Gluconic acid Market Size was valued at USD 0.18 Billion in 2022. The gluconic acid industry is projected to grow from USD 0.187 Billion in 2023 to USD 0.24 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.50% during the forecast period (2024 - 2032). Increased applications of gluconic acid in food & Beverage and increasing use of the acid in personal care products are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The gluconic acid market is experiencing a notable trend driven by the increasing demand in the food and beverage industry. Gluconic acid, known for its mild acidity and non-corrosive nature, is utilized as an acidifier, chelating agent, and stabilizer in various food and beverage products. Its application in food preservation and as a sequestrant contributes to longer shelf life and improved product quality. This factor drives the market CAGR.
Additionally, a significant trend in the gluconic acid market is the growing emphasis on sustainable practices and eco-friendly solutions. Gluconic acid is biodegradable and can be produced through fermentation processes, aligning with the global push towards environmentally friendly alternatives. This trend is driven by increased awareness of sustainability issues and the demand for green chemicals in various industries.
The gluconic acid market is witnessing an expansion of applications in the pharmaceutical and personal care sectors. Its properties, such as mild acidity and compatibility with human skin, make it suitable for use in various cosmetic and pharmaceutical formulations. The trend involves the incorporation of gluconic acid in skincare products, pharmaceutical preparations, and other personal care items, driven by its safe and effective characteristics in these applications. For instance, in November 2021, to deactivate various viruses and bacteria, The Chemours Company launched Glyclean™ D, an effective cleaner and disinfectant that contains around 70% concentration of glycolic acid. Thus, driving the gluconic acid market revenue.
The gluconic acid market segmentation, based on type, includes Glu Gluconic Acid, Glucono Delta Lactone, Sodium Salt of Gluconic Acid, Calcium Salt of Gluconic Acid, and Others. The dominating type category is glugluconic acid, which holds a significant market share due to its primary role as the foundational form of gluconic acid widely used in various applications, including food and Beverage, pharmaceuticals, and construction. Conversely, the fastest-growing type category is Glucono Delta Lactone, which is experiencing rapid expansion as it serves as a multifunctional ingredient in the food industry, acting as an acidulant, leavening agent, and sequestrant.
The gluconic acid market segmentation, based on Application, includes Food & Beverage, Pharmaceuticals, Chemicals, Agriculture, and Others. The dominating application category is food & Beverage, holding a significant market share due to the widespread use of gluconic acid as a food additive, acidifier, and preservative. Conversely, the fastest-growing application category is Pharmaceuticals, experiencing rapid expansion as gluconic acid finds increasing use in pharmaceutical formulations for its chelating and buffering properties.
Figure 1: Gluconic Acid Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American gluconic acid market area will dominate this market, owing to the increasing trend towards sustainable practices aligned with the environmentally friendly nature of gluconic acid, which will boost market growth in this region.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: GLUCONIC ACID MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's gluconic acid market accounts for the second-largest market share due to the robust presence of the food and beverage industry. Further, the German gluconic acid market held the largest market share, and the UK gluconic acid market was the fastest-growing market in the European region.
The Asia-Pacific Gluconic acid Market is expected to grow at the fastest CAGR from 2024 to 2032. This is due to the increasing demand for processed and packaged food, which contributes significantly to the use of gluconic acid as a food additive and preservative. Moreover, China’s gluconic acid market held the largest market share, and the Indian gluconic acid market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the gluconic acid market grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the gluconic acid industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the gluconic acid industry to benefit clients and increase the market sector. In recent years, the gluconic acid industry has offered some of the most significant advantages. Major players in the gluconic acid market, including The Chemours Company, Zhonglan Industry Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., Siddharth Chlorochem Pvt. Ltd., Penta International Corporation, Connect Chemicals., and others, are attempting to increase market demand by investing in research and development operations.
TNJ has been operating as a chemical company since 2001, dedicated to fulfilling market and customer requirements through innovative technology, high-quality products, and exceptional service. The company consistently integrates economic prosperity with a strong commitment to social responsibility and environmental preservation. TNJ aims to satisfy customer demands, enhance the value of its personnel, and take on additional societal responsibilities. In July 2019, Hefei TNJ Chemical Industry Co., Ltd extended its market presence by entering the cosmetics materials sector in Seoul, South Korea.
Chemours is a different kind of Chemistry Company, driven to create a better world through the power of its chemistry. With a world-class portfolio, Chemours provides solutions for industries ranging from automotive, paints, and laminates to advanced electronics, construction, energy, and telecommunications. Increasingly, Chemours is enabling technologies and innovations that are more environmentally friendly, including electric vehicles, clean energy such as hydrogen, coatings that create durable and advanced infrastructure, and more energy-efficient cooling. In November 2021, The Chemours Company launched a new glycolic acid product under the brand name Glyclean D. The new product is used as a disinfectant for various household and institutional cleaning applications.
In March 2024, Corbion, an international company specialising in sustainable ingredients, stated that they are planning on growing production of gluconic acid owing to consumers’ thirst especially in food and beverages. The company also pointed out that there is increasing use of gluconic acid in food preservation and in control of pH for dairy and baked products hence increasing the availability of this product in the world market. The geographical expansion of Corbion’s endeavours not only aims to diversify the product range, but also Corresponding wants to implement sustainable development policies.
In June 2023, Roquette which supplies plant-based ingredients to a global consumer market has manufactured a gluconic acid product which is sustainable. In this context, this new offering is food grade and is also considered for the pharmaceutical sector, which has been and continues to evolve toward how its products are made to have the least carbon emissions in the production process. Although Roquette’s gluconic acid may be carbon neutral it is made from a renewable raw material, this is in line with the recent market trends of consumers who are buying green ingredients.
In February 2024, Kerry Group, the global tasty and nutritional firm, provided additional information regarding its intentions to work with several gluconic acid suppliers in high hopes of broadening the company’s portfolio of organic acid solutions related to food safety. The company pointed out that gluconic acid is essential in extending the shelf life as well as increasing the quality of food products, especially meat and poultry. Due to this collaboration, Kerry is expected to serve its international customers with reliable solutions in the future.
In October 2023, BASF, on the other hand, sought to capture the value potential offered in the gluconic acid market by investing in a biotechnology company perceived to have significant expertise in performing biobased gluconic acid. The company said that this acquisition would expand its product offering in the segments of industrial cleanness and personal care products, thus enabling it to venture into the increasing demand for sustainable solutions.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 0.18 Billion |
| Market Size 2023 | USD 0.187 Billion |
| Market Size 2032 | USD 0.24 Billion |
| Compound Annual Growth Rate (CAGR) | 3.50% (2024-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Chemours Company, Zhonglan Industry Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., Siddharth Chlorochem Pvt. Ltd., Penta International Corporation, and Connect Chemicals |
| Key Market Opportunities | · Increased applications of gluconic acid in food & Beverage |
| Key Market Dynamics | · Increasing use of acid in personal care products |
Frequently Asked Questions (FAQ) :
The gluconic acid market size was valued at USD 0.18 Billion in 2022.
The global market is projected to grow at a CAGR of 3.50% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are Chemours Company, Zhonglan Industry Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., Siddharth Chlorochem Pvt. Ltd., Penta International Corporation, Connect Chemicals, and others.
The Glu Gluconic Acid category dominated the market in 2022.
Food & Beverage had the largest share in the global market.
Team Lead - Research With a technical background as bachelor's in mechanical engineering, with mba in operations management , swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the automotive/a&d domain. swapnil has worked on major projects in verticals such as aerospace & defense, automotive and many other domain projects. he has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.
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