Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Glutathione is protein composed of three essential amino acids including glutamic acid, glycine and cysteine. It is a natural antioxidant found in fungi, microbes and plants. This product helps in reducing oxidative stress by combating free radicals in the body. It also prevents damage to cellular compounds caused by reactive oxygen species. High expenditure on research to develop new products supported by increase in product usage in different application such as infertility treatments will escalate industry growth.
Glutathione is highly potential antioxidant and liver detox agent which promotes its demand as a dietary supplement. Recent research regarding glutathione and its bioavailability will further boost its demand in supplements market. Elderly population with ageing may suffer from glutathione deficiency where it is not naturally produced in the body which can lead to cancer, Parkinson’s disease and inflammatory conditions. Growth in ageing population supported by prevalence of various diseases is likely to escalate product demand. Glutathione supplements help in maintaining its levels and reduce long term disease risks, thus enhancing industry size.
The report analyses the global glutathione market based on type, application and geography
Various type studied are segmented into reduced glutathione, oxidized glutathione. Reduced glutathione is involved in synthesis and repair of DNA along with enhancing antioxidant activity in Vitamin C and helps in detoxification of harmful compounds. It is important for healthy liver function and helps maintain cell function. Growing health consciousness has led to rise in daily health management routine which is likely to favour glutathione supplements demand, thus propelling industry growth.
Furthermore, the major application considered in the study is food, pharmaceutical, nutraceuticals, and cosmetics. Glutathione is a natural antioxidant which occurs in the body and used as a skin lightening agent in cosmetics by concerting melanin to lighter colour and deactivating tyrosinase enzyme which helps in producing the pigment. Intravenous glutathione treatment naturally boost skin colour and diminish scars and blotches. Increase in consumer spending on cosmetic treatments supported by advance, easy treatments which provides long lasting results will favour demand for glutathione demand in this application
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World.
North America is a lucrative region for glutathione market and may observe significant gains over the foreseeable timeframe. Presence of large number of certified aesthetic and dermatology practitioners supported by increase in number of consumers opting for skin lightening therapies will promote industry growth. Glutathione is also used in pharmaceutical applications for tissue repairing and immune system booster. Rapid expansion of pharmaceutical industry supported by huge investments in research will boost pharmaceutical industry in these regions, thus driving demand for glutathione.
The key players in the glutathione market share are Kyowa Hakko Bio Co., Ltd., Shandong Jincheng, Biological Pharmaceutical Co., Ltd., KOHJIN Life Sciences Co., Ltd., Anhui GSH Bio-Technology Co., LTD, Kaiping Genuine Biochemical Pharmaceutical Co., Ltd, Herbo Nutra, Haihang IndustryCo., Ltd., Meteoric Biopharmaceuticals Pvt. Ltd., Xi’an Fengzu Biological Technology Co., Ltd, YAOPHARMA, Cayman Chemical Company.
The report analyses the global glutathione market based on type, application and geography. Various type studied are segmented into reduced glutathione, oxidized glutathione. Furthermore, the major application considered in the study is food, pharmaceutical, nutraceuticals, and cosmetics
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa.
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