Global Glucaric Acid Market 2017-2021

Overview of the global glucaric acid market

D-glucaric acid-1,4-lactone is a derivative of the glucaric acid and is extensively used in the treatment of different types of cancer such as prostate and breast cancer. Research analysis on the global glucaric acid market identifies that the growing demand for derivatives of D-glucaric acid in cancer treatment will be one of the major factors that will have a positive impact on the market's growth in the coming years. D-glucaric acid D eliminates and detoxifies certain metabolic waste products. Glucaric acid is present in grapefruits, oranges, apples, broccoli, cauliflower, and cabbage in high concentration. The consumption of fruits and vegetables reduces the risk of cancer by inhibiting the enzyme called beta-glucuronidase. The demand for glucaric acid is increasing due to the rising population in China and India and the increasing number of people with breast and lung cancer. Technavio's market research analysts predict that this market will grow at a CAGR of close to 11% by 2021.

The abundant availability of sugar in major countries such as India, China, and Pakistan facilitates the production of glucaric acid in APAC. The climatic conditions in the region also support the growth of sugarcane. This will boost the production of sugar and glucaric acid in these countries. Furthermore, the high prevalence of cancer in China and India is also driving the need for derivatives of glucaric acid such as calcium D-glucarate that inhibits cancer-causing carcinogens.