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Glucuronolactone Market Size

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

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Glucuronolactone Market Size

The global glucuronolactone market size 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 increasingly utilized across various applications, particularly in the dietary supplement and functional beverage sectors. Its primary applications include energy drinks, pre-workout supplements, and weight management products, where it is valued for its potential to enhance energy levels, improve cognitive function, and support detoxification. The market is witnessing a notable growth trend as consumer preferences shift towards natural and clean-label products, prompting manufacturers to innovate and incorporate glucuronolactone into formulations.

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Additionally, the rising fitness culture, coupled with a growing awareness of the benefits of functional ingredients, drives demand in the sports nutrition market. This expanding interest is expected to propel the glucuronolactone industry further, leading to increased product development and diversified applications in the coming years.

Glucuronolactone Market Report Attributes
Report Attribute	Details
Base Year:	2023
Glucuronolactone Market Size in 2023:	USD 434.3 Million
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	5.7%
2032 Value Projection:	USD 711.9 Million
Historical Data for:	2021 - 2023
No. of Pages:	235
Tables, Charts & Figures:	165
Segments covered:	Form, Application, Distribution Channel
Growth Drivers:	Increasing demand for energy drinks and functional foods Growing health awareness among consumers regarding dietary supplements Rising popularity of sports nutrition and performance-enhancing products Innovation in product formulations and delivery systems
Pitfalls & Challenges:	Increasing competition from alternative energy-boosting ingredients Potential health concerns and side effects associated with glucuronolactone

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For instance, companies like Red Bull have released numerous glucuronolactone-containing drinks, which might offer enormous potential throughout the projected period. Despite the variety of ingredients, most Energy drinks share the same composition of caffeine, taurine and D-glucuronolactone in varying proportions.

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.