Quick Summary:
Uncover the future potential of a rapidly advancing domain with our comprehensive report on the global Aspartic Acid market, projected to reach US$134.3 Million by 2030. This extensive study offers a clear view of diverse market dynamics, penetrative insights, and the expected growth trajectory following an exhaustive analysis of the industry trends from 2022 to 2030.
The report not just encompasses key geographies including the U.S., China, Japan, Canada, and Germany, but effectively captures the role of primary competitors shaping the Aspartic Acid market. It offers vital findings on trending market factors, strategic business endeavors, and potential areas of investment to remain at the forefront of this competitive landscape. Get ahead and meet your strategic goals leveraging this decisive base of knowledge.
Global Aspartic Acid Market to Reach $134.3 Million by 2030
The global market for Aspartic Acid estimated at US$94 Million in the year 2022, is projected to reach a revised size of US$134.3 Million by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. D-Aspartic Acid, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$77.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the L-Aspartic Acid segment is readjusted to a revised 4.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $25.6 Million, While China is Forecast to Grow at 7.6% CAGR
The Aspartic Acid market in the U.S. is estimated at US$25.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$28.4 Million by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Select Competitors (Total 38 Featured) -
- Ajinomoto Co., Inc.
- AnaSpec, Inc.
- Anhui Huaheng Biotechnology Co., Ltd.
- Beijing FortuneStar S&T Development Co., Limited
- Changmao Biochemical Engineering Co. Ltd.
- Changzhou Yabang Chemical Co., Ltd.
- ChemPep
- Evonik Industries AG
- Flexible Solutions International Inc.
- Iris Biotech GmbH
- Koninklijke DSM NV
- Kyowa Hakko Bio Co., Ltd.
- Nanjing Libang Chemical Co., Ltd.
- Prinova Group LLC.
- Tocris Bioscience
- Tokyo Chemical Industry Co., Ltd.
- Yantai Hengyuan Bioengineering Co., Ltd
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Aspartic Acid?
What is the growth rate of the Global Market for Aspartic Acid?
What is the forecasted size of the Global Market for Aspartic Acid?
Who are the key companies in the Global Market for Aspartic Acid?
Report Attribute | Details |
---|---|
No. of Pages | 192 |
Published | November 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 94 Million |
Forecasted Market Value ( USD | $ 134.3 Million |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ajinomoto Co., Inc.
- AnaSpec, Inc.
- Anhui Huaheng Biotechnology Co., Ltd.
- Beijing FortuneStar S&T Development Co., Limited
- Changmao Biochemical Engineering Co. Ltd.
- Changzhou Yabang Chemical Co., Ltd.
- ChemPep
- Evonik Industries AG
- Flexible Solutions International Inc.
- Iris Biotech GmbH
- Koninklijke DSM NV
- Kyowa Hakko Bio Co., Ltd.
- Nanjing Libang Chemical Co., Ltd.
- Prinova Group LLC.
- Tocris Bioscience
- Tokyo Chemical Industry Co., Ltd.
- Yantai Hengyuan Bioengineering Co., Ltd