Global Glucono delta-Lactone (GDL) Market Outlook 2018-2023

The global glucono delta-lactone (GDL) market is expected to display higher growth rate over the next five years. Rapid surge in market is credited to the rising health consciousness along with the growing need for healthy and comfort foods. Glucono delta-lactone (GDL) is commonly termed as gluconolactone that consists of energy boosters, health enriching elements, and disease averting characteristics. Such advantages of glucono delta-lactone (GDL) are generating massive demand in food and beverage industry, thus boosting growth of the functional ingredients market in coming years. 

Globally, glucono delta-lactone (GDL) market is predicted to generate massive revenue over the next five years, providing numerous opportunities for industry participants to invest in research and development of glucono delta-lactone (GDL). Glucono delta-lactone (GDL) is increasingly used in feta cheese. Glucono delta-lactone (GDL) is considered as neutral during most chemical reaction, however hydrolyses in water to gluconic acid, which is acidic, this adds a tangy taste to foods. 

Additionally, growing preference towards pH controlling agents and latest trends involving packaged food containing high content of vitamins, minerals, and natural extracts is augmenting growth of the market by creating a suitable environment for their regular use in foods and beverages industry. Rising health awareness among consumers and changing food patterns across the globe are some of the key factors driving demand for the high nutrient content diet. Other factors responsible for driving the growth of glucono delta-lactone (GDL) market are increase in personal expenditure, increasing of urban audience and preference towards fortified convenience foods with high nutritional content.   

The glucono delta-lactone (GDL) market is broadly categorized into major segments based on the application type such as food production sector, beverages industry, pharmaceutical sector, and cosmetics industry. Food production segment is growing rapidly in the with substantial revenue generation in the last few years. Growing popularity of glucono delta-lactone (GDL) in food production segment is attributed to the increasing demand for pH controlling agent and an acidulant.

The glucono delta-lactone (GDL) market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in chemical manufacturing sector, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness slower growth rate over the coming years. 

Asia-Pacific region is estimated to hold a major share in the glucono delta-lactone (GDL) market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising manufacturing activities, favorable government regulations, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the glucono delta-lactone (GDL) market are Shandong Xinhong Pharmaceutical Co., Ltd., Jungbunzlauer International AG, Roquette America, Inc., BASF SE, TTCA Co., Ltd., Arkema Group, Huntsman International LLC, Yuanming Group, Shandong Baisheng Biotechnology Co., Ltd., and Xingzhou Medicine Foods.

Global Market for glucono delta-lactone (GDL) to 2023 offers detailed coverage of glucono delta-lactone industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading glucono delta-lactone producers to provide exhaustive coverage of the glucono delta-lactone.

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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