A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Aspartic
Acid
Market. The
study, titled “Aspartic
Acid Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Aspartic
acid is a non essential amino acid commonly known as asparaginic
acid. The human body is capable of producing aspartic acid without
the intake of any food containing aspartic acid. Aspartic acid
primarily helps in the release and production of hormones and also,
in the functioning of the nervous system. Aspartic acid is essential
to assimilate, digest, and utilize calcium, potassium, and magnesium
aspartate. Aspartic acid is found in the highest quantities in the
brain and has been found to increase neurologic activity. Aspartic
acid is commonly found in animals and plants, especially in sugarcane
and sugar beets. The common plant source of aspartic acid is legumes
such as soybeans, chickpeas, and lentils.
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Market Research Report @
The
common animal source of aspartic acid includes beef, eggs, salmon,
and shrimp. Aspartic acid can be manufactured through enzymatic
conversion, protein extraction, chemical synthesis, and fermentation.
One of the key applications of aspartic acid is the synthesis of
polyaspartic acid as polyaspartic acid is a water soluble and
biodegradable amino acid. Therefore, polyaspartic acid has the
potential to replace non-biodegradable amino acids. The increasing
demand for biodegradable products is expected to drive the global
demand of aspartic acid in the years to come.
The
major application of aspartic acid is in the manufacturing of
polyaspartic acid. Polyaspartic acid is used in industrial
applications such as petroleum exploration and water treatment among
others. Aspartic acid is used in the production of a non-saccharide
sweetener, commonly known as aspartame. Aspartame is commonly used as
an artificial sweetener, and finds various applications in the food
and beverages industry. Aspartame is mostly used in beverages, bakery
products, fruit-based products, syrups, and cereals among others.
Other applications of aspartic acid include medicine which is one of
the key prospects expected to grow in the next few years. Doctors
consider aspartic acid for treating depression and immune function.
Furthermore, aspartic acid helps the human body to resist fatigue,
and aids in liver detoxification from drugs and chemicals.
Based
on the application of aspartic acid, North America is expected to
lead the global market during the forecast period. The primary reason
for this is the increasing demand of packaged food and high use of
sweeteners in the food and beverage industry. Furthermore, the health
conscious population prefers sweeteners over traditional sugar, which
is majorly driving the market to produce aspartame. Besides, the
beverages account for a widespread use of aspartame which is largely
consumed in the North America region. After North America, Europe is
the second largest market for aspartic acid due to increasing demand
of ready-to-eat food, and the high demand of beverages in this
region. Technology advancement in both North America and Europe is a
crucial factor responsible driving the global aspartic acid market.
Furthermore, the existence of favorable government policies in North
America and Europe region for manufacturing biodegradable products
would boost the aspartic acid market. Besides, Asia Pacific is
anticipated to play a vital role in the aspartic acid market. The
reason behind this is attributed to the increasing population, rising
disposable income, and growing health consciousness among the
population that would help to grow the demand of aspartic acid.
Furthermore, the enhanced medical applications of aspartic acid would
help to grow the market in the next few years.
The
major companies operating in the global aspartic acid market include
Royal DSM, Tocris Bioscience Co., Ajinomoto Co. Inc., Evonik
Industries, Prinova Group LLC, Iris Biotech GmbH, Anaspec Inc.,
ChemPep Inc., and PepTech Corporation.
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accurate market forecast and analysis on the Aspartic Acid market.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth insights, understanding market evolution by tracking
historical developments, and analyzing the present scenario and
future projections based on optimistic and likely scenarios. Each
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology developments, types, applications, and the
competitive landscape.
The
study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
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Us
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