Glutathione market outlook is expected to majorly transform over 2019-2025 due to rising demands for skincare products as well as growing health concerns due to the prevalence of lung and heart problems caused by unhealthy lifestyle and deteriorating air quality.
Glutathione is extensively used for producing supplements and rising trend of supplement intake across the globe will proliferate glutathione market share. Due to detoxifying and oxidative stress reducing properties these supplements have been found to be effective in treating health and skin issues and enable the human body to withstand foreign bodies.
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Glutathione is a powerful antioxidant found in every cell in the body and is made up of amino acids. Amino acids combine in different patterns to constitute proteins in the body. Glutathione is unique because it is produced in the liver unlike other antioxidants. It helps to synthesize chemicals and proteins in the human body, which further boosts immunity and cure diseases.
UK oxidized glutathione market would surpass over USD 2.5 million by the end of 2025. Improving standard of living while rising consumption of nutraceuticals with escalating e-commerce activities have led to increased GSSH demand. The product owing to its high antioxidant nature is used for manufacturing oral and intravenous supplements. It maintains the activity of vitamins E and C thus, stimulating market growth.
Increasing consumer health consciousness to prevent chronic diseases will escalate GSH market. It helps to amalgam chemicals and proteins in human body thereby, curing diseases and boosting immunity. Increasing heart and lung issues due to deteriorated air quality and unhealthy lifestyle will foster industry growth.
GSH market from pharmaceutical application is anticipated to surpass USD 36.5 million by the end of 2025. The product is used in pharmaceutical drugs owing to its tissue repairing and building nature. It is utilized for treating diseases including anaemia, asthma, and cataract. The product helps in preventing formation of high molecular weight protein aggregates thus, aids in treating cataract. Escalating R & D activities to generate more efficient drugs will fuel industry growth.
Due to wide ranging pharmaceutical application, the U.S. glutathione market value is estimated to exceed $20 million by the end of the forecast timeline. Increasing R&D activities in the country to utilize the product more efficiently in drug formulation is expected to propel the regional glutathione industry growth.
The rise in demand of glutathione in cosmetics is anticipated to boost glutathione market growth. Glutathione is an effective antioxidant and plays an important role in DNA synthesis and repair, amino acid transport, enzyme activation and protein synthesis. Moreover, glutathione products are now massively used for skin whitening purposes, that are largely marketed via social media. Internet penetration and demand for skin whitening as well as anti-aging products are expected to augment glutathione market size.
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Canada glutathione market from nutraceutical application may witness steady gains over 5% by 2025. Nutraceuticals are widely utilized by youngsters owing to delaying aging process, preventing chronic diseases, and providing the essential nutrient intake. Rising prevalence of health issues including obesity, blood pressure, and diabetes have driven nutraceutical market growth which in turn will propel GSH demand.
Global glutathione market share is competitive and moderately fragmented with key industry players including Xi'an Fengzu Biological Technology Co., Ltd, Anhui Bio-Technology Co.,LTD, Herbo Nutra, Kyowa Hakko Bio Co., Ltd., and Cayman Chemical Company. Companies are focusing on intensifying their market share through mergers & acquisition, joint ventures, and partnerships. Increasing manufacturers investments in technological advancement and R&D activities for product expansion may fortify market growth.
Glimpse of Table of Content (ToC)
Chapter 3 Glutathione Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor Matrix
3.3.2 Distribution channel analysis
3.4 Technology Landscape
3.5 Raw material analysis
3.6 Regulatory landscape
3.6.1 U.S.
3.6.2 Europe
3.6.3 China
3.7 Pricing analysis
3.8 Pricing analysis
3.9 Industry impact forces
3.9.1 Growth drivers
3.9.1.1 North America: Growth of pharmaceutical industry may foster market growth
3.9.1.2 Europe: Rising cosmetics & personal care industry may propel product demand
3.9.1.3 Asia Pacific: Growing nutraceutical demand owing to increasing health awareness may foster industry growth
3.9.2 Industry pitfalls & challenges
3.10 Growth potential analysis, 2018
3.9.1 Emerging business model
3.11 Porter’s analysis
3.12 Competitive landscape, 2018
3.12.1 Strategy dashboard
3.13 PESTEL analysis
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