Growth Drivers
Increasing Application of Glutathione In End Use Industries
Glutathione is commonly used in pharmaceuticals products, healthcare products, cosmetics, food additives, and various other products. Glutathione is majorly used in the pharmaceutical industry for the treatment of the liver. Consumption of glutathione products is growing significantly owing to its characteristic to improve bodies' immunity by stimulating lymphocytes. It is widely used in personal care products such as soaps, lotions, and creams owing to its wrinkle reduction and skin lightening property. On the back of increasing consumer awareness about the benefits of the glutathione products and the rise in disposable income, the demand for glutathione is estimated to fuel up in the years to come. Moreover, glutathione is used in prescription drugs on the back of its tissue repairing property.
Rising Prevalence Of Diseases In Geriatric Population
Rising prevalence of health problems, including obesity, blood pressure, and diabetes, has driven nutraceutical market growth, which is anticipated to boost demand for glutathione nutraceutical products that control and manage these diseases. Moreover, the demand for glutathione nutraceutical products is increasing by the young and adult consumers as it helps in wrinkle reduction and prevents chronic diseases. These factors are anticipated to drive the growth of glutathione market during the forecast period.
Challenges
Side Effects Of Glutathione
One of the significant challenges that affects the growth of the glutathione market is the side effects that comes along with it. Glutathione contains milk-based proteins, which can affect consumers who are lactose intolerant. This factor is anticipated to act as a key restraint factor to the growth of glutathione market during the forecast period.
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
6.9% |
Base Year Market Size (2023) |
USD 235.72 million |
Forecast Year Market Size (2036) |
USD 561.19 million |
Regional Scope |
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Author Credits: Radhika Pawar
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