Glutathione Market, by Product Type, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020

Glutathione is a natural antioxidant found in plants, animals, fungi, and some bacteria. The antioxidant helps in preventing damage to cellular components caused by reactive oxygen compounds such as free radicals, peroxides, lipid peroxides, and heavy metals. Commercially, glutathione is produced using enzymatic reaction in presence of adenosine triphosphate and its three precursor acids (L-glutamic acid, L-cysteine, and glycine). Glutathione can also be produced using direct fermentation using sugar as a starting material.

Glutathione is majorly used in skin care products, as it helps in protecting skin from visible effects caused by environmental changes. Glutathione containing skin products offer skin restoring and brightening benefits. Increasing preference for beauty and personal care products is expected to boost the skin care products market growth during the forecast period. For instance, according to the International Trade Administration (ITA), U.S. Department of Commerce, Indian Beauty and Personal Care (BPC) industry was valued at US$ 8 billion in 2016 with a CAGR of 5-6% during the forecast period (2017-2021).

Manufacturers operating in the global glutathione market are focused on various growth strategies such as new product launches in order to expand their product portfolio. For instance, in 2014, EuroPharma, Inc. (manufacturer of dietary supplements) launched Clinical Glutathione, an oral glutathione tablet to improve ratio of glutathione in human body.

Key features of the study:

This report provides in-depth analysis of the global glutathione market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2020 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global glutathione market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Kyowa Hakko Bio Co., Ltd., Shandong Jincheng Biological Pharmaceutical Co., Ltd., KOHJIN Life Sciences Co., Ltd., Shenzhen GSH Bio-Technology Co, Ltd, Kaiping Genuine Biochemical Pharmaceutical Co., Ltd., Nissor Pharmaceuticals Ltd., and Jarrow Formulas, Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global glutathione market report caters to various stakeholders in this industry including investors, suppliers, glutathione manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global glutathione market

Detailed Segmentation:

Global Glutathione Market, By Product Type: