Glutathione Market: Global Industry Analysis and Forecast (2023-2029)

The Glutathione Market was valued at US$ 2.03 Mn in 2022 and is expected to reached at US$ 4.74 Mn in 2029. Glutathione Market size is expected to grow at a CAGR of 12.87% through the forecast period.
Glutathione Market Overview:
Global Glutathione is an antioxidant and a very small protein composed with three main amino acids like Glutamate, Glycine, and Cysteine. It is a significant antioxidant mainly found in plants, animals, fungi, and some bacteria. Glutathione is used by every cell as well as tissue in the body and prevents damage to important cellular components caused by reactive oxygen species such as free radicals and peroxides. It is produced by the liver and involved in many body processes. Glutathione is involved in tissue building and repair, making chemicals and proteins needed in the body, and in immune system function.To know about the Research Methodology :- Request Free Sample Report

Glutathione (GSH) is an antioxidant in plants, animals, fungi, and some bacteria and archaea. Glutathione is capable of preventing damage to important cellular components caused by reactive oxygen species such as free radicals, peroxides, lipid peroxides, and heavy metals. It is a tripeptide with a gamma peptide linkage between the carboxyl group of the glutamate side chain and cysteine. The carboxyl group of the cysteine residue is attached by normal peptide linkage to glycine.

The report explores the Glutathione Market segments (Type, Application and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Glutathione Market drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Glutathione Market contemporary competitive scenario.
Glutathione Market Dynamics:
COVID-19 Impact on Glutathione Market:

The COVID-19 pandemic has changed the buying pattern of consumers. Measures such as nationwide lockdown have led to buy food and hygiene products. Following the COVID-19 crisis, increasing number of patients are opting for self-medication rather than visiting a doctor. This has led to several people stocking up over-the-counter drugs for symptom relief. Moreover, awareness and interest in the role of preventive health among consumers, has increased demand for products which help in boosting the immunity. This has led to increasing demand for health supplements. The overall increase in demand for pharmaceuticals is expected to drive the market growth of glutathione during the pandemic.

Market Drivers:

The increased consumer spending on skin care and cosmetic products is one of the major drivers for glutathione. The factors such as the higher disposable incomes, rising living standards, and a growing population of working women leads to the growth of the Glutathione Market. The major factors that are contributing significantly in growing the glutathione market share include increased demand from cosmetics and medicine sector, growing industrialization, and technological improvements. The other major driving factor is the antioxidant function.

The both components Glutathione oxidized and Glutathione reduced are rich in antioxidants. The growth driver is detoxification which has surge the demand of Glutathione and is expected to increase the market size during the forecast period. Glutathione based cosmetics are also gaining traction in the market on the account of the various end use applications. For instance, there are numerous benefits of glutathione soaps such that ingredient in it helps in restoring the age, helps in getting rid of the skin darkening and pigmentation problems, helps in maintaining brighter and healthy skin.

The increasing demand for nutricosmetics also drives the growth of the Glutathione Market. Nutricosmetics are oral-based nutritional supplements for beauty and skin health. market is primarily driven by the expansion and consumer awareness in personal grooming coupled with busy lifestyle of the growing urban population. The Nutricosmetics are health products, which are mainly used for the treatment of hair, nail, skin defects, and sun protection. The rising retail shops across the globe, rising popularity of ready to drink nutricosmetics beverages, preference for effective and safe beauty solutions leads to the growth of the Glutathione Market during the forecast period.

Market Restraints:

The high cost of raw materials may hinder the growth of the glutathione market. One of the restraining factors to the market growth is the side effects of glutathione. Glutathione contains milk-based proteins and this can affect the consumers who are allergic to milk or lactose therefore it is recommended for them to avoid consuming these supplements. Continuous consumption of synthetic glutathione such as supplements may alert the human body to stop its own production of glutathione resulting in dependence on synthetic supplements.

The factor such as the depletion of liver glutathione levels (the site of glutathione storage) which devastated to health. This factor is expected to hamper the market growth of glutathione over the forecast period. High capital costs and costs associated with research and development proficiencies, surging geopolitical issues, and strict global trade restrictions may hinder the growth of the Glutathione Market.

Market Opportunities:

Retailers are targeting various food manufactures for the usage of glutathione in food composition to rise the dietary benefits of the particular product, which is estimated to provide a key opportunity of the Glutathione Market. The key benefits of glutathione are antioxidant support, detoxification, immune support, skin brightening and sports nutrition. Rise in demand for glutathione by the food and beverages industry in developed and developing economies are the opportunities which fuel the growth of the Glutathione Market.

Glutathione is a very strong antioxidant, partly because high concentrations can be found in every cell in the body. Researchers have associated low levels with several medical conditions. These are the opportunities which helps to drive the growth of the Glutathione Market.

Market Challenges:

In the human body, glutathione is an essential antioxidant which helps to fight free radicals, detoxifies chemicals that are normally released by the human body, and detoxifies environmental drugs and contaminants. In addition, glutathione, along with the treatment for damaged immune systems or infertility, provides protection against the adverse effects of radiation and cancer chemotherapy. This is the challenge is which faced during the growth of the Glutathione Market. The insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the glutathione market.
Segment Analysis:
Based on Type, the segment L-glutathione is expected to grow with the highest CAGR of xx% during the forecast period. L-glutathione is also known as reduced glutathione. L-glutathione is leading the market, owing to the least expensive, more useful and having less side effects. Reduced glutathione is simply the stable and active form necessary for good health. Rising health concerns among the youngsters’ and body fitness are major driving factors of the l-glutathione segment.

Acetyl-glutathione has the ability to permeate into the membrane of mitochondria where it helps maintain its integrity as well as function. Acetyl-glutathione is also cross the blood-brain barrier allowing it to directly detoxify and protect the brain.

Based on the Application, the pharmaceutical segment is anticipated to grow at the fastest rate during the forecast period, owing to the increasing awareness of glutathione among the people. The pharmaceutical application is essential, owing to the major source of medical innovation and also a heavily regulated industry. Drugs are evaluated for safety, efficacy, and manufacturing quality as a condition of market access. The pharmaceutical industry is started growing during the pandemic as the use of vaccines and medicines increased. The patients which are suffering from the virus are in the need of vaccines and medicines which leads to the growth of the pharmaceutical segment in Glutathione Market.
Regional Insights:
The North America region is expected to witness significant growth at a CAGR of xx% through the forecast period owing to the rising interest from corrective area as well as development in industrialization. The rise demand from different sectors, for example, sustenance and drink is expected to support the market growth in North America region. Europe will emerge with huge growth, due to emergence of huge market players in the particular region. Due to the growing use of glutathione in a variety of industries, including food and drink, cosmetics, and pharmaceuticals the region leads to the growth of the Glutathione Market. Early adoption in the area is a critical factor anticipated during the projected timeframe to accelerate development in the region.

Asia-Pacific is considered to score the highest CAGR for the forecast period high economic growth in the emerging countries, and abundant availability of raw materials. Continuous growth in the manufacturing sector coupled with lucrative manufacturing opportunities offered by this region to foreign players and investors, surging urbanization and industrialization and growth and expansion of various end user industries are some are important driving factors for this region. Consumers are rapidly suffering from diabetes, obesity and skin-related diseases in the area, which accounts for a large number of consumer-related diseases, primarily due to a lack of sufficient diet, a shift in dietary patterns and a hectic daily schedule.

The objective of the report is to present a comprehensive analysis of the Glutathione Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Glutathione Market dynamic, structure by analyzing the market segments and projecting the Glutathione Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Glutathione Market make the report investor’s guide.
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Global Glutathione Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
12.87%
US$ 2.03 Mn
US$ 4.74 Mn


Segments Covered


by Type
L-glutathione
Acetyl-glutathione
by Application
Pharmaceuticals
Cosmetics
Food & beverage
Other


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Glutathione Market Key Players are:
1. KYOWA HAKKO BIO CO., LTD
2. Parchem Fine & Specialty Chemicals
3. Jarrow Formulas, Inc.
4. NOW Foods
5. Brandon Products Ltd.
6. Shenzhen GSH Bio-tech
7. Kaiping Genuine Biochemical Pharmaceutical
8. Shandong Jincheng Biological Pharmaceutical
9. Kohjin Life Sciences
10. Nissor Pharmaceuticals Ltd.
11. Cayman Chemical
12. Health Biotech Limited
13. Herbo Nutra
14. Meteoric Biopharmaceuticals Pvt. Ltd.
15. Xi'an Fengzu Biological Technology Co., Ltd
16. Viva
17. Amy Myers MD
18. Solgar
19. Lypo-Spheric
20. Tatiomax Glutathione
21. Carlson
22. Max Potency
23. NOW
24. CCL Advanced
25. Omnia
26. Brandon Sciences
27. Puritans
28. Ivory Caps
29. Swanson

Frequently Asked Questions:

1] What segments are covered in the Market report?
Ans. The segments covered in the Glutathione Market report are based on Type and Application.

2] Which region is expected to hold the highest share in the Market?
Ans. North America region is expected to hold the highest share in the Glutathione Market.

3] What is the market size of the Market by 2029?
Ans. The market size of the Glutathione Market by 2029 is expected to reach US$ 4.74 Mn.

4] What is the forecast period for the Market?
Ans. The forecast period for the Glutathione Market is 2023-2029.

5] What was the market size of the Market in 2022?
Ans. The market size of the Glutathione Market in 2022 was valued at US$ 2.03 Mn.