Ascorbyl Glucoside Market Benefiting from Growing Demand for
Skincare and Cosmetic Products with Antioxidants: Fact.MR
Study
ROCKVILLE, Md., July 2, 2024 /PRNewswire/ -- As per a new report
released by Fact.MR, the global Ascorbyl Glucoside
Market is expected to reach a size of US$ 135 million in 2024 and thereafter
increase at a CAGR of 6.1% from 2024 to 2034. By the end of
2034, the market is projected to reach US$ 244 million in value.
A naturally occurring antioxidant found in plants, ascorbyl
glucoside is a common ingredient in moisturizers, serums, and
creams, among other cosmetic goods. The market is being driven
forward by rising awareness of antioxidants, a growing number of
companies manufacturing cosmetics, and the increasing desire for
natural and organic skincare products across the world. Growing
demand for skincare and cosmetics products with antioxidant
properties is being seen worldwide, which is also fostering fierce
competition in the industry.
Manufacturers need to produce high-quality products that satisfy
consumer demand and adhere to legal standards to flourish in the
ascorbyl glucoside business space. The market is anticipated to
develop steadily despite certain obstacles, such as rivalry from
other antioxidants and pressure on prices.
For More Insights into the Market, Request a Sample of this
Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=10212
Key Takeaways from the Market Study:
- Direct sales of ascorbyl glucoside account for 51.6% market
share in 2024.
- East Asia is expected to
account for 37.9% of the global market share by 2034.
- The North American is projected to expand at a CAGR of 6.3% and
reach a valuation of US$ 114.9
million by 2034.
- Powder ascorbyl glucoside accounts for 54.2% market share in
2024.
"Demand for natural and organic skincare products is
something ascorbyl glucoside producers should
leverage to gain a strong foothold in the market," says a
Fact.MR analyst.
Winning Strategy:
A successful approach for the ascorbyl glucoside market is to
collaborate with well-known businesses in the cosmetics sector to
capitalize on the rising demand for natural and organic skincare
products. Businesses can also concentrate on differentiating their
products by providing ascorbyl glucoside in customized
concentrations and formulations to meet the needs of a wide range
of customers. Maintaining a competitive edge will also depend on
funding research and development to improve the product's stability
and bioavailability.
Investing in eco-friendly production, developing multifunctional
formulations, and collaborating with cleaning and personal care
companies is the way forward. Through regionalized marketing,
market players should look to expand into the Asia Pacific and increase their footprint.
Ascorbyl Glucoside Industry News:
Ascorbyl glucoside is a competitive market with a mix of
established players and newcomers. To meet the growing demand,
businesses are concentrating on expanding the range of products
they sell, investigating possible mergers with other businesses,
and venturing into new markets.
- L'Oreal Paris launched its 10% ascorbic acid Revitalift Derm
Intensives Vitamin C Serum in December
2021. Ascorbyl glucoside, a derivative of vitamin C, is more
stable and causes less irritation than ascorbic acid. Its purpose
is to make the skin tone more radiant.
- SkinCeuticals launched Silymarin CF, a vitamin C serum, in
May 2023. It contains 0.5% ferulic
acid, 0.5% ascorbyl glucoside, and 15% L-ascorbic acid (pure
vitamin C) to improve stability and offer antioxidant
protection.
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Leading Players Driving Innovation in the Ascorbyl
Glucoside Market:
- 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
More Valuable Insights:
Fact.MR, in its new offering, presents an unbiased analysis of
the ascorbyl glucoside market, presenting historical market data
(2019 to 2023) and forecast statistics for the period of 2024 to
2034.
The study reveals essential insights based on form (liquid,
powder), application (personal care & cosmetics, food &
beverages, pharmaceuticals, others (animal feed, agrochemicals,
etc.)), and distribution channel (direct sales, indirect sales),
across seven major regions of the world (North America, Latin
America, Western Europe,
Eastern Europe, East Asia, South
Asia & Pacific, and MEA).
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About Us:
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renowned for its comprehensive market reports and invaluable
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and competitive landscapes. Renowned for its commitment to accuracy
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competitive.
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