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Latest Industry Research On Aspartic Acid Market Forecast 2017 – 2024

Author: Deepali Warkhedkar
by Deepali Warkhedkar
Posted: Nov 17, 2017

Aspartic Acid Market size may have positive growth in future owing to growing application scope as artificial sweetener, medicine and biodegradable polymer. It is available in substantial quantity in brain and helps in enhancing neurological activity

Asia Pacific led by Japan, India, and China aspartic acid market accounts for maximum market share and may witness steady growth. Increasing foreign investment in energy generation sector has positive impact on boiler, heat exchanger and cooling tower along with government initiatives may favour product demand in this region

It is also known as aspartate and main acid source is oat flakes, lentil, sugarcane, chickpeas, soya beans, asparagus, oyster, sausage meat and dietary supplements. It is available in two form D-aspartic and L-aspartic acid. D-aspartic acid is available in nature, whereas L-aspartic acid used in industry is directly incorporated into proteins. Aspartic acid is an alpha amino acid used in protein biosynthesis. It contains carboxylic acid and alpha amino group protonated in –NH+ form.

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Aspartic acid strong application in medical science to cure various human ailments. Pharmaceutical industry was valued at over USD 650 million in 2016. L-aspartate generates cellular energy to treat depression, fatigue and promotes robust metabolism. Aspartate based medicine increases nicotinamide adenine dinucleotide (NADH) molecules and keeps brain sharper. It also removes excess ammonia from nervous system & liver and improves proper human body function.

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D-aspartic acid boosts testosterone levels which improves protein production and lean muscle mass development. Testosterone promotes muscle tissue breakdown and reduces abdominal fat. Global dietary supplement market was valued at over USD 125 billion in 2016 owing to increasing geriatric population along with rising health and wellness products demand to maintain better health routines. Sports supplements are consumed to enhance health & fitness, muscle growth and athletic performance.

Poly-aspartic acid is used as chelating agent and prevents corrosion problem. The chelating agent prevents calcium carbonate, calcium sulphate, magnesium carbonate, magnesium sulphate and calcium phosphate deposition. It inhibits scale formation in cooling tower, improves cooling capacity and maintains electricity consumption. Similarly, it avoids scaling & salt deposition in heat exchanger and boiler thereby improving their heating efficiency. The reverse osmosis membrane in desalination plants are protected from calcium & magnesium scaling in turn increases membrane life and maintain energy utilisation.

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North America, driven by Canada and the U.S. aspartic acid market size may grow significantly owing to shift in consumer preference from traditional sugar consumption to artificial sweeteners in packaged food & beverage industry. Rise in convenience food and sports supplement consumption may drive regional market.

Europe driven by UK, France & Germany aspartic acid market may experience significant gains. Increase in RTE food demand, rise in energy drink consumption and growing health concerns regarding diseases such as diabetics and cancer has driven artificial sweetener market. Rise in working women population along with growing health concern has surged female hygiene products demand thereby driving regional growth.

Regionally, Global Market Insights, Inc.’s Aspartic Acid market research has the most in-depth, country focused estimates and forecasts for decision makers across the globe. An exhaustive list of company profiles for organizations active in the Aspartic Acid market supports the regional analysis and information offering a competitive outlook on the industry. For each segment analyzed in this research, whether it is by product, application, material or end-use, a regional overview with historical data and Aspartic Acid market forecast is provided to the reader. Such a cross-segmentation research analysis is also unique to reports by Global Market Insights, Inc.

Global aspartic acid market share is fragmented. Major industry participants in this market are Prinova Group, Tocris Bioscience, Ajinomoto Co., Biotech GmbH and Chem Pep.

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Author: Deepali Warkhedkar

Deepali Warkhedkar

Member since: Nov 13, 2017
Published articles: 108

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