LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Glucuronolactone Category - Procurement Market Intelligence Report. Increasing usage of the glucuronolactone by the food and beverage industry as health supplements is accelerating the spend growth momentum for the glucuronolactone market. Moreover, glucuronolactone benefits such as improved physical and mental performance are also positively contributing towards the growth of the glucuronolactone market.
“Buyers are advised to ensure that the suppliers store glucuronolactone in the most appropriate conditions to preserve its shelf life,” says SpendEdge procurement expert Angad Singh. “They should also ensure that the suppliers maintain consistent product quality by implementing GMP at manufacturing facilities,” added Angad.
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The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the glucuronolactone market.
- Increasing usage of glucuronolactone as health supplements
- Functionality of glucuronolactone in treating medical conditions such as joint pains
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Report scope snapshot: Glucuronolactone market
Market Insights
- Regional spend dynamics
- Regional influence on global spend
- Regional spend opportunity for suppliers
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Category Pricing Insights
- Supplier cost structure
- Supply chain margins
- Overview of pricing models
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Category ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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