Glucuronolactone Market Value to Surpass US$ 493.6 Mn in 2029
Glucuronolactone is one of the most preferred ingredients in energy drinks which is one of significant reason fuelling demand in the Glucuronolactone market. The global gluconolactone market was approximately valued at ~US$ 336.2Mn in 2019. It is projected to rise at a CAGR of ~3.9%, to reach US$ 493.6 Mn by 2029.The FMI study reveals that the market will grow at a steady pace during 2019 - 2029.
FREQUENTLY ASKED QUESTIONS ABOUT Glucuronolactone Market
Which regions will offer attractive growth opportunities to gluconolactone segment?
The global gluconolactone market is expected to grow at a rapid pace in North America and Europe owing to the increasing consumption of energy drinks and food products such as tofu and meat.
Which grade/purity segment of gluconolactone witnesses high demand?
Gluconolactone market earns major share of revenue from the less than 97% -less than 100% segment a majority of gluconolactone produced is used in the food and beverage industry.
What factors drive gluconolactone market?
Food and food processing industry is flourishing due to the increasing consumer preference for convenient food products. Gluconolactone acts as an emulsifier and flavoring agent, used in various food products such as dairy, energy and energy drinks. The expansion of food and beverage industry is aiding the gluconolactone market growth.
Which region will lead the global sales of gluconolactone market?
North America remains the largest shareholder in the global gluconolactone market followed by Europe in terms of consumption and anticipated to show higher growth.
0.99% Grade/Purity Holds Dominance With 74.2% Share
Glucuronolactone market is used as a food additive in food and functional beverages. In terms of purity, 0.99% grade of Glucuronolactone is highly preferable among manufacturers. Increasing consumption of energy drinks is one of the key factors fuelling the demand for Glucuronolactone in the market. Use of Glucuronolactone in functional beverages is increasing as it acts as detoxifying agent and removes toxic substances through body waste. Therefore, driven by the rising health awareness among consumers, the market for Glucuronolactone will witness growth at a positive pace.
North America Holds Dominance
North America is expected to accounts for highest share in the global gluconolactone market. Gluconolactone production in the North America and Europe has stopped because of the environmental issues and waste production. However, recent research and development activities by manufacturers in China have demonstrated the possibility of minimizing the waste production in the Ethylene Oxide process. Such research and development activities are creating growth opportunities in the global gluconolactone market
Rising Awareness about Health benefits is Increasing Demand for Gluconolactone
Glucuronolactone is endogenously present in the brain, heart, liver of the humans and plays a vital role in various physiological processes. It’s metabolic actions include, bile acid conjugation, osmoregulation, and membrane stabilization. Deficiency of Glucuronolactone can lead to various conditions such as, cardiovascular diseases, retinal degradation, epilepsy, and others. Taking Glucuronolactone supplements has proven beneficial for health. The demand for dietary supplements has been increasing around the world due to increasing health consciousness. This has also increased the consumption of supplements contsisting of Glucuronolactone, in turn creating growth opportunities for the market.
Synthetic Gluconolactone holds leading revenue share
Non Synthetic Gluconolactone to showcase noteworthy CAGR
less than 97% -less than 100% to see high demand
Demand for less than 100% -less than 102% is on rise
Food ( tofu, meat products, etc.) to see high demand
Cosmetics is to showcase noteworthy CAGR
Energy Drinks is on rise
How Growth will Unfold
Dietary supplements and energy drinks are increasingly preferred by millennial and consumers who are health conscious. Energy drinks category has transformed from being a niche segment to the one exhibiting a high rate of growth segments in the drinks market. This has been brought about by increasing number of health conscious people. In addition, energy drinks are gaining popularity as supplements for carbonated drinks. Hence, consumers are switching from carbonated drinks to energy drinks as the latter gives an energy boost to improve physical as well as cognitive performance Furthermore, consumption of dietary supplements are also increasing dramatically since the last two decades, particularly among millennial and generation Z. This is expected to bode well for the overall market.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Glucuronolactone Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the Glucuronolactone market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
Glucuronolactone Market Taxonomy
The global Glucuronolactone market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- Greater than 97.0 %
- Greater than 98.5
- Greater than 99%
- Dietary Supplements
- Energy Drinks
- Functional Food
- North America
- Latin America
- South Asia
- East Asia
The executive summary of the Glucuronolactone market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Glucuronolactone market.
Readers can find the detailed segmentation and definition of the Glucuronolactone market in this chapter, which will help them understand basic information about the Glucuronolactone market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the Glucuronolactone market report.
The associated industry assessment of the Glucuronolactone market is carried out in this section. The macroeconomic factors affecting growth of the Glucuronolactone market are provided in this section and the impact of these macroeconomic indicators on the Glucuronolactone market is analyzed. The processing overview and technological advancements in the Glucuronolactone market is also provided.
Profit margins at each level of the Glucuronolactone market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
The drivers and restraints impacting the growth of the Glucuronolactone market are explained in this chapter. Opportunities and ongoing trends in the Glucuronolactone market are also comprehensively discussed.
This chapter includes detailed analysis of the historical Glucuronolactone market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2019-2029). This chapter provides details about the Glucuronolactone market on the basis of grade/purity and end users. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the Glucuronolactone market is anticipated to grow across North America, Latin America, Europe, East Asia, South Asia, Oceania and the Middle East and Africa.
This chapter includes a detailed analysis of the growth of the Glucuronolactone market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on application and countries in the North America region.
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the Glucuronolactone market in the Latin America region. This chapter also includes growth prospects of the Glucuronolactone market in leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.
Important growth prospects of the Glucuronolactone market based on its end user in several countries such as Germany, Italy, Spain, BENLUX, Nordic, Russia, Poland and Rest of Europe are included in this chapter.
This chapter includes a detailed analysis of the growth of the Glucuronolactone market in East Asia region including the important growth prospects of the Glucuronolactone in several countries such as China, Japan and South Korea are included in this chapter.
This chapter includes a detailed analysis of the growth of the Glucuronolactone market in the South Asia region, along with a country-wise assessment that includes, India, Thailand, Indonesia, Malaysia, Singapore, and Rest of South Asia. Readers can also find regional trends, regulations, and market growth of countries in the South Asia region.
This chapter offers insights into how the Glucuronolactone market is expected to grow in Australia and New Zealand, along with different segments of the market during the forecast period of 2019-2029.
This chapter offers insights into how the Glucuronolactone market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, and the Rest of MEA, during the forecast period 2019-2029.
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Glucuronolactone market along with their market presence analysis by region and product portfolio. In addition, readers can find a comprehensive list of leading manufacturers in the Glucuronolactone market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players and end users featured 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, Living Essentials Marketing, LLC, LiveLong Nutrition, and Serious Nutrition Solution and others
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Glucuronolactone report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the Glucuronolactone market.
How the research was conducted?
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity Of Assumptions
- Industry Publications
- Industrial Week
- Industrial Product Review
- Industrial Magazine
- Industry Associations
- Dieticians Association
- Food and Agriculture Organization
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits