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.
Dietary supplements are high in demand due to the awareness and acceptance of these supplements among consumers. Dietary supplements are available in several forms such as powders, meal and capsules supplements. Aspartic acid helps in increasing testosterone levels and muscle mass and increase strength in men. The growing population is anticipated to be a major factor for the demand of food and dietary supplement and will also have a higher demand in the fitness sector which are expected to drive the growth rate of the aspartic acid market.
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Scope of the Aspartic Acid Market Report:
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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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 analyzed and market size insights and trends are provided by country, material type, end user and application 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, Israel, Egypt, South Africa, 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.
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