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Glucono delta-Lactone (GDL) Market Size, 2018-2023 | Industry Report

Glucono delta-Lactone (GDL) Market Size Analysis, Segmentation, Industry Outlook and Forecasts, 2018 - 2023

Report ID: MN17618877  |  Published: November 2018  |  No of Pages: 114
Format: Electronic (PDF)  |  Industry: Food & Beverage  |  Publisher: GEN CONSULTING

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.

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

Key Vendors
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