Aspartic Acid Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC540


Aspartic acid, also known as aspartate, is used in biosynthesis of proteins. Aspartic acid, in combination with glutamic acid is known as an acidic amino acid. L-aspartic acid and D-aspartic acid are the two forms of enantiomers of aspartic acid available in the industry. L-aspartic acid is directly combined into proteins unlike the D-aspartic acid. Aspartic acid is used in the production of sweetener known as aspartame. The market for aspartic acid is driven by the increased demand for biodegradable products because of the depleting fossil fuel reserves.

Market Dynamics

Upsurge in the end-use industries such as pharmaceuticals, food & beverage, and chemical is believed to be the major factor augmenting the growth of aspartic acid market. Increased consumption of meat and sweeteners is another important factor contributing to the growth of aspartic acid market. Moreover, the upsurge in biodegradable polymers also boosts the market for aspartic acid. However, the fluctuating raw material price hampers the growth of aspartic acid market. Also, the complexity in manufacturing process and its increased cost restrains the market growth for aspartic acid.

Market Classification and Overview

The aspartic acid market is bifurcated based on applications, end-use industry, and geography. Feed supplements, medicines, polyaspartic acid, aspartame, L-alanine, and others are various applications of aspartic acid. Polyaspartic acid was estimated to be the largest application segment owing to its increased demand in the form of biodegradable polymer. Pharmaceuticals, food & beverages, and chemical are the major end-use industries for aspartic acid.

Regional Overview

The market for aspartic acid is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). North America was the largest market revenue contributor in 2015, owing to the existence of modern healthcare facility in the U.S. along with upsurge in sweetener demand. Asia-Pacific is also projected to register the highest growth during the forecast period, as a result of increase in demand for sweeteners for carbonated beverages. Europe is the second largest revenue contributor to the aspartic acid market due to rise in demand for packaged food in this region.

Report Coverage


Aspartic Acid Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year


Forecast Data

2018 – 2026

Market Stratification

Application, End-Use Industry, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Ajinomoto Co. Inc, Flexible Solutions Inc., Royal DSM, Prinova Inc, Evonik Industries, Iris Biotech GmbH, AnaSpec Inc, Chemical Co. Ltd, Changzhou Yabang Chemical Co., Ltd., Kyowa Hakko Kogyo Co, Yantai Hengyuan Bioengineering Co. Ltd., and Nanjing Libang Chemical Co. Ltd among others are some of the key players in the global aspartic acid market. These players have adopted strategies such as mergers and acquisitions other established players in the market to gain competitive edge and sustain competition.

Market Segmentation

Market By Application

·         Feed Supplements

·         Medicines

·         Polyaspartic acid

·         Aspartame

·         L-alanine

Market By End-Use Industry

·         Pharmaceuticals

·         Food & beverages

·         Chemical

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA

Related Reports

Multi conductor Cable Market - (By Type -Multi-Conductor Unshielded Cable And Multi-Conductor Shielded Cable, Market By Application – Electronics, Communication, Medical - Global Industry Size, Share, Trends, and Forecast, 2018-2026

Introduction Multi conductor cable is an electrical cable which comprises of multiple numbers of conductors with insulation sheaths positioned in a single cable. These cables are constructed by using strands of annealed copper wires. Moreover, these wires consi...

Global Synthetic Pyridine Market - (By Type- Pyridine N-oxide, Alpha Picoline, Beta Picoline, Gamma Picoline, 2-Methyl-5-Ethylpyridine, Market By Application- Agrochemicals, Pharmaceuticals, Chemicals, Food ) - Global Industry Size, Share, Trends, and Forecast, 2018-2026

Introduction Pyridine is a soluble flammable liquid base and toxic with different, strong odor. It is considered as one of the parent compounds of various naturally occurring organic compounds. It is better choice as a precursor to agrochemicals and pharmaceuti...

PVC Plasticizers Market - (By Type - Phthalates, Terephthalates, Trimelliates, Epoxide, Phosphate, Sebacates, Extender, Aliphatic), Market By Application- Flooring & Wall, Film & Sheet Covering Wires & Cables, Coated Fibers, Consumer Goods)- Global Industry Size, Share, Trends, and Forecast, 2018-2026

Introduction PVC Plasticizers is used as chemicals which are mixed with polymer for improving flexibility, softness, and brittleness of plastics. It is also used for improving malleability of the material. PVC Plasticizers may be internal or external based on t...

Resistance Heating Wire Market - (Market By Types- First Aid Kit, Emergency Disaster Kit, Tool Kit, Specialized Kits, Market By End Users- Commercial, Industrial, Individual Consumer)- Global Industry Size, Share, Trends, and Forecast, 2018-2026

Introduction Resistance wire is a type of wire which is used for making electrical resistors. There are several types of resistance wire such as nichrome, a non-magnetic 80/20 alloy of nickel and chromium. These are the most common wires used for the heating pu...

Chlorotoluene Market (By Product Types- 2-Chlorotoluene, 3-Chlorotoluene, Market by Application- Chemical industries, Textiles Industries, Agriculture, Pharmaceutical Industries) - Global Industry Size, Share, Trends and Forecast, 2015 - 2026

Introduction Chlorotoluene is a group of three isomeric chemical compounds which includes ortho-chlorotoluene, para-chlorotoluene, and meta-chlorotoluene. These consist of a disubstituted benzene ring with one methyl group and chlorine atom. Chlorotoluene has f...

Ammonium Acetate Market - (By Type- Food Additive, Pharmaceuticals, Electrolyte Solution, Market By Grade - Industrial Grade, Food Grade, Agriculture Grade, Medicine Grade- Global Industry Size, Share, Trends, and Forecast, 2018-2026

Introduction Ammonium acetate is a white crystalline solid which is synthesis by using two methods, either by neutralizing the acetic acid with ammonium carbonate or by the saturation of glacial acid with dry ammonia gas. As ammonium acetate is volatile at low ...

Cart Summary

Special Pricing & Discounts