Potassium Pyruvate market

China Potassium Pyruvate Market Global Outlook and Forecast 2024-2030

  • 16 October 2024
  • Chemicals and Materials
  • 205 Pages
  • Report code : PMR-8013129

  • 4.7 (158)

Potassium Pyruvate Market

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The China Potassium Pyruvate market size was valued at US$ 52.4 million in 2024 and is projected to reach US$ 73.6 million by 2030, at a CAGR of 5.8% during the forecast period 2024-2030.

Potassium Pyruvate is the potassium salt of pyruvic acid, used in nutritional supplements, sports nutrition products, and as an ingredient in certain pharmaceutical formulations for its potential metabolic and energy-boosting properties.

China's Potassium Pyruvate market is growing steadily, driven by increasing demand in the sports nutrition and dietary supplement sectors. In 2023, China produced approximately 3,800 metric tons of potassium pyruvate, with 65% exported and 35% consumed domestically. The sports nutrition sector remains the largest consumer, accounting for 55% of demand, followed by dietary supplements at 30% and pharmaceuticals at 15%. The market benefited from the growing fitness trend and awareness of performance-enhancing supplements, leading to a 18% increase in domestic consumption in 2023. Technological advancements have focused on improving product stability and bioavailability, with new formulations offering 25% longer shelf life and 20% better absorption compared to 2020 standards. The market is seeing strong growth in combination products, with potassium pyruvate-based energy and recovery formulas increasing at 12% annually. In 2023, new regulations on sports nutrition product labeling led to a 20% increase in clinical studies supporting potassium pyruvate efficacy claims. The industry faces challenges from competition with other energy-boosting ingredients, but ongoing research into its potential benefits in exercise performance and recovery is expanding its market potential. Emerging applications in cognitive health supplements are showing promise, growing at 15% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from China's growing elderly population, with potassium pyruvate supplements for age-related fatigue projected to grow at 8% CAGR through 2030.

Potassium Pyruvate Market contains market size and forecasts of Potassium Pyruvate in China, including the following market information:

•    China Potassium Pyruvate Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    China Potassium Pyruvate Market Sales, 2019-2024, 2024-2030,

•    China Top five Potassium Pyruvate companies in 2023 (%)

Report Includes

Potassium Pyruvate Market presents an overview of China market for Potassium Pyruvate , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Potassium Pyruvate Market focuses on the Potassium Pyruvate sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Potassium Pyruvate market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Potassium Pyruvate Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Potassium Pyruvate Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Purity: <99%

•    Purity: ?99%

Segment by Applications

•    Food

•    Cosmetic

•    Other

Key Companies covered in Potassium Pyruvate Market :

•    Zhejiang Tianxin Pharmaceutical Co., Ltd.

•    Jinan Asia Pharmaceutical Co., Ltd.

•    Henan Tianfu Chemical Co., Ltd.

•    Hubei Yuancheng Saichuang Technology Co. Ltd.

•    Shanghai ZZ New Material Tech. Co., Ltd.

•    Hangzhou Dayangchem Co. Ltd.

•    Hebei Guanlang Biotechnology Co., Ltd.

•    Sichuan JingYu Chemical Co., Ltd.

•    Jiangxi Shengwei Chemical Co., Ltd.

•    Hunan Sunshine Bio-Tech Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Potassium Pyruvate revenues in Chinan market, 2019-2024 (Estimated), ($ millions)

•    Key companies Potassium Pyruvate revenues share in Chinan market, 2023 (%)

•    Key companies Potassium Pyruvate sales in Chinan market, 2019-2024 (Estimated),

•    Key companies Potassium Pyruvate sales share in Chinan market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Potassium Pyruvate Market

•    Overview of the regional outlook of the Potassium Pyruvate Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Potassium Pyruvate Market 

•    United States Potassium Pyruvate Market 

•    Japan Potassium Pyruvate Market 

•    Germany Potassium Pyruvate Market 

•    South Korea Potassium Pyruvate Market 

•    Indonesia Potassium Pyruvate Market 

•    Brazil Potassium Pyruvate Market

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