Lewes, DE -- (SBWire) -- 07/23/2018 --Guanidinoacetic Acid market will register a 4.8% CAGR in terms of revenue, reach US$ 38 million by 2023, from US$ 29 million in 2017.
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.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are still the mainly consumption regions due to the advanced production technology and stable animal husbandry. FDA approves guanidinoacetic acid for broiler chickens and turkeys in 2016, so the consumption in USA will keep explosive increase in the coming five years.
The major raw material for Guanidinoacetic Acid is Thiourea, Bromoethane, Glycine, etc. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of Guanidinoacetic Acid industry.
Over the next five years,study projects that Guanidinoacetic Acid will register a 4.8% CAGR in terms of revenue, reach US$ 38 million by 2023, from US$ 29 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Evonik
GENDONE
Hebei Daxiao
Tiancheng Chempharm
Lubon Industry
Hubei Yuanhua
Jiangsu Yuanyang
Shijiazhuang Zexing Group
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Feed Grade
Pharmaceutical Grade
Other
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Fodder
Medicine
Other
Spanning over 125 pages "Forecast of Global Guanidinoacetic Acid Market 2023" report covers Guanidinoacetic Acid Market Overview, Global Guanidinoacetic Acid Sales, Revenue (Value) and Market Share by Players, Global Guanidinoacetic Acid Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Guanidinoacetic Acid Sales, Revenue and Price, Europe Top 5 Players Guanidinoacetic Acid Sales, Revenue and Price, Asia-Pacific Top 5 Players Guanidinoacetic Acid Sales, Revenue and Price, South America Top 5 Players Guanidinoacetic Acid Sales, Revenue and Price, Middle East & Africa Top 5 Players Guanidinoacetic Acid Sales, Revenue and Price, Global Guanidinoacetic Acid Players Profiles/Analysis, Global Guanidinoacetic Acid Market Forecast (2018-2023), Guanidinoacetic Acid Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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