Creatine Monohydrate Market Industry Overview, Trends and Growth Opportunities Forecasted till 2019 – 2027
New and Niche Market Applications such as, Cosmetic and Personal Care Products is Likely to Propel the Demand for the Creatine Monohydrate in the Global Market
The global creatine monohydrate market is driven majorly by the increasing consumption of sports nutrition products. Since, the lifestyle around the world is becoming more busy and sedentary, the health concern and consciousness are increasing, especially among the millennial populations. These populace are tending to join gym and invest time in workout along with the consumption of the sports products that claim to have positive effects. The increasing demand for the sports nutrition products is likely to create positive scenario in the global creatine monohydrate market.
Creatine monohydrate is used in the cosmetics and personal care products, such as skin treatments, anti-aging treatment products. Since, the creatine monohydrate improves cell-signaling, it also imparts the same property for skin when applied tropically. Creatine monohydrate application reduces fine lines and wrinkles and firm skin, refines pores, and even out skin tone. Cosmetic and personal care products industry is one of the largest and expanding at a rapid rate. The demand for these products is anticipated to skyrocket over the forecast period, since the increase in the purchasing power of the middle class population in the Asia pacific and Middle East and African countries. And create a positive outlook in the global creatine monohydrate market.
Creatine monohydrate market is also driven by the use in pharmaceutical industry. The supplementation of creatine monohydrate is being studied for the improvement in the brain functions. And may also improve the conditions such as, Alzheimer’s disease, Parkinson’s disease, Huntington’s disease, Ischemic stroke, and Epilepsy. Due to the increased prevalence of the diseases around the globe, the demand for creatine monohydrate is likely to increase in the global market.
Some of the major players of creatine monohydrate market include: Foodchem International Corporation, Merck KGaA, Optimum Nutrition, Penta Manufacturing Company, Degussa, Central Drug House (P) Ltd., Orison Chemicals Limited, and others.
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North America and Europe occupy the majority of the current global market of creatine monohydrate. Due to the high demand for the sports nutrition products, functional food, dietary supplements, and cosmetic products, the consumption of creatine monohydrate is high in these regions. However, Asia Pacific is anticipated to witness highest growth rate in the global creatine monohydrate market over the forecast period. The increasing consumer awareness and increasing availability of the consumer products is supporting the market growth and produce the increased demand in the global market.
The creatine monohydrate market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the creatine monohydrate market, including but not limited to: grade, end use, distribution channel, and regional markets.
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