Los Angeles, CA -- (SBWIRE) -- 12/10/2019 -- QY Research has announced the release of a new report on the global L-fucose market. Bearing the title "Global L-Fucose Market Insights, Forecast to 2025," the report provides in-depth analysis of the global L-fucose market. As per the report, the global L-fucose market is expected to reach a value of above US$13.5 Mn by the end of 2025 as it grows at a moderate CAGR of 5.95% between 2019 and 2025. In 2018, the global market value touched over US$9.0 Mn.
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Use of L-fucose in Certain Anticarcinogenic Drugs Likely to Create Opportunities in Global Market
Rare sugar L-fucose could find application in anti-inflammatory and anticarcinogenic drugs. In the cosmetics industry, it could be used as an anti-aging additive as well as a hydrating additive. Furthermore, fucose containing extracellular polysaccharides (EPS) could be largely used in skin care cosmetic formulations. Some types of EPS rich in rare sugars such as L-fucose have excellent emulsifying, gelling, and thickening properties. They could also be used as a source of rare sugar monosaccharides. Few fucose-rich EPS may have potential application in oil drilling fluids, biodegradable packaging films, drug delivery systems, and emulsion-based cosmetics.
Application of Cosmetic Grade L-fucose in Cosmeceuticals Anticipated to Benefit Market
The global L-fucose market is segmented into cosmetic additive, nutritional supplement additive, food additive, pharmaceutical additive, and others on the basis of application. L-fucose could be used as a skin moisturizing agent in cosmeceuticals. The analysts authoring the report have also provided exhaustive analysis of key type segments of the global L-fucose market, such as food grade, cosmetic grade, and pharmaceutical grade. Each type and application segment included in the report is studied in great detail based on market share, growth rate, and other parameters.
North America Market Predicted to Gain from High Demand for Nutritional Supplements
North America and Europe are predicted to exhibit decent growth in the global L-fucose market due to high demand for food additives and nutritional supplements. Impressive growth of the skin care cosmetics industry positively impacted by increased innovation could be another factor strengthening the demand for L-fucose in these regions. Asia Pacific is another region anticipated to create opportunities for L-fucose companies as the demand for pharmaceuticals continues to grow. L?fucose and L?fucose containing oligosaccharides have different applications in the medical industry.
Companies Expected to Give More Importance to Research and Development in Future
The report provides a detailed study on the competitive landscape and key players of the global L-fucose market such as DuPont, Alfa Aesar, Iris Biotech, Jennewein Biotechnologie, Ardilla Technologies, Sisco Research Laboratories, Vector Laboratories, GlycoMatrix, MAK Wood, and Sigma-Aldrich. Players are anticipated to focus on research and development to launch improved and better quality products in the global L-fucose market. The report sheds light on key trends of the competition in the global L-fucose market. It also offers comprehensive analysis of emerging players and market entry situations.
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