The global gulonic acid market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for food additives and chemical production in various industries. The pharmaceutical grade segment is expected to dominate the global gulonic acid market during the forecast period, due to its wide range of applications in medicine and other industries.
Pharmaceutical Grade: Pharmaceutical grade gulonic acid is used as an active ingredient in medicines such as antibiotics, anti-inflammatory drugs, and antifungal agents. It also finds application in food additives such as preservatives and antioxidants which are used for preserving food products from spoilage or oxidation. Pharmaceutical grade gulonic acid finds application in chemical production such as dyes, perfumes, pesticides, plastics etc, owing to its high purity level and low cost of production compared with other raw materials like petroleum derivatives or natural sources like coal tar or crude oil.
Food Grade: Food grade gulonic acid finds application mainly as a preservative agent that prevents spoilage by inhibiting microbial growth on foods such as cheese or meat products; it also acts as an antioxidant that prevents oxidation reactions on these foods which can lead them into rancidity over time. Gulonolactone has been approved by FDA for use in meat products since 1990s; it has been found that this compound inhibits lipid peroxidation reactions which are responsible for rancidity development on meats over time when exposed to oxygen molecules present in air (oxygen radicals). Food grade gulonolactone is also used extensively by cosmetic companies because it helps protect skin cells against UV radiation damage caused by sunlight exposure; it also helps prevent wrinkles formation on skin surface due to aging process (photoaging).
Some Of The Growth Factors Of This Market:
- The major drivers of the global Gulonic Acid market include increasing demand for natural and organic food products, rising awareness about health benefits of natural and organic food products, and growing demand for functional foods.
- The major restraints on the growth of the global Gulonic Acid market are high production cost associated with manufacturing process and lack of awareness about health benefits associated with natural and organic food products among consumers.
- Increasing number of people suffering from chronic diseases such as diabetes mellitus type 2 (DM2) is also one factor that is driving growth in this market globally as these people are more likely to consume functional foods which contain gulonic acid as an ingredient to manage their condition or improve their quality of life by reducing symptoms or preventing complications related to DM2 such as heart disease, stroke, kidney failure etc, which can be prevented by consuming gulonolactone rich diet like fruits and vegetables that contain gulonolactones naturally or through supplementation with dietary supplements containing gulonolactones like GULO-X® capsules manufactured by Bio-Botanica Inc, a company based out of Canada that specializes in manufacturing dietary supplements containing ingredients derived from plants for use in improving human health conditions related to chronic diseases such as diabetes mellitus type 2 (DM2).
Industry Growth Insights published a new data on “Gulonic Acid Market”. The research report is titled “Gulonic Acid Market research by Types (Pharmaceutical Grade, Food Grade, Industrial Grade), By Applications (Medicine, Food Additives, Chemical Production, Others), By Players/Companies Zhejiang Fanda Fine Chemical, Angene International Limited, Antimex Pharmaceuticals, Watson International Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gulonic Acid Market Research Report
By Type
Pharmaceutical Grade, Food Grade, Industrial Grade
By Application
Medicine, Food Additives, Chemical Production, Others
By Companies
Zhejiang Fanda Fine Chemical, Angene International Limited, Antimex Pharmaceuticals, Watson International Ltd
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Gulonic Acid Market Report Segments:
The global Gulonic Acid market is segmented on the basis of:
Types
Pharmaceutical Grade, 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
Medicine, Food Additives, Chemical Production, Others
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:
- Zhejiang Fanda Fine Chemical
- Angene International Limited
- Antimex Pharmaceuticals
- Watson International Ltd
Highlights of The Gulonic Acid 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:
- Pharmaceutical Grade
- Food Grade
- Industrial Grade
- By Application:
- Medicine
- Food Additives
- Chemical Production
- Others
- 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 Gulonic Acid 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Gulonic acid is a type of organic compound that is found in the body. It helps to form the structure of cells and tissues. Gulonic acid also plays a role in the body's immune system.
Some of the key players operating in the gulonic acid market are Zhejiang Fanda Fine Chemical, Angene International Limited, Antimex Pharmaceuticals, Watson International Ltd.
The gulonic acid market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gulonic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gulonic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gulonic Acid Market - Supply Chain
4.5. Global Gulonic Acid Market Forecast
4.5.1. Gulonic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gulonic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gulonic Acid Market Absolute $ Opportunity
5. Global Gulonic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gulonic Acid Market Size and Volume Forecast by Type
5.3.1. Pharmaceutical Grade
5.3.2. Food Grade
5.3.3. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gulonic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gulonic Acid Market Size and Volume Forecast by Application
6.3.1. Medicine
6.3.2. Food Additives
6.3.3. Chemical Production
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gulonic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gulonic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gulonic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gulonic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gulonic Acid Demand Share Forecast, 2019-2026
9. North America Gulonic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gulonic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gulonic Acid Market Size and Volume Forecast by Application
9.4.1. Medicine
9.4.2. Food Additives
9.4.3. Chemical Production
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gulonic Acid Market Size and Volume Forecast by Type
9.7.1. Pharmaceutical Grade
9.7.2. Food Grade
9.7.3. Industrial Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gulonic Acid Demand Share Forecast, 2019-2026
10. Latin America Gulonic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gulonic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gulonic Acid Market Size and Volume Forecast by Application
10.4.1. Medicine
10.4.2. Food Additives
10.4.3. Chemical Production
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gulonic Acid Market Size and Volume Forecast by Type
10.7.1. Pharmaceutical Grade
10.7.2. Food Grade
10.7.3. Industrial Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gulonic Acid Demand Share Forecast, 2019-2026
11. Europe Gulonic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gulonic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gulonic Acid Market Size and Volume Forecast by Application
11.4.1. Medicine
11.4.2. Food Additives
11.4.3. Chemical Production
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gulonic Acid Market Size and Volume Forecast by Type
11.7.1. Pharmaceutical Grade
11.7.2. Food Grade
11.7.3. Industrial Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Gowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gulonic Acid Demand Share, 2019-2026
12. Asia Pacific Gulonic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gulonic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gulonic Acid Market Size and Volume Forecast by Application
12.4.1. Medicine
12.4.2. Food Additives
12.4.3. Chemical Production
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gulonic Acid Market Size and Volume Forecast by Type
12.7.1. Pharmaceutical Grade
12.7.2. Food Grade
12.7.3. Industrial Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gulonic Acid Demand Share, 2019-2026
13. Middle East & Africa Gulonic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gulonic Acid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gulonic Acid Market Size and Volume Forecast by Application
13.4.1. Medicine
13.4.2. Food Additives
13.4.3. Chemical Production
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gulonic Acid Market Size and Volume Forecast by Type
13.7.1. Pharmaceutical Grade
13.7.2. Food Grade
13.7.3. Industrial Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gulonic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gulonic Acid Market: Market Share Analysis
14.2. Gulonic Acid Distributors and Customers
14.3. Gulonic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zhejiang Fanda Fine Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Angene International Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Antimex Pharmaceuticals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Watson International Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
