0 likes | 1 Views
The global glucuronolactone market was valued at USD 434.3 million in 2023 and is estimated to grow at a CAGR of over 5.7% from 2024 to 2032. Glucuronolactone is gaining increasing acceptance for use in supplements and beverages and other products. It is especially valued in energy drinks, weight-loss products, and pre-workout supplements for its claimed abilities to boost energy and cognitive levels and speed up detoxification. With the increased popularity and sales of energy supplements comes the responsibility of manufacturers to alter their formulations to cleaner ones.
E N D
Glucuronolactone Market Size to Reach USD 711.9 Mn by 2034 Global Market Insights Inc.
Overview of Glucuronolactone Market ➢ The global glucuronolactone market reached a valuation of USD 434.3 million in 2023 and is projected to grow at a CAGR exceeding 5.7% from 2024 to 2032. ➢ As demand rises across various industries, glucuronolactone has found broad application in dietary supplements and functional beverages, where it is valued for its ability to boost energy, enhance cognitive performance, and support detoxification. Market growth is further fueled by shifting consumer preferences towards natural and clean-label products, motivating manufacturers to integrate glucuronolactone into new formulations. ➢ The increasing popularity of fitness and wellness trends, combined with a greater awareness of functional ingredients, has contributed significantly to its growth in the sports nutrition market. This heightened interest in health-oriented products is expected to expand the scope of glucuronolactone applications over the coming years, paving the way for more innovative product development in various health-focused sectors. Global Market Insights Inc.
Continue… ➢ In 2023, the powder form of glucuronolactone dominated with a market share of USD 283.8 million, anticipated to grow at a 5.8% CAGR from 2024 to 2032. The powder segment is particularly favored for its versatility, which allows easy integration into dietary supplements and other health products. In addition, powdered glucuronolactone offers better shelf stability and longevity, providing manufacturers with a cost- effective ingredient for a range of applications. The market segment linked to functional beverages also performed robustly, holding a value of over USD 165.7 million in 2023, with an expected CAGR of 5.8% through 2032. The demand for energy-boosting products aligns with consumer trends toward active lifestyles, where glucuronolactone is incorporated for its capacity to enhance endurance and combat fatigue. ➢ The U.S. market also demonstrated strong performance, with a valuation of USD 85.7 million in 2023 and an anticipated 5.7% CAGR through 2032. This growth is driven by high consumer interest in wellness and fitness products, alongside a robust distribution network and innovations tailored to U.S. consumer preferences. ➢ Notable participants in the glucuronolactone market include Aadhunik Industries , Anhui Fubore Pharmaceutical & Chemical , Anmol Chemicals , Foodchem International , FUJIFILM Wako Pure Chemical Corporation, Hubei Yitai Pharmaceutical , Jungbunzlauer , Merck , Muby Chemicals , Shandong Fuyuan Bio-Tech Global Market Insights Inc.
Browse Full Research Report On Glucuronolactone Market @ https://tinyurl.com/3e7p57ja Request for a sample of this research report @ https://tinyurl.com/ydf7vtru Global Market Insights Inc.
Stay In Touch Website: www.gminsights.com Social Media: C:\Users\acer\Desktop\icons-842861_960_720.png C:\Users\acer\Desktop\icons-847272_960_720.png C:\Users\acer\Desktop\icons-842858_960_720.png C:\Users\acer\Desktop\icons-842893_960_720.png Global Market Insights Inc.