Glutathione market expands at 8.8% CAGR between 2022 and 2030

Source：ResearchandMarkets Release Date：2023-09-05 464

Food, Beverage & Personal CarePersonal CareOthersPackaging Equipment & MaterialsProcessing EquipmentRaw Materials & Ingredients

Rising demand for beauty and personal care products is expected to drive the global glutathione market.

The global glutathione market is set for substantial growth, with estimates pointing towards an increase from $252.1 million in 2022 to $495 million by 2030, reflecting a CAGR of 8.8%. This according to the 100-plus page report: "Glutathione Market, By product type, By Application, and By Region- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030", which is available at ResearchAndMarkets.com.

Glutathione, a natural antioxidant found in plants, animals, fungi, and bacteria, plays a crucial role in protecting cellular components from damage caused by reactive oxygen compounds like free radicals, peroxides, lipid peroxides, and heavy metals. The commercial production of glutathione involves enzymatic reactions utilizing adenosine triphosphate and three precursor acids—L-glutamic acid, L-cysteine, and glycine. An alternative production method is direct fermentation using sugar as a starting material.

Glutathione finds significant use in skin care products due to its skin-restoring and brightening properties, protecting the skin from visible effects of environmental changes. Rising demand for beauty and personal care products is expected to drive the global glutathione market. Manufacturers are strategically launching new products to expand their portfolios and capture market share.

The primary driver of the global glutathione market is the increasing demand from the food and beverage industries in developed and developing economies. Glutathione's benefits such as antioxidant support, detoxification, immune support, and skin brightening are driving demand. Growing end-use industries, particularly in developing economies, and expanding application areas like beauty and personal care products further propel the market.

Increased demand for sports nutrition and supplements, growing interest in nutraceuticals due to rising health consciousness, major companies' R&D investments, industrialization acceleration, technological advancements, and modernization of production methods contribute to the global glutathione market growth.

This report empowers marketers and decision-makers with insights for product launches, technological advancements, market expansion, and effective marketing strategies. It includes information on potential revenue opportunities and investment propositions and profiles of key players.