Press release
Arabinogalactan Market Size, Share, Development by 2023
Arabinogalactan is a complex water-soluble polysaccharide compound of plant origin. Arabinogalactan contains molecules of galactose and arabinose. Two sources of arabinogalactan are Western Larch (Larix occidentalis) and Mongolian Larch (Larix dahurica). Most commercial arabinogalactan is produced from Western Larch, a renewable resource.
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Global Arabinogalactan Market: Forecast by Type / Application / Region
The market is monopolized by company LONZA. In the spring of 2006, LONZA acquired the larch arabinogalactan business from Larex, Inc. Now LONZA is the largest arabinogalactans producer followed by Russia producer Ametis JSC. Ametis JSC began to produce arabinogalactans in 2007. It is the manufacturer of larch arabinogalactan under the trade mark Lavitol. Jilin Forest Industry is the first and only manufacturer in China and they put into production in 2013.
In application, arabinogalactan downstream is wide and recently arabinogalactan has acquired increasing significance in fields of food & dietary supplements and pharmaceutical. In pharmaceutical industry arabinogalactans are used in two directions: as an adjuvant and as an independent compound. Globally, the arabinogalactan market is mainly driven by growing demand for food & dietary supplements which accounts for nearly 52.99% of total downstream consumption of arabinogalactan.
In global, the average price of arabinogalactan was decreased year by year. The USA and Europe average price of arabinogalactan is 36812 USD/ MT and 34677 USD/ MT, respectively. Manufacturers from China are immature in technology. There is a space in the China market, as well as big gap between international brands and local brands on price.
Over the next five years, LPI(LP Information) projects that Arabinogalactan will register a 3.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 140 million in 2017.
Global Arabinogalactan Market: Key Players
LONZA
Ametis JSC
Jilin Forest Industry
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Related Information:
United States Arabinogalactan Market Research Report 2018
Europe Arabinogalactan Market Research Report 2018
North America Arabinogalactan Market Research Report 2018
Asia-Pacific Arabinogalactan Market Research Report 2018
China Arabinogalactan Market Research Report 2018
EMEA Arabinogalactan Market Research Report 2018
Global Arabinogalactan Market Research Report 2018
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In this report, the global Arabinogalactan market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Global Arabinogalactan market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
LONZA
Ametis JSC
Jilin Forest Industry
DaVinci Laboratories
Vital Nutrients
Aceto Corporation
…
On the basis of product, this…
