Market Share of Gluconic Acid and Derivatives Industry
The market has key players competing for the major market share, while small regional players dominate the market share, who are focused on investing and expanding their presence. Roquette, Evonik, Merck, and Jungbunzlauer are a few major players that have local, as well as a global presence. Some of the players have been expanding their geographical presence by acquiring manufacturers in foreign markets. The Tokyo Chemical Industry, for instance, has increased its presence, globally, over a decade. Chinese exports form a major share of the market, because of which, Chinese manufacturers have a high market presence even outside the country.
Gluconic Acid & Derivative Market Leaders
Merck KGaA
Tokyo Chemical Industry Co., Ltd
Shandong Xinhong Pharmaceutical Co., Ltd.
Roquette Frères
Jungbunzlauer Suisse AG
*Disclaimer: Major Players sorted in no particular order
