"Global Inositol Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027" is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global inositol market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global inositol market report has been segmented on the basis of form, application, and region.
Inositol is a vitamin-like substance. It is found in various plants and in animal’s body. It is also produced in the human body and can be made in a laboratory. Inositol is important for human body in various ways. It is essential in a process of building cell membranes and also acts as a secondary messenger in a central nervous system. Inositol is also effective against certain types of mental illness. Inositol supplements are widely available in two forms powder and capsules. Its consumption is safe through supplement particularly in smaller doses. It also helps to balance certain chemicals in the body in order to help with mental conditions such as panic disorder, depression, and obsessive-compulsive disorder.
Increasing demand for products with inositol content among women suffering from polycystic ovarian syndrome in the developed and developing countries is a major factor expected to drive growth of global inositol market. In addition, changing consumption pattern and consumer inclination towards healthy diet food is resulting in growing demand for food & beverage products with inositol content, which is another factor expected to support growth of the global market to certain extent.
Moreover, increasing demand from pharmaceutical sector for medicine preparation that aids in treatment of neonatal respiratory distress syndrome in infants is another factor expected to support growth of the market in the near future. Furthermore, manufacturers and researchers approach towards increasing use of inositol in cancer medicine preparation is another factor expected to further support growth of the market in near future.
However, high consumption of inositol is resulting in various side effects on human health such as include mild gastrointestinal distress, nausea, tiredness, headache, and dizziness is a major factor expected to hamper growth of the global market to certain extent.
Increasing investment for R&D activities by major players for novel products offerings is expected to create new opportunities in terms of revenue for player operating in the target market over the forecast period. In addition, increasing research activities for development of innovative product that will aid in reducing dysphoria and depression associated with PMS is expected to further boost growth of the market.
The market on North America is expected to dominate the global inositol market and is expected to continue its dominance over the forecast period. The dominance can be attributed to increasing demand from food & healthcare sector and presence of major player operating in countries in this region. The market in Asia Pacific is expected to witness faster growth, owing to growing pharmaceutical sector and increasing government spending on healthcare sector. In addition, presence of regional player operating in the countries offering innovative products is expected to further boost growth of the market in this region. Europe is expected to contribute significant revenue share in the global market.
Global Inositol Market Segmentation:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- AstaReal Holdings Co. Ltd
- Beijing Ginko Group
- Holland & Barrett Retail Limited
- JXTG Group
- Koninklijke Dsm NV
- Piveg Inc.
- Valensa International
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