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Glutathione market to cross USD 295 million by 2025
Posted: Nov 25, 2019
Global Glutathione Market is set to grow from its current market value of more than $34.5 million to over $295 million by 2025; according to a new research report by Global Market Insights, Inc.
Increasing organic cosmetics demand for skin lightening and tightening is likely to propel glutathione market growth. The product is added in lotions, skin serums, face packs, and sunscreens. Escalating manufacturing activities to cater rising herbal cosmetics demand will fortify GSH industry.
UK oxidized glutathione market would surpass over USD 2.5 million by the end of 2025. Improving standard of living while rising consumption of nutraceuticals with escalating e-commerce activities have led to increased GSSH demand. The product owing to its high antioxidant nature is used for manufacturing oral and intravenous supplements. It maintains the activity of vitamins E and C thus, stimulating market growth.
Increasing consumer health consciousness to prevent chronic diseases will escalate GSH market. It helps to amalgam chemicals and proteins in human body thereby, curing diseases and boosting immunity. Increasing heart and lung issues due to deteriorated air quality and unhealthy lifestyle will foster industry growth.
GSH market from pharmaceutical application is anticipated to surpass USD 36.5 million by the end of 2025. The product is used in pharmaceutical drugs owing to its tissue repairing and building nature. It is utilized for treating diseases including anaemia, asthma, and cataract. The product helps in preventing formation of high molecular weight protein aggregates thus, aids in treating cataract. Escalating R & D activities to generate more efficient drugs will fuel industry growth.
France GSH market from cosmetic application may witness steady gains over 5.5%. Growing cosmetic industry owing to prevalence of e-commerce activities is likely to boost product demand. GSH is being widely adapted in soaps, body lotions, face cleaners, and creams owing to its wrinkle reduction and lightening. These factors will propel regional GSH demand by 2025.
Increased GSH consumption levels may lead to cramping problems and stomach bloating. This may hamper industry profitability and market price trends in the predicted timeline. However, the product's utilization for curing several diseases including autism and cancer will positively impact industry size.
Reduced GSH market from food application may observe significant gains over 5% by 2025. The product in food products is widely utilized owing to its absorbing nutrients and regulating immune system response properties. Growing geriatric population will drive product consumption as increasing age leads to lower GSH levels thus, propelling market growth.
Canada glutathione market from nutraceutical application may witness steady gains over 5% by 2025. Nutraceuticals are widely utilized by youngsters owing to delaying aging process, preventing chronic diseases, and providing the essential nutrient intake. Rising prevalence of health issues including obesity, blood pressure, and diabetes have driven nutraceutical market growth which in turn will propel GSH demand.
Global glutathione market share is competitive and moderately fragmented with key industry players including Xi'an Fengzu Biological Technology Co., Ltd, Anhui Bio-Technology Co.,LTD, Herbo Nutra, Kyowa Hakko Bio Co., Ltd., and Cayman Chemical Company. Companies are focusing on intensifying their market share through mergers & acquisition, joint ventures, and partnerships. Increasing manufacturers investments in technological advancement and R&D activities for product expansion may fortify market growth.
Source: https://www.gminsights.com/pressrelease/glutathione-market
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