Global Pyruvic Acid Market 2022 - Industry Statistics

Pyruvic acid (CH3COCOOH), also known as 2-oxopropanoic acid, α-ketopropionic acid or acetylformic acid, is the simplest of the alpha-keto acids, with a carboxylic acid and a ketone functional group. Pyruvic acid is the most important α-oxocarboxylic acid. It plays a central role in energy metabolism in living organisms. Industrially, it is used mainly as a starting material in the biosynthesis of pharmaceuticals, such as L-tryptophan, L-tyrosine and alanine, as well as L-DOPA. It is also employed in the production of crop protection agents, polymers, cosmetics and food additives. The global pyruvic acid market is expected to increase by USD 11 million, at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2028, according to the latest edition of the Global Pyruvic Acid Market Report.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global pyruvic acid market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the pyruvic acid industry.

This industry report offers market estimates of the global market, followed by a detailed analysis of the process, application, and region. The global market for pyruvic acid can be segmented by process: chemical synthesis, biosynthesis. Pyruvic acid market is further segmented by application: pharmaceuticals & healthcare, daily chemicals, food additives, others. According to the research, the pharmaceuticals & healthcare segment had the largest share in the global pyruvic acid market. Based on region, the pyruvic acid market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By process:
- chemical synthesis
- biosynthesis

By application:
- pharmaceuticals & healthcare
- daily chemicals
- food additives
- others

By region:
- North America
- Asia Pacific
- Europe
- Rest of the World (ROW)

The report also provides analysis of the key companies of the industry and their detailed company profiles including Anhui Huaheng Biological Engineering Co., Ltd., Hubei Lansun Biochemistry Pharmaceutical Co., Ltd., Jinon Pharma (Wuhan) Co., Ltd., Musashino Chemical Laboratory, Ltd., Shanghai Jinli Bio-tech Co., Ltd., Tianjin Shengdao Technology Co., Ltd., Toray Fine Chemicals Co. Ltd., Zheda Panaco Chemical Engineering Co., Ltd., among others.
*REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES

Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
- To analyze and forecast the market size of the global pyruvic acid market.
- To classify and forecast the global pyruvic acid market based on process, application, region.
- To identify and analyze the profile of leading players operating in the global pyruvic acid market.

Why Choose This Report
- Gain a reliable outlook of the global pyruvic acid market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.