D-Amino Acid Market Forecasts to 2028 – Global Analysis By Product (D-Valine, D-Leucine, D-Phenylalanine), Application (Cosmetic, Food & Beverages, Pharmaceutical) and By Geography
According to Stratistics MRC, the Global D-Amino Acid Market is accounted for $ 166.94 million in 2020 and is expected to reach $281.74 million by 2028 growing at a CAGR of 6.8% during the forecast period. Rise in production of peptides in pharmaceutical applications, high occurrence of chronic diseases & the need to diagnose such diseases and increasing adoption of advanced technologies are major factors driving the growth of the market. However, increase in the cost of raw materials is hampering the market.
D-amino acid plays an important role in vital processes of the human body such as tissue growth, energy production, immune function, and nutrient absorption. D-amino acid is a class of unnatural amino acids. It is an element of natural peptides created primarily by microorganisms, using the non-ribosomal mechanism of synthesis. D-tryptophan is used to produce serotonin that regulates mood, sleep, and human behavior. D-amino acid alleviates weakness, improves athletic performance, and stimulates muscle recovery.
By application, pharmaceutical segment is experiencing considerable market growth, D-amino acids are mainly employed in physiological and medical applications such as neurotransmission and hormonal regulation. These D-amino based peptides possess producing characteristics and are used in the treatment of Alzheimer's disease and tumors. Demand in usage of peptides in pharmaceutical applications is anticipated to enhance the requirement of D-amino acid.
Based on the geography, Asia Pacific is dominating the market during the forecast period, due to the rising use of D- amino acids, presence of huge amount of producers and processors in the pharmaceutical industry. Fast industrialization and development of pharmaceutical manufacturing and processing plants in China and Japan are projected to drive the demand for D-amino acid in this province.
Some of the key players profiled in the D-Amino Acid Market include Evonik Industries AG, IRIS Biotech GmbH, Kyowa Hakko Kirin, Sekisui Medical Co. Ltd, Shanghai Brightol International, Shijiazhuang Haitian Amino Acid, Sichuan Tongsheng Amino Acid, Wuhan Amino Acid Bio-Chemical, Zangjiagang Huachang Pharmaceutical Co. Ltd., Varsal Chemicals, AnaSpec, Inc.
• D-Glutamic Acid
• D-Aspartic Acid
• Other Products
• Food & Beverages
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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