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Glutathione Market Analysis

  • Report ID: GMI4147
  • Published Date: Jan 2021
  • Report Format: PDF

Glutathione Market Analysis

Reduced glutathione market size should surpass USD 200 million by 2027 and is anticipated to show growth over 7.0% CAGR up to 2027. There is a continuous rise in the cancer cases around the globe, which is the second leading cause of death globally. According to World Health Organization, in 2020 cancer was responsible for 9.6 million deaths. There are several factors responsible for rising cancer prevalence such as population growth, change in lifestyle, increasing number of smokers, and tobacco use. Therefore, rising cancer burden around the globe should propel the growth for reduced glutathione, owing to its suitability to prevent harmful side effects of chemotherapy to cancer patients.
 

Glutathione Market by Region

The demand for manufacturing drugs in the region in high, owing to the presence of several pharmaceutical manufacturers including Johnson and Pfizer & Johnson. Hence, wide presence of pharmaceutical manufacturers in the region generates huge opportunity for glutathione market as the product is highly utilized in the manufacture of many pharmaceutical products.  North America led by U.S. is predicted register over 7% gains at the end of 2027. The growth is attributed to several benefits associated with the product such as tissue repairing & building and immune system boosting. The product is also utilized for treating numerous diseases which include asthma, cataract, and anemia.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global glutathione market size surpassed USD 195 million in 2020 and is projected to rise at a 7% CAGR up to 2027 with the rising demand across pharmaceutical, cosmetic, food, and nutraceutical sectors.

The market for glutathione is likely to grow in the COVID-19 pandemic due to the rising focus on countering various pollutants present in the environment.

The annual value of reduced glutathione market share is anticipated to reach USD 200 million and strike a 7% CAGR up to 2027 owing to the prevalence of cancer across the globe.

The North America glutathione industry size, comprising of the U.S. as a prominent contributor will register over 7% gains by 2027 due to benefits like tissue repairing & building and boosting the immune system.

Some of the global suppliers of glutathione include Kyowa Hakko Bio Co., Ltd., Nissor Pharmaceuticals Ltd. Shenzhen GSH Bio-tech Co., Ltd., and KOHJIN Life Sciences Co., Ltd.

Glutathione Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 12
  • Tables & Figures: 272
  • Countries covered: 20
  • Pages: 180
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