United States Aspartic Acid Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.22 Billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030.
The US Aspartic Acid Market has witnessed significant growth in recent years, driven by the increasing demand for this amino acid in various industries. Aspartic acid, a non-essential amino acid, plays a vital role in the synthesis of proteins and is found in food, beverages, and supplements. The market for aspartic acid is being influenced by a variety of industries, particularly in food and beverage, pharmaceuticals, and nutraceuticals, all of which require this amino acid for different applications.
The food and beverage industry is one of the primary drivers of the aspartic acid market. Aspartic acid is commonly used as a flavor enhancer and is also a building block for many synthetic sweeteners like aspartame. This has led to a surge in demand for aspartic acid in the production of low-calorie and sugar-free food products. The increasing consumer preference for healthier alternatives to sugar, as well as the growing awareness of obesity and diabetes, has significantly boosted the need for aspartic acid in this sector.
In the pharmaceutical and nutraceutical industries, aspartic acid is required for the production of various formulations, including amino acid supplements, medications, and treatments for conditions such as fatigue and muscle recovery. The expanding global health and wellness trend has amplified the need for high-quality amino acid supplements, further propelling the demand for aspartic acid.
Another important application of aspartic acid is in the production of fertilizers. Due to its role in plant nutrition, aspartic acid is utilized as a chelating agent in agricultural fertilizers, promoting the efficient uptake of essential nutrients. This sector continues to grow, particularly in the US, as the demand for sustainable and efficient agricultural practices increases.
Overall, the US Aspartic Acid Market is experiencing robust growth, with diverse industries relying on this amino acid for various applications. The market’s future seems promising, with continuous innovations in the food, health, and agricultural sectors driving demand. The trend towards natural and healthier products, alongside technological advancements in manufacturing, ensures that aspartic acid will remain a crucial component across industries for years to come.
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Ajinomoto Group
Evonik
KYOWA
Jinghai Amino Acid
JIRONG PHARM
Siwei Amino Acid
ZhangjiagangxingyuTechnology
Hubei Bafeng Pharmaceutical
Tianjin Tianan Pharmaceuticals
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Aspartic Acid Market
Food & Beverages
Pharmaceuticals
Animal Feed
Cosmetics & Personal Care
Sports Nutrition
Healthcare
Nutrition & Wellness
Animal Nutrition
Cosmetics
Food & Beverages
Powder
Liquid
Plant-based
Animal-based
Synthetic
Online Retailers
Supermarkets/Hypermarkets
Specialty Stores
Pharmacies/Drugstores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Aspartic Acid Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Aspartic Acid Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Aspartic Acid Market, By Type
6. US Aspartic Acid Market, By Application
7. US Aspartic Acid Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Aspartic Acid Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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