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Glucuronolactone Market Size

Report ID: GMI12076 Published Date: October 2024Report 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.

 

Glucuronolactone Market

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.

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.

Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

How big is the glucuronolactone market?+

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.

What is the size of the glucuronolactone powder segment?+

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.

How much is the U.S. glucuronolactone industry worth?+

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.

Who are the major players in the glucuronolactone market?+

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

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