In terms of revenue, the Global L-Alanine Market was valued at US$ 43.96 Mn in 2016 and is expected to reach US$ 66.14 Mn by 2025, expanding at a CAGR of 4.7% from 2017 to 2025.
L-Alanine is a nonessential ?-amino acid, which is a white crystalline solid or powder without any odour. It can be dissolved in water, ethanol, insoluble in ether and acetone.
This can be obtained by enzyme catalysis method and fermentation method. L-Alanine can be found in a wide variety of foods, but is particularly concentrated in meats.
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The Global L-Alanine Market is enhanced by factors such as:
- Alanine supplements are often used to treat hypoglycaemia.
- Used to prevent organisms which suffer from insulin shocks or low blood sugar levels.
- Alanine plays a key role in the regulatory functioning of the body, and aids muscle growth.
Based on its applications, the global market is segmented into pharmaceutical industry, food industry, personal care & cosmetics, animal feed and others. L-Alanine is used in clinical nutrition and as an ingredient for pharmaceutical products such as therapeutics for prostate hypertrophy.
It is also used for cell culture. In the food industry, L-Alanine is utilized to enrich nutrition in health foods and drinks and is used as a sweetener in food such as bread products, meats, malted barley, roasted coffee, and maple syrup.
This is manufactured using an initial fermentation process then an enzymatic process. Furthermore, L-Alanine is used as a fragrance ingredient, hair conditioning agent, skin-conditioning agent in cosmetic and personal care products.
This can also be used as a nutritional supplement, sour corrective agent in animal feed/poultry feed.
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The Global L-Alanine Market is further segmented with respect to major geographies of North America, Europe, Asia-Pacific, and Latin America. Besides, the countries generating high revenue in these regions have also been analyzed along with exhaustive coverage of developments and innovation in these countries.
Asia-Pacific will occupy for more market share in the forthcoming years, especially in China, also fast growing India and Southeast Asia regions. Moreover, North America, especially The United States, will still play an important role which cannot be ignored.
Any changes from United States might affect the development trend of L-Alanine Market.
The report also offers all-encompassing research on the key players in this global market and detailed insights on the competitiveness of these players. The key business strategies such as mergers & acquisitions, partnerships, collaborations, and contracts adopted by the major players are also identified and analyzed in the report.
Some of the significant players functioning in the Global L-Alanine Market include AJINOMOTO Co. Inc., Alfa Aesar, AlfaSigma, Evonik Industries, Jiangsu Jiecheng Bioengineering Co.
Ltd., KYOWA HAKKO BIO CO. LTD., Sinogel Amino Acid Co. Ltd., Wuxi Jinghai Amino Acid Co.
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