May 2, 2024
Glutathione Market

Glutathione Market Propelled By Rising Disease Prevalence

The glutathione market includes supplements in the form of pills, capsules and powders. Glutathione is an important antioxidant in the human body that helps remove pollutants and toxins from the liver and other organs. It plays a key role in boosting immunity and reducing inflammation. The growing prevalence of chronic diseases along with changing lifestyle habits have increased oxidative stress in populations worldwide. This has augmented the demand for glutathione supplements.

The global glutathione market is estimated to be valued at US$552.7 million in 2024 and is expected to exhibit a CAGR of 26% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising disease prevalence has been a major factor boosting demand in the glutathione market. According to estimates, chronic diseases affect over 160 million people globally and account for approximately 60% of all deaths. Diseases like cancer, cardiovascular disorders, diabetes are on the rise. Glutathione plays an important role in reducing oxidative stress which is a major cause of chronic diseases and aging. It helps remove free radicals and reactive oxygen species from the body. With growing health awareness, people are increasingly using glutathione supplements to boost immunity, reduce oxidative stress and lower disease risk. This rapidly expanding consumer base will continue driving market revenue upwards over the forecast period.

SWOT Analysis

Strength: Glutathione has strong antioxidant properties that can improve immunity and protect cells from harmful oxidative stress. It is a potent detoxifier that supports liver function.
Weakness: The effectiveness of glutathione supplements depends on individual metabolism and ability to absorb it. Some people may not see significant benefits from oral supplementation.
Opportunity: Rising health awareness is increasing demand for dietary supplements with antioxidant effects. Growing geriatric population prone to age-related diseases also presents an opportunity.
Threats: stringent regulations around health claims of supplements and competition from other popular antioxidants limit the market potential.

Key Takeaways

The Global Glutathione Market Size is expected to witness high growth.

Regional analysis: The Asia Pacific region dominates the global glutathione market and is expected to maintain its lead over the forecast period. This is attributed to rising health concerns, growing supplement industry and large consumer base in countries such as India and China. North America is also among the faster growing regional markets driven by increasing adoption of complementary medicine and growing obese population prone to oxidative stress.

Key players operating in the glutathione market are Kyowa Hakko Kirin, Jarrow Formulas, NOW Foods, Klaire Labs, Solgar, Nature’s Way, Naturelo, Sundown Naturals, Source Naturals, Doctor’s Best. These manufacturers are focusing on expanding their regional presence and introducing new variants to meet the growing demand.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it