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L-alanine Market

L-Alanine Market

L-Alanine Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

147

Base Year:

2022

Date

Dec - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1949

Segments Covered
  • By Types By Types Industrial Grade, Food Grade, Pharmaceutical Grade
  • By Applications By Applications Nutrition, Pharmaceutical
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 141.88 Million
Revenue 2030Revenue 2030: USD 211.24 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 5.10%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
L-Alanine Market Share

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The L-Alanine Market is being driven by a number of factors, including the increasing demand for amino acids, the growing supplement market, and the increasing popularity of vegan and vegetarian diets. L-Alanine is an amino acid that is used by the body to create proteins. It is one of the most important amino acids for the human body, and it is used in a variety of medical and industrial applications. The demand for L-Alanine has been increasing in recent years due to its numerous benefits. L-Alanine is essential for the synthesis of proteins in the body. It helps to build and repair muscle tissue, and it is also involved in the production of enzymes and hormones. It also plays a role in glucose metabolism, and it can help to regulate blood sugar levels. In addition, L-Alanine has been shown to have anti-inflammatory properties. The demand for L-Alanine has been driven by its use in a variety of medical applications. L-Alanine has been used to treat patients with liver disease, diabetes, and obesity. It has also been used to boost the immune system and improve wound healing. Additionally, its supplements have been shown to be effective in treating Alzheimer's disease and other forms of dementia. The industrial uses of L-Alanine have also contributed to the increase in demand for this amino acid. L-Alanine is used as a component of food additives, cosmetics, and pharmaceuticals. It is also used in the production of biodegradable plastics.

The significant demand for amino acids has been driven by their use in the food, pharmaceutical, and cosmetics industries. The essentiality of amino acids in human nutrition and the ever-growing population are the two main factors that have resulted in the increased demand for amino acids. The rise in chronic diseases and the need for better therapeutics have also led to an increased demand for amino acids. Amino acids are demanded in several applications in the food industry such as bakery, confectionery, dairy, beverage, infant formula, animal feed, and sports nutrition. They are used as emulsifiers, flavor enhancers, texturizers, colorants, antioxidants, preservatives, and moisture-retaining agents. In pharmaceuticals, they are used in the manufacture of vitamins, hormones & enzymes preparations. Amino acids find widespread application in cosmetics as well where they serve as cleansing agents and skin conditioners. The growing health consciousness among people and the rising trend of preferring healthy & functional foods over fast foods rich in calories & fats are expected to result in increased demand for amino acid-based products.

L-Alanine Market Size, 2022 To 2030 (USD Million)

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The increase in popularity of vegan and vegetarian diets has been a driving force behind the L-Alanine Market. This amino acid is a key component of many plant-based proteins, and as such, demand for it has increased as more people look to adopt these diets. Vegan and vegetarian diets are often rich in L-Alanine, as it is found in many legumes, grains, and nuts. These foods are packed with nutrients that are essential for good health, making them an attractive option for those looking to improve their diet.L-Alanine is also a popular supplement for those who follow these diets. It can be added to shakes and smoothies to boost protein intake, or taken on its own to help meet daily needs. With more people searching for ways to live healthier lives, the demand for L-Alanine is expected to continue to rise. This trend is good news for the market, as it provides ample opportunities for growth in the coming years.

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In spite of the numerous applications of L-Alanine, the market is restrained by some factors. One of the key restraints of the L-Alanine Market is the high cost of production. L-Alanine is produced via the Strecker synthesis, which uses cyanide as a reagent. The use of cyanide in the production process makes L-Alanine significantly more expensive to produce than other amino acids.The high cost of production has limited the growth of the L-Alanine Market, as many customers are unwilling to pay the premium price for the amino acid. In addition, the high cost of production makes it difficult for new entrants to compete in the market. As a result, the L-Alanine Market is relatively consolidated, with a few large players accounting for a significant share of total sales. The L-Alanine Market is also facing a key restraint in the form of limited availability of raw materials. This is due to the fact that L-Alanine is derived from plant and animal sources, which are becoming increasingly scarce. As a result, the price of L-Alanine has been rising steadily, making it difficult for manufacturers to keep up with demand. This shortage of raw materials is expected to continue in the future, as the world's population continues to grow and put a strain on resources. This will likely lead to further price hikes for L-Alanine, making it even more difficult for manufacturers to meet demand.

Top Market Trends

The following are some of the top L-Alanine Market trends:

1. The demand for L-Alanine supplements is increasing at a rapid pace. This is due to the fact that more people are becoming aware of the potential health benefits of this amino acid.

2. The rising demand for sports nutrition products and functional foods is one of the major factors driving the growth of the L-Alanine Market. Additionally, the growing awareness about the health benefits of L-Alanine is also fueling market growth. However, the high cost of raw materials is restraining the market growth. Sports drinks are becoming increasingly popular amongst athletes and fitness enthusiasts. They often contain high levels of electrolytes and carbohydrates, as well as amino acids like L-Alanine, which help to replenish energy levels and reduce muscle fatigue during exercise.

3. The price of L-Alanine supplements has been on the rise in recent years. This is due to the increasing demand for these products.

4. The Asia Pacific region is expected to be the fastest-growing market for L-Alanine, due to the growing demand from China and India. North America is also expected to witness significant growth, due to the rising demand from the United States and Canada.

5. The market for L-Alanine supplements is expected to continue growing at a rapid pace in the coming years. This is due to the increasing popularity of these products and the continued expansion of the health supplement industry.

6. Increasing demand for energy drinks: Energy drink sales have been growing rapidly in recent years, driven by the busy lifestyles of consumers and the need for an extra boost of energy. Many of these drinks contain high levels of L-Alanine, which helps to provide a sustained source of energy.

7. Increasing Health Awareness Among Consumers: There is an increasing awareness among consumers about the importance of maintaining good health. This has resulted in a growing demand for nutritional supplements such as L-Alanine, which help improve overall health.

Market Segmentation

The L-Alanine Market is segmented based on Product Type, Applications, and Region. On the basis of Product Types, the market is segmented into Industrial Grade, Food Grade and Pharmaceutical Grade. Based on Applications, the market is segmented into Nutrition and Pharmaceutical. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Based on Product Types

Food grade segment dominated the L-Alanine Market in 2022 and is expected to continue at a similar pace in the forecast period. Food-grade L-Alanine is widely used as a dietary supplement and as a flavoring agent in a variety of food and beverage products. Pharmaceutical grade L-Alanine is used in the manufacture of a variety of drugs and other medical products. In terms of market value, food-grade L-Alanine accounted for the largest share of the Global L-Alanine Market in 2021. The dominance of this segment is attributed to the growing use of L-Alanine as a dietary supplement and as a food additive. The demand for food-grade L-Alanine is expected to continue to grow at a healthy rate over the forecast period. The pharmaceutical-grade segment is expected to be the fastest-growing segment of the Global L-Alanine Market over the forecast period. The growth of this segment is driven by the increasing use of L-Alanine in drug manufacturing.

L-Alanine is an amino acid that is commonly used in dietary supplements and food products. The majority of L-Alanine is produced via the fermentation of glucose or mannitol. L-Alanine can also be synthesized from pyruvate or α-ketoglutarate. L-Alanine is a nutritionally essential amino acid in humans and other animals. It is one of the few amino acids that are not recycled by the liver and must be obtained through diet or supplementation. L-Alanine is involved in a variety of biological processes, including muscle protein synthesis, glucose metabolism, and neurotransmitter synthesis. L-Alanine is widely available in food sources, such as meat, poultry, fish, milk, eggs, and vegetables. Dietary supplements containing L-Alanine are also available. The majority of the L-Alanine Market is dominated by the food-grade segment. This segment includes L-Alanine which is used as a food additive or ingredient in various food products. L-Alanine has many applications in the food industry due to its unique flavor profile and nutritional benefits. For example, L-Alanine can be used as a flavoring agent in sports drinks, energy bars, and protein powders. Additionally, L-Alanine can help improve the texture and mouthfeel of baked goods such as breads and cookies.

Based on Applications

The nutrition segment is anticipated to grow at a higher CAGR during the forecast period. This is due to an increase in demand for functional foods and a rise in awareness about the benefits of protein supplements among consumers. The pharmaceutical segment includes the use of L-Alanine as an ingredient in drugs for the treatment of various diseases such as Alzheimer's, Parkinson's, Huntington's, and schizophrenia. L-Alanine is sold as a dietary supplement and is also used in some over the counter (OTC) and prescription medications. It has a variety of uses, including treating diabetes, controlling cholesterol, improving athletic performance, and boosting the immune system. The majority of L-Alanine on the market is used in nutritional supplements. This segment of the market is expected to grow due to the increasing popularity of health and fitness programs that recommend amino acids for muscle development and recovery. Some popular sports nutrition brands that sell products containing L-Alanine include Optimum Nutrition, MusclePharm, and USPlabs. In recent years, there has been an increase in the use of L-Alanine in pharmaceuticals. This growth can be attributed to its effects on blood sugar levels and cholesterol. Additionally, L-Alanine has shown promise in treating certain types of cancer. As a result of these findings, several major pharmaceutical companies are currently researching ways to incorporate L-Alanine into new drugs or to develop it as a stand-alone treatment option.

Based on Region

As of 2021, North America held the dominant share in the Global L-Alanine Market and is projected to maintain its position over the forecast period. The region’s dominance can be attributed to the growing demand for L-Alanine from the food and beverage industry. In addition, the rise in disposable incomes and changing lifestyle patterns have resulted in increased spending on health and fitness products, which is further propelling the growth of the L-Alanine Market in North America. The high demand for L-Alanine from the food and beverage industry is the major factor driving the growth of the L-Alanine Market in North America. The United States and Canada are key markets for L-Alanine in North America due to the presence of large food and beverage companies such as General Mills, Inc., Archer Daniels Midland Company, Cargill, Inc., and Ingredion Incorporated. The Asia Pacific region is expected to witness the highest growth rate over the forecast period, owing to the rapidly growing economies of India and China. The food and beverage industry in these countries is also witnessing significant growth, which is expected to drive the demand for L-Alanine over the coming years. Moreover, rising awareness about the health benefits of L-Alanine is expected to boost its sales in this region. The Middle East & Africa and Latin America are also expected to witness significant growth in their respective markets for L-Alanine over the coming years.

Competitive Landscape

The key players in the Global L-Alanine Market include- Evonik Industries (Germany), Ajinomoto (Japan), Kyowa Hakko (Japan), Huaheng, SINOGEL Amino Acid Co. Ltd. (China), Huayang (Malaysia), Jiecheng (Hong Kong), Yabang (China), Huaibei Yuanye (China), Evonik Rexim (Nanning), Shiyuan, WuXi JingHai (China) and others.

Recent Market Development

● DMC BioTech and Conagen Inc. released their first commercial L-Alanine-based product in June 2021. The fermentation process developed by DMC could make it economically viable to produce l- alanine. It will function as part of a more sustainable and reliable regional supply chain. With this collaboration, DMC's bioprocess technology may be combined with Conagen's production know-how. The latter would be followed by a demonstration of industrial-scale production by the former. The business offers a diverse range of products, including novel amino acids that will be released to consumers in the near future. To better serve its customers, DMC can now create its products in a more environmentally friendly and cost-effective manner.

Segmentation of the Global L-Alanine Market

Parameter Details
Segments Covered

By Types

  • Industrial Grade
  • Food Grade
  • Pharmaceutical Grade

By Applications

  • Nutrition
  • Pharmaceutical

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Evonik Industries (Germany)
  • Ajinomoto (Japan)
  • Kyowa Hakko (Japan)
  • Huaheng
  • SINOGEL Amino Acid Co. Ltd. (China)
  • Huayang (Malaysia)
  • Jiecheng (Hong Kong)
  • Yabang (China)
  • Huaibei Yuanye (China)
  • Evonik Rexim (Nanning)
  • Shiyuan
  • WuXi JingHai (China)
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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FAQ
Frequently Asked Question
  • The global L-Alanine valued at USD 141.88 Million in 2022 and is expected to reach USD 211.24 Million in 2030 growing at a CAGR of 5.10%.

  • The prominent players in the market are Evonik Industries (Germany), Ajinomoto (Japan), Kyowa Hakko (Japan), Huaheng, SINOGEL Amino Acid Co. Ltd. (China), Huayang (Malaysia), Jiecheng (Hong Kong), Yabang (China), Huaibei Yuanye (China), Evonik Rexim (Nanning), Shiyuan, WuXi JingHai (China).

  • The market is project to grow at a CAGR of 5.10% between 2023 and 2030.

  • The driving factors of the L-Alanine include

    • Rising demand for nutritional products

  • North America was the leading regional segment of the L-Alanine in 2022.