Inosinic acid is a purine nucleotides which has one phosphate group esterified to the sugar moiety and hypoxanthine as the base. Inosinic acid is the parent substance of two purine nucleotides, guanylic acid and adenylic acid which are a component of nucleic acid. Inosinic acid is nucleoside which is important in body metabolism. Inosinic acid is formed due to hydrolyzed produced inosinic and result in deamination of AMP. Inosinic acid is primarily present in animals and is commercially is prepared from bacterial fermentation or yeast as well as fish, meat, shellfish and can also be produced by bacterial fermentation of sugars. Primarily application of inosinic acid is used as a food additive and has high effectiveness as a flavor enhancer as well as to balance the taste of meat. The inosinic acid in the human body is degraded to uric acid. Thus, the occurrence of uric acid can lead to gout.
Inosinic acid provides more enhanced flavor in the application products and thus outperforms in the food additive market. This is the prime factor driving global inosinic market. Wide application in products such as protein powder, pharmaceutical drugs such as, antacid, analgesics, and sweetener in confectionary is driving the growth of the global inosinic market. Increase in the application of food products to enhance the intense flavor of the product which is difficult to achieve using organic acid is a potential factor for the growth of the global inosinic acid market. Moreover, application in products as a sweetener in the baked goods is growing the inosinic acid market. Increasing application of inosinic acid in pharmaceutical for cough syrup to enhance the sweetness of it is another potential factor that drives global inosinic acid market.
Moreover, the inosinic acid chemical structure is used to give energy to muscle during the workout to intensify physical performance and enhance intensity in athletes is another factor that drives the growth of the inosinic acid market. Owing to the production of inosinic acid is prepared from fish and meat act as a restrain to the consumer preferring vegan products. Moreover, inosinic acid is metabolized to purines and act as a threat to an individual suffering from gout.
The global inosinic acid market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America is estimated to hold relatively higher share in the global inosinic acid market. This is due to the presence of food industry which contributes a major share in the global food market. Thus, flavor enhancer plays most important role for players in the region. Moreover, the predominance of high growth in R&D, high consumer demand for enhanced flavor products and favorable government policies has led North America to dominate the overall inosinic acid market. The inosinic acid market in Canada is quite healthy owing to the consumer preference for quality food intake. Europe is estimated to grow at slow or stagnant CAGR.
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The unfavorable policies and regulatory authorities have banned the use of inosinic acid as a flavor enhancer in the food products. APEJ is estimated to witness high CAGR during the forecast period of the inosinic acid market. This is due to the demand from the region has increased for enhanced quality of food also growing application in baked product will seed the food industry players into a profitable inosinic acid market.