Ascorbyl Glucoside Market

Ascorbyl Glucoside Market Growth Outlook (2024 to 2034)

Estimated to be valued at US$ 135 million in 2024, the global ascorbyl glucoside market size is projected to expand at a CAGR of 6.1% to increase to US$ 244 million by the end of 2034.

The market is benefiting and becoming more competitive due to the rising demand for skincare and cosmetics products that offer antioxidant advantages. However, the market also faces hindrances such as price pressure, regulatory barriers, and competition from other antioxidants. To thrive in this industry, businesses must focus on creating superior goods that satisfy the expanding consumer need for skincare products that are strong in antioxidants, while making sure to abide by legal standards and offer affordable products.

Report Attribute	Details
Ascorbyl Glucoside Market Size (2023A)	US$ 126.8 Million
Estimated Market Value (2024E)	US$ 135 Million
Forecasted Market Value (2034F)	US$ 244 Million
Global Market Growth Rate (2024 to 2034)	6.1% CAGR
North America Market Share (2024)	46.2%
East Asia Market Share (2024)	37.1%
Key Companies Profiled	Nagase; Gfn-Selco; SpecChem; Sino Lion; Hubei Artec Biotechnology; ZhiShang Chemical; Shandong Look Chemical; Shaanxi Bolin Biotechnology; Xi’an Junyuan Biotechnology; Macrocare; Qingdao; Trongen Biotech; Jinan Chenghui-Shuangda Chemical; Other Prominent Players.

Sales Analysis of Ascorbyl Glucoside (2019 to 2023) vs. Market Forecasts (2024 to 2034)

Growing demand for antioxidants and health and natural skincare products is set to drive the ascorbyl glucoside market forward. Cosmetics will be the main driver of growth in the near future, medicines in the medium term, and nutraceuticals and functional foods in the long term. Customers now expect transparency in the goods they purchase, and there is a growing trend toward full ingredient disclosure.

Historical Attribute	Details
Market Size (2019A)	US$ 100.4 Million
Market Size (2023A)	US$ 126.8 Million
Market Growth Rate (2019 to 2023)	5.6% CAGR

• Short Term (2024 to 2027): Increasing demand from the cosmetics industry for antioxidants and natural skincare products will be seen. Ascorbyl glucoside is being used more in sunscreens and moisturizers because of its anti-aging and UV protection qualities. Robust demand is expected from developing economies in China and India.
• Medium Term (2027 to 2030): Expansion into the pharmaceutical industry, including dietary supplements and dressing wounds, will be seen. Ascorbyl glucoside will become popular in oral care products because of its antibacterial and anti-inflammatory qualities. Due to its anti-dandruff and antioxidant properties, this chemical will be widely used in hair care products over the coming years.
• Long Term (2030 to 2034): Ascorbyl glucoside will exhibit high usage in functional foods and nutraceuticals, especially in areas such as immune system support and eye health. Increasing consumption of ascorbyl glucoside is expected in veterinary products such as vitamins and pet food. Creation of novel delivery systems such as liposomes and nanoparticles to improve ascorbyl glucoside's bioavailability and effectiveness will be a key focus area.

According to Fact.MR, a market research and competitive intelligence provider, ascorbyl glucoside market growth is projected at 6.1% CAGR between 2024 and 2034.

What are the Key Ascorbyl Glucoside Market Trends to Watch Out For?

“Ascorbyl Glucoside Gaining Popularity in Cosmetic Applications”

The cosmetics industry's need for natural skincare products is pushing the rise of ascorbyl glucoside. Natural components such as ascorbyl glucoside are in high demand due to consumers' growing preference for natural and organic products. Perceived advantages of natural products, such as better skin health, less irritation, and greater efficacy, are key factors advancing this trend.

To meet this increasing demand, cosmetic businesses are adding ascorbyl glucoside to a variety of their products such as serums, moisturizers, and sunscreens. It is anticipated that this pattern will hold, driving ascorbyl glucoside market growth over the long term.

“Growing Demand for Use in Nutraceuticals and Functional Foods”

Increased recognition of the significance of nutrition and well-being is driving up the demand for nutraceuticals and functional foods. These products contain ascorbyl glucoside as a natural component, which has anti-inflammatory and antioxidant properties.

Increasing aging population, growing prevalence of chronic diseases, and rising acceptance of healthy lifestyles are the main factors driving the need for nutraceuticals and functional foods. Ascorbyl glucoside is being used to boost the immune system, maintain eye health, and promote cardiovascular health. It comes in a variety of forms, including capsules, pills, and powder.

“Limited Shelf Life of Food Products and High Production Costs of Cosmetics”

The short shelf life of food and beverage products containing ascorbyl glycoside and high production costs in the cosmetics sector are two key factors impeding the growth of the ascorbyl glycoside market. Adoption of ascorbyl glucoside in the food and beverage industry is limited by its short shelf life, which poses a challenge for manufacturers seeking to design products with longer shelf lives.

Similar to this, manufacturers in the cosmetics sector find it challenging to provide ascorbyl glucoside products at a competitive price, which restricts the product's use. Market expansion and possible uses are being hampered by these issues.

Country-wise Insights

What is the Current State of the Ascorbyl Glucoside Market in the United States?

“Growing Demand from Pharmaceutical and Cosmetics Sectors”

Sales growth of ascorbyl glucoside is steady in the U.S. at present; however, demand is rising in the pharmaceutical and cosmetics sectors. Based on this detailed market research, the U.S. ascorbyl glucoside market is anticipated to expand at a CAGR of 6.4% from 2024 to 2034, reaching US$ 85.3 million by the end of 2034.

Necessity for efficient skincare products and the growing appeal of antioxidant-rich cosmetics are the main demand drivers in the country. The U.S. market for ascorbyl glucoside is expanding due to middle-class customers' rising disposable income and purchasing power. Higher price points from fewer rivals are allowing new entrants to increase their profit margins. However, two main obstacles to market growth are high production costs and the short shelf life of goods based on ascorbyl glucoside.

Will the European Region Be Economically Viable for Ascorbyl Glucoside Producers?

“Demand for Ascorbyl Glucoside Driven by Regulatory Environment”

Between 2024 and 2034, the European market is projected to advance at a CAGR of 6.5% and reach a value of US$ 38.3 million.

With strict laws in the region regarding skincare goods that favor the use of natural and organic components, the European market for ascorbyl glycoside is set to be highly profitable. The European Union's prohibition of specific chemicals in cosmetics has led to an increase in the demand for other substances, and ascorbyl glucoside manufacturers benefit here, which is regarded as a safe and natural antioxidant.

Additionally, the market for goods containing ascorbyl glycoside will be driven by the rising demand for sustainable and eco-friendly products as well as the growing recognition of the significance of skin health.

Category-wise Insights

Which is the Prominent End Use of Ascorbyl Glucoside?

“High Use in Skincare, Anti-Aging, and Skin-Brightening Products”

The personal care and cosmetics segment is expected to expand at a CAGR of 6.2% and reach a market value of US$ 17.5 million by 2034.

The growing market for skincare products is set to only benefit producers of ascorbyl glucoside due to the rise in the demand for anti-aging and skin-brightening products. For instance, growing demand for natural and organic goods is predicted to drive the skincare market forward.

Because of its capacity to combat free radicals and encourage the creation of collagen, ascorbyl glucoside is a widely used ingredient in skincare products. Demand for cosmetics and wellness products containing ascorbyl glucoside is predicted to rise due to the higher level of awareness about skin health across the world.

Competitive Landscape

Key players in the market for ascorbyl glucoside are Nagase, Gfn-Selco, SpecChem, Sino Lion, Hubei Artec Biotechnology, ZhiShang Chemical, Shandong Look Chemical, Shaanxi Bolin Biotechnology, Xi’an Junyuan Biotechnology, Macrocare, Qingdao, Trongen Biotech, and Jinan Chenghui-Shuangda Chemical.

There is a mix of long-standing competitors and recent entrants in the competitive ascorbyl glucoside market. Businesses are focusing on broadening their product offerings, looking into potential mergers with other companies, and entering new markets to fulfil the rising demand.

• In December 2021, L'Oreal Paris released its Revitalift Derm Intensives Vitamin C Serum, a serum with 10% ascorbic acid. The vitamin C derivative ascorbyl glucoside is less irritating and more stable than ascorbic acid itself. It is designed to brighten the skin tone.
• In May 2023, SkinCeuticals released Silymarin CF, a vitamin C serum that incorporates 15% L-ascorbic acid (pure vitamin C), as well as 0.5% ascorbyl glucoside and 0.5% ferulic acid, to enhance stability and provide antioxidant protection.

Fact.MR has provided detailed information about the price points of key manufacturers of ascorbyl glucoside positioned across regions, sales growth, production capacity, and speculative technological expansion, in this recently published market report.

Key Segments of Ascorbyl Glucoside Market Research

• By Form :

  • Liquid
  • Solid

• By Application :

  • Personal Care & Cosmetics
    • Skincare Products
    • Hair Care Products
    • Others (Toiletries, etc.)
  • Food & Beverages
    • Bakery Products
    • Dairy Products
    • Beverages
    • Others (Snacks, etc.)
  • Pharmaceuticals
  • Others (Animal Feed, Agrochemicals, etc.)

• By Distribution Channel :

  • Direct Sales
  • Indirect Sales

• By Region :

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa