Increased applications of gluconic acid in food & beverage are expected to drive market expansion in the near future at a CAGR of 3.50% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Gluconic Acid Market”.

The gluconic acid market is estimated to register a CAGR of 3.50%during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the gluconic acid market— The Chemours Company, Zhonglan Industry Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., Siddharth Chlorochem Pvt. Ltd., Penta International Corporation, and Connect Chemicals.

Market Highlights

The gluconic acid market is accounted to register a CAGR of 3.50% during the forecast period and is estimated to reach USD 0.24 billion by 2032.

The gluconic acid market is driven by its extensive applications in various industries such as food, pharmaceuticals, and agriculture. Its environmentally friendly nature and biodegradability further fuel market growth. Opportunities abound in the increasing demand for gluconic acid as a chelating agent and its use in cleaning formulations. However, challenges include fluctuations in raw material prices and stringent regulations regarding its production and usage, limiting market expansion.

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Segment Analysis

The gluconic acid market has been segmented into type and application.

On the basis of Type, the market is segmented into Glu Gluconic Acid, Glucono Delta Lactone, Sodium Salt of Gluconic Acid, Calcium Salt of Gluconic Acid, and Others. The Glu Gluconic Acid segment was attributed to holding the largest market share in 2022. Due to its primary role as the foundational form of gluconic acid, it is widely used in various applications, including food and beverage, pharmaceuticals, and construction. Conversely, the fastest-growing type category is Glucono Delta Lactone, which is experiencing rapid expansion as it serves as a multifunctional ingredient in the food industry, acting as an acidulant, leavening agent, and sequestrant.

Based on Application, the gluconic acid market has been segmented into Food & Beverage, Pharmaceuticals, Chemicals, Agriculture, and Others. The Food & Beverage segment was expected to hold the largest market share in 2022. Due to the widespread use of gluconic acid as a food additive, acidifier, and preservative. Conversely, the fastest-growing application category is pharmaceuticals, which is experiencing rapid expansion as gluconic acid finds increasing use in pharmaceutical formulations for its chelating and buffering properties.

Regional Analysis

The gluconic acid market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The European gluconic acid market comprises Germany, France, the UK, Italy, Spain, and the Rest of Europe. The gluconic acid market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia-Pacific. The Rest of the World gluconic acid market comprises the Middle East, Africa, and Latin America.

The largest market share for gluconic acid was maintained by the North American regional sector. This increase is attributed to expanding research and development for hydrogen generation and the adoption of electric vehicles in the area. Additional factors promoting market growth include increased investor investments, government support, and the viability of the technology in the area. The implementation of stringent rules, the growing trend of using green fertilizers, and the considerable presence of significant technology providers and major production companies all have an impact on the U.S. market.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for gluconic acid is driven by rising environmental consciousness and the establishment of strict environmental legislation. The market expansion is supported by an increase in the deployment of fuel cell projects as a result of a rise in consumer preference for using sustainable energy sources.

Additionally, due to the increasing emphasis placed on green energy and carbon emission reduction by government bodies through policies and initiatives, Asia-Pacific is anticipated to experience the quickest growth over the forecast period. For instance, the Indian government claimed that it would increase the country's electric vehicle sales through the provision of subsidies. The Asia-Pacific market will benefit from a growing emphasis on environmentally friendly energy sources.

Furthermore, the Rest of the world's gluconic acid market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use of electric vehicles and hydrogen production research and development. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The gluconic acid market is expected to reach USD 0.24 billion by 2032, at a CAGR of 3.50%during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increased investor investments, government support, and the viability of the technology in the area.


• Based on application, the food & beverage segment was attributed to holding the largest market in 2022, with an approximate market share of 40–55%.


• The Chemours Company, Zhonglan Industry Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., Siddharth Chlorochem Pvt. Ltd., Penta International Corporation, Connect Chemicals, Charkit Chemical Company LLC., Beijing LYS Chemicals Co., Ltd., Haihang Industry Co., Ltd., and CrossChem LP are key players in the market.