News Contact Us

Gluconic Acid Market to procure massive proceeds by 2024, US to emerge as a prominent revenue pocket

Author : Rahul Sankrityayan | Published Date : 2019-04-09 

Global Market Insights, Inc. included new Gluconic Acid Market Report to its research database. The report presents a deep study of the market growth factors and drivers.

U.S. market size from pharmaceutical application may surpass USD 1.5 million by 2024. Growing medical spending along with large scale pharma industry in the region is likely to impel product demand in the projected timeline.

UK market size from meat application is likely to reach 3.5 kilo tons due to its extensive usage as pH regulator for fermented salami and its application as a color enhancer. It is used in food processing in the removal of glucose prior to the preparation of products to reduce the nonenzymatic browning. It is also used in removing residual oxygen from dehydrated packaged foods including meat. Stable consumption of lamb, pork and beef, which have been important food items in British diet is likely to drive product demand in the forecast timeframe.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2878

Growing penetration of global brands along with escalating demand for personal care and food products owing to growing heath consciousness will drive gluconic acid market size. These bio-based acids are mixed with food products to be used for pickling. Growth in consumer spending on RTE and convenience food products owing to changing lifestyle supported by increasing economic standards population is likely to foster product demand.

Product innovation along with extensive R&D assistance for bio-based acid production will boost market size in the projected timeframe. Additionally, supporting regulatory amendments from European Union pertaining to approval of gluconic acid to be used in food & pharmaceutical products may contribute towards industry growth.

Gluconic acid is a mild organic acid which is non-corrosive and non-toxic in nature. It is a resultant of glucose done by oxidation reaction. Numerous salts can be derived using this product including potassium gluconate, sodium gluconate and calcium gluconate. These products have application like reduction of fat absorption in doughnuts and cones along with usage as flavoring agent in numerous food items, which may stimulate product demand.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2878

Major companies are formulating cost effective and ecofriendly production techniques with safer and effective method for manufacturing product. its usage as cleaning formulators for eliminating labels and calcium scales is projected to stimulate gluconic acid demand by 2024.

Price volatility in the raw material including glucose along with high cost of production and low yield may affect gluconic acid market price trends, thus affecting industry profitability.

China market size from industrial application may witness gains of over 5.5 % in the forecast timeframe owing to the growth in textile industry. These products are extensively used in textiles productions as stabilizing agents in bleach baths and dye baths.

Gluconic acid is used in cleaning products to dissolve mineral deposits particularly in alkaline solution, which is anticipated to drive product demand by 2024. Calcium Gluconate in the form of gel is used to heal burns caused by HCL, calcium gluconate vaccinations are used for severe cases for avoiding deep tissues necrosis, thereby driving industry growth.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/gluconic-acid-market

New product formulation and high demand for bio-based chemicals in industrial cleaners and surface care applications is projected to drive industry growth over forecast timeframe. Growing financial standards along with increasing consumer consciousness regarding safe personal care product is likely to boost gluconic acid market growth.

Global gluconic acid market share is competitive and moderately fragmented with key industry precipitants includes Jungbunzlauer, Roquette, TCI Chemicals, PMP, xzhch, Prathista, Fuso chemical and Toronto Research Chemicals. Growing consumption of bio-based chemicals has encouraged companies to invest greatly in R&D.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Europe Oil Filled Distribution Transformer Market By Industry Trend, Growth and Regional Forecast 2019-2024

Published Date: 2019-04-23         Author: Rahul Sankrityayan

Europe Oil Filled Distribution Transformer Market Report offered by Market Study Report gives a market overview of the Transformer industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the players of the market and is seg... Read More

Steam Turbine Industry Outlook, Growth Prospects and Key Opportunities 2024

Published Date: 2019-04-23         Author: Rahul Sankrityayan

Rising focus toward expansion of generating capacity and resurgent economic growth across major countries will fuel the market growth. The ongoing expansion of thermal power generation along with a positive outlook toward the utilization of geothermal energy resources will boost the demand for large... Read More

Lead Acid Battery Market Forecast to 2024-By Application (Stationary),Construction,Regional Revenue and by Trends

Published Date: 2019-04-23         Author: Rahul Sankrityayan

This report studies the Lead Acid Battery Market over the trend period from 2018 to 2024 and the forecast period from 2018 to 2023.Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:Johnson Controls, East Penn Manufact... Read More

© 2019 Fractovia. All Rights Reserved