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Aspartic Acid Market to Exhibit Phenomenal Growth Over 2017-2024

Author : Ronak Bora | Published Date : 2019-05-14 

Global Market Insights presents the Aspartic Acid Market provides a detailed overview of major drivers, restraints, challenges, opportunities, current industry trends and strategies impacting the global market along with estimates and forecast of revenue.

Aspartic Acid Market size may have positive growth in future owing to growing application scope as artificial sweetener, medicine and biodegradable polymer.

It is also known as aspartate and main acid source is oat flakes, lentil, sugarcane, chickpeas, soya beans, asparagus, oyster, sausage meat and dietary supplements. It is available in two form D-aspartic and L-aspartic acid. D-aspartic acid is available in nature, whereas L-aspartic acid used in industry is directly incorporated into proteins. Aspartic acid is an alpha amino acid used in protein biosynthesis. It contains carboxylic acid and alpha amino group protonated in –NH+ form.

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Aspartic acid is produced in human body via protein extraction, chemical synthesis, enzymatic conversion and fermentation of food. It is available in substantial quantity in brain and helps in enhancing neurological activity. Potassium, magnesium and calcium aspartate helps in food digestion and assimilation.

D-aspartic acid boosts testosterone levels which improves protein production and lean muscle mass development. Testosterone promotes muscle tissue breakdown and reduces abdominal fat. Global dietary supplement market was valued at over USD 125 billion in 2016 owing to increasing geriatric population along with rising health and wellness products demand to maintain better health routines. Sports supplements are consumed to enhance health & fitness, muscle growth and athletic performance. Growing high protein energy drink consumption along with availability of various nutritional products manufacturers may favour dietary supplements product demand thereby driving aspartic acid market size.

Poly-aspartic acid is used as chelating agent and prevents corrosion problem. The chelating agent prevents calcium carbonate, calcium sulphate, magnesium carbonate, magnesium sulphate and calcium phosphate deposition. It inhibits scale formation in cooling tower, improves cooling capacity and maintains electricity consumption. Similarly, it avoids scaling & salt deposition in heat exchanger and boiler thereby improving their heating efficiency. The reverse osmosis membrane in desalination plants are protected from calcium & magnesium scaling in turn increases membrane life and maintain energy utilisation.

Europe driven by UK, France & Germany aspartic acid market may experience significant gains. Increase in RTE food demand, rise in energy drink consumption and growing health concerns regarding diseases such as diabetics and cancer has driven artificial sweetener market. Rise in working women population along with growing health concern has surged female hygiene products demand thereby driving regional growth.

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Asia Pacific led by Japan, India, and China aspartic acid market accounts for maximum market share and may witness steady growth. Increasing foreign investment in energy generation sector has positive impact on boiler, heat exchanger and cooling tower along with government initiatives may favour product demand in this region. Rise in consumer health consciousness along with increasing economic standards mainly in China & India is likely to increase artificial sweetener and health supplement demand thereby stimulating regional growth. India has accounted for maximum diabetic patients which may boost aspartic acid demand in artificial sweetener application.

Global aspartic acid market share is fragmented. Major industry participants in this market are Prinova Group, Tocris Bioscience, Ajinomoto Co., Biotech GmbH and Chem Pep.

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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