The Gluconolactone market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Gluconolactone also known as Glucono delta-lactone is a naturally occurring food additive with moisturizing and antioxidant activity.
In the foreseeable future the cosmetic market is growing rapidly and shows no sign of decrease. Skin care products, sun protection and anti-aging products remain the main driving forces in this market.
As gluconolactone is a natural and naturally occurring ingredient, approved by the FDA for use in number of applications. This ingredient has a wide scope in the cosmetics market and can be found in number if serums and creams which functions to reduce the appearance of wrinkles and fine lines.
Growth of this market is evident from the fact that gluconolatone is marketed for use in feta cheese. More research is being done on gluconolactone\'s effects on signs of photo aging in the near future.
In the global Gluconolactone market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Jungbunzlauer
Sigma Aldrich
Roquette
Fuyang Biotechnology
Yuanming
Baisheng Biotechnology
Xinhong Pharmaceutical
Xingzhou Medicine Foods
ADM
Fuso Chemical
Market Segment by Product Type:
Jungbunzlauer
Sigma Aldrich
Roquette
Market Segment by Application:
Household
Commercial
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Gluconolactone market for the forecast period 2020 - 2025?
• What are the driving forces in the Gluconolactone market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Gluconolactone industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?