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Guanylic Acid Market By Salt Type, By Application, By End Use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 350 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671183
The guanylic acid market attained $1.4 billion in 2021, and is projected to reach $2.4 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.

Guanylic acid is a guanine nucleotide, also known as guanosine monophosphate (GMP). Guanylic acid consists of the pentose ribose sugar, a phosphate group and a guanine nucleobase, and is widely present in nature. Guanylic acid is produced in greater quantities by enzymatic reaction as an enzyme source. Fermentation products including microbial cells and fermentation alcohol are then converted to 5β-xanthylic acid and then to guanylic acid.

Guanylic acid is useful in flavoring agents and can also be prepared by breaking down ribonucleic acid. Guanylic acid in its salt form, including calcium guanylate, disodium guanylate, dipotassium guanylate, are food additives used as flavor enhancers to impart umami taste and are widely distributed as an RNA molecule in the body. Guanylic acid is an expensive additive and is not usually used independently of MSG, which also imparts an umami taste. Guanylic acid is produced from fish and yeast. Therefore, it is not suitable for vegetarians and vegans. Disodium guanylate is widely present in chips and snacks, instant noodles, salted rice, cold cuts, canned vegetables, and packaged soups.

The main driving factors of the guanylic acid market are the growing demand for the processed food industry, dairy and non-dairy products, and increasing consumer health awareness. Macroeconomic factors driving the guanylic acid market include, rapid urbanization, increasing disposable income, emerging economies, and changing lifestyles. Another major driving factors of the global guanylic acid market are mergers and acquisition among the Guanylic acid market players and high investment in the food & beverages industry.

Market participants operating in the guanylic acid market can capture a high market share by conducting future mergers and integrations with domestic companies. The main limiting factor of the guanylic acid market is the side effect, such as increased asthma problems. People with asthma and gout should avoid consuming guanylic acid, because purines are dangerous for those with asthma and gout, and guanylates are converted into purines. Nevertheless, the average levels of guanylic acid in food are far too low to cause harmful effects. In addition, the expanding pharmaceutical and cosmetic industries are to provide lucrative opportunities for the guanylic acid market. Due to the high demand for guanylic acid as an additive in the food and beverage industry, Japan and South Korea are anticipated to experience high growth rates in the global guanylic acid market.

The guanylic acid market is segmented into salt type, application, end-use industry, and region. Depending on salt type, the market is bifurcated into disodium guanylate, dipotassium guanylate, and calcium guanylate. On the basis of application, it is categorized into flavoring agent, taste enhancer, and others. On the basis of end-use industry, it is categorized into cosmetics, food & beverage, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global guanylic acid market include, AFINE CHEMICALS LIMITED, AHH Chemical Co., Ltd., AK Scientific Inc., Alichem Inc., Anhui BBCA Pharmaceutical Co., Ltd., BOC Sciences, Chemspace, Conier Chem & Pharma Limited, DAYANG CHEM (HANGZHOU) CO., LTD., Hubei ipure Biotech Co., Ltd., Hunan Huateng Pharmaceutical Co., Ltd., Jinan Shangbo biotech Co, Ltd., Merck KGaA, Phenomenex Inc., and Zhejiang Chengyi Pharmaceutical Co. Ltd. Other players operating in the market are YAMASA CORPORATION, Zhejiang, Qucheng Chemical Co., Ltd.

Japan and South Korea Overview
In the Asia-Pacific area, demand for guanylic acid products is rising in Japan due to the country's strong need for savory flavors, followed by South Korea, which has the highest demand in the food and beverage flavor enhancer industry.

Japan and South Korea are anticipated to see a high growth rate in the global guanylic acid market due to the high demand for guanylic acid as additives in the food and beverage industry.

Changing consumption patterns, rapid urbanization, growing population, substantial economic development, and rising per capita income are the primary factors influencing the market's expansion.

IMPACT OF COVID-19 ON THE GLOBAL GUANYLIC ACID MARKET

  • COVID-19 has spread across the globe and effected almost all aspects of life.
  • As a result of the COVID-19 pandemic, the guanylic acid market was negatively impacted.
  • During the COVID-19 pandemic, pharmaceutical, cosmetic, food and beverage, and other sectors were shut down. This decreased the demand for guanylic acid, which affected the guanylic acid market.
  • The COVID-19 pandemic resulted in the implementation of lockdown, which restricted the production of guanylic acid and disrupted the global supply chain, resulting in a decline in market demand for guanylic acid.
  • However, after the pandemic, as the supply chains return to normal after the restrictions were lifted, market participants in this market have explored for measures to minimize the pandemic's impact on their business.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the guanylic acid market analysis from 2021 to 2031 to identify the prevailing guanylic acid market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the guanylic acid market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global guanylic acid market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Salt Type

  • Disodium guanylate
  • Dipotassium guanylate
  • Calcium guanylate

By Application

  • Flavoring agent
  • Taste enhancer
  • Others

By End Use Industry

  • Cosmetics
  • Food and Beverage
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • AFINE CHEMICALS LIMITED
  • AHH Chemical Co., Ltd
  • AK Scientific Inc.
  • Alichem Inc
  • Anhui BBCA Pharmaceutical Co.
  • BOC Sciences
  • Chemspace
  • Conier Chem & Pharma Limited
  • DAYANG CHEM (HANGZHOU) CO., LTD
  • Hubei ipure Biotech Co.
  • Hunan Huateng Pharmaceutical Co.
  • Jinan Shangbo biotech Co, Ltd
  • Merck KGaA
  • Phenomenex Inc
  • Zhejiang Chengyi Pharmaceutical Co. Ltd.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Value Chain Analysis
3.8.Key Regulation Analysis
3.9.Patent Landscape
CHAPTER 4: GUANYLIC ACID MARKET, BY SALT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Disodium guanylate
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Dipotassium guanylate
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Calcium guanylate
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: GUANYLIC ACID MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Flavoring agent
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Taste enhancer
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Others
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: GUANYLIC ACID MARKET, BY END USE INDUSTRY
6.1 Overview
6.1.1 Market size and forecast
6.2 Cosmetics
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Food and Beverage
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Others
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: GUANYLIC ACID MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Salt Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End Use Industry
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Salt Type
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by End Use Industry
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Salt Type
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by End Use Industry
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Salt Type
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by End Use Industry
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Salt Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End Use Industry
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Salt Type
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by End Use Industry
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Salt Type
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by End Use Industry
7.3.5.3 UK
7.3.5.3.1 Market size and forecast, by Salt Type
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by End Use Industry
7.3.5.4 Spain
7.3.5.4.1 Market size and forecast, by Salt Type
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by End Use Industry
7.3.5.5 Italy
7.3.5.5.1 Market size and forecast, by Salt Type
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by End Use Industry
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Salt Type
7.3.5.6.2 Market size and forecast, by Application
7.3.5.6.3 Market size and forecast, by End Use Industry
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Salt Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End Use Industry
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Salt Type
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by End Use Industry
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Salt Type
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by End Use Industry
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Salt Type
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by End Use Industry
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Salt Type
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by End Use Industry
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Salt Type
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by End Use Industry
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Salt Type
7.4.5.6.2 Market size and forecast, by Application
7.4.5.6.3 Market size and forecast, by End Use Industry
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Salt Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End Use Industry
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Salt Type
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by End Use Industry
7.5.5.2 Saudi Arabia
7.5.5.2.1 Market size and forecast, by Salt Type
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by End Use Industry
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Salt Type
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by End Use Industry
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Salt Type
7.5.5.4.2 Market size and forecast, by Application
7.5.5.4.3 Market size and forecast, by End Use Industry
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 AFINE CHEMICALS LIMITED
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 AHH Chemical Co., Ltd
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 AK Scientific Inc.
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Alichem Inc
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Anhui BBCA Pharmaceutical Co.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 BOC Sciences
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Chemspace
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Conier Chem & Pharma Limited
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 DAYANG CHEM (HANGZHOU) CO., LTD
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Hubei ipure Biotech Co.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Hunan Huateng Pharmaceutical Co.
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Jinan Shangbo biotech Co, Ltd
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Merck KGaA
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Phenomenex Inc
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 Zhejiang Chengyi Pharmaceutical Co. Ltd.
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
List of Tables
Table 1. Global Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 2. Urban Security Screening Market Size, for Baggage Scanners, by Region, 2021-2031 ($Million)
Table 3. Urban Security Screening Market for Baggage Scanners by Country, 2021-2031 ($Million)
Table 4. Urban Security Screening Market Size, for Vehicle Scanners, by Region, 2021-2031 ($Million)
Table 5. Urban Security Screening Market for Vehicle Scanners by Country, 2021-2031 ($Million)
Table 6. Urban Security Screening Market Size, for Cargo Scanners, by Region, 2021-2031 ($Million)
Table 7. Urban Security Screening Market for Cargo Scanners by Country, 2021-2031 ($Million)
Table 8. Urban Security Screening Market Size, for Cbrn Detection, by Region, 2021-2031 ($Million)
Table 9. Urban Security Screening Market for Cbrn Detection by Country, 2021-2031 ($Million)
Table 10. Urban Security Screening Market Size, for Explosive/Narcotics Detectors, by Region, 2021-2031 ($Million)
Table 11. Urban Security Screening Market for Explosive/Narcotics Detectors by Country, 2021-2031 ($Million)
Table 12. Urban Security Screening Market Size, for Trace Detectors, by Region, 2021-2031 ($Million)
Table 13. Urban Security Screening Market for Trace Detectors by Country, 2021-2031 ($Million)
Table 14. Global Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 15. Urban Security Screening Market Size, for Government Buildings, by Region, 2021-2031 ($Million)
Table 16. Urban Security Screening Market for Government Buildings by Country, 2021-2031 ($Million)
Table 17. Urban Security Screening Market Size, for Airports, by Region, 2021-2031 ($Million)
Table 18. Urban Security Screening Market for Airports by Country, 2021-2031 ($Million)
Table 19. Urban Security Screening Market Size, for Educational Institutes, by Region, 2021-2031 ($Million)
Table 20. Urban Security Screening Market for Educational Institutes by Country, 2021-2031 ($Million)
Table 21. Urban Security Screening Market Size, for Public Places, by Region, 2021-2031 ($Million)
Table 22. Urban Security Screening Market for Public Places by Country, 2021-2031 ($Million)
Table 23. Urban Security Screening Market Size, for Others, by Region, 2021-2031 ($Million)
Table 24. Urban Security Screening Market for Others by Country, 2021-2031 ($Million)
Table 25. Urban Security Screening Market, by Region, 2021-2031 ($Million)
Table 26. North America Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 27. North America Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 28. North America Urban Security Screening Market, by Country, 2021-2031 ($Million)
Table 29. U.S. Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 30. U.S. Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 31. Canada Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 32. Canada Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 33. Mexico Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 34. Mexico Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 35. Europe Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 36. Europe Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 37. Europe Urban Security Screening Market, by Country, 2021-2031 ($Million)
Table 38. U.K. Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 39. U.K. Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 40. Germany Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 41. Germany Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 42. France Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 43. France Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 44. Rest of Europe Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 45. Rest of Europe Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 46. Asia-Pacific Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 47. Asia-Pacific Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 48. Asia-Pacific Urban Security Screening Market, by Country, 2021-2031 ($Million)
Table 49. China Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 50. China Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 51. Japan Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 52. Japan Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 53. South Korea Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 54. South Korea Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 55. India Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 56. India Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 57. Rest of Asia-Pacific Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 58. Rest of Asia-Pacific Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 59. LAMEA Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 60. LAMEA Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 61. LAMEA Urban Security Screening Market, by Country, 2021-2031 ($Million)
Table 62. Latin America Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 63. Latin America Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 64. Middle East Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 65. Middle East Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 66. Africa Urban Security Screening Market, by Product Type, 2021-2031 ($Million)
Table 67. Africa Urban Security Screening Market, by End Use, 2021-2031 ($Million)
Table 68. Smiths Group plc: Company Snapshot
Table 69. Smiths Group plc: Operating Segments
Table 70. Smiths Group plc: Product Portfolio
Table 71. Smiths Group plc: Net Sales
Table 72. Smiths Group plc: Key Stratergies
Table 73. Astrophysics Inc: Company Snapshot
Table 74. Astrophysics Inc: Operating Segments
Table 75. Astrophysics Inc: Product Portfolio
Table 76. Astrophysics Inc: Net Sales
Table 77. Astrophysics Inc: Key Stratergies
Table 78. Rapiscan Systems: Company Snapshot
Table 79. Rapiscan Systems: Operating Segments
Table 80. Rapiscan Systems: Product Portfolio
Table 81. Rapiscan Systems: Net Sales
Table 82. Rapiscan Systems: Key Stratergies
Table 83. Autoclear: Company Snapshot
Table 84. Autoclear: Operating Segments
Table 85. Autoclear: Product Portfolio
Table 86. Autoclear: Net Sales
Table 87. Autoclear: Key Stratergies
Table 88. Ledios: Company Snapshot
Table 89. Ledios: Operating Segments
Table 90. Ledios: Product Portfolio
Table 91. Ledios: Net Sales
Table 92. Ledios: Key Stratergies
Table 93. Nuctech Company Limited: Company Snapshot
Table 94. Nuctech Company Limited: Operating Segments
Table 95. Nuctech Company Limited: Product Portfolio
Table 96. Nuctech Company Limited: Net Sales
Table 97. Nuctech Company Limited: Key Stratergies
Table 98. Hitachi,Ltd: Company Snapshot
Table 99. Hitachi,Ltd: Operating Segments
Table 100. Hitachi,Ltd: Product Portfolio
Table 101. Hitachi,Ltd: Net Sales
Table 102. Hitachi,Ltd: Key Stratergies
Table 103. Environics, Inc.: Company Snapshot
Table 104. Environics, Inc.: Operating Segments
Table 105. Environics, Inc.: Product Portfolio
Table 106. Environics, Inc.: Net Sales
Table 107. Environics, Inc.: Key Stratergies
Table 108. Proengine: Company Snapshot
Table 109. Proengine: Operating Segments
Table 110. Proengine: Product Portfolio
Table 111. Proengine: Net Sales
Table 112. Proengine: Key Stratergies
Table 113. Bruker Daltonics: Company Snapshot
Table 114. Bruker Daltonics: Operating Segments
Table 115. Bruker Daltonics: Product Portfolio
Table 116. Bruker Daltonics: Net Sales
Table 117. Bruker Daltonics: Key Stratergies
Table 118. Bruker Daltonics: Company Snapshot
Table 119. Bruker Daltonics: Operating Segments
Table 120. Bruker Daltonics: Product Portfolio
Table 121. Bruker Daltonics: Net Sales
Table 122. Bruker Daltonics: Key Stratergies
Table 123. Thermofisher: Company Snapshot
Table 124. Thermofisher: Operating Segments
Table 125. Thermofisher: Product Portfolio
Table 126. Thermofisher: Net Sales
Table 127. Thermofisher: Key Stratergies
Table 128. Thruvision: Company Snapshot
Table 129. Thruvision: Operating Segments
Table 130. Thruvision: Product Portfolio
Table 131. Thruvision: Net Sales
Table 132. Thruvision: Key Stratergies
List of Figures
Figure 1. Guanylic Acid Market Segmentation
Figure 2. Guanylic Acid Market,2021-2031
Figure 3. Guanylic Acid Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Guanylic Acid Market:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Key Regulation Analysis
Figure 14. Patent Analysis by Company
Figure 15. Patent Analysis by Country
Figure 16. Guanylic Acid Market,By Salt Type,2021(%)
Figure 17. Comparative Share Analysis of Disodium Guanylate Guanylic Acid Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Dipotassium Guanylate Guanylic Acid Market,2021-2031(%)
Figure 19. Comparative Share Analysis of Calcium Guanylate Guanylic Acid Market,2021-2031(%)
Figure 20. Guanylic Acid Market,By Application,2021(%)
Figure 21. Comparative Share Analysis of Flavoring Agent Guanylic Acid Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Taste Enhancer Guanylic Acid Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Others Guanylic Acid Market,2021-2031(%)
Figure 24. Guanylic Acid Market,By End Use Industry,2021(%)
Figure 25. Comparative Share Analysis of Cosmetics Guanylic Acid Market,2021-2031(%)
Figure 26. Comparative Share Analysis of Food and Beverage Guanylic Acid Market,2021-2031(%)
Figure 27. Comparative Share Analysis of Others Guanylic Acid Market,2021-2031(%)
Figure 28. Guanylic Acid Market by Region,2021
Figure 29. U.S. Guanylic Acid Market,2021-2031($Million)
Figure 30. Canada Guanylic Acid Market,2021-2031($Million)
Figure 31. Mexico Guanylic Acid Market,2021-2031($Million)
Figure 32. Germany Guanylic Acid Market,2021-2031($Million)
Figure 33. France Guanylic Acid Market,2021-2031($Million)
Figure 34. Uk Guanylic Acid Market,2021-2031($Million)
Figure 35. Spain Guanylic Acid Market,2021-2031($Million)
Figure 36. Italy Guanylic Acid Market,2021-2031($Million)
Figure 37. Rest of Europe Guanylic Acid Market,2021-2031($Million)
Figure 38. China Guanylic Acid Market,2021-2031($Million)
Figure 39. Japan Guanylic Acid Market,2021-2031($Million)
Figure 40. India Guanylic Acid Market,2021-2031($Million)
Figure 41. South Korea Guanylic Acid Market,2021-2031($Million)
Figure 42. Australia Guanylic Acid Market,2021-2031($Million)
Figure 43. Rest of Asia-Pacific Guanylic Acid Market,2021-2031($Million)
Figure 44. Brazil Guanylic Acid Market,2021-2031($Million)
Figure 45. Saudi Arabia Guanylic Acid Market,2021-2031($Million)
Figure 46. South Africa Guanylic Acid Market,2021-2031($Million)
Figure 47. Rest of LAMEA Guanylic Acid Market,2021-2031($Million)
Figure 48. Top Winning Strategies, by Year
Figure 49. Top Winning Strategies, by Development
Figure 50. Top Winning Strategies, by Company
Figure 51. Product Mapping of Top 10 Players
Figure 52. Competitive Dashboard
Figure 53. Competitive Heatmap of Top 10 Key Players
Figure 54. Afine Chemicals Limited.: Net Sales ,($Million)
Figure 55. Ahh Chemical Co. Ltd.: Net Sales ,($Million)
Figure 56. Ak Scientific Inc..: Net Sales ,($Million)
Figure 57. Alichem Inc.: Net Sales ,($Million)
Figure 58. Anhui Bbca Pharmaceutical Co..: Net Sales ,($Million)
Figure 59. Boc Sciences.: Net Sales ,($Million)
Figure 60. Chemspace.: Net Sales ,($Million)
Figure 61. Conier Chem & Pharma Limited.: Net Sales ,($Million)
Figure 62. Dayang Chem (Hangzhou) Co. Ltd.: Net Sales ,($Million)
Figure 63. Hubei Ipure Biotech Co..: Net Sales ,($Million)
Figure 64. Hunan Huateng Pharmaceutical Co..: Net Sales ,($Million)
Figure 65. Jinan Shangbo Biotech Co, Ltd.: Net Sales ,($Million)
Figure 66. Merck KGaA.: Net Sales ,($Million)
Figure 67. Phenomenex Inc.: Net Sales ,($Million)
Figure 68. Zhejiang Chengyi Pharmaceutical Co. Ltd..: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Guanylic Acid Market," the guanylic acid market was valued at $1.4 billion in 2021, and is estimated to reach $2.4 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.

Guanylic acid is a nucleotide used in RNA as a monomer. Guanylic acid is also referred as Guanosine monophosphate (GMP). It is a phosphoric acid ester with the nucleotide guanosine. GMP contains a phosphate group, the pentose sugar ribose, and the nucleobase guanine; hence, it is a ribonucleoside monophosphate. Guanosine monophosphate is commercially generated through microbial fermentation.

Guanosine monophosphate has the reference number E626. In the form of its salts, food additives such as disodium guanylate (E627), dipotassium guanylate (E628), and calcium guanylate (E629) are employed as umami flavor enhancers. It is frequently used in association with disodium inosinate to create disodium 5′-ribonucleotides. Instant noodles, potato chips and snacks, savory rice, canned veggies, cured meats, and packet soup frequently include disodium guanylate.

Globalization and modernization are major contributors to the growing demand for flavor enhancer compounds, and this has led to a global increase in the use of dipotassium guanylate. The altering lifestyles of consumers have an impact on their dietary preferences. Spices and natural herbs have been widely utilized in cooking for decades, and this has steadily necessitated the development of technology to accommodate large food processors. These factors are driving the guanylic acid market. However, most of the tastes are country- and region-specific, and the major market players are always attempting to raise their market share and expand their footing by investing heavily in R&D and market innovations. However, rise in health consciousness is one of the most significant market limitations for artificial flavorings and hence, can restrain the guanylic acid market.

The guanylic acid market is segmented into salt type, application, end-use industry, and region. Depending on salt type, the market is bifurcated into disodium guanylate, dipotassium guanylate, and calcium guanylate. On the basis of application, it is categorized into flavoring agent, taste enhancer, and others. On the basis offend-use industry, it is categorized into cosmetics, food & beverage, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global guanylic acid market are AFINE CHEMICALS LIMITED, AHH Chemical Co., Ltd., AK Scientific Inc., Alichem Inc., Anhui BBCA Pharmaceutical Co., Ltd., BOC Sciences, Chemspace, Conier Chem & Pharma Limited, DAYANG CHEM (HANGZHOU) CO., LTD., Hubei ipure Biotech Co., Ltd., Hunan Huateng Pharmaceutical Co., Ltd., Jinan Shangbo biotech Co, Ltd., Merck KGaA, Phenomenex Inc., and Zhejiang Chengyi Pharmaceutical Co. Ltd.

Other players operating in the guanylic acid market are YAMASA CORPORATION. Zhejiang, Qucheng Chemical Co., Ltd.

Key Findings of the Study

  • The report outlines the current guanylic acid market trends and future scenario of the market from 2022 to 2031 to understand the prevailing opportunities and potential investment pockets.
  • The market size is provided in terms of revenue and volume.
  • On the basis of salt type, the disodium guanylate segment is expected to grow at a CAGR of 5.5%, in terms of revenue, during the forecast period.
  • On the basis of application, the taste enhancer segment is expected to grow at a CAGR of 5.6%, in terms of revenue, during the forecast period.
  • Depending on end-use industry, the others segment is expected to grow at a CAGR of 5.5%, in terms of revenue, during the forecast period.
  • By region, Asia-Pacific dominated the market with highest revenue shares of $520.2 million in 2021.
  • Japan and South Korea Overview
  • In the Asia-Pacific area, demand for guanylic acid products is rising in Japan due to the country's strong need for savory flavors, followed by South Korea, which has the highest demand in the food and beverage flavor enhancer industry.
  • Japan and South Korea are anticipated to see a high growth rate in the global guanylic acid market due to the high demand for guanylic acid as additives in the food and beverage industry.
  • Changing consumption patterns, rapid urbanization, growing population, substantial economic development, and rising per capita income are the primary factors influencing the market's expansion.

IMPACT OF COVID-19 ON THE GLOBAL GUANYLIC ACID MARKET

  • COVID-19 has spread across the globe and effected almost all aspects of life.
  • As a result of the COVID-19 pandemic, the guanylic acid market was negatively impacted.
  • During the COVID-19 pandemic, pharmaceutical, cosmetic, food and beverage, and other sectors were shut down. This decreased the demand for guanylic acid, which affected the guanylic acid market.
  • The COVID-19 pandemic resulted in the implementation of lockdown, which restricted the production of guanylic acid and disrupted the global supply chain, resulting in a decline in market demand for guanylic acid.
  • However, after the pandemic, as the supply chains return to normal after the restrictions were lifted, market participants in this market have explored for measures to minimize the pandemic's impact on their business.

Companies Mentioned

  • Afine Chemicals Limited
  • Ahh Chemical Co. Ltd
  • Ak Scientific Inc.
  • Alichem Inc
  • Anhui Bbca Pharmaceutical Co.
  • Boc Sciences
  • Chemspace
  • Conier Chem & Pharma Limited
  • Dayang Chem (Hangzhou) Co. Ltd
  • Hubei Ipure Biotech Co.
  • Hunan Huateng Pharmaceutical Co.
  • Jinan Shangbo Biotech Co, Ltd
  • Merck Kgaa
  • Phenomenex Inc
  • Zhejiang Chengyi Pharmaceutical Co. Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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