Allied Market Research

2024

Inosinic Acid Market

Inosinic Acid Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Disodium Inosinate, Dipotassium Inosinate, Dicalcium Inosinate), by Application (Flavor Enhancer, Meat, Cough Syrups, Sauce, Supplements, Others) and by End User (Food and Beverages, Confectionary, Pharmaceuticals, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Eswara Prasad
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Inosinic acid, also known as inosine monophosphate, is a vital acid in metabolism andit is usually found in different muscles. Itis a colorless and odorless compound that comes in both crystaland powder form.Inosinic acid, also known as primary nucleotide, is formed during the synthesis of purine and can be transformed into salts, such as disodium inosinate, dipotassium inosinate and calcium inosinate.Itcan beproduced by deamination of adenosine monophosphate (AMP) but is commercially manufacturedby fermentation of bacteria or yeast as well as fish, meat, and shellfish.

Surge in utilization of inosinic acid as a flavor enhancer in the food &beverage segments is anticipated to fuel the growth of the global inosinic acid market. Further, usage of inosinic acid as sweetener in the confectionary goodsisexpected to boost the segment growth during the forecast period. Moreover,increase in penetration of inosinic acid in pharmaceutical drugs and antineoplastic agents is anticipated to fuel the market growth. However, high consumption of Inosinic acid can lead to deposition of uric acid in blood and urine causing health issues such as kidney damage and bladder stones.Nonetheless, rise in prominence in research and development (R&D) coupled with new product developments are anticipated to provide new opportunities over the upcoming period. 

The inosinic acid market is segmented into derived salts, application, enduser, and region. By type, the market is divided into disodium inosinate, dipotassium inosinate,and dicalcium inosinate. By application, the market is fragmented into flavor enhancer, meat, cough syrups, sauce, supplements, and others. By enduser,the market is differentiated intofood &beverages, confectionary, pharmaceuticals,and others.Inosinic acid is used as flavor enhancer in the cough syrup to suppress the original flavor.By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, MiddleEast and Africa).

The global inosinic market is highly fragmented due to the presence of large number of industry players. Some of the key players working in the market include Salus Nutra Inc.,Parchem fine & specialty chemicals, okchem, Spectrum Chemical Manufacturing Corp, Pharma Waldhof,and Others.

Key Benefits for Stakeholders:

  • The global inosinic acid marketsize has been analyzed across four major regions.

  • Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the market for strategy building.

  • The report outlines the current market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets.

  • Major countries in each region have been mapped according to their individual revenue contribution to the regional market.

  • The key drivers, restraints, opportunities, andmarket trends along with their detailed impact analysis are elucidated in the study.

  • The global inosinic acid analysis covers in-depth information of the major industry participants.

Questions answered in the global inosinic acid marketresearch report:

  • What is the growth rate of the marketduring the forecast period?
  • What will be the global inosinic acid marketsize ?
  • Who are the leading manufacturing companies in the market?
  • How the major current trends will shape the market in the future?
  • What are the driving factors and opportunities in the market?
  • Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?

Inosinic Acid Market Report Highlights

Aspects Details
Inosinic Acid Market By Type
By Type
  • Disodium Inosinate
  • Dipotassium Inosinate
  • Dicalcium Inosinate
Inosinic Acid Market By Application
By Application
  • Flavor Enhancer
  • Meat
  • Cough Syrups
  • Sauce
  • Supplements
  • Others
Inosinic Acid Market By End User
By End User
  • Food and Beverages
  • Confectionary
  • Pharmaceuticals
  • Others
Inosinic Acid Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
Key Market Players
Key Market Players

Salus Nutra Inc., Pharma Waldhof, Spectrum Chemical Manufacturing Corp, okchem, Parchem fine & specialty chemicals

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Inosinic Acid Market

Global Opportunity Analysis and Industry Forecast, 2023-2032