Published On : January 2018 Pages : 90 Category: Food and Beverages Report Code : FB01536
Industry Outlook and Trend Analysis
The global Gluconic Acid Market was worth USD 47.15 billion in 2017 and is expected to reach approximately USD 72.08 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.83% during the forecast period. The key driver for the market is its wide application in the food and pharmaceutical market, advancement in technology, environmental concerns, and expanded interest for biodegradable acid and economic biotechnological production process. Gluconic acid is an easily biodegradable, nontoxic, non-corrosive and non-volatile acid and because of these properties, its demand in the market is expanding. Notwithstanding other creation procedures of gluconic acid, biotech fermentation procedure has turned out to be a help for makers which has expanded its market development. However, there are some inhibiting components for the market, for example, high capital necessity and generation costs.
Type Outlook and Trend Analysis
The market by type is fragmented into glucono delta lactone, sodium salt of gluconic acid, gluconic acid, calcium salt of gluconic acid and others which incorporate zinc, iron, and copper and potassium salts of gluconic acid. Sodium gluconate and glucono delta lactone have the significant market because of its expanded demand in chemical, food and pharmaceutical ventures.
Application Outlook and Trend Analysis
On the basis of application the market is segmented into chemicals, food, agriculture, pharmaceuticals and others. Food comprises of the biggest share of the market because of its high use as an acidulant in the meat preparing industry. Additionally, its medicinal application in pharmaceuticals, for example, in calcium treatment and treatment of anemia has driven pharmaceuticals to end up noticeably the quickest developing section in the application.
Regional Outlook and Trend Analysis
Geographically, the market is segmented into Europe, North America, Asia Pacific, South America and Africa. Europe and Asia pacific are the leading market of gluconic acid. China rules the worldwide gluconic acid market by biggest share while Japan and the Netherlands are the quickest developing nations.
Competitive Insights
Developing interest for natural acids has prompted growth opportunities for gluconic acid in the market. The real contenders favour interest in innovative work to enhance the item quality and effective market methodologies to keep up their position. The leading players in the market are Sigma-Aldrich, Novozymes, Roquette Frères, Kerry Group and BASF.
The Gluconic Acid Market is segmented as follows-
By Type:
By Application:
By Region
Some of the key questions answered by the report are:
Market Classification
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Technological Innovation in R&D
3.2.1.2. Growing Demand of Environment Friendly Biodegradable Products
3.2.2. Restraints
3.2.2.1. Unfeasible Downstream Processing
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Gluconic Acid Market, By Type
4.1. Introduction
4.2. Global Gluconic Acid Sales, Revenue and Market Share by Type (2017-2017)
4.2.1. Global Gluconic Acid Sales and Sales Share by Type (2017-2017)
4.2.2. Global Gluconic Acid Revenue and Revenue Share by Type (2017-2017)
4.3. Gluconic Acid Market Assessment and Forecast, By Type, 2017-2023
4.4. Gluconic Acid
4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5. Glucono Delta Lactone
4.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.6. Sodium Salt of Gluconic Acid
4.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.7. Calcium Salt of Gluconic Acid
4.7.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.8. Other Types
4.8.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5. Gluconic Acid Market, By Application
5.1. Introduction
5.2. Global Gluconic Acid Sales, Revenue and Market Share by Application (2017-2017)
5.2.1. Global Gluconic Acid Sales and Sales Share by Application (2017-2017)
5.2.2. Global Gluconic Acid Revenue and Revenue Share by Application (2017-2017)
5.3. The Gluconic Acid Market Assessment and Forecast, By Application, 2017-2023
5.4. Food
5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.5. Pharmaceuticals
5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.6. Chemicals
5.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.7. Agriculture
5.7.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.8. Other Applications
5.8.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
6. Gluconic Acid Market, By Region
6.1. Introduction
6.2. Gluconic Acid Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. Global Gluconic Acid Sales, Revenue and Market Share by Regions
6.3.1. Global Gluconic Acid Sales by Regions (2017-2017)
6.3.2. Global Gluconic Acid Revenue by Regions (2017-2017)
6.4. North America
6.4.1. North America Gluconic Acid Sales and Growth Rate (2017-2017)
6.4.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.4.3. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.4.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.5. U.S.
6.4.5.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.4.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.6. Canada
6.4.6.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.7. Mexico
6.4.7.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.4.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5. Europe
6.5.1. Europe Gluconic Acid Sales and Growth Rate (2017-2017)
6.5.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.5.3. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.5.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.5. Germany
6.5.5.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.6. France
6.5.6.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.7. UK
6.5.7.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.8. Italy
6.5.8.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.9. Spain
6.5.9.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.10. Rest of Europe
6.5.10.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.5.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6. Asia-Pacific
6.6.1. Asia-Pacific Gluconic Acid Sales and Growth Rate (2017-2017)
6.6.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.6.3. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.6.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.5. Japan
6.6.5.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.6. China
6.6.6.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.7. Australia
6.6.7.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.8. India
6.6.8.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.9. South Korea
6.6.9.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.10. Rest of Asia-Pacific
6.6.10.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.6.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7. Rest of the World
6.7.1. Rest of the World Gluconic Acid Sales and Growth Rate (2017-2017)
6.7.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.7.3. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.7.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.5. Brazil
6.7.5.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.7.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.6. Turkey
6.7.6.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.7.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.7. Saudi Arabia
6.7.7.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.7.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.8. South Africa
6.7.8.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.7.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.9. United Arab Emirates
6.7.9.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.7.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.10. Others
6.7.10.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
6.7.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
7. Company Profiles
7.1. Roquette
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Gluconic Acid Sales, Revenue and Market Share
7.2. Jungbunzlauer
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Gluconic Acid Sales, Revenue and Market Share
7.3. Kerry
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Gluconic Acid Sales, Revenue and Market Share
7.4. Novozymes
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Gluconic Acid Sales, Revenue and Market Share
7.5. BASF
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Gluconic Acid Sales, Revenue and Market Share
7.6. Sigma Aldrich
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Gluconic Acid Sales, Revenue and Market Share
7.7. PMP Inc.
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Gluconic Acid Sales, Revenue and Market Share
7.8. TCI Chemicals
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Gluconic Acid Sales, Revenue and Market Share
7.9. AN Pharmatech
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Gluconic Acid Sales, Revenue and Market Share
7.10. Alfa Chemistry
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Gluconic Acid Sales, Revenue and Market Share
8. Global Gluconic Acid Market Competition, by Manufacturer
8.1. Global Gluconic Acid Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Gluconic Acid Revenue and Market Share by Manufacturer (2017-2017)
8.3. Top 5 Gluconic Acid Manufacturer Market Share
8.4. Market Competition Trend
List of Tables
List of Figures
List of Tables
Table: Global Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Global Gluconic Acid Sales and Sales Share by Type (2017-2017)
Table: Global Gluconic Acid Revenue and Revenue Share by Type (2017-2017)
Table: Gluconic Acid Market, By Region, 2017-2023($Million)
Table: Glucono Delta Lactone Market, By Region, 2017-2023($Million)
Table: Sodium Salt of Gluconic Acid Market, By Region, 2017-2023($Million)
Table: Calcium Salt of Gluconic Acid Market, By Region, 2017-2023($Million)
Table: Other Types Market, By Region, 2017-2023($Million)
Table: Global Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Global Gluconic Acid Sales and Sales Share by Application (2017-2017)
Table: Global Gluconic Acid Revenue and Revenue Share by Application (2017-2017)
Table: Food Market, By Region, 2017-2023($Million)
Table: Pharmaceuticals Market, By Region, 2017-2023($Million)
Table: Chemicals Market, By Region, 2017-2023($Million)
Table: Agriculture Market, By Region, 2017-2023($Million)
Table: Other Applications Market, By Region, 2017-2023($Million)
Table: North America Gluconic Acid Sales and Growth Rate (2017-2017)
Table: North America Gluconic Acid Market, By Country, 2017-2023($Million)
Table: North America Gluconic Acid Market, By Type, 2017-2023($Million)
Table: North America Gluconic Acid Market, By Application, 2017-2023($Million)
Table: U.S. Gluconic Acid Market, By Type, 2017-2023($Million)
Table: U.S. Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Canada Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Canada Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Mexico Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Mexico Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Europe Gluconic Acid Sales and Growth Rate (2017-2017)
Table: Europe Gluconic Acid Market, By Country, 2017-2023($Million)
Table: Europe Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Europe Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Germany Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Germany Gluconic Acid Market, By Application, 2017-2023($Million)
Table: France Gluconic Acid Market, By Type, 2017-2023($Million)
Table: France Gluconic Acid Market, By Application, 2017-2023($Million)
Table: UK Gluconic Acid Market, By Type, 2017-2023($Million)
Table: UK Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Italy Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Italy Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Spain Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Spain Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Rest of Europe Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Rest of Europe Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Asia-Pacific Gluconic Acid Sales and Growth Rate (2017-2017)
Table: Asia-Pacific Gluconic Acid Market, By Country, 2017-2023($Million)
Table: Asia-Pacific Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Asia-Pacific Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Japan Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Japan Gluconic Acid Market, By Application, 2017-2023($Million)
Table: China Gluconic Acid Market, By Type, 2017-2023($Million)
Table: China Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Australia Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Australia Gluconic Acid Market, By Application, 2017-2023($Million)
Table: India Gluconic Acid Market, By Type, 2017-2023($Million)
Table: India Gluconic Acid Market, By Application, 2017-2023($Million)
Table: South Korea Gluconic Acid Market, By Type, 2017-2023($Million)
Table: South Korea Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Rest of Asia-Pacific Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Rest of Asia-Pacific Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Rest of the World Gluconic Acid Sales and Growth Rate (2017-2017)
Table: Rest of the World Gluconic Acid Market, By Country, 2017-2023($Million)
Table: Rest of the World Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Rest of the World Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Brazil Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Brazil Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Turkey Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Turkey Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Saudi Arabia Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Saudi Arabia Gluconic Acid Market, By Application, 2017-2023($Million)
Table: South Africa Gluconic Acid Market, By Type, 2017-2023($Million)
Table: South Africa Gluconic Acid Market, By Application, 2017-2023($Million)
Table: United Arab Emirates Gluconic Acid Market, By Type, 2017-2023($Million)
Table: United Arab Emirates Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Others Gluconic Acid Market, By Type, 2017-2023($Million)
Table: Others Gluconic Acid Market, By Application, 2017-2023($Million)
Table: Roquette: Key Strategic Developments, 2017-2017
Table: Jungbunzlauer: Key Strategic Developments, 2017-2017
Table: Kerry: Key Strategic Developments, 2017-2017
Table: Novozymes: Key Strategic Developments, 2017-2017
Table: BASF: Key Strategic Developments, 2017-2017
Table: Sigma Aldrich: Key Strategic Developments, 2017-2017
Table: PMP Inc.: Key Strategic Developments, 2017-2017
Table: TCI Chemicals: Key Strategic Developments, 2017-2017
Table: AN Pharmatech: Key Strategic Developments, 2017-2017
Table: Alfa Chemistry: Key Strategic Developments, 2017-2017
List of Figures
Figure: Global Gluconic Acid Market Share, By Type, 2017 & 2023
Figure: Global Gluconic Acid Market, By Application, 2017 & 2023 ($Million)
Figure: Global Gluconic Acid Market, By Region, 2017 & 2023 ($Million)
Figure: Global Gluconic Acid Sales and Sales Share by Type (2017-2017)
Figure: Global Gluconic Acid Revenue and Revenue Share by Type (2017-2017)
Figure: Global Gluconic Acid Sales and Sales Share by Application (2017-2017)
Figure: Global Gluconic Acid Revenue and Revenue Share by Application (2017-2017)
Figure: North America Gluconic Acid Sales and Growth Rate (2017-2017)
Figure: Europe Gluconic Acid Sales and Growth Rate (2017-2017)
Figure: Asia-Pacific Gluconic Acid Sales and Growth Rate (2017-2017)
Figure: Rest of the World Gluconic Acid Sales and Growth Rate (2017-2017)
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
|
|
Secondary Data Sources |
|
|
Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
|
|