Glutathione Market Growth Accelerated By Rising Adoption In Personal Care And Nutraceutical Industry

Glutathione is an antioxidant found in plants, animals, fungi, and humans that plays an important role in cellular function. It is widely used in personal care products and nutraceuticals for its anti-aging properties. Glutathione based cosmetics and supplements aim to inhibit melanin production, treat acne, reduce signs of aging, boost immunity, and promote overall health and wellness.

The global Glutathione Market is estimated to be valued at US$ 320 million in 2023 and is expected to exhibit a CAGR of 26% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The glutathione market growth is being accelerated by rising demand from the personal care and nutraceutical industries. Glutathione is being increasingly added to anti-aging creams, lotions, and serums due to its potent anti-oxidative properties that reduce signs of aging like wrinkles, dark spots and fine lines. Many beauty brands are launching new product ranges containing glutathione to attract health conscious consumers. Simultaneously, the nutraceutical industry is experiencing high demand for glutathione based dietary supplements as consumers are more focused on preventive healthcare and boosting immunity. This is expected to drive the need for naturally sourced glutathione over the forecast period. With continued new product launches and increased consumer awareness about the benefits of glutathione, its demand is projected to grow substantially in the coming years.

Segment Analysis

The global glutathione market is bifurcated into l-glutathione and reduced glutathione. Among these, the reduced glutathione segment holds a larger share because it is water soluble and stable form of glutathione that delivers superior antioxidant properties. Reduced glutathione acts as a co-factor in detoxification of metabolic products and is involved in intracellular transport of amino acids and fatty acids. It helps protect cells from reactive oxygen species and lipid peroxidation.

Key Takeaways

The Global Glutathione Market Demand is expected to witness high growth.

Regional analysis: The Asia Pacific region currently dominates the market and is expected to grow the fastest during the forecast period. Countries like China, India and Japan are major markets due to presence of large pharmaceutical industries and high health awareness. Additionally, increasing per capita income allows people to spend more on healthcare and nutritional supplements.

Key players operating in the glutathione market are Kyowa Hakko, KOHJIN Life Sciences Co.Ltd, Shandong Jincheng Biological Pharmaceutical Co. Ltd., Swanson Health Products Inc., and Kirkman. Kyowa Hakko and KOHJIN Life Sciences are the frontrunners in the glutathione market owing to their diverse product portfolios and strong distribution networks across regions.

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