Market Overview:
The global glucono delta lactone market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for glucono delta lactone from various applications such as tofu solidifier, dairy gelling agent, quality improver, acidifying agent and others. Additionally, the growing demand for food grade glucono delta lactone is also contributing to the growth of the market. However, stringent regulatory norms regarding food additives might hamper the growth of this market during the forecast period.
Product Definition:
Glucono delta lactone is a white, odorless, and slightly sweet-tasting crystalline powder that is used as a food additive. It can be found in some dairy products and fermented foods. Glucono delta lactone is also used as a chelating agent in pharmaceuticals and cosmetics. Chelating agents are substances that bind to metal ions, making them unavailable for reactions that could produce harmful or unwanted results.
Food Grade:
Food grade is the product that meets all the food safety and quality standards. It can be used in any food products such as meat, poultry, seafood, dairy products and processed foods. Food-grade glucono delta lactone (FDG) has a wide range of applications in various types of foods including ice creams, baked goods flavorants and others.
Industrial Grade:
Industrial grade is a high purity form of the product, which is used in various end-use industries such as pharmaceuticals and food & beverages. It has a wide range of applications in these industries owing to its unique properties such as low viscosity, water solubility, heat stability and high yield.
Application Insights:
The global demand for tofu has witnessed a rise in recent years owing to its high protein content and healthy amino acid profile. The growing health awareness among consumers is expected to positively influence the product demand over the forecast period. Tofu solidifier application segment accounted for more than 35% of the overall market revenue share in 2017, which indicates a steady growth trend on account of rising consumer preference for low-fat products.
Tofu is produced by coagulating soy milk with an alkali agent such as calcium hydroxide or magnesium hydroxide thereby forming curdled milk solids that can be further processed into various food forms including cheese, tempeh and others. Acidifying agents are also used during tofu production process as it helps maintain pH balance during cheese making resulting in improved quality of end products such as paneer, cottage and other varieties.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to growing demand for g-dl from various end-use industries, such as food & beverage and pharmaceuticals, coupled with increasing population and rising living standards. The region is expected to maintain its dominance over the forecast period owing to continuous industrialization along with rapid urbanization and changing lifestyles resulting in increased demand for packaged foods across emerging economies including China, India, Thailand among others.
Europe was the second largest regional segment followed by North America on account of presence of key manufacturers coupled with high consumer awareness regarding health & hygiene issues due to stringent regulations by regulatory bodies like FDA etc., affecting product usage patterns are anticipated to drive industry growth over next eight years globally.
Growth Factors:
- Increasing demand for Glucono Delta Lactone in food and beverage industry as a preservative and flavoring agent.
- Rising awareness about the benefits of Glucono Delta Lactone among consumers for its health benefits such as weight loss, anti-inflammatory properties, etc.
- Growing popularity of gluten-free and organic foods that require Glucono Delta Lactone for fermentation process.
- Technological advancements in food processing industry that has led to the increased use of Glucono Delta Lactone as a flavor enhancer and stabilizer in processed foods products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glucono Delta Lactone Market Research Report
By Type
Food Grade, Industrial Grade
By Application
Tofu Solidifier, Dairy Gelling Agent, Quality Improver, Acidifying Agent, Other
By Companies
BASF SE, Arkema Group, Huntsman International LLC, Clariant, Chembo Pharma, JungBunzlauer, RUTGERS Group, AK Scientific, BASF SE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Glucono Delta Lactone Market Report Segments:
The global Glucono Delta Lactone market is segmented on the basis of:
Types
Food Grade, Industrial Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tofu Solidifier, Dairy Gelling Agent, Quality Improver, Acidifying Agent, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Arkema Group
- Huntsman International LLC
- Clariant
- Chembo Pharma
- JungBunzlauer
- RUTGERS Group
- AK Scientific
- BASF SE
Highlights of The Glucono Delta Lactone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Industrial Grade
- By Application:
- Tofu Solidifier
- Dairy Gelling Agent
- Quality Improver
- Acidifying Agent
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glucono Delta Lactone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Glucono Delta Lactone is a sugar alcohol that is found in dairy products and other foods. It has a sweet taste and can be used as an artificial sweetener.
Some of the major players in the glucono delta lactone market are BASF SE, Arkema Group, Huntsman International LLC, Clariant, Chembo Pharma, JungBunzlauer, RUTGERS Group, AK Scientific, BASF SE.
The glucono delta lactone market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glucono Delta Lactone Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Glucono Delta Lactone Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Glucono Delta Lactone Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Glucono Delta Lactone Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Glucono Delta Lactone Market Size & Forecast, 2020-2028 4.5.1 Glucono Delta Lactone Market Size and Y-o-Y Growth 4.5.2 Glucono Delta Lactone Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tofu Solidifier
6.2.2 Dairy Gelling Agent
6.2.3 Quality Improver
6.2.4 Acidifying Agent
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glucono Delta Lactone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Glucono Delta Lactone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Industrial Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tofu Solidifier
9.10.2 Dairy Gelling Agent
9.10.3 Quality Improver
9.10.4 Acidifying Agent
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Industrial Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tofu Solidifier
10.10.2 Dairy Gelling Agent
10.10.3 Quality Improver
10.10.4 Acidifying Agent
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Industrial Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tofu Solidifier
11.10.2 Dairy Gelling Agent
11.10.3 Quality Improver
11.10.4 Acidifying Agent
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Industrial Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tofu Solidifier
12.10.2 Dairy Gelling Agent
12.10.3 Quality Improver
12.10.4 Acidifying Agent
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Industrial Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tofu Solidifier
13.10.2 Dairy Gelling Agent
13.10.3 Quality Improver
13.10.4 Acidifying Agent
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Glucono Delta Lactone Market: Competitive Dashboard
14.2 Global Glucono Delta Lactone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Arkema Group
14.3.3 Huntsman International LLC
14.3.4 Clariant
14.3.5 Chembo Pharma
14.3.6 JungBunzlauer
14.3.7 RUTGERS Group
14.3.8 AK Scientific
14.3.9 BASF SE