Global Glucuronolactone Market Anticipated to Gain Rapid Surge Due to its high Demand from Food & Beverage Industry: Forecast 2017-2022


Published on : Aug 26, 2017

Albany, New York, August 26, 2017: According to a latest study on glucuronolactone, the market is experiencing positive growth in the global market. Also, the market size is anticipated to see strong growth in coming years propelled by growing food & beverage and pharmaceutical industry, as they are used in energy drinks to provide instant energy. To explore the market current as well as future status, this latest study has been recently broadcasted to the vast archive of Market Research hub (MRH) with the title of “Global Glucuronolactone Market Outlook 2017-2022”. This report estimates the market size of the glucuronolactone for 2016 and forecast for the next five years, by focusing on some prime regions.

The chapter on the regional analysis of the Glucuronolactone market sheds light on the performance and contribution of key regional segments such as North America, China, Europe and Asia Pacific. For each region, the study covers forecast and analysis based on both volumes and revenue (in Tons and US$ Mn). Also, the report has been prepared based on the synthesis, analysis and interpretation of information about the global glucuronolactone market collected from specialized sources.

In the initial section, the study presents an executive summary of the global glucuronolactone market which covers product overview, benefits, manufacturing process, raw materials and cost analysis. Glucuronolactone is a naturally occurring substance that is an important structural component of nearly all connective tissues. Glucuronolactone is a white solid odorless compound, soluble in hot and cold water. Its melting point ranges from 176 to 178 C. It is commonly found in energy drinks at around 10-60mg, with variance depending on brand. Global energy drinks demand is growing at a significant rate that is boosting the product usage.

Further, the market overview section offers the readers information about the key industry developments, key market indicators etc. This section includes drivers and restraints for the glucuronolactone market in addition to their impact on demand during the forecast period. Additionally, the report includes the study of opportunities available in the market. The study provides a decisive view on the glucuronolactone market by segmenting the market based on applications. Key applications where glucuronolactone is used include Food & Beverage, Pharmaceutical and Others. Glucuronolactone is used as food additive in health foods and functional beverages. While, it is used in pharmaceutical industry as dynamic ingredient in the formulation of medicine and health product for curing hepatitis, food and drug poisoning, bone diseases and collagen diseases.

As the report concludes, readers are offered information about the competitive landscape, which details about the various players active in the global glucuronolactone market on the basis of market presence, market share analysis, company overview, financial and strategic overview, product portfolio, new project launched, recent development analysis and SWOT analysis. Aceto Corporation, Suzhou NO.5 Pharmaceutical, Biozen Pharmaceutical, Hubei Yitai Pharmaceutical, Shandong Boshan and Anhui Fubore Pharmaceutical. Companies are adopting various strategies to increase their industry share in glucuronolactone market including, merger and acquisition strategy and by recent developments.

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