Guanylic Acid Market Size Worth $1,853.65 Million By 2032 | CAGR: 5.4%

The global guanylic acid market size is expected to reach USD 1,853.65 million by 2032, according to a new study by Polaris Market Research. The report “Guanylic Acid Market Share, Size, Trends, Industry Analysis Report, By Salt Type (Disodium guanylate, Dipotassium guanylate, Calcium guanylate); By Application; By End Use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The guanylic acid market is expected to experience growth in the coming years due to the increasing demand from various industries such as food and beverage, pharmaceuticals, and personal care. In the food industry, Guanylic acid is used as a flavor enhancer to improve the taste of food products. It is commonly found in processed foods such as snacks, soups, and seasonings. According to the Austrian Food and Grocery Council, Australia’s food and grocery sector is projected to reach $250 Million by 2030, with a resulting 54 percent increase in employment to 427,000 people.

In the pharmaceutical industry, Guanylic acid is used as a drug component that treats cancer, viral infections, and other diseases. It is also used as a moisturizer and emollient in personal care products such as shampoos, conditioners, and lotions. The busy lifestyle of consumers is driving the demand for convenience foods such as ready-to-eat meals and snacks. Disodium guanylate is commonly used in these foods to enhance their flavor, which is expected to drive the demand for disodium guanylate in the coming years.

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The chili flavor trend drives the demand for Guanylic acid in the food industry. Guanylic acid is commonly used as a flavor enhancer in savory foods, including those with a chili flavor profile. As consumers continue seeking spicy and flavorful foods, the demand for guanylin acid is expected to increase. For Instance, Lay's expanding its spicy, savory snacks in India. It launched the Sizzlin' Hotline of snacks, a component of its global Lay's Flamin' Hot line up of snacks in 2022.

Guanylic Acid Market Report Highlights

• Disodium guanylate is anticipated to grow due to increasing demand for processed foods and natural ingredients.
• Taste Enhancer segment accounted for the higher growth rate owing to the rising demand for flavor-modified foods.
• Food and Beverages segment is projected to experience a significant growth rate due to the growing demand for umami taste and functional foods.
• Asia Pacific is expected to grow at a significant growth rate owing to the growing population, increasing disposable income, and growing food and beverage industry.
• The global players include AFINE CHEMICALS, AHH Chemical, AK Scientific, Alichem, Anhui BBCA Pharmaceutical, BOC Sciences, BOC Chemspace, Conier Chem & Pharma, , Phenomenex  and Zhejiang Chengyi Pharmaceutical.

Polaris Market Research has segmented the Guanylic acid market report based on salt type, application, end use industry and region:

Guanylic Acid, Salt Type Outlook (Revenue - USD Million, 2019 - 2032)

• Disodium guanylate
• Dipotassium guanylate
• Calcium guanylate

Guanylic Acid, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Flavoring Agent
• Taste Enhancer

Guanylic Acid, End Use Industry Outlook (Revenue - USD Million, 2019 - 2032)

• Cosmetics
• Food and Beverages

Guanylic Acid, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Guanylic Acid Market Report Scope

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