Pyruvic acid is an important intermediate involved in the TCA cycle of glycolysis in the body. It is involved in the biochemical synthesis of lipids, amino acids, proteins, ATP and others. Pyruvic acid is highly reactive and functions as an important intermediate in fine chemicals such as substrate for the synthesis of pharmaceuticals, agricultural chemicals, etc.
The five-year forecast for the pyruvic acid market shows a healthy Compound Annual Growth Rate (CAGR) of 2.3 percent driven by increased demand from the Pharmaceutical, Agrochemical, Flavor and Fragrance segment, according to a new report published by Gen Consulting Company.
The report covers forecast and analysis for the pyruvic acid market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the pyruvic acid market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the pyruvic acid market on a global level.
The report has been prepared based on the synthesis, analysis, and interpretation of information about the global pyruvic acid market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
Demand for this market rises from the Pharmaceutical, Agrochemical, Flavor and Fragrance and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global pyruvic acid market.
- Chemically Synthesis
- Flavor and Fragrance
- North America
- Asia Pacific
- Musashino Chemical Laboratory
- Shanghai Jinli
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Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global pyruvic acid market?
- What are the challenges to market growth?
- Who are the key players in the pyruvic acid market?
- What are the market opportunities and threats faced by the key players?
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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