Glutathione Resin Market Opportunities to Reach $777.46 Million by 2028 | Grand View Research, Inc

“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the market is anticipated to be driven by the growing demand for affinity chromatography techniques in research and development activities related to drug and vaccine development.

The global glutathione resin market size is expected to reach USD 777.46 million by 2028, registering a CAGR of 8.4% over the forecast period, as per the new report by Grand View Research, Inc. The market is majorly driven by the rising product demand on account of the rapid expansion of pharmaceutical industries and vaccine production.

Glutathione is widely used across numerous applications, such as cosmetics and nutraceuticals, owing to its beneficial properties. The product is one of the majorly used skin whitening agents in the cosmetic industry. Nowadays, skin whitening agents, either intravenous, oral, or topical, are widely available in the markets. Thus, the demand for glutathione is expected to increase over the forecast period, specifically in the cosmetic industry.

The growing investments for the development of structure-based drugs and technological advancements by both public and private research organizations are driving the demand for protein purification, in turn, making the protein purification application the dominant application segment and driving the product demand. With the increasing population, the demand for vaccines, pharmaceutical drugs, and high-quality proteins is rising, leading to a growth of the market. Increased government regulations are likely to restrict the market growth to some extent over the forecast period.

North America is anticipated to be the major regional market owing to the presence of highly developed pharmaceutical industries in countries, such as the U.S. and Canada. The pharmaceutical and biotechnology industry for glutathione resin is the biggest in this region owing to the huge demand from the research sector of the regional market. This market has widespread applications across various industries with the number of new players entering into growing pharmaceutical, biochemical, and other application industries.

Browse full report with Table of Content (PDF with All Related Graph and Chart)@ https://www.grandviewresearch.com/industry-analysis/glutathione-resin-market-report

Glutathione Resin Market Report Highlights

The key factor contributing to the market growth include the increasing number of companies entering the market to fulfill the demand and supply gaps occurred due to cutback in major producing countries like China, India, and others
Moreover, the growing usage of protein purification techniques and products in the research segment is expected to fuel market growth in the forecast period
The protein purification application segment accounted for the highest share of more than 41% in 2020. This growth was credited to the increased research activities related to the inclusion of affinity chromatography in vaccine formulations
In 2020, Asia Pacific was the largest regional market owing to the growing pharmaceutical R&D sectors in the region. It is estimated to expand further at the fastest CAGR from 2021 to 2028
However, in terms of volume, North America accounted for the highest share in 2020 due to high demand from end-use application sectors in the developed economies, especially the U.S.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/glutathione-resin-market-report/request/rs1

Glutathione Resin Market Segmentation

Grand View Research has segmented the global glutathione resin market report on the basis of application and region:

Glutathione Resin Application Outlook (Volume, Thousand Liters; Revenue, USD Thousand, 2017 – 2028)

Protein Purification
Immunoprecipitation (IP)
Research
Others

Glutathione Resin Regional Outlook (Volume, Thousand Liters; Revenue, USD Thousand, 2017 – 2028)

North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Asia Pacific
China
India
Japan
South Korea
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa

List of Key Players of Glutathione Resin Market

Merck kGaA
Bio-Rad Laboratories, Inc.
Thermo Fisher Scientific, Inc.
Cytiva
Takara Bio, Inc.
Mitsubishi Corporation Life Sciences Ltd.

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/451681/ibb

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/glutathione-resin-market-report