Global Glucuronolactone Market Size Hit USD 586.48 Million at a CAGR of 5.9% in 2030

PRESS RELEASE
Published April 3, 2023

The global glucuronolactone market size was USD 350.1 Million in 2021 and is expected to register a revenue CAGR of 5.9% over the forecast period, according to the latest report by Reports and Data.

Changing lifestyles, internet penetration leading in increased awareness of health and fitness among consumers, and increased usage of glucuronolactone as a detoxifying agent in functional drinks are important drivers driving worldwide glucuronolactone market revenue growth. Glucuronolactone is a chemical that is largely used in the production of energy drinks. It can aid to increase concentration and athletic performance. It is a naturally occurring chemical and a critical constituent in practically all connective tissues generated in modest amounts by the body. Furthermore, it may be synthesised in labs and employed as a performance booster and recovery aid in Food & Beverage (F&B).

Because of its numerous advantages, glucuronolactone is utilised as one of the key constituents in a variety of energy drinks and supplements. It is used in energy drinks because it boosts energy levels when combined with caffeine and taurine. When combined with caffeine and taurine, glucuronolactone improves energy and alertness in people. Furthermore, glucuronolactone powder is used as a supplement to improve alertness, minimise mental weariness, and may be effective in preserving joint and tendon health. Taking a pre-workout energy supplement (a combination of caffeine, taurine, glucuronolactone, beta-alanine, creative, and amino acids) 10 minutes before resistance workouts greatly improved workout performance, according to studies.

Companies profiled in the market report include Hubei Yitai Pharmaceutical Co., Ltd., Shaoxing Marina Biotechnology Co., Ltd, Merck KGaA, Foodchem International Corporation, Foodchem International Corporation, Anhui Fubore Pharmaceutical and Chemical Co., Ltd., Jungbunzlauer Suisse AG, Roquette Frères, Shandong Fuyang Bio-Tech CO.LTD., Actylis, Suzhou Fifth Pharmaceutical Factory Co.

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Market Overview:

The research report assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. The report estimates the market size, market growth, and provides an accurate forecast for the key segments of the market for the forecast period of 2022-2030. The report also covers an in-depth analysis of the key competitors of the market, along with their growth strategies and business expansion plans.

The Glucuronolactone Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Glucuronolactone Market.

Further key findings from the report suggest,

  • The worldwide glucuronolactone market is divided into applications such as preservatives, antioxidants, energy supplements, processing aids and additives, and others. In 2021, the antioxidants section generated the most income. By boosting the glucuronidation detoxifying process, glucuronolactone can protect the liver. D-glucuronolactone decreased liver tissue damage as well as inflammatory markers. It also increased the activity of antioxidant enzymes in the liver (SOD, glutathione, and glutathione peroxidase). Furthermore, it aids in the detoxification of the body from cancer-promoting substances, hormones, and toxins, which is driving revenue growth in this category.
  • According to geographical study, the North American market will account for the greatest revenue share in 2021. Increased desire to live a healthy life, as well as rising demand for healthy energy drinks and supplements as a result of an increase in patients suffering from lifestyle disorders such as diabetes, obesity, and cardiovascular illnesses, are important drivers projected to drive market revenue growth. Furthermore, rising activity by large firms in this region is likely to boost total income. For example, on May 17, 2022, Performance Drink Group, Inc., a growing force in the manufacture of novel sports nutrition and energy beverages, debuted Pro Boost, a brand-new 2 FL OZ (60 ml) zero-calorie, zero-sugar energy supplement drink that incorporates glucuronolactone.
  • PepsiCo acquired USD 550 million in the functional energy drink Celsius on August 2, 2022, as part of a goal to enhance its focus on the energy category and capitalise on an opportunity to collaboratively drive industry development and innovation. A long-term strategic distribution collaboration has also been created between the two companies, with PepsiCo taking over US distribution and upgrading to the position of preferred partner worldwide.

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For the purpose of this report, Reports and Data has segmented the global glucuronolactone industry into type, application, end-use, and region:

  • For the purpose of this report, Reports and Data has segmented the global glucuronolactone industry into type, application, end-use, and region:

Type Outlook (Revenue, USD Billion; 2019-2030)

  • Powder
  • Liquid
  • Tablet/Capsule

Application Outlook (Revenue, USD Billion; 2019-2030)

  • Preservatives
  • Antioxidants
  • Processing Aids & Additives
  • Energy Supplements
  • Others

End-Use Outlook (Revenue, USD Billion; 2019-2030)

  • Dietary Supplements
  • Energy Drinks
  • Pharmaceuticals
  • Cosmetics
  • Functional Food

Regional Outlook (Revenue, USD Billion; 2019-2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Sweden
    • BENELUX
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Israel
    • Rest of MEA

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 Key Advantages of Glucuronolactone Market Report:

  • Identification and analysis of the market size and competition
  • Qualitative and quantitative analysis of the market data
  • Data validated by industry experts after extensive primary and secondary research
  • Extensive regional analysis of the Glucuronolactone industry
  • Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
  • SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
  • Feasibility analysis and investment analysis to enable strategic investment decisions
  • Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Conclusively, all aspects of the Glucuronolactone Market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

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