As per the latest report, the worldwide glutathione market value is expected to grow from USD 359.0 million in 2023 to USD 845.0 million by 2033. Over the forecast period, global glutathione demand is predicted to increase at a CAGR of 8.2%
Growing awareness about antioxidants and overall health benefits is a key factor that will likely increase the demand and be a growth factor for the glutathione industry. Similarly, rising demand for anti-aging products like glutathione due to their supporting cellular health and skin-lightening properties is set to boost the market during the forecast period.
Glutathione’s antioxidant properties make it versatile in various end-use applications like nutritional supplements, sports nutrition, cosmetics, skincare, and more. This contributes to its popularity and is expected to boost the sales of glutathione.
To increase brand preference and sales, glutathione manufacturers are adopting different strategies. These include investing in research and development and launching new glutathione-formulations that meet specific end-user demand.
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Continuous innovation is helping companies to build a strong brand image by offering unique solutions to consumers. These new product launches are expected to boost the global glutathione market.
For example, CJ Food & Nutrition Tech launched its functional nutrition brand Active Nrich. The new solution will be produced by natural fermentation containing glutathione as its key ingredient, which can be used as raw material for various health foods.
Key Takeaways from the Glutathione Report:
- The global glutathione market is expected to reach a valuation of US$ 845.0 million by 2033.
- Global demand for glutathione is likely to soar at 8.2% CAGR over the forecast period.
- By product type, the reduced glutathione (GSH) segment is set to total US$ 98.6 million in 2033.
- Based on product form, the oral capsules or tablet segment is expected to thrive at 5.9% CAGR through 2033.
- By end-use application, the nutraceutical supplement segment is poised to exhibit a CAGR of 7.8% through 2033.
- Europe is set to hold a prominent value share of 23.8% in the global market by 2033.
- China glutathione market value is set to total US$ 56.7 million by 2033.
- Sales in the United States are anticipated to climb at a CAGR of 6.8% during the assessment period.
Who is Winning?
Kyowa Hakko Bio Co., Ltd., Shandong Jincheng Bio-pharmaceutical Co., Ltd., KOHJIN Life Sciences, Now Foods, Mitsubishi Corporation Life Science Limited, Bachem, Lypo-Spheric, Ajinomoto Group, and Atrium Innovations are key glutathione manufacturers listed in the profile.
These companies are focusing on expanding their portfolios by launching new products. They are also implementing strategies like acquisitions, partnerships, advertisements, agreements, and mergers to stay relevant in the market. For instance,
- In 2021, ForeWin launched a new product range, Saejin White, a capsule product that combines active ingredients and nourishes the skin from the inside out.
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Key Companies Profiled
- Kyowa Hakko Bio Co., Ltd.
- Shandong Jincheng Bio-pharmaceutical Co., Ltd.
- KOHJIN Life Sciences
- Now Foods
- Mitsubishi Corporation Life Science Limited
- Bachem
- Lypo-Spheric
- Ajinomoto Group
- Atrium Innovations
Glutathione Market Outlook by Category
By Product Type:
- Reduced Glutathione (GSH)
- Oxidized Glutathione (GSSG)
- Liposomal Glutathione
- N-acetylcysteine (NAC)
- S-Acetyl Glutathione
By Product Form:
- Oral Capsules or Tablets
- Lozenges
- Liquids
- Intravenous (IV) Glutathione
- Topical Creams
- Inhalation
By End-use Application:
- Nutritional Supplements/ Nutraceutical Supplements
- Skin Care
- Respiratory Health
- Intravenous (IV) Therapy
- Sports Nutrition
- Chronic Illness Management
- Cosmetics
- Food Preservation
- Pharmaceuticals
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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