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Gluconic Acid and Derivatives Market Size (2024 - 2029)

The gluconic acid and derivatives market is experiencing growth, driven by its extensive application in the food industry as a curing, pickling, and leavening agent, as well as a pH control and sequestrant. Its use in meat, dairy products, and baked goods, particularly as a flavoring agent and in reducing fat absorption, underscores its significance. However, the high processing costs pose a challenge to market expansion. Among the various product types, the sodium salt of gluconic acid holds the largest share in the market.

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Market Size of Gluconic Acid and Derivatives Industry

Gluconic Acid and Derivative Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.50 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Gluconic Acid and Derivative Market Major Players

*Disclaimer: Major Players sorted in no particular order

Gluconic Acid & Derivative Market Analysis

The gluconic acid and derivatives market is projected to record a CAGR of 5.5% during the forecast period (2020 - 2025).

  • Gluconic acid is allowed for usage in human foods as a curing and pickling agent, leavening agent, pH control agent, and as a sequestrant. High application in numerous sectors, including the food industry, caters to the market studied.
  • It is used in meat and dairy products, more specifically in baked goods as a component of leavening agents for preleavened products. It is very popularly used as a flavoring agent and also finds application in reducing fat absorption in doughnuts and cones.
  • High processing cost is one of the major restraints for the market growth for gluconic acid.
  • By product type, the sodium salt of a gluconic acid segment of the market is most popular among all.

Gluconic Acid & Derivative Industry Segmentation

The gluconic acid and derivatives market is segmented by type into gluconic acid, gluconodelta lactone, sodium salt of gluconic acid, calcium salt of gluconic acid, and other types. By application, the market is segmented into food and beverage, personal care, pharmaceuticals, and other applications.

By Type
Gluconic acid
Glucono Delta Lactone
Sodium Salt of Gluconic Acid
Calcium Salt of Gluconic Acid
Other Types
By Application
Food and Beverage
Personal Care
Pharmaceuticals
Other Applications
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
Rest of the World
South America
Middle East
Africa
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Gluconic Acid and Derivatives Market Size Summary

The gluconic acid and derivatives market is experiencing notable growth, driven by its extensive application in the food industry. Gluconic acid serves various functions such as a curing and pickling agent, leavening agent, and pH control agent, making it a valuable component in meat, dairy, and baked goods. Despite its high processing costs posing a challenge, the market benefits from the popularity of its sodium salt derivative, which is widely used for its flavor-enhancing properties. The demand for gluconic acid is further bolstered by its role in reducing fat absorption in products like doughnuts and cones, highlighting its versatility and importance in food processing.

Regionally, Asia-Pacific stands out as the fastest-growing market, fueled by increased government infrastructure spending and a surge in gluconic acid applications in food products. The region's competitive landscape is marked by a significant presence of regional manufacturers, with Japan and China leading in production and exports. The market dynamics are characterized by both major global players and small regional entities vying for market share, with companies like Roquette, Evonik, and Merck maintaining a strong foothold. Chinese manufacturers, in particular, have a substantial market presence due to their export capabilities, further influencing the global market landscape.

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Gluconic Acid and Derivatives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Gluconic acid

      2. 2.1.2 Glucono Delta Lactone

      3. 2.1.3 Sodium Salt of Gluconic Acid

      4. 2.1.4 Calcium Salt of Gluconic Acid

      5. 2.1.5 Other Types

    2. 2.2 By Application

      1. 2.2.1 Food and Beverage

      2. 2.2.2 Personal Care

      3. 2.2.3 Pharmaceuticals

      4. 2.2.4 Other Applications

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Spain

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 Germany

        4. 2.3.2.4 France

        5. 2.3.2.5 Italy

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Rest of the World

        1. 2.3.4.1 South America

        2. 2.3.4.2 Middle East

        3. 2.3.4.3 Africa

Gluconic Acid and Derivatives Market Size FAQs

The Gluconic Acid and Derivatives Market is projected to register a CAGR of 5.5% during the forecast period (2024-2029)

Merck KGaA, Tokyo Chemical Industry Co., Ltd, Shandong Xinhong Pharmaceutical Co., Ltd. , Roquette Frères and Jungbunzlauer Suisse AG are the major companies operating in the Gluconic Acid and Derivatives Market.

Gluconic Acid and Derivatives Report Snapshots

Gluconic Acid and Derivatives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)