Global Gluconic Acid And Derivatives Overview
The gluconic acid is soluble in water and non-toxic. It is a non-corrosive organic acid. It is made from the process of the oxidation reaction. It is abundantly used in foodstuffs such as dairy products, meat, wine, and others. The several salts are prepared to form the gluconic acid such as sodium gluconate, potassium gluconate, and calcium gluconate. The various application of salts includes absorption in the doughnuts, reduction of the fats and it is also used as an additive in the numerous food items.
Global Gluconic Acid And Derivatives Dynamics
With the growing concern related to the toxic effects related to the use of synthetic chemicals has given upsurge to an increase in the demand for environment- friendly and biodegradable products. Gluconic acid is prepared by the process of fermenting glucose, whereby the physiological d- form is produced. Furthermore, changing the preference of consumers toward the use of renewable and safer ingredients in the products is boosting the growth of the target market. Also, rising awareness among the consumers about their safety and health and especially those they consume or apply are expected to increase the demand over the forecast period for bio-based products including gluconic acid and its derivatives. Moreover, growing need for a safe, sustainable, and environment- friendly economy has resulted in high investments in R&D activities regarding the adoption of various bio-based products such as gluconic acid. However, high production costs and capital requirement may hamper the growth of the global gluconic acid and derivatives market shortly. Further, raw material required for production is glucose, which is costly as compared to other carbon source and thus, raises the production cost.
Global Gluconic Acid And Derivatives Segmentation
Gluconic acid and derivatives market is segmented based on product type, application, and region.
Based on product type, the gluconic acid and derivatives market is segmented into Gluconic Acid, Glucono delta-lactone, Sodium Salt of Gluconic Acid, Calcium Salt of Gluconic Acid, and Other. Sodium Salt of Gluconic Acid and Glucono delta-lactone have the major market due to its increased demand in pharmaceutical, chemical, and food industries. For instance, according to the Indian brand equity foundation, the FMCG is accounted to be US$ 52.75 billion whereas it is projected to reach US$ 103.7 billion.
Based on the application, the target market is classified into food, pharmaceutical, personal care, agriculture, and others.
On the region, the gluconic acid and derivatives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to hold the largest market share for the global market during the forecast period. This is attributed to the growing consumer awareness allied to the chemicals used for the construction purpose. Also, the growing demand for the bio ingredients for the food additives is projected to be the other major reason for the growth of the global market in the region. Europe is estimated to account for substantial growth for the global market. The rising expansion of the food and beverage industry in the region is predicted to be the major reason for boosting the growth of the global market over the forecast period.
Gluconic Acid and Derivatives Market, By Product Type:
- Gluconic Acid
- Glucono delta-lactone
- Sodium Salt of Gluconic Acid
- Calcium Salt of Gluconic Acid
- Other
Gluconic Acid and Derivatives Market, By Application:
- Food
- Pharmaceutical
- Personal Care
- Agriculture
- Others
Gluconic Acid and Derivatives Market, By Region:
- North America
- Middle East & Africa
- Middle East & Africa Gluconic Acid and Derivatives Market, By Type
- Middle East & Africa Gluconic Acid and Derivatives Market, By Application
- Middle East & Africa Gluconic Acid and Derivatives Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Latin America Gluconic Acid and Derivatives Market, By Type
- Latin America Gluconic Acid and Derivatives Market, By Application
- Latin America Gluconic Acid and Derivatives Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- Asia Pacific Gluconic Acid and Derivatives Market, By Type
- Asia Pacific Gluconic Acid and Derivatives Market, By Application
- Asia Pacific Gluconic Acid and Derivatives Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Europe Gluconic Acid and Derivatives Market, By Type
- Europe Gluconic Acid and Derivatives Market, By Application
- Europe Gluconic Acid and Derivatives Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- North America Gluconic Acid and Derivatives Market, By Type
- North America Gluconic Acid and Derivatives Market, By Application
- North America Gluconic Acid and Derivatives Market, By Country
- U.S.
- Canada
- Middle East & Africa
Global Gluconic Acid And Derivatives Key Players
The key players operating the gluconic acid and derivatives market Roquette Foods, FUSO Chemicals Co., Jungbanzlauer, Evonik Industries, Merck, Tokyo Chemical Industry Ltd., Xiwang Group, Alfa Chemistry, Ruibang Laboratories, and Kaison Chemicals. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the types to gain a competitive edge in the target market. For instance, in February 2017, Jungbunzlauer launched minerals within their speciality salts segments, which can be easily used for mineral fortification.
Global Gluconic Acid And Derivatives Company Profile
- Roquette Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FUSO Chemicals Co.
- Jungbanzlauer
- Evonik Industries
- Merck
- Tokyo Chemical Industry Ltd.
- Xiwang Group
- Alfa Chemistry
- Ruibang Laboratories
- Kaison Chemicals
“*” marked represents similar segmentation in other categories in the respective section
Global Gluconic Acid And Derivatives Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Gluconic Acid
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Glucono delta-lactone
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Sodium Salt of Gluconic Acid
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Calcium Salt of Gluconic Acid
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Food
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Pharmaceutical
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Personal Care
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Agriculture
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Roquette Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FUSO Chemicals Co
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Jungbanzlauer
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Evonik Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merck
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tokyo Chemical Industry Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Xiwang Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alfa Chemistry
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ruibang Laboratories
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kaison Chemicals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
Global Gluconic Acid And Derivatives Highlights
FAQs
The global gluconic acid and derivatives market is segmented based on product type, application, and region.
Increase in the demand for environment- friendly and biodegradable products
Asia-Pacific is expected to hold the largest market share for the global market during the forecast period. This is attributed to the growing consumer awareness allied to the chemicals used for the construction purpose.
Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the types to gain a competitive edge in the target market. For instance, in February 2017, Jungbunzlauer launched minerals within their speciality salts segments, which can be easily used for mineral fortification.