Global Guanidinoacetic Acid Market Growth 2024-2030
Product Code:811644
Published Date: Jan 02,2024
Pages: 99
Region: Global
Category: Chemical & Material
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According to our LPI (LP Information) latest study, the global Guanidinoacetic Acid market size was valued at US$ 34 million in 2023. With growing demand in downstream market, the Guanidinoacetic Acid is forecast to a readjusted size of US$ 46 million by 2030 with a CAGR of 4.3% during review period.
The research report highlights the growth potential of the global Guanidinoacetic Acid market. Guanidinoacetic Acid are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Guanidinoacetic Acid. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Guanidinoacetic Acid market.
Guanidinoacetic Acid is a metabolite of glycine in which the amino group has been converted into a guanidine. Guanidinoacetic Acid is a direct precursor of creatine and is used as a supplement. Taking guanidinoacetic acid can increase muscle strength and slow muscle fatigue, etc. And add guanidinoacetic acid into fodder can make lean pig's body improve significantly.
However the metabolism of creatine from Guanidinoacetic Acid in the liver causes a depletion of methyl groups. This causes homocysteine levels to rise, which has been shown to produce cardiovascular and skeletal problems. A series of studies showed that a combination of betaine and Guanidinoacetic Acid improves the symptoms of patients with chronic illness, including heart disease, without toxicity. Betaine can provide a methyl group to glycocyamine, via methionine, for the formation of creatine. In overall, such treatment led to less fatigue, greater strength and endurance, and an improved sense of well-being. The patients with cardiac decompensation (arteriosclerosis or rheumatic disease) and congestive heart failure had improved cardiac function. The patients gained weight (improved nitrogen balance) and saw lessened symptoms of arthritis and asthma and increased libido, and those people suffering from hypertension experienced transient reduced blood pressure. Also the studies shows the increase of glucose tolerance in both diabetic subjects and subjects without diabetes.
The main market players are Evonik, Tiancheng Chempharm, Jiangsu Yuanyang, Hubei Yuanhua, Hebei Daxiao and GENDONE, with about 50% market shares.
Key Features:
The report on Guanidinoacetic Acid market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Guanidinoacetic Acid market. It may include historical data, market segmentation by Type (e.g., Feed Grade, Pharmaceutical Grade), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Guanidinoacetic Acid market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Guanidinoacetic Acid market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Guanidinoacetic Acid industry. This include advancements in Guanidinoacetic Acid technology, Guanidinoacetic Acid new entrants, Guanidinoacetic Acid new investment, and other innovations that are shaping the future of Guanidinoacetic Acid.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Guanidinoacetic Acid market. It includes factors influencing customer ' purchasing decisions, preferences for Guanidinoacetic Acid product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Guanidinoacetic Acid market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Guanidinoacetic Acid market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Guanidinoacetic Acid market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Guanidinoacetic Acid industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Guanidinoacetic Acid market.
Market Segmentation:
Guanidinoacetic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Feed Grade
Pharmaceutical Grade
Others
Segmentation by application
Fodder
Medicine
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Evonik
Tiancheng Chempharm
Jiangsu Yuanyang
Hubei Yuanhua
Hebei Daxiao
GENDONE
Shijiazhuang Zexing Group
Lubon Industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global Guanidinoacetic Acid market?
What factors are driving Guanidinoacetic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Guanidinoacetic Acid market opportunities vary by end market size?
How does Guanidinoacetic Acid break out type, application?RELATED REPORTS
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Jun
2021
Global Guanidinoacetic Acid Market Growth 2021-2026
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According to this latest study, the 2021 growth of Guanidinoacetic Acid will have significant change from previous year. By the most conservative estimates of global Guanidinoacetic Acid market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 33 million in 2020. Over the next five years the Guanidinoacetic Acid market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 39 million by 2026.
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- 07
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Global Guanidinoacetic Acid Market Growth 2020-2025
Pages: 130|Category: CHEMICAL & MATERIAL
According to this study, over the next five years the Guanidinoacetic Acid market will register a 5.2%% CAGR in terms of revenue, the global market size will reach $ 38 million by 2025, from $ 31 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Guanidinoacetic Acid business, shared in Chapter 3.
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