Gluconolactone is another name for glucono delta-lactone, which is a naturally occurring food additive with antioxidant and moisturizing properties. The main applications of gluconolactone are in the form of an acidifier, pickling or sequestrant, leavening and curing agent. It is an important ingredient in food & functioning as an alternative for enzymes in cheese processing or tofu manufacturing. Gluconolactone is also used as a leavening acid in the bakery and bakery products. It also acts as a coagulant in cosmetics products and tofu processing.
MARKET DYNAMICS
The rise in the concern and use of natural cosmetics and skin care products by consumers drives the growth of the gluconolactone market. Besides this, the growing trend in the personal care market for natural products also drives market growth. However, lack of awareness about the benefits of gluconolactone restricts the growth of the market. The wide marketing and application of gluconolactone in the production of feta cheese is expected to drive the growth of gluconolactone market in the near future.
MARKET SCOPE
The "Global Gluconolactone Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the gluconolactone market with detailed market segmentation by grade, end use and geography. The global gluconolactone market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gluconolactone market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global gluconolactone market is segmented on the basis of grade and end use. On the basis of grade, the gluconolactone market is segmented into greater than 97.0%, greater than 98.5%, greater than 99%, 101.0% and 102.0%. The gluconolactone market on the basis of end use is classified into dietary supplements, energy drinks, pharmaceuticals, cosmetics and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global gluconolactone market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gluconolactone market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting thegluconolactone market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gluconolactone market in these regions.
MARKET PLAYERS
The reports cover key developments in the gluconolactone market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from gluconolactone market are anticipated to lucrative growth opportunities in the future with the rising demand for gluconolactone market in the global market. Below mentioned is the list of few companies engaged in the gluconolactone market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the gluconolactone market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Fuso Chemical Company Ltd.
- Hubei Yitai Pharmaceutical Industry Limited Company
- Jungbunzlauer India Pvt. Ltd.
- Merck Millipore
- Roquette Fr?res
- Shandong Baisheng Biotechnology Co. Ltd.
- Shandong Fuyang Biotechnology Co. Ltd.
- Shandong Xinhong Pharmaceutical Industry Limited Company
- Sigma Aldrich
- Xingzhou Medicine Food Co. Ltd.
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