Global Laminarin Market Growth 2019-2024

Research By Markets adds Market Research Report - Global Laminarin Market Growth 2019-2024

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The molecule laminarin (also known as laminaran) is a storage glucan (a polysaccharide of glucose) found in brown algae. It is used as a carbohydrate food reserve in the same way that chrysolaminarin is used by phytoplankton. It is created by photosynthesis and is made up of ?(1?3)-glucan with ?(1?6)-linkages. It is a linear polysaccharide, with a ?(1?3):?(1?6) ratio of 3:1.
Growing demand for Laminarin from end-use industries such as food & beverages, feed & pharmaceuticals to impart flavor, color and nutrition is driving the plant extract market. A shift in consumer preference towards intake of herbal medicines is again fueling the Laminarin market. Side-effects associated with the synthetically prepared drugs leading to various disorders have drastically changed the consumer preference towards the safe & herbal alternative. This, in turn, has driven the market growth. Also, rising demand for extracted or herbal supplements is impacting the market growth positively. Overall economic performance will continue to be the best indicator of future demand for Laminarin. Demand in most downstream markets is greatly influenced by general economic conditions. As a result, demand largely follows the patterns of the leading world economies.

According to this study, over the next five years the Laminarin market will register a 8.7% CAGR in terms of revenue, the global market size will reach US$ 2 million by 2024, from US$ 1 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Laminarin business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Laminarin market by product type, application, key manufacturers and key regions and countries.

This study considers the Laminarin 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.
20%-30% Purity
35%-60% Purity
60%-95% Purity
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food & Beverages
Dietary Supplements

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
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.
Shaanxi Huike Botanical
Hangzhou Skyherb Technologies
Shaanxi Senfu
Xi’an SR Bio
Xi’an Tianrui Biotechnology
Guilin Fengrunlai Biotech
Nutra Green
Xi’an Yunuo
Xi’an Haijia

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 Laminarin 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 Laminarin market by identifying its various subsegments.
Focuses on the key global Laminarin 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 Laminarin 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 Laminarin 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.

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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via *Market Research News is a part of Research By Markets.