18th February 2020 – The Glucuronolactone
Market report provides in-depth analysis and insights into developments
impacting businesses and enterprises on global and regional level. The study
covers the global Glucuronolactone Market presentation regarding revenue
contribution from multiple segments and covers a comprehensive analysis of key
market trends, drivers, restraints, and opportunities influencing revenue
growth of the industry. This research report studies the market size, industry
status and forecast, competition landscape and growth opportunities.
Global Glucuronolactone Market is
expected to reach USD 436.5 million by 2024. Glucuronolactone is also termed as
“D-glucuronolactone” or “D-glucuronic acid” is an organic metabolite found in
the body. This solid white odorless compound is a major component in energy
drinks and stimulants such as Red Bull. It is formed in the human body when
glucose is converted in the liver. It is a water-soluble crystalline component
in several connective tissues in the body like cartilage, tendons, and
ligaments. The glucuronolactone market is estimated to grow at a significant
CAGR over the forecast period as the scope and its applications are rising
enormously across the globe.
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The factors that are playing a major
role in the growth of glucuronolactone market are rising awareness regarding
healthy lifestyle and growing demand from pharmaceutical and food &
beverage industry. However, the side effects of glucuronolactone on health may
restrain overall market growth in the years to come. Glucuronolactone market is
segmented based on product type, application, and region.
Liquid, powder, tablet, and other
product types could be explored in glucuronolactone in the forecast period.
Liquid and powder sector accounted for the majority market share of
glucuronolactone and is estimated to lead the overall market in the years to
come. The reason could be excessive use in health supplements and drinks and
rising health awareness among the populace.
The market may be categorized based on
applications like food & beverage, pharmaceuticals, and others that could
be explored in the forecast period. Food & beverage sector accounted for
the substantial market share of glucuronolactone and is estimated to lead the
overall market in the years to come. The reason could be high usage as an
active ingredient in health-related foods and energy drinks. Also, the
pharmaceutical sector is estimated to grow at the highest CAGR in the years to
come as growing concern regarding health disorders.
Some of the major objectives of this
report:
·
To present detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of global Glucuronolactone Market.
·
To provide insights about
factors affecting the market growth. To analyze the Glucuronolactone Market
based on various factors- price analysis, supply chain analysis, porter five
force analysis etc.
·
To provide historical and
forecast revenue of the Glucuronolactone Market segments and sub-segments with
respect to four main geographies and their countries- North America, Europe,
Asia, and Rest of the World.
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
Trace and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product evolutions, and research and developments in the
Market.
·
To present strategic profiling
of key players in the market, comprehensively analyzing their basic
capabilities.
Some
of the Major Market Players Are:
Shaoxing Marina Biotechnology Co.,
Ltd., Aceto Corporation, Merck Millipore Corporation, Anhui Fubore
Pharmaceutical & Chemical Co., Ltd., Hubei Yitai Pharmaceutical Co.,
Creative Compounds, LLC, and Foodchem International Corporation.
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