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Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

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).

Drivers

The increasing demand for nutricosmetics is expected to drive demand for glutathione over the forecast period. Nutricosmetics are oral-based nutritional supplements for beauty and skin health. Nutricosmetics market is primarily driven by the expansion and consumer awareness in personal grooming coupled with busy lifestyle of the growing urban population. Nutricosmetics are health products, which are mainly used for the treatment of hair, nail, skin defects, and sun protection. Some of the key drivers to fuel the nutricosmetics market include rising retail shops across the globe, rising popularity of ready to drink nutricosmetics beverages, preference for effective and safe beauty solutions boosts the sales of cosmetics supplements, and growing consumer awareness toward prevention of pre-mature skin aging along with others.

Among regions, Asia Pacific held dominant position in the global glutathione market in 2020, accounting for 36.0% market share in terms of revenue, followed by North America and Europe. The growth of the pharmaceutical sector in the region is expected to drive demand for glutathione over the forecast period. For instance, according to the India Brand Equity Foundation (IBEF), India’s domestic pharmaceutical market is expected to be valued at US$ 42 billion in 2021 and is expected to reach US$ 64 billion by 2024 and further estimated to reach ~US$ 120-130 billion by 2030.

Figure 1. Global Glutathione Market Revenue Share (%), By Region, 2019

Glutathione  | Coherent Market Insights

Market Restraints

Continuous consumption of synthetic glutathione such as supplements may alert the human body to stop its own production of glutathione resulting in dependence on synthetic supplements. Depletion of liver glutathione levels (the site of glutathione storage) may be devastating to health. This factor is expected to hamper the market growth of glutathione over the forecast period.

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Glutathione Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2020: US$ 219.0 Mn
Historical Data for: 2017, 2018 and 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 7.4% 2027 Value Projection: US$ 361.0 Mn
Geographies covered:
  • Regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Segments covered:
  • By Product Type: Reduced Glutathione and Oxidized Glutathione
  • By Application: Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics and Others
Companies covered:

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. 

Growth Drivers:
  • Increasing demand for nutricosmetics
  • Increasing growth of pharmaceutical industry
Restraints & Challenges:
  • Health risk associated with consumption of glutathione

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.

Figure 2. Global Glutathione Market Revenue Share (%), By Application, 2019

Glutathione  | Coherent Market Insights

On the basis of application, in 2020, pharmaceuticals segment accounted for 41.0% of the revenue share. Growth of the pharmaceutical sector is expected to drive demand for glutathione over the forecast period. For instance, according to The European Federation of Pharmaceutical Industries and Associations, in 2018, North America accounted for 48.9% of global pharmaceutical sales and Europe accounted 23.2% of the total sales.

Global Glutathione Market - Impact of Coronavirus (Covid-19) Pandemic

The COVID-19 pandemic has changed the buying pattern of consumers. Measures such as nationwide lockdown have led panic buying of food and hygiene products. Following the COVID-19 crisis, increasing number of patients are opting for self-medication rather than visiting a doctor. This has led to several people stocking up over-the-counter drugs for symptom relief. Moreover, awareness and interest in the role of preventive health among consumers, has increased demand for products which help in boosting the immunity. This has led to increasing demand for health supplements. The overall increase in demand for pharmaceuticals is expected to drive the market growth of glutathione during the pandemic.

Competitive Section

Key players operating in the global glutathione market include 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.

Glutathione is a natural antioxidant found in plants, animals, fungi, and some bacteria. The antioxidant helps in preventing damage to cellular components caused by reactive oxygen compounds such as free radicals, peroxides, lipid peroxides, and heavy metals. Commercially, glutathione is produced using enzymatic reaction in presence of adenosine triphosphate and its three precursor acids (L-glutamic acid, L-cysteine, and glycine). Glutathione can also be produced using direct fermentation using sugar as a starting material.

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. For instance, according to the International Trade Administration (ITA), U.S. Department of Commerce, Indian Beauty and Personal Care (BPC) industry was valued at US$ 8 billion in 2016 with a CAGR of 5-6% during the forecast period (2017-2021).

Manufacturers operating in the global glutathione market are focused on various growth strategies such as new product launches in order to expand their product portfolio. For instance, in 2014, EuroPharma, Inc. (manufacturer of dietary supplements) launched Clinical Glutathione, an oral glutathione tablet to improve ratio of glutathione in human body.

Key features of the study:

  • This report provides in-depth analysis of the global glutathione market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2020 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global glutathione market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include 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.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global glutathione market report caters to various stakeholders in this industry including investors, suppliers, glutathione manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global glutathione market

Detailed Segmentation:

  • Global Glutathione Market, By Product Type:
    • Reduced Glutathione
    • Oxidized Glutathione
  • Global Glutathione Market, By Application:
    • Food & Beverages
    • Pharmaceuticals
    • Personal Care & Cosmetics
    • Others
  • Global Glutathione Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Canada
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
    • Europe
      • U.K.
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Italy
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • France
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Germany
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Spain
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Russia
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Rest of Europe
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
    • Asia Pacific
      • China
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • India
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Japan
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • ASEAN
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Australia
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Rest of Asia Pacific
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
    • Latin America
      • Brazil
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Argentina
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Mexico
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Rest of Latin America
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
    • Middle East & Africa
      • Middle East
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
      • Africa
        • By Product Type:
          • Reduced Glutathione
          • Oxidized Glutathione
        • By Application:
          • Food & Beverages
          • Pharmaceuticals
          • Personal Care & Cosmetics
          • Others
  •  Company Profiles
    • Kyowa Hakko Bio Co., Ltd. *
      • Company Overview
      • Product Portfolio
      • Key Strategies
      • Recent Developments
      • Future Plans
    • 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.
    • Jarrow Formulas, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
  4. Global Glutathione Market - Impact of Coronavirus (Covid-19)Pandemic
    • Overview
    • Factors Affecting Global Glutathione Market – COVID-19
    • Impact Analysis
  5. Global Glutathione Market, By Product Type, 2017-2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Reduced Glutathione
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Oxidized Glutathione
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
  6. Global Glutathione Market, By Application, 2017-2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Food & Beverages
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Pharmaceuticals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Personal Care & Cosmetics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
  7. Global Glutathione Market, By Region, 2017-2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
    • Latin America
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
    • Europe
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
    • Middle East & Africa
      • Market Share Analysis, By Sub-region, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-region, 2020 - 2027
        • Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
        • Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017-2027 (US$ Mn)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Kyowa Hakko Bio Co., Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Shandong Jincheng Biological Pharmaceutical Co., Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • KOHJIN Life Sciences Co., Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Shenzhen GSH Bio-Technology Co, Ltd
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Kaiping Genuine Biochemical Pharmaceutical Co., Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Nissor Pharmaceuticals Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Jarrow Formulas, Inc.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 25 market data tables* and 20 figures* on "Glutathione Market” - Global forecast to 2027.

FAQgrowicon

Frequently Asked Questions

The global glutathione market is estimated to surpass US$ 361.0 million by 2027 and is expected to exhibit a CAGR of 7.4% between 2020 and 2027.
The increasing demand for nutricosmetics is expected to drive the market growth during the forecast period.
The increasing sales of cosmetic products through online channel is expected to drive growth of the market.
Health risks associated with consumption of glutathione is a restraining factor for the market growth.
Major players operating in the market include 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.
The market was valued at US$ 219.0 million, in terms of revenue in 2020.
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