Global Aspartic Acid Market 2017-2021

  • ID: 4436073
  • Report
  • Region: Global
  • 102 pages
  • TechNavio
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FEATURED COMPANIES

  • AJINOMOTO
  • Changzhou Yabang Chemical
  • DSM
  • IRIS BIOTECH
  • Langen Suzhou
  • Prinova
  • MORE
About Aspartic Acid

Aspartic acid, also known as aspartate is a type of alpha-amino acid and is used in the medical, cosmetics, agriculture, dietary supplement, and food and beverages (F&B) industries. L-aspartic acid, D- aspartic acid, and DL-aspartic acid are the three types of aspartic acid. Aspartic acid is usually found in plants, especially in sugar beets and sugarcane, and animals. Polyaspartic acid is expected to account for the largest application segment.

The analysts forecast the global aspartic acid market to grow at a CAGR of 5.59% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global aspartic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Aspartic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AJINOMOTO
  • DSM
  • Evonik Industries
  • Flexible Solutions International
  • Tocris Cookson
Other prominent vendors
  • AnaSpec
  • Anhui Huaheng Biotechnology
  • Beijing FortuneStar S&T Development
  • Changmao Biochemical Engineering Company Limited
  • Changzhou Yabang Chemical
  • ChemPep
  • IRIS BIOTECH
  • KYOWA HAKKO BIO
  • Langen Suzhou
  • Nanjing Libang Chemical
  • Prinova
  • Taiyuan Qiaoyou Chemical Industrial
  • Tokyo Chemical Industry
  • Yantai Hengyuan Bioengineering
Market drivers
  • Increasing demand for sweeteners
  • For a full, detailed list, view the full report
Market challenges
  • Complex manufacturing process and high price of raw material
  • For a full, detailed list, view the full report
Market trends
  • Growing popularity of packaged food
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are thekey vendors in this market space?
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • AJINOMOTO
  • Changzhou Yabang Chemical
  • DSM
  • IRIS BIOTECH
  • Langen Suzhou
  • Prinova
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market sizing 2016
  • Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 08: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Global aspartic acid market by polyaspartic acid – Market size and forecast 2016-2021
  • Global aspartic acid market by aspartame – Market size and forecast 2016-2021
  • Global aspartic acid market by feed supplements – Market size and forecast 2016-2021
  • Global aspartic acid market by medicines – Market size and forecast 2016-2021
  • Global aspartic acid market by L-alanine – Market size and forecast 2016-2021
  • Global aspartic acid market by others – Market size and forecast 2016-2021
  • Market opportunity by application
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Global aspartic acid market in Americas – Market size and forecast 2016-2021
  • Global aspartic acid market in EMEA – Market size and forecast 2016-2021
  • Global aspartic acid market in APAC – Market size and forecast 2016-2021
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Growing popularity of packaged food
  • Flourishing global medical tourism industry
  • Increasing use of aspartic acid as a bio-based platform chemical
PART 13: VENDOR LANDSCAPE
  • Competitive landscape
  • Key market vendors
  • Other prominent vendors
PART 14: VENDOR ANALYSIS
  • AJINOMOTO
  • DSM
  • Evonik Industries
  • Flexible Solutions International
  • Tocris Cookson
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Segmentation of global amino acid market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market size 2016
Exhibit 06: Validation techniques employed for market sizing 2016
Exhibit 07: Global aspartic acid market – Market size and forecast 2016-2021 (kilo tons)
Exhibit 08: Global aspartic acid market – Year-over-year growth 2017-2021 (%)
Exhibit 09: Five forces analysis 2016
Exhibit 10: Five forces analysis 2021
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces
Exhibit 17: Application – Market share 2016-2021 (% share by volume)
Exhibit 18: Comparison by application
Exhibit 19: Global aspartic acid market by polyaspartic acid – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 20: Global aspartic acid market by polyaspartic acid – Year-over-year growth 2017-2021 (%)
Exhibit 21: Global aspartic acid market by aspartame – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 22: Global aspartic acid market by aspartame – Year-over-year growth 2017-2021 (%)
Exhibit 23: Global aspartic acid market by feed supplements – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 24: Global aspartic acid market by feed supplements – Year-over-year growth 2017-2021 (%)
Exhibit 25: Global aspartic acid market for medicines – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 26: Global aspartic acid market by medicines – Year-over-year growth 2017-2021 (%)
Exhibit 27: Global aspartic acid market by L-alanine – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 28: Global aspartic acid market by L-alanine – Year-over-year growth 2017-2021 (%)
Exhibit 29: Global aspartic acid market by others – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 30: Global aspartic acid market by others – Year-over-year growth 2017-2021 (%)
Exhibit 31: Market opportunity by application
Exhibit 32: Global aspartic acid market by geography 2016-2021 (% share of volume)
Exhibit 33: Regional comparison
Exhibit 34: Global aspartic acid market in Americas – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 35: Global aspartic acid market in Americas – Year-over-year growth 2017-2021 (%)
Exhibit 36: Top 3 countries in Americas for aspartic acid market
Exhibit 37: Global aspartic acid market in EMEA – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 38: Global aspartic acid market in EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 39: Top 3 countries in EMEA for aspartic acid market
Exhibit 40: Global aspartic acid market in APAC – Market size and forecast 2016-2021 (kilo metric tons)
Exhibit 41: Global aspartic acid market in APAC – Year-over-year growth 2017-2021 (%)
Exhibit 42: Top 3 countries in APAC for aspartic acid market
Exhibit 43: Medical tourism: Geographic segmentation by value 2016 (% share)
Exhibit 44: Key vendors in global aspartic acid market 2016
Exhibit 45: AJINOMOTO: Business segmentation by revenue 2016 (% share)
Exhibit 46: AJINOMOTO: Geographical segmentation by revenue 2016 (% share)
Exhibit 47: DSM: Business segmentation by revenue 2016 (% share)
Exhibit 48: DSM: Geographical segmentation by revenue 2016 (% share)
Exhibit 49: Evonik Industries: Business segmentation by revenue 2016 (% share)
Exhibit 50: Evonik Industries: Geographic segmentation by revenue 2016 (% share)
Exhibit 51: Flexible Solutions International: Business segmentation by revenue 2016 (% share)
Exhibit 52: Flexible Solutions International: Geographic segmentation by revenue 2016 (% share)
Exhibit 53: Tocris Cookson: Business segmentation by revenue 2016 (% share)
Exhibit 54: Tocris Cookson: Geographic segmentation by revenue 2016 (% share)
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FEATURED COMPANIES

  • AJINOMOTO
  • Changzhou Yabang Chemical
  • DSM
  • IRIS BIOTECH
  • Langen Suzhou
  • Prinova
  • MORE
New Report Released: – Global Aspartic Acid Market 2017-2021

The author of the report recognizes the following companies as the key players in the global aspartic acid market: AJINOMOTO, DSM, Evonik Industries, Flexible Solutions International, and Tocris Cookson.

Other Prominent Vendors in the market are: AnaSpec, Anhui Huaheng Biotechnology, Beijing FortuneStar S&T Development, Changmao Biochemical Engineering Company Limited, Changzhou Yabang Chemical, ChemPep, IRIS BIOTECH, KYOWA HAKKO BIO, Langen Suzhou, Nanjing Libang Chemical, Prinova, Taiyuan Qiaoyou Chemical Industrial, Tokyo Chemical Industry, and Yantai Hengyuan Bioengineering.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing popularity of packaged food. The processed food and beverage industry accounted for $4.59 trillion in 2016 and is expected to reach $4.68 trillion by 2017. The growth is expected to be approximately 1.5% on a year-over-year basis, owing to benefits of processed foods such as ease to buy, store, and eat.”

According to the report, one driver in the market is increasing demand for sweeteners. Sugar has a tendency of stimulating cancer cells and causes cancers. Avoiding sugar leads to fluctuations in blood sugar levels. Consumers increasingly prefer low-sugar content foods. The global consumption of high-intensity sweeteners is highly dependent on the production of low-calorie food, diet carbonated soft drinks, and sugar substitutes. The demand for the entire range of high-intensity sweeteners is strong in APAC due to the high consumption of carbonated soft drinks. The global consumption of high-intensity sweeteners for all applications was estimated at more than 159 kilo metric ton in 2016.

Further, the report states that one challenge in the market is complex manufacturing process and high price of raw material. The production of L-aspartic acid through fermentation in a medium containing fumaric acid and ammonia is a commonly used technique worldwide. Bacillus and Pseudomonas are the extensively used bacteria for the production of aspartic acid through fermentation. Aspartic acid can also be produced through the biochemical process of transamination of fumaric acid with the enzymes of bacteria. This process results in the formation of small amounts of aspartic acid produced from hydrocarbons or ethanol by culturing them with a wild strain of the genus Corynebacterium or Brevibacterium. The process requires highly skilled workers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • AJINOMOTO
  • DSM
  • Evonik Industries
  • Flexible Solutions International
  • Tocris Cookson
  • AnaSpec
  • Anhui Huaheng Biotechnology
  • Beijing FortuneStar S&T Development
  • Changmao Biochemical Engineering Company Limited
  • Changzhou Yabang Chemical
  • ChemPep
  • IRIS BIOTECH
  • KYOWA HAKKO BIO
  • Langen Suzhou
  • Nanjing Libang Chemical
  • Prinova
  • Taiyuan Qiaoyou Chemical Industrial
  • Tokyo Chemical Industry
  • Yantai Hengyuan Bioengineering
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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