Title: Glucuronolactone Market to Showcase Healthy Expansion at 3.9 % CAGR by 2029 En
1Glucuronolactone Market to Rake In Revenues
worth Over US 493.6 Mn by End of 2019 - 2029
Report Id REP-GB-785 Published On 03 Feb,
2020 Category Food and Beverages
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4Glucuronolactone 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.
5Glucuronolactone 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.
6Glucuronolactone 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 - About Us
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market trends.
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