Global Sodium Glucuronic Acid
Market Report
2024
Global Sodium glucuronic acid market size is USD XX million in 2024. The increasing demand for skincare and cosmetic products are expected to boost the sales to USD XX Million by 2031 with a Compound Annual Growth Rate (CAGR) of 5.90% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Sodium glucuronic acid market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.90% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Sodium Glucuronic Acid Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
North America Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.1% |
United States Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.9% |
Canada Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
Mexico Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Europe Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
United Kingdom Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
France Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.6% |
Germany Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Italy Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.8% |
Russia Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.4% |
Spain Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
Rest of Europe Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.1% |
Asia Pacific Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.9% |
China Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.4% |
Japan Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.4% |
Korea Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
India Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.7% |
Australia Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.6% |
Rest of APAC Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.7% |
South America Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
Brazil Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
Argentina Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.2% |
Colombia Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.1% |
Peru Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Chile Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.6% |
Rest of South America Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Middle East and Africa Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.6% |
Turkey Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.1% |
Nigeria Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Egypt Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
South Africa Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.6% |
GCC Countries Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.4% |
Rest of MEA Sodium Glucuronic Acid Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Sodium Glucuronic Acid Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The sodium glucuronic acid market revolves around a compound integral to various industries, notably pharmaceuticals, cosmetics, and food additives. Sodium glucuronic acid, derived from glucuronic acid, serves as a vital component in detoxification processes within the body and is also utilized in drug formulations, skincare products, and dietary supplements. Its widespread applications stem from its ability to enhance the solubility of active ingredients and promote liver health. Market growth dynamics are primarily influenced by increasing consumer awareness regarding health and wellness, driving demand for functional ingredients like sodium glucuronic acid.
For instance, in January 2019, Skinceuticals launched a new glycolic acid cream, Glycolic 10 Renew Overnight, that improves skin glow by 36% while also maintaining tolerability. The cream effectively targets dullness, fine lines, and uneven texture of the skin. It stimulates cell regeneration for enriched tone, texture, and brighter complexion.
(Source:https://www.skinceuticals.com/skincare/facial-exfoliators/glycolic-10-renew-overnight/S34.html)
The personal care industry's increasing focus on natural and organic ingredients has led to a surge in demand for sodium glucuronic acid. Known for its hydrating and anti-aging properties, sodium glucuronic acid is widely used in skincare products such as moisturizers, serums, and creams. Consumers are increasingly seeking skincare solutions that are gentle yet effective, driving manufacturers to incorporate sodium glucuronic acid into their formulations. Additionally, its ability to promote collagen synthesis and improve skin texture makes it a preferred ingredient in anti-aging products. As the personal care industry continues to expand globally, the demand for sodium glucuronic acid is expected to witness steady growth, further propelled by rising consumer awareness regarding skincare ingredients.
The pharmaceutical sector is witnessing a growing utilization of sodium glucuronic acid due to its therapeutic properties and versatile applications. Sodium glucuronic acid plays a crucial role in drug metabolism and detoxification processes in the body, making it a valuable component in pharmaceutical formulations. It is commonly used in the production of analgesics, anti-inflammatory drugs, and detoxification agents. Moreover, sodium glucuronic acid serves as a precursor for the synthesis of glucuronides, which enhance the solubility and bioavailability of drugs, leading to improved therapeutic outcomes. With the increasing prevalence of chronic diseases and the development of novel drug formulations, the demand for sodium glucuronic acid in the pharmaceutical sector is anticipated to witness significant growth in the coming years.
One of the key restraints affecting the sodium glucuronic acid market is the stringent regulatory framework governing its usage in various industries. Regulatory authorities impose strict guidelines and limitations on the permissible concentration of sodium glucuronic acid in consumer products, particularly in the food, pharmaceutical, and personal care sectors. Compliance with these regulations requires extensive testing and documentation, which can increase production costs and limit market entry for smaller manufacturers. Additionally, changes in regulatory standards or the introduction of new regulations may necessitate reformulation of existing products, leading to disruptions in supply chains and additional expenses for manufacturers.
The Covid-19 pandemic has had a mixed impact on the sodium glucuronic acid market. On one hand, the increased focus on personal hygiene and healthcare products has driven demand for products containing sodium glucuronic acid, such as pharmaceuticals and personal care items. However, disruptions in supply chains and manufacturing operations have led to challenges in sourcing raw materials and meeting production demands. Travel restrictions and lockdown measures have also affected the distribution of sodium glucuronic acid-based products, impacting market growth. Despite these challenges, the market has shown resilience, with efforts to ramp up production and streamline supply chains to meet the evolving demands during and post-pandemic.
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The competitive landscape of the sodium glucuronic acid market is characterized by the presence of several key players striving to gain a competitive edge through product innovation, strategic partnerships, and geographical expansions. Companies such as Merck KGaA, Sigma-Aldrich and TCI Chemicals are among the prominent players in the market, offering a wide range of sodium glucuronic acid products to cater to various industry needs.
October 2018: CABB Group GmbH invested millions of Euros to increase the storage and production volume of monochloroacetic (MCA) acid & its derivatives at the Knapsack and Gersthofen facility. The expansion will boost the company's production of glycolic acid at Gersthofen facility.
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.
Top Companies Market Share in Sodium Glucuronic Acid Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominates the sodium glucuronic acid market due to several key factors. The region's advanced healthcare infrastructure and high expenditure on pharmaceuticals and medical treatments drive significant demand for sodium glucuronic acid, which is used in various pharmaceutical applications. Additionally, the presence of major pharmaceutical companies and research institutions in North America further boosts the market. Moreover, stringent regulations regarding healthcare and pharmaceutical products ensure high standards of quality and safety, making North America a lucrative market for sodium glucuronic acid.
Asia Pacific is experiencing rapid growth in the sodium glucuronic acid market due to several factors. The region's expanding pharmaceutical and healthcare industries, coupled with increasing investments in research and development, are driving demand for sodium glucuronic acid. Moreover, rising healthcare expenditure, growing population, and improving healthcare infrastructure are further fueling market growth. Additionally, the presence of emerging economies like China, India, and Japan, which are witnessing substantial growth in pharmaceutical manufacturing and consumption, contributes to the region's fast-paced expansion in the sodium glucuronic acid market.
The current report Scope analyzes Sodium Glucuronic Acid Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Sodium glucuronic acid market size was estimated at USD XX Millionout of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.1%from 2024 to 2031.
According to Cognitive Market Research, the global Sodium glucuronic acid market size was estimated at USD XX Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4%from 2024 to 2031.
According to Cognitive Market Research, the global Sodium glucuronic acid market size was estimated at USD XX Million out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD XXmillion in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
According to Cognitive Market Research, the global Sodium glucuronic acid market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
According to Cognitive Market Research, the global Sodium glucuronic acid market size was estimated at USD XX Million out of which Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6%from 2024 to 2031.
Global Sodium Glucuronic Acid Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sodium Glucuronic Acid Industry growth. Sodium Glucuronic Acid market has been segmented with the help of its Type, Application , and others. Sodium Glucuronic Acid market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominant category is the Intravenous Drip Type. This category is widely used in medical settings for its ease of administration and controlled dosage delivery. The Intravenous Drip Type is preferred for patients requiring continuous medication over an extended period. Its dominance is attributed to its effectiveness in delivering precise doses of sodium glucuronic acid, especially in critical care scenarios where intravenous administration is crucial for rapid and accurate absorption.
The fastest-growing category in the sodium glucuronic acid market is the Intravenous Injection Type. This category is witnessing rapid growth due to its advantages in terms of convenience and ease of use. Intravenous injections are often preferred in emergency situations or when immediate absorption of the medication is required. The growth of this category is driven by the increasing demand for quick and efficient treatment options, especially in emergency medical services and acute care settings.
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According to Cognitive Market Research, the dominant category is Hospital Pharmacy. Hospital pharmacies are key distribution points for medications used in healthcare facilities, including sodium glucuronic acid. The dominance of this category is driven by the high volume of sodium glucuronic acid used in hospitals for various medical treatments. Hospital pharmacies also have stringent quality control measures in place, ensuring the safe and effective distribution of medications to patients.
The fastest-growing category in the sodium glucuronic acid market is Retail Pharmacy. Retail pharmacies are witnessing rapid growth due to increased consumer access to healthcare services and medications. The convenience of obtaining sodium glucuronic acid and other medications from retail pharmacies, coupled with the growing number of retail outlets, contributes to the growth of this category. Additionally, the expanding role of retail pharmacies in providing healthcare services and medication management further boosts their growth in the sodium glucuronic acid market.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Sodium Glucuronic Acid market report 2024 Edition by contacting our team.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
I am a dedicated and detail-oriented research analyst, committed to unraveling the stories hidden within data. With a solid foundation in market research & analysis, I thrive in the dynamic realm of research, where every dataset presents an opportunity for discovery. My passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.
I am committed to continuous professional development, regularly participating in workshops, attending conferences, and staying attuned to emerging trends in research methodologies to maintain the highest standards in my work. I played a vital role in conducting market research and competitive analysis. I have a proven track record of synthesizing diverse datasets, employing statistical models, and presenting comprehensive insights. My collaborative approach with cross-functional teams facilitated effective communication of findings, fostering a culture of data-driven decision-making within the organization.
Disclaimer:
Type | Intravenous Drip Type, Intravenous Injection Type |
Application | Hospital Pharmacy, Retail Pharmacy, Others |
List of Competitors | Pai Gurosan injections, RPI, Chengdu Tiantai Mount Pharmaceutical, Kanglang Biotechnology, Quanxing pharmaceutical, DongYao |
This chapter will help you gain GLOBAL Market Analysis of Sodium Glucuronic Acid. Further deep in this chapter, you will be able to review Global Sodium Glucuronic Acid Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Sodium Glucuronic Acid Market Trends North America Sodium Glucuronic Acid Technological Road Map North America Sodium Glucuronic Acid Market Drivers North America Sodium Glucuronic Acid Market Restraints North America Sodium Glucuronic Acid Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Sodium Glucuronic Acid market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Intravenous Drip Type have a significant impact on Sodium Glucuronic Acid market? |
What are the key factors affecting the Intravenous Drip Type and Intravenous Injection Type of Sodium Glucuronic Acid Market? |
What is the CAGR/Growth Rate of Hospital Pharmacy during the forecast period? |
By type, which segment accounted for largest share of the global Sodium Glucuronic Acid Market? |
Which region is expected to dominate the global Sodium Glucuronic Acid Market within the forecast period? |
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