PUBLISHER: IMARC | PRODUCT CODE: 1379088
PUBLISHER: IMARC | PRODUCT CODE: 1379088
Glucaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
The global glucaric acid market size reached US$ 957.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,469.2 Million by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2022-2028. The increasing promotion of sustainable products, rising use of laundry detergents, and the growing sales of personal care and cosmetic products represent some of the key factors driving the market.
Glucaric acid (C6H10O8), also known as polyhydroxy dicarboxylic acid or saccharic acid, is a naturally occurring compound found in various fruits or vegetables, such as oranges, apples, grapes, broccoli, and cabbage. It is also produced by the human body as a metabolite. It aids in improving liver health by eliminating toxic substances from the liver and reducing oxidative stress. It also helps protect against liver damage caused by alcohol consumption and other harmful substances. Its consumption can inhibit the production of beta glucuronidase in the body and minimize the risks of developing cancer. It is used in the manufacturing of bio based chemicals and other derivatives, such as potassium glucarate, sodium glucarate, calcium D-glucarate, and D-glucaric acid lactone.
Glucaric Acid Market Trends:
Due to increasing environmental concerns among the masses, governing agencies of numerous countries are undertaking measures to promote the use of sustainable products. This represents one of the major factors driving the demand for C6H10O8 around the world. Moreover, the rising use of C6H10O8 in cleaning products, such as laundry detergents and dishwashing detergents, on account of its ability to remove hard water stains and prevent buildup, is favoring the growth of the market. In addition, there is an increase in the use of C6H10O8 in the production of personal care and cosmetic products, such as shampoo, conditioner, facial cleanser, toners, moisturizers, sunscreen, foundations, powder, face wash, body wash, and scrubs. It also acts as a chelating agent, which helps remove impurities and improve the skin texture. This, coupled with the growing demand for premium quality personal care and cosmetic products on account of the rising physical consciousness among individuals, is influencing the market positively. Apart from this, there is an increase in the utilization of C6H10O8 as a food additive and flavoring agent for the preparation of various food products and beverages, including fruit juices, protein bars and powders, and sports drinks. This, along with the thriving food and beverage (F&B) industry, is propelling the growth of the market. Furthermore, the growing usage of C6H10O8 in the agricultural industry as a plant growth promoter and fertilizer is creating a favorable outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global glucaric acid market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Product Insights:
Pure Glucaric Acid
Calcium D-glucarate
Potassium Sodium D-glucarate
D-glucaric Acid-1,4-lactone
Others
The report has provided a detailed breakup and analysis of the glucaric acid market based on the product. This includes pure glucaric acid, calcium D-glucarate, potassium sodium D-glucarate, D-glucaric acid-1,4-lactone, and others. According to the report, pure glucaric acid represented the largest segment.
Application Insights:
Food Ingredients
Detergents
Corrosion Inhibitors
De-icing Applications
Others
A detailed breakup and analysis of the glucaric acid market based on the application has also been provided in the report. This includes food ingredients, detergents, corrosion inhibitors, de-icing applications, and others. According to the report, detergents accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for glucaric acid. Some of the factors driving the Asia Pacific glucaric acid market included rising environmental concerns, government initiatives, product innovations, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global glucaric acid market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include AK Scientific Inc., Alfa Chemistry, Carbosynth Ltd, Cayman Chemical Company, CHEMOS GmbH & Co. KG, Kalion Inc., Merck KGaA, The Archer-Daniels-Midland Company., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global glucaric acid market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global glucaric acid market?
- What is the impact of each driver, restraint, and opportunity on the global glucaric acid market?
- What are the key regional markets?
- Which countries represent the most attractive glucaric acid market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the glucaric acid market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the glucaric acid market?
- What is the competitive structure of the global glucaric acid market?
- Who are the key players/companies in the global glucaric acid market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Glucaric Acid Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Pure Glucaric Acid
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Calcium D-glucarate
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Potassium Sodium D-glucarate
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 D-glucaric Acid-1,4-lactone
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Application
- 7.1 Food Ingredients
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Detergents
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Corrosion Inhibitors
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 De-icing Applications
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 AK Scientific Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Alfa Chemistry
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Carbosynth Ltd
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Cayman Chemical Company
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 CHEMOS GmbH & Co. KG
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Kalion Inc.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Merck KGaA
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.8 The Archer-Daniels-Midland Company
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.1 AK Scientific Inc.
List of Figures
- Figure 1: Global: Glucaric Acid Market: Major Drivers and Challenges
- Figure 2: Global: Glucaric Acid Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Glucaric Acid Market: Breakup by Product (in %), 2022
- Figure 5: Global: Glucaric Acid Market: Breakup by Application (in %), 2022
- Figure 6: Global: Glucaric Acid Market: Breakup by Region (in %), 2022
- Figure 7: Global: Glucaric Acid (Pure Glucaric Acid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Glucaric Acid (Pure Glucaric Acid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Glucaric Acid (Calcium D-glucarate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Glucaric Acid (Calcium D-glucarate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Glucaric Acid (Potassium Sodium D-glucarate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Glucaric Acid (Potassium Sodium D-glucarate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Glucaric Acid (D-glucaric Acid-1,4-lactone) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Glucaric Acid (D-glucaric Acid-1,4-lactone) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Glucaric Acid (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Glucaric Acid (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Glucaric Acid (Food Ingredients) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Glucaric Acid (Food Ingredients) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Glucaric Acid (Detergents) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Glucaric Acid (Detergents) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Glucaric Acid (Corrosion Inhibitors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Glucaric Acid (Corrosion Inhibitors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Glucaric Acid (De-icing Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Glucaric Acid (De-icing Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Glucaric Acid (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Glucaric Acid (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: North America: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: North America: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: United States: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: United States: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Canada: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Canada: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Asia-Pacific: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Asia-Pacific: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: China: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: China: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Japan: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Japan: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: India: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: India: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: South Korea: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: South Korea: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Australia: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Australia: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Indonesia: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Indonesia: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Others: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Others: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Germany: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Germany: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: France: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: France: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: United Kingdom: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: United Kingdom: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Italy: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Italy: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Spain: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Spain: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Russia: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Russia: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Latin America: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Latin America: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Brazil: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Brazil: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Mexico: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Mexico: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Middle East and Africa: Glucaric Acid Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Middle East and Africa: Glucaric Acid Market: Breakup by Country (in %), 2022
- Figure 75: Middle East and Africa: Glucaric Acid Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Global: Glucaric Acid Industry: SWOT Analysis
- Figure 77: Global: Glucaric Acid Industry: Value Chain Analysis
- Figure 78: Global: Glucaric Acid Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Glucaric Acid Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Glucaric Acid Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Glucaric Acid Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Glucaric Acid Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Glucaric Acid Market: Competitive Structure
- Table 6: Global: Glucaric Acid Market: Key Players
