Global Arabinogalactan Market Growth 2023-2029
Arabinogalactan is a complex water-soluble polysaccharide compound of plant origin. Arabinogalactan contains molecules of galactose and arabinose. Two sources of arabinogalactan are Western Larch (Larix occidentalis) and Mongolian Larch (Larix dahurica). Most commercial arabinogalactan is produced from Western Larch, a renewable resource.
LPI (LP Information)' newest research report, the “Arabinogalactan Industry Forecast” looks at past sales and reviews total world Arabinogalactan sales in 2022, providing a comprehensive analysis by region and market sector of projected Arabinogalactan sales for 2023 through 2029. With Arabinogalactan sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Arabinogalactan industry.
This Insight Report provides a comprehensive analysis of the global Arabinogalactan landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Arabinogalactan portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Arabinogalactan market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Arabinogalactan and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Arabinogalactan.
The global Arabinogalactan market size is projected to grow from US$ 154.6 million in 2022 to US$ 201.2 million in 2029; it is expected to grow at a CAGR of 201.2 from 2023 to 2029.
The major companies of Arabinogalactan include LONZA, Ametis JSC, Jilin Forest Industry.
In consumption market, USA is the largest regional market for Arabinogalactan. Europe is the second consumption market of Arabinogalactan holding about 33% of global sales share.
In application, Arabinogalactan downstream is wide and recently Arabinogalactan has acquired increasing significance in fields of food & dietary supplements and pharmaceutical. In pharmaceutical industry Arabinogalactans are used in two directions: as an adjuvant and as an independent compound. Globally, the Arabinogalactan market is mainly driven by growing demand for food & dietary supplements which accounts for nearly 53% of total downstream consumption of Arabinogalactan. And according to type, Western Larch Source occupies a large part (about 95%) of the market and its market share is still increasing.
This report presents a comprehensive overview, market shares, and growth opportunities of Arabinogalactan market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Western Larch Source
Mongolian Larch Source
Segmentation by application
Food
Pharmaceutical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LONZA
Ametis JSC
Jilin Forest Industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global Arabinogalactan market?
What factors are driving Arabinogalactan market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Arabinogalactan market opportunities vary by end market size?
How does Arabinogalactan break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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