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Report
Glucaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 148 Pages I IMARC Group
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?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Glucaric Acid Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Product
6.1Pure Glucaric Acid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Calcium D-glucarate
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Potassium Sodium D-glucarate
6.3.1 Market Trends
6.3.2 Market Forecast
6.4D-glucaric Acid-1,4-lactone
6.4.1 Market Trends
6.4.2 Market Forecast
6.5Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1Food Ingredients
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Detergents
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Corrosion Inhibitors
7.3.1 Market Trends
7.3.2 Market Forecast
7.4De-icing Applications
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1North 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
8.2Asia-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
8.3Europe
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
8.4Latin 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
8.5Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1Overview
11.2Bargaining Power of Buyers
11.3Bargaining Power of Suppliers
11.4Degree of Competition
11.5Threat of New Entrants
11.6Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1AK Scientific Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2Alfa Chemistry
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3Carbosynth Ltd
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4Cayman Chemical Company
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5CHEMOS GmbH & Co. KG
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6Kalion Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7Merck KGaA
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.8The Archer-Daniels-Midland Company
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
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
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
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