Press release
The key driving factors of the Guanylic acid market are increasing demand for processed food industry, dairy, and non-dairy food products and increasing health awareness among consumers
The guanylic acid in the form of its salts, includes calcium guanylate, disodium guanylate, dipotasium guanylate are food additives used as taste enhancers to deliver the umami taste and extensively distributed as an element of RNA in living organisms. Guanylic acid is expensive additives and usually not used independently of monosodium glutamate that also gives umami taste. Guanylic acid is produced from fish and also from yeasts. So, this is not suitable for vegetarian and vegans. Disodium guanylate is widely found in, potato chips and snacks, instant noodles, savoury rice, cured meats, tinned vegetables and packet soup.
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Guanylic Acid Market: Drivers and Restraints
The key driving factors of the Guanylic acid market are increasing demand for processed food industry, dairy, and non-dairy food products and increasing health awareness among consumers. The macroeconomic factors which are driving Guanylic acid market include rising disposable income, a rapid rate of urbanization, changing lifestyle and emerging economy. Another major driving factors of a global Guanylic acid market are mergers and acquisition among the Guanylic acid market players and high investment in food & beverages industry. The market players operate in a Guanylic acid market can capture high market share by doing forward integration and through the merger with domestic players. The key restraining factor of the Guanylic acid market is side effects such as increase asthmatic problem. Hence, Asthmatic people should avoid using products made of Guanylic acid.
Guanylic Acid Market: Segmentation
The guanylic acid market can be segmented by salt type, end use industry type, application type, and region type globally.
The guanylic acid market can be segmented by end-use industry type globally as follows:-
Pharmaceutical
Nutraceutical
Cosmetics
Food & Beverage
Others
The guanylic acid market can be segmented by salt type globally as follows:-
Disodium guanylate
Dipotasium guanylate
Calcium guanylate
The guanylic acid market can be segmented by application type globally as follows:-
Flavoring agent
Taste enhancer
others
Guanylic Acid Market: Segmentation Overview
Guanylic acid market segmentation is done by the end-use industry includes the pharmaceutical industry, cosmetics, nutraceutical, food and beverages industry and others. Among above-mentioned industry, Food and Beverage account highest market share in global Guanylic acid market and is estimated to witness a positive growth over the forecast year. Another segmentation of global Guanylic acid market is done based on application types such as flavoring agent, taste enhancer, and others. Among these mentioned application type, flavoring agent captures high market share in global Guanylic acid market. Food and beverage have been the largest market for Guanylic acid for long years. Guanylic acid is also segmented by its salt types such as disodium guanylate, dipotasium guanylate and calcium guanylate. Among all above-mentioned salt type, Disodium guanylate accounts high market share in global Guanylic acid market.
Guanylic Acid Market: Regional Outlook
By the geographies, the global Guanylic acid market is segmented into seven regions including Latin America, North America, Japan, Middle East & Africa, WesternEurope, Eastern Europe and Asia-Pacific except Japan. Among the regions, Western Europe is the largest market and projected to expand at a high growth rate in the Guanylic acid market, attributed to strong health consciousness among consumers and highly usage in food industry across the regions. Due to high demand of guanylic acid as additives in food & Beverages industry, it is predicted that Japan and North America will see a high growth rate in disodium inosinate market across the globe. Middle East & Africa is predicted to witness a slow growth rate in global guanylic acid market, owing to low demand of guanylic acid in that region.
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Few prominent market players of Guanylic acid market as follow:-
Phenomenex Inc.
Sigma-Aldrich, Inc.
YAMASA CORPORATION. Zhejiang
Qucheng Chemical Co., Ltd.
Hunan Huateng Pharmaceutical Co., Ltd
AHH Chemical
Anhui BBCA Pharmaceutical Co., Ltd.
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