Global Aspartic Acid Market Size, Segmentation, Application Analysis, Trends, & forecast by 2029
Data Bridge Market
Research analyses that the aspartic acid market was valued at USD 93.15 million in 2021 and is expected to reach USD
150.72 million by 2029, registering a CAGR of 6.20% during the forecast period
of 2022 to 2029. In addition to the insights on market scenarios such as market
value, growth rate, segmentation, geographical coverage, and major players, the
market reports curated by the Data Bridge Market Research also include in-depth
expert analysis, geographically represented company-wise production and
capacity, network layouts of distributors and partners, detailed and updated
price trend analysis and deficit analysis of supply chain and demand.
Market Definition
Aspartic acid is a non-essential amino
acid which is generally known as asparaginic acid. Aspartic acid aids
in the functioning of nervous system and in the production and in the release
of hormones, it is also essential to assimilate, digest, and utilize magnesium
calcium and potassium aspartate. Aspartic acid is extremely found in the brain
and increases neurologic activity and it is also found in plants, animals, and
especially sugarcane and sugar beets.
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Global Aspartic Acid
Market Scope
The
aspartic acid market is segmented on the basis of form, application and end
use. The growth amongst these segments will help you analyze meagre growth
segments in the industries and provide the users with a valuable market
overview and market insights to help them make strategic decisions for
identifying core market applications.
Form
·
L-Aspartic Acid
·
D-Aspartic Acid
Application
·
Feed Supplements
·
Medicine
·
Polyaspartic Acid
·
Aspartame
·
L-Alanine
·
Others
End Use
·
Food and Beverage
Industries
·
Bakeries
·
Confectioneries
·
Drink Mix
·
Jams
·
Chocolates
·
Jellies
·
Dairy Products
·
Pharmaceutical
Industries
·
Dietary Supplements
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Competitive Landscape
and Aspartic Acid Market Share Analysis
The
aspartic acid market competitive landscape provides details by competitor.
Details included are company overview, company financials, revenue generated,
market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies' focus related to aspartic acid market.
Some
of the major players operating in the aspartic acid market are:
·
Evonik Industries AG
(Germany)
·
Ajinomoto Co., Inc
(Japan)
·
DSM (Netherlands)
·
Iris Biotech GMBH
(Germany)
·
KYOWA HAKKO BIO CO.,
LTD. (Japan)
·
Peptech Biosciences
Ltd. (U.S.)
·
ChemPep Inc. (U.S.)
·
Anaspec Inc. (U.S.)
·
Tocris Bioscience
(U.S.)
·
TCI Chemicals (India)
Pvt. Ltd. (India)
·
Aditya Chemicals
(India)
·
Anhui Huaheng
Biotechnology Co. (China)
·
Senova Technology Co.
Ltd. (China)
Aspartic Acid Market Regional Analysis/Insights
The aspartic acid market is
analysed and market size insights and trends are provided by country form,
application and end use as referenced above.
The countries covered in the aspartic acid market report are
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands,
Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe,
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and
Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and
Rest of South America as part of South America.
North America dominates the aspartic acid market in terms of
revenue and market share. This is due to growing demand of artificial sweetener
and growing consumer awareness in this region
Asia-Pacific is expected to be the fastest developing region
during the forecast period of 2022-2029 due to growing sweeteners demand from
carbonated beverages mainly in India and China in this region.
TOC Of The Report :
·
Chapter One: Introduction
·
Chapter Two: Market
Segmentation
·
Chapter Three: Market
Overview
·
Chapter Four: Executive
Summary
·
Chapter Five: Premium
Insights
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the Report@ https://www.databridgemarketresearch.com/toc/?dbmr=global-aspartic-acid-market
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