Global Gluconolactone Market Report and Forecast 2022-2027

Global Gluconolactone Market Report and Forecast 2022-2027

Market Outlook

According to the report by Expert Market Research (EMR), the global gluconolactone market is projected to grow at a CAGR of 6.7% between 2022 and 2027.

Gluconolactone, a powdery substance and a naturally-occurring food additive, is obtained from gluconic acid that is naturally produced by animals and mammals. The product can also be obtained from corn commercially. Owing to its several benefits, it is widely used as an acidifier, leavening, and a curing or pickling agent, and a preservative across industries.

Gluconolactone, as an ingredient, is used in a range of personal care products, such as moisturisers, sunscreen, facial cleansers, and conditioners, among other items. It is widely used in the cosmetics and personal care sector owing to its exceptional moisture-retaining and hydrating properties. This can be attributed to the presence of water-attracting hydroxyl groups in gluconolactones. It acts as a mild exfoliator and helps in the removal of dead cells from the outermost layer of the skin. These characteristics of gluconolactone make it a desirable product in the formulation of premium skin care products to provide brighter and smoother skin. The gluconolactone market is being aided by the rapid expansion of the personal care sector, especially in developing countries like India and China.

In addition, various studies have shown that the ingredient offers UV protection, is effective at fighting acne, and is not a strong skin irritant. Gluconolactone helps reduce the appearance of fine lines as well as discoloration. Being a chelating agent, it binds toxic ingredients present in the body and helps get rid of them. As a result, it is often considered as next-generation AHAs (alpha hydroxy acid) owing to its close proximity to PHAs in terms of chemical structure and skin benefits, but without causing skin irritation like PHAs.

In the food and beverages sector, gluconolactone is commonly used as a curing and pickling agent, a medium to control and maintain pH levels, and as a leavening agent. Several manufacturers are investing in developing certified and quality product to meet the approved standards for the ingredient. The gluconolactone market is likely to benefit from the increasing consumer demand for processed and ready-to-eat food products and functional beverages. Over the forecast period, the rapid expansion of the food and beverages sector, as a result of the increasing consumer disposable incomes and changing food habits, is expected to significantly contribute to the gluconolactone market growth.

Moreover, as the product can also be sourced naturally, it is witnessing an increased demand. Besides the already mentioned sources, it is naturally present in honey, fruit, and wine also. The increasing demand for sustainable and clean products is likely to favour the growth of the gluconolactone market. With the growing sustainability trends and the increasing consumer shift towards better-for-you ingredients, manufacturers are likely to enhance their formulations, production techniques, and capacity to meet the evolving demands. Used as an API (Active Pharmaceutical Ingredient), gluconolactone is likely to witness an increased demand in the pharmaceutical sector in the coming years.

Market Segmentation

The global gluconolactone market has been divided on the basis of its sources, end uses, and major regions.

Market Breakup by Sources

• Synthetic
• Natural

Market Segmentation by End Use

• Food and Beverages
• Cosmetics and Personal Care
• Pharmaceuticals
• Animal Feed
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments of the leading companies in the market. Some of the major players explored in the report by Expert Market Research are as follows:

• Roquette Frères
• Jungbunzlauer Suisse AG
• Fuso Chemical Co., Ltd.
• Shandong Baisheng Biotechnology Co., Ltd.
• Global Calcium Private Limited
• Fengchen Group Co., Ltd
• Others

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.