The global gluconic acid market size is expected to reach USD 1.8 billion in 2028 and register a revenue CAGR of 5.2% over the forecast period, according to the latest report by Reports and Data.
Because of its small molecular structure, it has an unrivaled ability to quickly and effectively penetrate the skin, aiding in the fight against many negative effects of pollution and other anti-aging issues by cleansing and exfoliating the dead skin layers. Acne breakouts, hyperpigmentation, fine lines, scars, and other age-related skin marks or spots are reduced when glycolic acid is used in anti-aging and anti-pollution skincare creams, facial cleansers, gels, and scrubs. Aside from these factors, the rising demand for glycolic acid-based over-the-counter skin care products (creams, toners, and masks) and the expanding market for keratolytic agents as dermatological conditions worsen are expected to drive the glycolic acid market. Because of its ability to soften keratin, glycolic acid is the most commonly used keratolytic agent in the treatment of skin conditions.
Top Companies: PMP Fermentation Products, Shandong Xinhong Pharmaceutical Industry Limited Company, Xingzhou Medicine Food, Kaison Biochemical, Roquette, Shandong Fuyang Biotechnology, Ferro Chem Industries, Tianyi Food Additives, Shandong Xiwang Sugar Industry Co., Jungbunzlauer, Ruibang Laboratories, and Gress Chemicals.
Glycolic acid is a water-based alpha hydroxy acid that is commonly used in the formulation of various cosmetics and personal care products. Because of its organic nature and high exfoliation properties, glycolic acid is a popular ingredient in skincare and haircare products. Skin damage, on the other hand, can be a significant disadvantage or restraint on market growth. Glycolic acid is generally advised to be used with a layer of sunscreen cream and in the correct proportion; failure to do so can result in severe skin damage and other issues. The most common side effects of the glycolic acid use, regardless of concentration, are stinging and burning of the skin. Furthermore, temporary and/or long-term redness, crusting, scabbing, dryness, flaking, and peeling of the skin are some of the symptoms.
Market Segmentation Outlook:
- Glu Gluconic Acid
- Glucono Delta Lactone
- Sodium Salt of Gluconic Acid
- Calcium Salt of Gluconic Acid
- Food & Beverage