Glutathione Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027


Posted February 9, 2022 by neha_s

Glutathione is a tripeptide compound, which is made from amino acids such as glycine, cysteine, and glutamic acid.

 
Glutathione is a tripeptide compound, which is made from amino acids such as glycine, cysteine, and glutamic acid. Glutathione helps in preventing damage to important cellular components of human body, caused by reactive oxygen species such as free radicals, peroxides, lipid peroxides, and heavy metals.

The global glutathione market is estimated to surpass US$ 361.0 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 7.4% during the forecast period (2020 to 2027).

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.

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Market Trends
The increasing trend of online shopping due to the growing digital engagement of consumers as well as manufacturers that enable easy access to products through e-commerce channels is increasing sale of cosmetic products. For instance, according to the U.S. Department of Commerce, consumers spent US$ 601.75 billion online with the U.S. merchants in 2019, which is 14.9% up from US$ 523.64 billion in 2018. Thus, growing online shopping trend is expected to accelerate the market growth of glutathione.
Major Keyplayers: 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.

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Issued By Coherent Market Insights
Country India
Categories Business , Industry
Last Updated February 9, 2022