Published by mark itwired
Posted on September 17, 2021
Due to the expansion of the food and pharmaceutical industry, the demand in the glucuronolactone market is increasing. Consumes are gradually shifting towards consumption of healthy food. As a result of this the demand for dietary supplements are increasing, which in turn, fuels the demand for Glucuronolactone. The market is anticipated to rise at a CAGR of ~3.9% between 2019 and 2029, Future Market Insights foresees stable growth for the market.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-785
“Glucuronolactone market is gaining strength from various applications in the food and beverage industry. Changing lifestyle and rising health concerns are fuelling the demand for energy drinks, dietary supplements and other functional foods. Moreover, manufacturers are focus on incorporation of more advanced technologies mainly which are beneficial for health. All these will lead to higher demand for Glucuronolactone” says an FMI analyst.”
Due to the rising demand from pharmaceutical and food industries the glucuronolactone market is anticipated to show a steady rate of growth in the forthcoming period. Few years back, gluconolactone containing products such as, Red Bull, were banned in some European countries including France, Norway, and other Scandinavian countries. Since 2008, France has lifted its ban on Red Bull, and the product has appeared on the shelves of the supermarkets. The household spending of consumers in these countries is well above the developing countries and consumption of energy drinks and other beverages is higher.
The use of cosmetics and personal care products is increasing globally. The use of glucuronolactone in these products is increasing owing to the increase in research and development. These applications and the use of glucuronolactone in end-use products will result in steady growth of the glucuronolactone market. Also, the rising prices of the naturally sourced glucuronolactone in the market will increase the global value of the glucuronolactone market by 2029.
Some of the market players profiled in the report are Hubei Yitai Pharmaceutical Co.Ltd., Shaoxing Marina Biotechnology Co.Ltd., Merck Millipore Corporation, Foodchem International Corporation, Anhui Fubore Pharmaceutical & Chemical Co.Ltd., Jungbunzlauer, Roquette Frères, Shandong Fuyuan Bio-Tech CO.LTD., Shandong Xinhong Pharmaceutical Co., Ltd., Shandong Baisheng Biotechnology Co., Ltd., Red Bull GmbH, Rockstar, Inc., Monster Energy, 25.4. Living Essentials Marketing, LLC, LiveLong Nutrition, and Serious Nutrition Solution. Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.
The global Glucuronolactone market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Grade
End-Use
Region
Future Market Insights, in its new study provides an unbiased analysis of the global glucuronolactone market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the glucuronolactone market based on the grade (greater than 97.0 %, greater than 98.5, greater than 99%, 101.0% and 102.0%) and end use (dietary supplements, pharmaceutical, cosmetics, energy drinks and functional food) across seven regions.
The post Glucuronolactone Market Rises at Steady 3.9% CAGR Backed by Demand, Finds FMI first appeared on Market Research Blog.
Due to the expansion of the food and pharmaceutical industry, the demand in the glucuronolactone market is increasing. Consumes are gradually shifting towards consumption of healthy food. As a result of this the demand for dietary supplements are increasing, which in turn, fuels the demand for Glucuronolactone. The market is anticipated to rise at a CAGR of ~3.9% between 2019 and 2029, Future Market Insights foresees stable growth for the market.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-785
“Glucuronolactone market is gaining strength from various applications in the food and beverage industry. Changing lifestyle and rising health concerns are fuelling the demand for energy drinks, dietary supplements and other functional foods. Moreover, manufacturers are focus on incorporation of more advanced technologies mainly which are beneficial for health. All these will lead to higher demand for Glucuronolactone” says an FMI analyst.”
Due to the rising demand from pharmaceutical and food industries the glucuronolactone market is anticipated to show a steady rate of growth in the forthcoming period. Few years back, gluconolactone containing products such as, Red Bull, were banned in some European countries including France, Norway, and other Scandinavian countries. Since 2008, France has lifted its ban on Red Bull, and the product has appeared on the shelves of the supermarkets. The household spending of consumers in these countries is well above the developing countries and consumption of energy drinks and other beverages is higher.
The use of cosmetics and personal care products is increasing globally. The use of glucuronolactone in these products is increasing owing to the increase in research and development. These applications and the use of glucuronolactone in end-use products will result in steady growth of the glucuronolactone market. Also, the rising prices of the naturally sourced glucuronolactone in the market will increase the global value of the glucuronolactone market by 2029.
Some of the market players profiled in the report are Hubei Yitai Pharmaceutical Co.Ltd., Shaoxing Marina Biotechnology Co.Ltd., Merck Millipore Corporation, Foodchem International Corporation, Anhui Fubore Pharmaceutical & Chemical Co.Ltd., Jungbunzlauer, Roquette Frères, Shandong Fuyuan Bio-Tech CO.LTD., Shandong Xinhong Pharmaceutical Co., Ltd., Shandong Baisheng Biotechnology Co., Ltd., Red Bull GmbH, Rockstar, Inc., Monster Energy, 25.4. Living Essentials Marketing, LLC, LiveLong Nutrition, and Serious Nutrition Solution. Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.
The global Glucuronolactone market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Grade
End-Use
Region
Future Market Insights, in its new study provides an unbiased analysis of the global glucuronolactone market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the glucuronolactone market based on the grade (greater than 97.0 %, greater than 98.5, greater than 99%, 101.0% and 102.0%) and end use (dietary supplements, pharmaceutical, cosmetics, energy drinks and functional food) across seven regions.
The post Glucuronolactone Market Rises at Steady 3.9% CAGR Backed by Demand, Finds FMI first appeared on Market Research Blog.
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