PUBLISHER: The Business Research Company | PRODUCT CODE: 1704465
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704465
Glucaric acid, also known as saccharic acid, is a chemical compound derived from the oxidation of glucose. It occurs naturally in small quantities in various fruits and vegetables, including oranges, apples, and broccoli.
The primary types of glucaric acid comprise calcium D-glucarate, pure glucaric acid, D-glucaric acid-1,4-lactone, potassium sodium D-glucarate, and others. Calcium D-glucarate is a combination of glucaric acid and calcium, which aids in detoxification by inhibiting beta-glucuronidase. These compounds find applications across diverse sectors such as detergents, healthcare, food manufacturing, corrosion inhibitors, among others. Sales channels are typically categorized into direct sales and indirect sales.
The glucaric acid market research report is one of a series of new reports from the business research company that provides glucaric acid market statistics, including glucaric acid industry global market size, regional shares, competitors with an glucaric acid market share, detailed glucaric acid market segments, market trends and opportunities, and any further data you may need to thrive in the glucaric acid industry. This glucaric acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The glucaric acid market size has grown strongly in recent years. It will grow from $1.06 billion in 2024 to $1.16 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to pharmaceutical demand, food additive adoption, environmental awareness, government regulations, R&D innovation, sustainable chemical demand, industrial cleaning applications, and personal care product demand.
The glucaric acid market size is expected to see strong growth in the next few years. It will grow to $1.63 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to a focus on a focus on green chemistry, bio-based polymer integration, capacity expansion, diversification in agriculture and textiles, and increased adoption of green packaging solutions. Major trends in the forecast period include glucaric acid in green packaging, bio-based material exploration, sustainable polymer integration, renewable energy applications, biotechnological production methods, eco-friendly construction materials, and collaborative innovation efforts.
The glucaric acid market is poised for growth, driven by the increasing demand for eco-friendly and bio-based chemicals. Eco-friendly and bio-based chemicals are derived from renewable resources using environmentally friendly processes, reflecting a growing concern for sustainability and reduced reliance on fossil fuels. This demand surge is propelled by environmental awareness and regulatory pressures aimed at curbing carbon footprints and pollution. Glucaric acid, serving as a biodegradable alternative, finds application in various eco-friendly and bio-based chemical products such as detergents, corrosion inhibitors, and food additives. For example, the International Energy Agency reported a substantial increase in demand for vegetable oils, waste, and residue oils and fats, indicating a shift towards biofuel production from 2022 to 2027. This rising demand for eco-friendly chemicals is expected to boost the glucaric acid market.
Key companies in the glucaric acid market are focusing on strategic investments to improve production scalability and efficiency. Strategic investments involve targeted financial commitments designed to achieve long-term objectives, such as enhancing operational capabilities, expanding market presence, or driving innovation in specific business areas. For example, in June 2024, Solugen, a US-based biomanufacturing company, announced it would receive a $214 million loan from the US Department of Energy to fund the construction of a biobased chemical plant in Minnesota. The facility will use enzymatic and chemical processes to produce glucaric acid, gluconic acid, and hydrogen peroxide for industries including concrete, cleaning, agriculture, and oil, contributing to more sustainable and efficient manufacturing methods.
In January 2024, Chr Hansen Holding A/S and Novozymes A/S merged to establish Novonesis as a leading bio solutions partner. This strategic move aims to leverage combined expertise and resources to address global challenges and promote sustainability across various industries, including the production of glucaric acid. Novozymes A/S, a Denmark-based biotechnology company, contributes to the glucaric acid market with its range of bio-based products.
Major companies operating in the glucaric acid market are The Archer Daniels Midland Company, BASF SE, LyondellBasell Industries, Merck KGaA, Koninklijke DSM N.V, Sinochem Group, Roquette Freres SA, Novozymes A/S, Jungbunzlauer Suisse AG, Toronto Research Chemicals Inc, Codexis Inc., Cayman Chemical Company, Tokyo Chemical Industry Co. Ltd, Biosynth Ltd, Chemrez Technologies Inc, Parchem Fine & Specialty Chemicals, Santa Cruz Biotechnology Inc, Rennovia Inc, Alfa Chemistry, Rivertop Renewables, Haihang Industry Co Ltd, CHEMOS GmbH & Co KG, AK Scientific Inc, Kalion Inc, PMP Inc, Shandong Baovi Energy Technology Co Ltd, Otto Chemie Pvt Ltd, Glentham Life Sciences Limited
North America was the largest region in the glucaric acid market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glucaric acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the glucaric acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The glucaric acid market consists of sales of L-glucaric acid, meso-glucaric acid, and glucaric acid dimers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Glucaric Acid Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on glucaric acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for glucaric acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The glucaric acid market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.