The global copper gluconate market is expected to reach USD 1.0 billion by 2028 from an estimated USD 0.5 billion in 2018, growing at a CAGR of 7.6% during the forecast period (2018-2028). The growth can be attributed to increasing demand for dietary supplements and fortified foods across regions such as North America, Europe, Asia Pacific, and the Middle East & Africa due to rising awareness about health benefits associated with consumption of these products among consumers.
Copper is an essential element that helps in the formation of blood cells, bone, and connective tissue as well as contributing to protein synthesis. Copper gluconate is a salt form of copper consisting mainly of two molecules- copper sulfate and glucose. The addition of glucose makes it more soluble than other forms such as copper oxide or chloride. Examples include pharmaceutical grades for use in medicines, food-grade used primarily for fortification purposes, animal feed grade which is preferred by farmers due to increased nutritional value over zinc oxides and chloride.
Copper gluconate is used for the treatment of Wilson's disease, arthritis, and Alzheimer’s Disease. It has also been approved by FDA to fortify food with copper as well as a supplement in dietary supplements such as multivitamins, prenatal vitamins, or mineral supplements. It can be applied externally on the skin for its anti-microbial properties which reduce foul odors from wounds and acne scars among other benefits. Copper Gluconate is not recommended for individuals suffering from hemochromatosis (excessive iron accumulation) due to the increased risk of toxicity associated with it.
On the basis of type, the global copper gluconate market is segmented into pharmaceutical-grade, food-grade, and others.
The scientific name for pharmaceutical-grade copper gluconate is copper sulfate pentahydrate. It is a compound that combines the chemical element of copper with the sugar called glucose, which can be found in apples and other fruits such as grapes. Copper sulfate pentahydrate has been used since ancient times to treat conditions related to anemia or diabetes mellitus, but it also has applications in cosmetics manufacturing because of its ability to reduce free radicals.
Food-grade copper gluconate is an inorganic salt that contains the mineral copper and glucose. It has a variety of uses, including as a dietary supplement to prevent iron deficiency and increase energy levels. Copper also plays a role in the production of red blood cells by forming heme, which gives them their color. In addition to its nutritional benefits, food-grade copper gluconate can discourage microbial growth on foods like cheese; it's often used for this purpose because it doesn't have the same negative health effects as other chemical additives such as sodium nitrite or potassium sorbate do (though these substances are still sometimes used).
On the basis of application, the global copper gluconate market is segmented into pharmaceuticals, dietary supplements, personal care products(shampoo), fortified foods (cereal) animal feed, and others
The application of copper gluconate in the pharmaceutical industry is mainly for making tablets, capsules, and reconstituting oral liquid products. It also plays an important role in reducing microbial growth by slowing down enzyme activity that would otherwise break down a drug. Copper Gluconate is used in the pharmaceutical industry for treating Wilson's disease, a hereditary disorder that causes copper to accumulate in tissues and organs.
In the dietary supplement industry, copper gluconate is used as a nutrient to prevent and treat nutritional deficiencies. It can also be found in fortified food products such as bread and cereals.
The application of copper gluconate in dietary supplements is to improve the health status of people. Copper supplementation helps protect against deficiencies, meet requirements and maintain optimal levels in the body. The ingestion of copper also prevents anemia because it aids iron absorption into the bloodstream from food sources such as red meat or iron-fortified cereal. It may be added to a variety of foods for those who are not able to consume enough through diet alone, including cereals with minimal amounts like less than 20% on each item's label; rice cakes; baby formula powder mix; energy bars; yogurt drinks containing vanilla flavorings or other fruit flavors that have been specifically formulated without fortifying minerals such as zinc, calcium or vitamin D (elements needed for growth and bone health).
Copper gluconate has multiple applications in personal care including being added to body lotions for enhanced absorption of active ingredients and to sunscreens in order to help stabilize the product. Copper gluconate is used for treatments that claim to slow down or stop hair loss. The ingredient can also be found in a number of anti-aging skin creams. Copper Gluconate pills are available online and can be taken daily as an alternative treatment option, although this has not been clinically proven to work.
The application of copper gluconate in fortified foods is a process whereby the nutrients present in food are enhanced by adding small amounts of minerals, vitamins, or other compounds. The aim is to improve the quality and/or quantity of micronutrients available for human consumption with minimal cost per unit. Food fortification has been successfully used as an intervention tool to reduce malnutrition prevalence among vulnerable groups such as pregnant women, infants, and young children. In developing countries where nutritional deficiencies may be high due to a lack of access to nutritious food items, dietary supplements can prove useful.
Animal feeds are an important industry for copper gluconate because it helps to speed up the growth rates of poultry farms. In addition to animals' increasing appetite for chicken meat over pork or beef due to a growing preference among consumers for white meat; there are also projections that demand will increase with high-income countries adopting more western diets which include red meats less frequently than vegetables and fruits. The use of copper gluconate in animal feed helps to promote faster growth rates, healthier skin, and improved egg yolk quality.
On the basis of region, the global copper gluconate market segmented into North America, Latin America, Europe, and the Asia Pacific. The report covers all the four major regions of the world in detail which includes present as well as future trends that will impact these regional markets over the next few years.
The developing countries are expected to grow at a higher rate due to their large populations with increased demand for animal feed and dietary supplements. Factors such as high levels of poverty and population growth rates coupled with limited agricultural land continue to pose challenges in this region; however, it is also an area where copper gluconate has seen increasing applications on account of its benefits being recognized more prominently than other products used by farmers.
Increasing food fortification with copper is a key driver of growth in the global Copper Gluconate market. The prevalence and incidence rates for iron deficiency anemia, which can be treated using dietary supplements containing copper, are increasing across regions such as North America, Asia Pacific, and Europe. In addition to this factor, increased demand from pharmaceutical applications is also driving the growth in the market.
Up Market Research published a new report titled “Copper Gluconate Market research report which is segmented by Types (Pharmaceutical-Grade, Food-Grade, Others), By Applications (Pharmaceuticals, Dietary Supplements, Personal Care, Fortified Foods, Animal Feed, Others), By Players/Companies Novotech Nutraceuticals, Jost Chemical, Kelatron, Zygosome, Fuso Chemical”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Copper Gluconate Market Research Report|
|By Type||Pharmaceutical-Grade, Food-Grade, Others|
|By Application||Pharmaceuticals, Dietary Supplements, Personal Care, Fortified Foods, Animal Feed, Others|
|By Companies||Novotech Nutraceuticals, Jost Chemical, Kelatron, Zygosome, Fuso Chemical|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||237|
|Number of Tables & Figures||166|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Pharmaceutical-Grade, Food-Grade, Others and By Application Pharmaceuticals, Dietary Supplements, Personal Care, Fortified Foods, Animal Feed, Others.
Some of the companies that are profiled in this report are:
Copper Gluconate Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Copper Gluconate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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