Global Copper Gluconate Market Report and Forecast 2024-2032

Global Copper Gluconate Market Size

The global copper gluconate market is being aided by the growth of the dietary supplements industry. The global dietary supplements market is expected to grow in the forecast period of 2024-2032 at a CAGR of 7% to reach USD 362.87 billion by 2032.

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Growing Health Consciousness to Drive the Demand for Copper Gluconate

Copper gluconate is often ingested in small doses as a dietary copper supplement. In certain developed countries, diet and health-conscious individuals are increasing the frequency of blood tests and vitamins screening to ensure that they are receiving enough nutrition. Maintaining optimum levels of necessary vitamins and minerals are instrumental in developing one’s immunity, a matter that has become increasingly important due to the COVID-19 pandemic.

North America is currently one of the leading regions in the copper gluconate industry, and this is expected to persist during the forecast period of 2024-2032. However, the steadily rising demand in the Asia Pacific is expected to contribute significantly to the growth of the overall market during this period.

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Copper Gluconate Industry Segmentation

Copper gluconate is an odourless compound with a light blue or blue-green colour. It is usually obtained in a crystalline or powdery form. It is an ionic compound that is easily soluble in water and is the copper salt of D-gluconic acid. It is commercially produced most often by the reaction of gluconic acid with copper salts, such as cupric oxide or cupric carbonate.

Copper gluconate is available in the following grades:

• Pharma Grade
• Food Grade
• Others

The market can be broadly categorised on the basis of its applications into:

• Food and Beverage
• Pharmaceuticals
• Dietary Supplements
• Cosmetic and Personal Care
• Animal Feed
• Others

The EMR report looks into the regional markets of copper gluconate like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Prevalence of Heart Disease to Increase the Demand for Copper Gluconate Supplements

Cardiac disease is the leading cause of death in the U.S. and in several other countries. Due to the role of copper in maintaining heart rates, ensuring healthy levels of copper in the bodies of heart patients is essential. Thus, the increasing occurrence of cardiac disease is increasing the production capacity of copper gluconate supplements.

As certain segments of the global population increase their consumption of junk food, the number of vitamin deficiencies is growing steadily. Additionally, eating disorder rates are rising among youth, and these factors are expected to provide healthy growth to the dietary supplements industry, indirectly driving demand for copper gluconate.

Key Industry Players in the Global Copper Gluconate Market

The report presents a detailed analysis of the following key players in the global copper gluconate market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Jost Chemical Co.
• Liaoyang Fuqiang Food Chemical Co., Ltd.
• Fuso Chemical Co., Ltd.
• Salvi Chemical Industries Ltd.
• Shandong Xinhong Pharmaceutical Co., Ltd.
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report