Global Manganese Gluconate Market Overview:
Manganese gluconate is a nutritional element which combines the mineral manganese with glutamic acid. It has been used as a food additive for its color and texture, also as a nutritional supplement for its potential health benefits. But, due to its high toxicity, caution must be used to ensure do not overdose on manganese gluconate. Further, it found in trace amounts in many plants, and can be found in human body, primarily in bone and soft organ tissue. It is a manganese salt of gluconic acid with the chemical formula C12H22MnO14 x 2H2O. In pharmaceutical preparations it is used as a manganese supplement and its pharmacological effects are due to the normal role of manganese in the body. Some of the key players profiled in the study are Liaoyang Fuqiang Food Chemical (China), Shandong Xinhong Pharmaceutical (China), Global Calcium (India), Anhui Xingzhou Medicine Foods (China), Jost Chemical (United States), Dacon China (China), Triveni Chemicals (India), Henan Honghui Biotechnology (China), Zhengzhou Ruipu Biological Engineering (China) and American Elements (United States).
On the basis of geography, the market of Manganese Gluconate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Manganese Gluconate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Health Benefits Such As Blood-Clotting Factors and Blood Sugar Regulation
- Rising Use as a Food Additive for Its Color and Texture
- Increasing Demand from Pharmaceutical Industry
- Concerns Regarding High Toxicity
- High Potential Growth Offered By Emerging Economies
- High Amounts of Manganese Gluconate Intake May Cause Serious Health Risks
Leading companies are focusing on strategic partnerships to improve their products and services. Key players are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Target Audience:Manufacturers of Manganese Gluconate, Suppliers of Manganese Gluconate, Food Industry, Pharmaceutical Industry, Governmental Bodies and Research Firms
Major Objectives Focused through this Study To define, describe, and forecast the Global Manganese Gluconate market on the basis of product [Food Grade and Pharmaceutical Grade] , application [Food & Beverage, Pharmaceutical, Personal Care and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Manganese Gluconate market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Manganese Gluconate industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Manganese Gluconate market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.