD 434.3 million in 2023 and is estimated to grow at a 5.7% CAGR from 2024 to 2032, driven by increasing demand for energy drinks and functional foods.

The powder segment was valued at USD 283.8 million in 2023 and is anticipated to expand at a 5.8% CAGR during 2024 to 2032, favored for its versatility and ease of formulation in various products.

The U.S. market accounted for USD 85.7 million in 2023 and is expected to witness a 5.7% CAGR until 2032, led by a robust health and wellness trend and a significant consumer base focused on fitness.

The key players in the industry include Aadhunik Industries, Anhui Fubore Pharmaceutical & Chemical, Anmol Chemicals, Foodchem International, FUJIFILM Wako Pure Chemical Corporation, Hubei Yitai Pharmaceutical, Jungbunzlauer, Merck, Muby Chemicals, and Shandong Fuyuan Bio-Tech.

Glucuronolactone Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
 Download Free Sample