Glucono delta-Lactone (GDL) Market Trends, Opportunities, Growth Drivers, Competitive Landscape 2023 Discussed in New Research Report
Global
Glucono
Delta-Lactone (GDL) Market is
expected to witness substantial growth in the coming years owing to high demand
from food industry. Glucono delta-lactone is a food additive used as
sequestrant, pickling, acidifier or leavening agent in food production. It is
widely used in meat food products for dry cured sausages. They are used for
reducing pH level in food, retarding spoilage, and prevents discoloration of
final food product. Moreover, in large scale manufacturing, Glucono
delta-lactone is widely used in products like honey, tofu, fruit juices, wine,
etc.
Glucono
delta-lactone market is driven by growing demand for bakery and confectionary
food products, high demand for cosmetics, and increase in investment by the
pharmaceutical companies for the research and development activities. Moreover,
increased application of glucono delta-lactone as an intermediate in
nutritional supplements, sanitizers and its versatile properties, and growing
awareness of the benefits of glucono delta-lactone among consumers are expected
to boost the market growth. Stringent environment policy for the fermentation
technique will result in high production cost for the regional producers.
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Glucono
delta-lactone (GDL) market is categorized on the basis of extraction technique,
application, and geography. On the basis of extraction technique, market is
bifurcated into D-glucose oxidation with non-pathogenic microorganisms,
D-glucose oxidation with enzymes from microorganisms, and D-glucose oxidation
with bromine water. D-glucose oxidation with non-pathogenic microorganisms is
expected to hold larger share of the market since it is widely used for the
making of glucono delta-lactone.
In
terms of application, glucono delta-lactone (GDL) market is divided into
beverages, pharmaceuticals, food production, cosmetics and others. Food
production segment is anticipated to lead the market in the near future.
Glucono delta-lactone is used as a stabilizer, leavening agent, and as
preservative in food production. In beverages, it is increasingly used as a
gelling agent and in cosmetic industry, the product is used as skin moisturizer
or buffer. Furthermore, as compared to the current scenario, the use of glucono
delta-lactone is expected to rise in pharmaceutical sector in the coming years.
Geographically,
market is segmented as North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. Asia Pacific is estimated to hold considerable share
of the market due to the growing population that demands food on a large scale,
and high food production. North America and Europe are also expected to
contribute significantly to the market in future.
The
leading players in glucono delta-lactone (GDL) market comprise BASF SE,
Jungbunzlauer International, Arkema Group, Roquette, TTCA CO., LTD., Yuanming
Group, Huntsman International LLC., Xingzhou Medicine Foods, Baisheng
Biotechnology, and Xinhong Pharmaceutical, among others.
Market Segment:
Report contents include
•
Analysis of the glucono delta-lactone market including revenues, future growth,
market outlook
•
Historical data and forecast
•
Regional analysis including growth estimates
•
Analyzes the end user markets including growth estimates.
•
Profiles on glucono delta-lactone including products, sales/revenues, and
market position
•
Market structure, market drivers and restraints.
Key regions
•
North America
•
Europe
•
Asia Pacific
•
Middle East and Africa
•
South America
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