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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Gluconolactone Market Growth
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.
Gluconolactone Market Report Snapshots
*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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Key Questions Answered in the Report
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