Glucuronolactone Market to Showcase Healthy Expansion at 3.9 % CAGR by 2029 En - PowerPoint PPT Presentation

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Glucuronolactone Market to Showcase Healthy Expansion at 3.9 % CAGR by 2029 En

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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. – PowerPoint PPT presentation

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Title: Glucuronolactone Market to Showcase Healthy Expansion at 3.9 % CAGR by 2029 En


1
Glucuronolactone Market to Rake In Revenues
worth Over US 493.6 Mn by End of 2019 - 2029
  • Feb 2020

Report Id REP-GB-785 Published On 03 Feb,
2020 Category Food and Beverages
2
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3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
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includes sources of databases
4
Glucuronolactone Market
  • DUBAI, UAE / ACCESSWIRE / Global glucuronolactone
    market is poised for steady growth at a CAGR of
    4 during the forecast period (2019-2029).
    Augmented demand in flourishing food and
    pharmaceutical industries is to be ascribed for
    this growth projection. Glucuronolactone-based
    supplements have gained noteworthy momentum owing
    to enhanced consumer sentience regarding health
    concerns, says the FMI analyst.
  • "Food and pharmaceutical industries continue to
    hold majority share in glucuronolactone market.
    While developed regions such as Europe and North
    America account for substantial demand, East Asia
    will witness significant growth in
    glucuronolactone market," forecasts the FMI
    report.
  • Key Takeaways of Glucuronolactone Market Study
  • Grade 0.99 glucuronolactone continues to capture
    leading market share.
  • Dietary supplements to remain preferred form of
    glucuronolactone intake by consumers, with energy
    drinks closing in.
  • Functional food industry will propel demand for
    glucuronolactone through 2029.
  • North America will generate remunerative
    opportunities in global glucuronolactone market.
  • The profit pool is primarily concentrated in food
    beverages industry.

5
Glucuronolactone Market
  • Glucuronolactone Market - Top Growth Drivers
  • Long-standing ban on glucuronolactone has been
    lifted by prominent countries thereby driving
    consumption.
  • Increased per capita expenditure on cosmetics and
    personal care products is bolstering market
    growth.
  • Consumers in developed countries increasingly
    favour glucuronolactone containing supplements
    which is a significant growth engine.
  • Glucuronolactone usage as a flavoring and
    emulsifier agent is generating demand in cereals
    and bakery segments.
  • Glucuronolactone Market - Key Restraints
  • Growing adulation of plant-based products amongst
    consumers is a major roadblock for
    glucuronolactone market growth.
  • Excessive intake of glucuronolactone-based
    supplements can be life-threatening for consumers
    thereby restraining market growth.
  •  Some of the key market players profiled in the
    report include, but are not limited to, Foodchem
    International Corporation, Living Essentials
    Marketing, Serious Nutrition Solution, Red Bull
    GmbH, Merck Millipore Corporation, Roquette
    Frères, Monster Energy, LiveLong Nutrition, and
    Anhui Fubore. Mergers and acquisitions are the
    key developmental strategies being adopted by
    leading market players. For instance,
    Sigma-Aldrich was acquired by Merck Millipore
    Corporation which allowed the latter to expand
    its foothold in Asian and North American markets.
    On the other hand, Crest Cellulose was acquired
    by Roquette Frères (2018) which fortified the
    market positioning of both companies in
    pharmaceuticals and cosmetics industries.

6
Glucuronolactone Market
  • More about the Report
  • The 250-page study offers an in-depth market
    forecast and analysis on glucuronolactone market.
    The major categories encompassed by the report
    include grade (0.97, 0.985, 0.99, 1.01, 1.02),
    end-use (functional food, energy drinks,
    cosmetics, pharmaceuticals, dietary supplements)
    across seven regions (Middle East Africa,
    Oceania, Europe, Latin America, South Asia, East
    Asia, North America).
  • Press-release Source https//www.accesswire.com/5
    76644/Glucuronolactone-Market-to-Exhibit-Steady-Gr
    owth-through-2029-Dietary-Supplements-Gain-Widespr
    ead-Adoption-Reports-Future-Market-Insights
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    packaged solution, which combines current market
    intelligence, statistical anecdotes, technology
    inputs, valuable growth insights and an aerial
    view of the competitive framework and future
    market trends.

7
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