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The global gluconolactone market valued at USD 568.39 million in 2023 and is expected to be grow at a CAGR of 6.8% between 2024 and 2032 to be worth USD 1,026.18 million in 2032.
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Based on end use, the cosmetics and personal care industry is one of the leading consumers of gluconolactone. With the growing focus on appearance and hygiene, the demand for cosmetics and personal care products has increased, which is positively impacting the growth of the gluconolactone industry. Owing to its properties like free radicals scavenging, gluconolactone acts as an antioxidant and protects the skin from some of the damaging effects of UV rays. Gluconolactone is one of the most common polyhydroxy acids (PHAs) that works by exfoliating dead skin cells on the surface and provides enhanced surface penetration. PHA, being a gentler ingredient, is ideal for all skin types and is a better alternative over AHA- or BHA-based products, especially for people with sensitive skin type. The food and beverage sector is the other significant end-use sector for the product.
The global market for gluconolactone is dominated by the North America region. The demand is growing in the region due to the increased consumption of cosmetic products and processed food. The Asia Pacific is expected to witness a robust growth over the forecast period owing to the increasing purchasing power of the consumers.
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Gluconolactone, also known as glucono delta-lactone (GDL), is a naturally occurring polyhydroxy acid (PHA), found as a white, odourless crystalline powder in its pure form. It is known for its metal chelating, moisturising, and antioxidant properties. It can also be obtained through the enzymatic oxidation of D-glucose oxidation. It is widely used in the preparation of cosmetic and food products and has been marketed for use in feta cheese.
Based on end use, the industry can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growing demand for processed and packaged food products and functional beverages is expected to drive the demand for gluconolactone for various applications in the food and beverages industry. Further, the growing R&D activities are expected to expand the applications of the product in the food industry. Moreover, the growing health awareness among consumers is driving then demand for food and cosmetic products with natural ingredients. As gluconolactone can also be obtained from the natural source, its adoption is expected to increase in the future. The surge in the pharmaceuticals sector amidst the COVID-19 pandemic is expected to provide enhanced opportunities for the expansion of the industry in the forecast period. However, the adverse impact of the pandemic on the cosmetics and food and beverage industry across the globe is expected to have a significant impact on the market growth over the forecast period.
The report gives a detailed analysis of the following key players in the global gluconolactone market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global gluconolactone market is projected to grow at a CAGR of 6.8% between 2024 and 2032.
The major drivers of the market such as rising disposable incomes, increasing population, rising demand from the cosmetics and personal care industry, growing consumption of processed and packaged food products, rising health consciousness, and the rising pharmaceuticals sector amidst the COVID-19 pandemic, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising R&D activities and growing demand for cosmetic products with natural ingredients.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major end use sectors in the market are food and beverages, cosmetics and personal care, pharmaceuticals, and animal feed, among others.
The major players in the market are Roquette Frères, Jungbunzlauer Suisse AG, Fuso Chemical Co., Ltd., Shandong Baisheng Biotechnology Co., Ltd., Global Calcium Private Limited, and Fengchen Group Co., Ltd, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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