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Pyruvic Acid Market Size, Share Global Outlook and Forecast 2023-2029

Writer's picture: krish mundekrish munde

The global Pyruvic Acid market was valued at US$ 48 million in 2022 and is projected to reach US$ 65 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Pyruvic acid is a alpha-keto acid with a carboxylic acid and a ketone functional group. It is a colorless liquid that is represented chemically as C3H4O3, while pyruvate (the conjugate base, CH3COCOO?) is a key intermediate in several metabolic pathways.


This report aims to provide a comprehensive presentation of the global market for Pyruvic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pyruvic Acid. This report contains market size and forecasts of Pyruvic Acid in global, including the following market information:


  • Global Pyruvic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Pyruvic Acid Market Sales, 2018-2023, 2024-2029, (MT)

  • Global top five Pyruvic Acid companies in 2022 (%)


Global Pyruvic Acid key players include Musashino, Tianjin Shengdao Technology, Minakem, etc. Global top three manufacturers hold a share about 50%.

Japan is the largest market, with a share about 45%, followed by China, and Europe, both have a share about 45 percent.

In terms of product, Chemical Synthesis is the largest segment, with a share over 85%. And in terms of application, the largest application is Pharmaceuticals, followed by Daily Chemicals, Food Additives, etc.

We surveyed the Pyruvic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Pyruvic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Pyruvic Acid Market Segment Percentages, by Type, 2022 (%)


  • Chemical Synthesis

  • Bio Synthesis


Global Pyruvic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Pyruvic Acid Market Segment Percentages, by Application, 2022 (%)


  • Pharmaceuticals

  • Daily Chemicals

  • Food Additives

  • Others


Global Pyruvic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Pyruvic Acid Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Pyruvic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Pyruvic Acid revenues share in global market, 2022 (%)

  • Key companies Pyruvic Acid sales in global market, 2018-2023 (Estimated), (MT)

  • Key companies Pyruvic Acid sales share in global market, 2022 (%)

key players include:


  • Musashino

  • Toray

  • Minakem

  • Tianjin Shengdao Technology

  • Shanghai Jinli Bio-tech

  • Zhoucun Dongfang Chemical

  • Fleurchem


Outline of Major Chapters:

Chapter 1: Introduces the definition of Pyruvic Acid, market overview.

Chapter 2: Global Pyruvic Acid market size in revenue and volume.

Chapter 3: Detailed analysis of Pyruvic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Pyruvic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Pyruvic Acid capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Pyruvic Acid Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Pyruvic Acid Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Pyruvic Acid Overall Market Size 2.1 Global Pyruvic Acid Market Size: 2022 VS 2029 2.2 Global Pyruvic Acid Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Pyruvic Acid Sales: 2018-2029 3 Company Landscape 3.1 Top Pyruvic Acid Players in Global Market 3.2 Top Global Pyruvic Acid Companies Ranked by Revenue 3.3 Global Pyruvic Acid Revenue by Companies 3.4 Global Pyruvic Acid Sales by Companies 3.5 Global Pyruvic Acid Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Pyruvic Acid Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Pyruvic Acid Product Type 3.8 Tier 1, Tier 2 and Tier 3 Pyruvic Acid Players in Global Market 3.8.1 List of Global Tier 1 Pyruvic Acid Companies 3.8.2 List of Global Tier 2 and Tier 3 Pyruvic Acid Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Pyruvic Acid Market Size Markets, 2022 & 2029 4.1.2 Chemical Synthesis 4.1.3 Bio Synthesis 4.2 By Type

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