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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