Glutathione Market Witnesses High Growth due to Rising Demand for Nutraceuticals
Glutathione is an antioxidant found naturally within the human body. It plays a crucial role in eliminating toxins and maintaining an optimal immune system. The demand for glutathione supplements has increased considerably owing to its ability to fight oxidative stress, protect cells from damage, boost energy levels and support liver health. Glutathione supplements are available in oral tablets, capsules and injected forms.
The global glutathione market is estimated to be valued at US$ 470 million in 2024 and is expected to exhibit a CAGR of 8.8% over the forecast period 2024 to 2031.
Key players operating in the Glutathione Market Demand are Kyowa Hakko Bio, KOHJIN Life Sciences, Shandong Jincheng Biological Pharmaceutical, Kaiping Genuine Biochemical Pharmaceutical.
Key Takeaways
Key players: Key players operating in the glutathione market are Kyowa Hakko Bio, KOHJIN Life Sciences, Shandong Jincheng Biological Pharmaceutical, Kaiping Genuine Biochemical Pharmaceutical.
Key opportunities: Increasing health consciousness and preference for natural ingredients are expected to offer lucrative opportunities for players in the glutathione market. Growing demand from end use industries like nutraceuticals, cosmetics and functional foods & beverages will further boost market growth.
Technological advancements: Technology developments have enabled large scale production of glutathione through fermentation which has improved yields and lowered costs. This is expected to make glutathione supplements more affordable.
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