Glutathione Market Trends

  • Report ID: 2802
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Glutathione Market Trends

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.

Glutathione Market: Key Insights

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

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 2802
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of glutathione is assessed at USD 248.73 million.

Glutathione Market size was over USD 235.72 million in 2023 and is projected to reach USD 561.19 million by 2036, witnessing around 6.9% CAGR during the forecast period i.e., between 2024-2036.

North America industry is expected to hold largest revenue share by 2036, due to increasing awareness among the region's consumers about the antioxidant property of glutathione supplement.

The major players in the market are Kyowa Hakko Bio Co., Ltd., Parchem Fine & Specialty Chemicals, Nissor Pharmaceuticals, Merck KGaA, Shenzhen GSH Bio-Technology Co., Ltd., Shandong Jincheng Biological Pharmaceutical Co., Ltd., Jarrow Formulas, Inc., and others.
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