Aspartic acid is a non-essential amino acid. Aspartic acid is also known as asparaginic acid. The human body also produce aspartic acid without the intake of food containing amino acid. In the human body the highest quantity of aspartic acid is found in the brain and has been found to enhance the neurological activities. Commercially aspartic acid is also manufactured through chemical synthesis, fermentation, protein extraction, and enzymatic conversion. Aspartic acid helps in the production and release of hormones. Aspartic acid also helps in the nervous system functioning. Aspartic acid is important to digest, assimilate, and utilize potassium, magnesium, and calcium aspartate. Aspartic is found in plants and animals. In plants, aspartic acid is commonly found in sugarcane and sugar beets. Legumes such as lentils, chickpeas, and soybeans contain more aspartic acid. Animal sources of aspartic acid include salmon, eggs, shrimp, and beef.
Increasing Demand for Bakery and Confectionery Products among Consumers is boosting the Sales of Aspartic Acid.
The demand for bakery and confectionery products is increasing among consumers at a fast pace which is increasing the consumption of sweeteners. As aspartic acid is used in the production of aspartame, a non-saccharide sweetener, the consumption of aspartic acid is also increasing.
In recent years, consumer’s increasing awareness regarding health has brought a change in the preferences for the products. Consumers are inclined towards low-calorie foods all over the world. The aspartic acid market is expected to grow significantly due to a shift in consumer’s preference from regular sugar to artificial sweeteners in bakery and confectionery products.
Aspartic Acid Market: Regional Analysis
The rise in disposable income, increasing consumption of ready-to-eat products, the influence of western culture, and huge youth population are some the major factors that are anticipated to increase the demand for bakery and confectionery products in the Asia Pacific. The increase in demand for bakery and confectionery products is anticipated to have a positive impact on the aspartic acid market as it is used as an artificial sweetener in the preparation of a variety of bakery and confectionery products.
Aspartic Acid Market: Key Participants
Few key market players in the aspartic acid market are:
- PepTech Corporation.
- ChemPep Inc.
- Anaspec Inc.
- Iris Biotech GmbH
- Prinova Group LLC
- Evonik Industries
- Ajinomoto Co. Inc.
- Tocris Bioscience Co.
- Royal DSM
The report covers exhaustive analysis on:
- Aspartic Acid Market Segments
- Aspartic Acid Market Dynamics
- Market Size
- Supply and Demand
- Current Trends/Issues/Challenges pertaining to Aspartic Acid market
- Competition Landscape and Emerging Market Participants in Aspartic Acid market
- Technology related to Production/Processing of Aspartic Acid
- Value Chain Analysis of the Aspartic Acid market
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Aspartic Acid Market Segmentation
The aspartic acid market can be segmented on the basis of form, end-use, and sales channel:
The aspartic acid market can be segmented on the basis of form as:
- L-Aspartic Acid
- D-Aspartic Acid
The aspartic acid market can be segmented on the basis of end-use as:
- Food and Beverage Industries
- Bakeries
- Confectioneries
- Drink Mix
- Jams
- Chocolates
- Jellies
- Dairy Products
- Pharmaceutical Industries
- Dietary Supplements
The aspartic acid market can be segmented on the basis of sales channel as:
- Direct Sales
- Indirect Sales
- Hypermarkets/Supermarkets
- Wholesalers
- Convenience Stores
- Specialty Stores
- Online Retailers
Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the Aspartic Acid market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the Aspartic Acid market
- Competitive landscape of the Aspartic Acid market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Aspartic Acid market performance
- Must-have information for Aspartic Acid market players to sustain and enhance their market footprint
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