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Glucuronolactone Market To Be Driven By The Heightened Demand For The Product In The Pharmaceutical Sector In The Forecast Period Of 2022-2027

10-04-2022 01:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Glucuronolactone Market

Glucuronolactone Market

The new report by Expert Market Research titled, 'Global Glucuronolactone Market Report and Forecast 2022-2027', gives an in-depth analysis of the global glucuronolactone market, assessing the market based on its segments like applications, end-uses, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators and analysing the market based on the SWOT and Porter's Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/glucuronolactone-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

Forecast CAGR (2022-2027): 5%

The glucuronolactone market is being driven by the increasing demand for glucuronolactone in the food and beverage sector. It is increasingly used as an additive and detoxifying agent in the food and beverage industry.

The growing health consciousness among the consumers is also aiding the market growth, as glucuronolactone finds increased usage in energy supplements. Consumer preferences have shifted as a result of rapid urbanisation, with a demand for products that deliver an instant energy boost.

Consumers are increasingly investing in ways to improve their physical fitness and overall well-being, thus, propelling their nutritional supplement intake. This is expected to drive the market growth in the forecast period.

Industry Definition and Major Segments

Glucuronolactone is a chemical that is produced in small amounts in the connective tissues, such as in animals, plants, and human bodies.

In addition, it can also be created in the labs and finds increased usage in the production of energy drinks, such as RedBull, Gatorade, and Monster drinks, which are known to help with concentration enhancement and in the improvement of physical performance.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/glucuronolactone-market

The glucuronolactone market, on the basis of application, can be segmented into:

Preservatives
Antioxidants
Processing Aids and Additives
Energy Supplements
Others

Based on end-use, the market can be segregated into:

Food and Beverages
Pharmaceuticals
Others

The regional markets for glucuronolactone include:

North America
Europe
Asia Pacific
Latin America

Middle East and Africa

Market Trends

The glucuronolactone market is being driven by the heightened demand for the product in the pharmaceutical sector. This can be attributed to the rapidly growing geriatric population, which is more susceptible to diseases and injuries and the rising incidences of chronic illnesses around the globe. In this regard, glucuronolactone helps to maintain the consistency of drugs. Furthermore, rapid technological advancements are likely to aid the market in the forecast period.

Technological advancements, such as utilising advanced clinical solutions are expected to impact market growth positively. High consumer purchasing power, high standards of living, along with the presence of leading beverages manufacturers are also leading to the industry growth. These factors are anticipated to provide a boost to the market growth in the coming years.

Key Market Players

The major players in the market are Aceto Corporation, Creative Compounds, Foodchem International Corporation, Millipore Sigma, and Shouguang Zhonghe Biochemical Engineering Co. Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Media Contact

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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