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GLUTATHIONE MARKET ANALYSIS

Glutathione Market, By product type (Reduced Glutathione and Oxidized Glutathione), By Application (Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Glutathione MarketSize and Trends

Global glutathione market is projected to reach around US$ 495 Mn by 2030, in terms of revenue, exhibiting a CAGR of 8.8% during the forecast period (2023-2030).

Global Glutathione Market: Trends

Shift Towards E-commerce Platforms

Increasing trend of online shopping due to growing digital engagement of consumers as well as manufacturers that enable easy access to products through e-commerce channels is expected to boost sale of cosmetic products. For instance, in 2022, Amazon, largest online retailer in the world and its beauty category is one of its fastest growing segments. In 2022, Amazon generated an estimated UD$ 15 Billion in revenue from online cosmetics sales.

Figure 2. Global Glutathione Market Share (%), By Application, 2022

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