Glucuronolactone Market Innovation Trends and Current Business Trends by 2024

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Glucuronolactone Market Pit Falls and Growth
Prospects from 2017 to 2024 Global Market
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Regional Analysis of Glucuronolactone Market

• Asia Pacific has major share for glucuronolactone
  market owing to presence of various end use
  industries including, Red Bull, PepsiCo, Monster
  Beverage and Hector Beverage.
• China has maximum number of product manufacturer.
  There has been a growth in number of fitness
  centres and health clubs that has enhanced the
  product consumption in the region.
• North America, led by U.S. will foresee
  significant growth for glucuronolactone market
  due to presence of obese population in this
  region as it reduces fat storage.

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• Application Analysis of Glucuronolactone Market
  
• Glucuronolactone are naturally occurring
  chemicals produced by liver from glucose and
  found in nearly all connecting tissues of human
  body. These are white odourless compounds having
  melting point range from 176-178 C and soluble
  in water. They exist in monocyclic aldehyde and
  bicyclic hemiacetal form.
• As glucuronides, they combine with toxic
  substances such as morphine and excrete them by
  converting into glucuronide conjugate. In
  addition, they can be derived from plant gums.
  The product is used in vitamin C synthesis and
  used for treatment of food poisoning, arthritis,
  hepatitis and hepatic cirrhosis. Government
  organizations such as Food and Drug
  Administration and European Food Safety Authority
  govern its intake and usage in energy drinks.

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Competitive Market Share of Glucuronolactone
Market

• The glucuronolactone market is consolidated with
  the presence of large industry players. Major
  players are Shaoxing Marina Biotechnology, Hubei
  Yitai Pharmaceutical, Foodchem International,
  Merck Millipore, Creative Compounds, Shouguang
  Zhonghe Biochemical, Aceto Corporation and Anhui
  Fubore to name a few.
• Companies are adopting various strategies to
  increase their industry share in glucuronolactone
  market including, merger and acquisition
  strategy. For instance, Aceto Corporation has
  acquired Citron Pharma and Lucid Pharma to
  increase its market share. Some of the end users
  are Red Bull, Live, Monster Energy and Rockstar.

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