The global aspartic acid market is expected to reach USD 101.0 million by 2022. Increasing aspartame demand in the form of artificial sweetener from food & beverages industry is expected to remain a key driving factor for the global market. Shift in trend towards convenience food & beverage consumption globally is also expected to have a positive influence on the market growth over the forecast period. High cost of major raw materials such as fumaric acid is expected to remain a key challenge for market participants.
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Further key findings from the study suggest:
Global aspartic acid market demand was 39.3 kilo tons in 2014 and is expected to reach 60.6 kilo tons by 2022, growing at a CAGR of 5.6% from 2015 to 2022.
North America emerged as the largest regional market and accounted for 39.0% of total market volume in 2014. Presence of sophisticated healthcare infrastructure in the U.S. coupled with increasing artificial sweetener on account of growing consumer awareness is expected to drive the regional market over the forecast period.
Table Of Content
Chapter 1. Executive Summary
1.1. Aspartic acid - Industry Summary and Key Buying Criteria, 2012 – 2022
Chapter 2. Aspartic Acid Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Aspartic acid Value Chain Analysis
2.4. Aspartic acid Market Dynamics
2.5. Key Opportunities Prioritized
2.6. Industry Analysis - Porter's
2.7. Aspartic Acid as Platform Chemical
2.8. Aspartic acid Market PESTEL Analysis, 2013
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Chapter 3. Aspartic Acid Application Outlook
3.1. Global Aspartic Acid Market Share by Application, 2014 & 2022
3.2. Feed supplements
3.4. Polyaspartic acid
Chapter 4. Aspartic acid Regional Outlook
4.1. Global Aspartic Acid Market Share by Region, 2014 & 2022
4.2. North America
4.4. Asia Pacific
4.5. Central & South America
4.6. Middle East & Africa
Chapter 5. Competitive Landscape
5.1. Royal DSM
5.2. Evonik Industries
5.3. Ajinomoto Co. Inc.
5.4. Iris Biotech GmbH
5.5. Prinova Inc.
5.6. Flexible Solutions Inc.
5.7. Changzou Yabang Chemical Co. Ltd.
5.8. Yantai Hengyuan Bioengineering Co. Ltd.
5.9. Kyowa Hakko Kogyo Co.
5.10. Anaspec Inc.
5.11. Nanjing Libang Chemical Co. Ltd.
5.12. Changmao Biochemical Engineering Co. Ltd.
5.13. Tocris Bioscience Co.
5.14. Tokyo Chemical Industry Co. Ltd.
5.15. Dongying Leadbong Chemical Co.
5.16. Taiyuan Qiaoyou Chemical Co.
5.17. Langen Suzhou Co. Ltd.
5.18. Anhui Huaheng Biotechnology Co.
5.19. Beijing FortuneStar S&T Development Co. Ltd.
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