Vantage Market Research
Dec 26, 2022
In terms of revenue, the Global L-Alanine Market is expected to reach USD183.3 Million by 2028, growing at a CAGR (Compound Annual Growth Rate) of 5.10% from 2022 to 2028.
L-Alanine has a distinctive capability from the rest of the amino acids. As amino acids are essential in improving one’s overall health, L-Alanine, like other amino acids, assists in maintaining muscle nutrition as well as keeping an individual’s energy levels high. In addition, this amino acid is crucial in keeping up blood sugar levels that other amino acids cannot. It also develops one’s immune system, protecting the kidney and prostate. Moreover, L-Alanine has various other advantages such as supporting the immune system, reducing cholesterol, the potential to block kidney stones by neutralizing insoluble toxins that cause kidney stones, and safety against the prostate enlargement caused by alanine’s presence in prostate fluid. As a result, it aids in inhibiting prostate cancer cell metabolism. Such benefits contribute significantly to their booming demand, fuelling the global L-Alanine market expansion.
Key Highlights from Report
· Among Types, the Food Grade segment is anticipated to dominate the L-Alanine market with the highest market share during the forecast period. This is because amino acid is broadly utilized in synthesizing and producing varied food items.
· By Applications, the Nutrition segment accounted for the highest CAGR in the forecast period. This growth is driven by its capability to make proteins after the tryptophan and vitamin B-6 synthesis that is vital for muscles and the overall body.
· Geographically, North America held the largest market share in 2021 and is likely to be the most profitable market in the coming years. This surge is because of this region's high demand for pharmaceutical-grade L-Alanine.
Market Dynamics
The global L-Alanine market growth can be attributable to significant factors such as the utility of L-Alanine because it sees usage as a food additive, an ingredient in infusion solutions, and an antecedent in chemical and pharmaceutical products. Also, it assists in the treatment of diabetes since it allows the body to use glucose; along with that, it helps in preventing low blood sugar. Moreover, L-Alanine aids in tryptophan synthesis, an amino acid our body can’t naturally make. Therefore, it can direct to a long chain of problems. If not for tryptophan, our bodies can’t make serotonin, and with no serotonin, people might get health issues like insomnia, depression, and mood swings. This will likely fuel the demand and boost the L-Alanine market.
L-Alanine facilitates pyridoxine synthesis, which is a chemical name for vitamin B-6. Vitamin B-6 is naturally found in poultry, nuts, bananas, avocados, and whole grains. A lack of vitamin B-6 might direct to seizures in young kids and can lead to anemia. Furthermore, Cells can directly absorb L-Alanine, which lets consumers rapidly encourage the spirit and restore fatigue. Therefore, it is gaining massive popularity in the nutritional supplement industry. Also, the amino acid is utilized in different countries as a flavor enhancer. All these factors will probably create new prospects for the L-Alanine market players in the coming years.
North America L-Alanine market is anticipated to witness influential market growth with the highest CAGR during the forecast period. The region’s market growth can be attributable to the increased demand for different food additives from the escalating food & beverage sectors. In addition, the presence of foremost L-Alanine companies also contributes to this regional market. Moreover, the increase in demand for pharmaceutical-grade L-Alanine from nations such as India, China, Taiwan, South Korea, and Japan is expected to fuel the market development in North America in the future.
The Global L-Alanine Market is Segmented as follows
- Types
- Industrial Grade
- Food Grade
- Pharmaceutical Grade
- Applications
- Nutrition
- Pharmaceutical
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
List of the Key Players of the Global L-Alanine Market is
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 Global L-Alanine Market Scope can be Tabulated as below
Parameter | Details |
---|---|
Market Size Provided for Years | 2017 - 2030 |
Base Year | 2022 |
Historic Years | 2017 - 2021 |
Forecast Years | 2023 - 2030 |
Segments Covered |
|
Regions & Counties Covered |
|
Companies Covered |
|
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 |