Global Guanidinoacetic Acid Sales Market Report 2021

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.

Market Analysis and Insights: Global Guanidinoacetic Acid Market
The global Guanidinoacetic Acid market was valued at US$ 35 in 2020 and will reach US$ 47 million by the end of 2027, growing at a CAGR of 5.0% during 2022-2027.

Global Guanidinoacetic Acid Scope and Market Size
The global Guanidinoacetic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Guanidinoacetic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Feed Grade
Pharmaceutical Grade
Others

Segment by Application
Fodder
Medicine
Others

The Guanidinoacetic Acid market is analysed and market size information is provided by regions (countries). Segment by Application, the Guanidinoacetic Acid market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Evonik
GENDONE
Hebei Daxiao
Tiancheng Chempharm
Lubon Industry
Hubei Yuanhua
Jiangsu Yuanyang
Shijiazhuang Zexing Group

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