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Glutathione Market Size

  • Report ID: GMI4147
  • Published Date: Jul 2024
  • Report Format: PDF

Glutathione Market Size

Glutathione Market size was valued at USD 238.31 million in 2023 and is projected to record 7.1% CAGR from 2024 to 2032, driven by its extensive application across various sectors, notably in healthcare and cosmetics. Due to its antioxidant properties, glutathione helps in detoxifying the body while enhancing the immune system and maintaining the cellular health. These benefits are increasing its demand in the medical field, where it is used to treat conditions, such as neurological diseases, cancer, and heart diseases.

 

For instance, in April 2022, Cymbiotica launched a modified glutathione with important nutrients required for almost every biological process in the human body. The increasing awareness about the importance of antioxidants in preventive healthcare and the rising preference for natural and safe health supplements will drive the product uptake.
 

With consumers becoming more conscious about skin health and anti-aging solutions, the demand for products containing glutathione is surging due to their ability to lighten skin, reduce wrinkles and increase skin elasticity. Moreover, there have been continued R&D activities aimed at exploring new medical and cosmetic uses. Natural and organic beauty products have further encouraged manufacturers to include glutathione in their offerings.
 

However, high manufacturing costs and complicated processes are making glutathione supplements and products relatively expensive, putting them out of reach for many consumers. Stringent regulations and international standards for the approval and marketing of glutathione products may also pose a major challenge for manufacturers. Lack of awareness and understanding about the specific benefits of glutathione among consumers is also hindering market growth.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of glutathione reached USD 238.31 million in 2023 and is set to witness 7.1% CAGR from 2024 to 2032, owing to its extensive application across various sectors, notably in healthcare and cosmetics worldwide.

Glutathione industry from the glutathione reduced segment is expected to reach over USD 280.8 million by 2032, due to its superior antioxidant properties and increased stability compared to oxidized counterparts.

North America market is expected to exceed USD 185.6 million by 2032, attributed to advanced healthcare infrastructure and substantial investments in R&D activities in the region.

Herbo Nutra, KOHJIN Life Sciences Co., Ltd., Kyowa Hakko Bio Co., Ltd., Meteoric Biopharmaceuticals Pvt. Ltd., Shandong Jincheng Biological Pharmaceutical Co., Ltd., Xian Fengzu Biological Technology Co., Ltd, and YAOPHARMA, are some of the major glutathione companies worldwide.

Glutathione Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 238
  • Countries covered: 18
  • Pages: 180
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