Valley Cottage, NY -- (SBWIRE) -- 06/14/2019 -- Aspartic Acid Market Outlook
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.
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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.
The increasing number of pharmaceutical industries has a significant impact on the aspartic acid market. As aspartic acid has strong application in medical science to cure various human ailments. Aspartic acid-based medicines increase nicotinamide adenine dinucleotide (NADH) molecules and keeps the brain sharper. Aspartic acid is used to treat fatigue, depression, and promotes robust metabolism.
Also, increasing health consciousness and fitness trend among consumers is increasing the demand for aspartic acid. As aspartic acid is used to make dietary supplement and the consumption of the same is increasing all over the world.
Aspartic acid is also used in the manufacturing of polyaspartic acid. Polyaspartic acid is a biodegradable and water-soluble amino acid; hence, polyaspartic acid has the ability to replace non-biodegradable amino acids. Also, there are various industrial applications of polyaspartic acid such as water treatment, petroleum exploration among others.
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:
The aspartic acid market can be segmented on the basis of end-use as:
Food and Beverage Industries
The aspartic acid market can be segmented on the basis of sales channel as:
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.
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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