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New Research on Glucuronolactone Market Industry: Future of investment opportunities, market share & trends to 2026 | Leading Players: Creative Compounds, Anhui Fubore, Shouguang Zhonghe Biochemical, and Aceto Corporation, etc.
The Global Glucuronolactone Market is expected to reach USD 372.1 Million by 2026, according to a new report by Reports and Data. This can mainly be associated with the growing healthcare and pharmaceutical industries, coupled with the popularity of energy drinks and supplements.Request for FREE sample report @ https://www.reportsanddata.com/sample-enquiry-form/1275
The high usage of chemical or metabolite in food & drug poisoning, hepatocirrhosis & hepatitis as well as the adjuvant drugs for curing of rheumatoid arthritis will encourage market growth over the forecast period. The product is also used as a predecessor in the synthesis of vitamin C, which will push the expansion of the market. It is simultaneously converted and metabolized into non-toxic components as it enters the body.
In market segmentation by manufacturers, the report covers the following companies:- Shaoxing Marina Biotechnology Co.,Ltd., Hubei Yitai Pharmaceutical Co., Ltd, Foodchem International Corporation, Merck Millipore Corporation, Suzhou No. 5 Factory Pharmaceutical, Creative Compounds, Anhui Fubore, Shouguang Zhonghe Biochemical, and Aceto Corporation, among others.
Moreover, the popularity of energy drinks and supplements by athletes, sportsmen, and gym professionals will fuel the growth of the market, as these provide ergogenic aid that supports them in the recovery from muscle strain. It also helps to improve stamina, mental health, and physical strength. Glucuronolactone-based products may have a range of side effects when consumed, which will be a hindrance to the growth of the market.
For the purpose of this report, Reports and Data have segmented global glucuronolactone market on the basis of product type, application, industry vertical, and region:
Product type Outlook (Volume, Kilo tons; 2019-2026 and Revenue, USD Million; 2019-2026)
Powder
Liquid
Tablet/Capsule
Application Outlook (Volume, Kilo tons; 2019-2026 And Revenue, USD Million; 2019-2026)
Preservatives
Antioxidants
Processing aids & additives
Energy supplements
Others
Industry verticals Outlook (Volume, Kilo tons; 2019-2026 And Revenue, USD Million; 2019-2026)
Food & beverages
Healthcare & Pharmaceuticals
Others
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Regional Outlook (Volume, Kilo tons; 2019-2026 and Revenue, USD Million; 2019-2026)
North America
Europe
Asia Pacific
Latin America
MEA
Further key findings from the report suggest
The market is segmented on the basis of product type into powder, liquid and tablet/capsule.
The powder segment dominated with ~40% of the market share in 2019.
Glucuronolactone powder is used excessively in health drinks and supplements, which are generally consumed by athletes, sportsmen and gym professionals.
The liquid segment held the second largest market share of ~35% in 2019.
The market is segmented on the basis of application into preservatives, antioxidants, processing aids & additives, energy drinks & supplements, and others.
The energy drinks & supplements segment dominated with ~32% of the market share in 2019, due to the changing lifestyles and consumption pattern of the consumers.
The fact that energy drinks are becoming more of a status symbol, especially among the youth, is forecasted to drive the growth of the energy drinks & supplements segment.
The market is segmented on the basis of industry verticals into food & beverages, healthcare & pharmaceuticals, and others.
The healthcare & pharmaceuticals segment dominated with ~54% of the market share in 2019, owing to the growing concerns regarding health disorders, coupled with the increasing old age population.
The market is segmented on the basis of geography into North America, Europe, Asia Pacific, Latin America, and MEA.
North American region dominated with ~40% of the market share in 2019, owing to the presence of the key end-user industries in the region. Some of them being Rockstar Inc, Red Bull, and Monster.
The Europe region held the second largest share of ~28% of the market in 2019.
Some of the major end users include Aimia Foods UK, Red Bull GmbH, and Vitavit (Pty) Ltd, among others.
The companies have adopted various strategies including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.
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Global Competitive Landscape:
The key participants that control a considerable portion of the Glucuronolactone market are actively employing the resources at their disposal to bring about long-standing development changes. The global industry is undergoing considerable transformation, accelerating the growth of the overall market. The available growth opportunities for the sector can be capitalized on through on-going process improvements and keeping up with the economic volatility to dedicate resources to promising expansion plans.
To offer more clarity on what the future holds for the industry elements such market segmentation based on the end-user, geography, product type, gross margin and profits generated across various regions for the forecast period, 2019 - 2026.
In addition, the inclusion of statistics on acquisition and mergers, collaborations, technology innovation and key market players further makes this research on Glucuronolactone market value for business evangelists planning to explore new regions, launch revolutionary products and increase their customer base.
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glucuronolactone product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Glucuronolactone, with price, sales, revenue and global market share of Glucuronolactone in 2017 and 2018.
Chapter 3, the Glucuronolactone competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glucuronolactone breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
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