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.
According to this study, over the next five years the Guanidinoacetic Acid market will register a 4.8% CAGR in terms of revenue, the global market size will reach US$ 38 million by 2024, from US$ 29 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.
This report presents a comprehensive overview, market shares, and growth opportunities of Guanidinoacetic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Guanidinoacetic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Feed Grade
Pharmaceutical Grade
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Fodder
Medicine
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Evonik
GENDONE
Hebei Daxiao
Tiancheng Chempharm
Lubon Industry
Hubei Yuanhua
Jiangsu Yuanyang
Shijiazhuang Zexing Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Guanidinoacetic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Guanidinoacetic Acid market by identifying its various subsegments.
Focuses on the key global Guanidinoacetic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Guanidinoacetic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Guanidinoacetic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Guanidinoacetic Acid . Industry analysis & Market Report on Guanidinoacetic Acid is a syndicated market report, published as Global Guanidinoacetic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Guanidinoacetic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.