Global Trehalose Industry Market Report by 2026
According to the report, the Trehalose market is expected to grow from USD 377 million in 2019 to USD 520 million by 2026, growing at a CAGR of 4.7% from 2019 to 2026.
Description:
Trehalose market is expected to witness growth due to the growing application of trehalose. The global Trehalose market is estimated to be USD 377 million in 2019 and is expected to reach USD 520 million by 2026, with a CAGR of 4.7% during the forecast period.
Trehalose is a sugar consisting of two molecules of glucose. It is also known as mycose or tremalose. Some bacteria, fungi, plants and invertebrate animals synthesize it as a source of energy, and to survive freezing and lack of water.
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Competitive Insights
Key players in the Trehalose market are Hayashibara, Meihua Group, Lianmeng Chemical, Visionbio Technology, and Sinozyme Biotechnology. Other players in the Trehalose market are Life Sciences Advanced Technologies, Cargill Inc., The Ingredient House, Penta Manufacturer, Fenchem, and others.
Regional Insights
In 2018, the global Trehalose market was mainly concentrated in the regions of North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia-Pacific is the global market leader at a share of 33.11% due to population growth. North America is currently leading Europe with a share of 30.11% and 28.15%. In North America, Europe, and Latin America, the Trehalose market is expected to witness growth due to its use in foods, beverages, pharmaceuticals, and cosmetics.
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Type Insights
By product type, the Trehalose market is segmented into Pharmaceutical Grade, Food Grade, and Others.
Application Insights
Based on application, this market is divided into Cosmetics, Pharmaceuticals, and Food.
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Audience
• Trehalose manufacturers
• Raw material suppliers of Trehalose
• Distributors and resellers of Trehalose
• Trehalose industry associations
• Product managers, Trehalose industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Healthcare organizations
• Small and Medium-sized Enterprises (SMEs)
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