The Pyruvic Acid Market has encountered significant development in the recent years and is anticipated to grow tremendously over the forecast period. Pyruvic acid is the most simple of the alpha-keto acids, with a carboxylic acid and a ketone functional group. Pyruvate, the conjugate base, is a critical intermediate in several metabolic pathways. Pyruvic acid can be produced using glucose through glycolysis, changed over back to carbohydrates, for example, glucose by means of gluconeogenesis, or to fatty acids through a response with acetyl-CoA. It can likewise be used to develop the amino acid alanine and can be changed over into ethanol or lactic acid by means of fermentation. Pyruvic acid provides energy to cells through the citrus acid cycle when oxygen is present, and alternatively ferments to create lactate when oxygen is deficient.
Drivers and Restraints
One of the major aspects driving the market is the application of Pyruvic Acid for weight loss. The growing obese population in developing countries is a critical driver for the market. Moreover, rising awareness among people regarding its benefits have increased the development of the market. It is also identified adverse events associated with pyruvate such as bloating, diarrhea, gas, and increase in low-density lipoprotein (LDL) cholesterol. It is known to be widely used as food additive in the food and beverage industry.
Market Segmentation
The Pyruvic Acid Market is segmented on the basis of product, end user and regions. On the basis of product the market is segmented into Bio Synthesis and Chemical Synthesis. Based on end user the market is segmented into Daily Chemicals, Pharmaceuticals and Food Additives out of which the Pharmaceutical sector is leading trailed by Food Additives. Geographically, the market is segmented into North America, Europe, Asia Pacific, South America and Rest of the world.
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