Global Pyruvic Acid Market

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.

This industry report offers market estimates of the global market, followed by a detailed analysis of the process, application, and region. The global market data on 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).

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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Global Pyruvic Acid Market

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Global Pyruvic Acid Market - Report Scope
REPORT ATTRIBUTE

DETAILS

Base Year

2021

Forecast Year

2022-2028

CAGR (2022-2028)

4.1%

Pages

20

Key Players

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.

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