Glycocyamine is categorized under a class of organic compounds, known as alpha amino acids and derivatives. Guanidinoacetic Acid (GAA) or Glycocyamine is defined as biochemical precursor of creatine, which is phosphorylated and plays a significant role as a high-energy carrier in the muscle. Guanidinoacetic acid is extensively used to boost the muscle strength and to minimize muscle fatigue. Also, guanidinoacetic acid is widely converted into fodder which is used to lean pig's body improve considerably.
MARKET DYNAMICS
The guanidinoacetic acid market has witnessed a significant growth owing to factors such as diversification of application bases. Moreover, rising investment in health friendly product provides a huge market opportunity for the key players operating in the guanidinoacetic acid market. However, issues such as brain methylation issues, neurotoxicity, and hyperhomocysteinemia which are associated with the consumption of guanidinoacetic acid are projected to hamper the overall growth of the guanidinoacetic acid market.
MARKET SCOPE
The "Global Guanidinoacetic acid Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the guanidinoacetic acid market with detailed market segmentation by type, application and geography. The global guanidinoacetic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading guanidinoacetic acid market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global guanidinoacetic acid market is segmented on the basis of type and application. On the basis of type, the guanidinoacetic acid market is segmented into feed grade, pharmaceutical grade and other. Based on applications, the global guanidinoacetic acid market is divided fodder, medicine and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global guanidinoacetic acid market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The guanidinoacetic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the guanidinoacetic acid market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Guanidinoacetic acid market in these regions.
MARKET PLAYERS
The reports cover key developments in the guanidinoacetic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers fromGuanidinoacetic acid market is anticipated to lucrative growth opportunities in the future with the rising demand for guanidinoacetic acid in the global market. Below mentioned is the list of few companies engaged in the guanidinoacetic acid market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the guanidinoacetic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Beijing Gendone Biotechnology Co., Ltd.
- Evonik
- Fengchen Group Co.,Ltd
- Granray
- Hebei Daxiao
- Jiangsu Yuanyang
- SHANDONG ZHISHANG CHEMICAL CO.LTD
- Shijiazhuang Zexing
- Spectrum Chemical
- Others
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