PUBLISHER: 360iResearch | PRODUCT CODE: 1499501
PUBLISHER: 360iResearch | PRODUCT CODE: 1499501
[182 Pages Report] The D-Amino Acids Market size was estimated at USD 191.71 million in 2023 and expected to reach USD 200.32 million in 2024, at a CAGR 4.58% to reach USD 262.35 million by 2030.
The D-amino acids are a class of chiral molecules used in various applications. D-amino acids are the enantiomers of naturally prevalent L-amino acids. D-amino acids have gained attention due to their unique properties and increasing use in pharmaceuticals, biotechnology, food and feed industries, and research applications. The pharmaceutical industry is continuously expanding, and there is an increased demand for novel drugs with improved efficacy and safety, creating the need for D-amino acids. The development of innovative technologies for the synthesis and application of D-amino acids fosters market growth. The rise in health awareness and dietary concerns among the global population also propels the demand for D-amino acids in the food and feed sectors. Rising complexity and increasing cost of production of D-amino acids, particularly when considering large-scale synthesis, is hampering the market growth. The rising development of new methods for enantioselective synthesis can lead to cost reduction, and greater efficiency is expected to create opportunities for market growth. Innovations in biocatalysis and the discovery of new applications in medical science, such as in antimicrobial peptide design, provide additional scope for market growth. Collaboration with research institutions for novel applications in neurosciences and metabolic disorders also presents potential opportunities for the growth of the D-amino acids market.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 191.71 million |
Estimated Year [2024] | USD 200.32 million |
Forecast Year [2030] | USD 262.35 million |
CAGR (%) | 4.58% |
Regional Insights
The market for D-Amino Acids in the Americas is robust, driven by substantial investments in biotechnology and pharmaceutical research. Consumer needs revolve around innovative drug formulations and the development of peptide-based therapeutics. The growing biotech sector has seen an uptick in purchasing these specialized amino acids for research and product development. The prevalence of chronic diseases and the push for personalized medicine further bolster demand for D-amino acids in South America. The European Union has a well-established pharmaceutical industry with a steady demand for D-amino acids, primarily driven by research and development in novel drug formulations. EU regulations encourage innovation, which is reflected in the steady number of patents being filed relating to D-amino acids within member countries. Emphasis on quality and regulatory compliance influences consumer purchasing behavior in this region. The EU's investment in life sciences and biotechnology research initiatives supports the growth of the D-amino acids market. In the Middle East and Africa, increased investment in research institutions and expansion of healthcare sectors suggest a growing market potential for D-amino acids. Asia-Pacific's D-amino acids market is expansive and growing due to its massive pharmaceutical sector and global supply chain position. The country's significant R&D investment, evidenced by a high volume of research materials and patents, demonstrates the expansion of novel applications for D-amino acids in the Asia-Pacific region.
Market Insights
The market dynamics represent an ever-changing landscape of the D-Amino Acids Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the D-Amino Acids Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the D-Amino Acids Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Grand Pharma Acquired 100% Equity of Hubei Bafeng, Further Expanding the Strategic Plan on High-quality Amino Acid Industry
Grand Pharmaceutical Group Limited announced the strategic acquisition of Hubei Bafeng Pharmaceuticals and Chemicals Share Co., Ltd. for RMB 270 million. This important move follows their acquisition of Cangzhou Huachen BioTech Co., Ltd. in 2021, reinforcing their expansion within the amino acid industry. [Published On: 2023-08-08]
CJ do Brasil Invests ZAR 1.1 Billion and Expands Amino Acid Factory in Piracicaba
CJ do Brasil, a branch of the international powerhouse CJ Bio, celebrated a significant milestone with expanding its Piracicaba facility, roughly 160 kilometers from Sao Paulo. This ZAR 1.1 billion investment anticipates creating 650 new jobs and fortifies the company's unique position in Latin America as the only producer of three vital amino acids for animal nutrition: Lysine, Threonine, and Tryptophan. [Published On: 2023-05-31]
Evonik Strengthens Competitiveness of its Animal Nutrition Business
Evonik announced partitioning its operations into two dedicated segments: amino acids and specialty nutrition, each aligned with specific market demands and conditions. The amino acid sector aims to harness streamlined processes and digital prowess to boost efficiency and maintain cost-competitiveness, while the specialty nutrition segment aims to evolve towards integrated system solutions, emphasizing functional feed additives and digital tools for various livestock categories. [Published On: 2023-04-03]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the D-Amino Acids Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the D-Amino Acids Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Amino GmbH, AnaSpec, Inc, Archer-Daniels-Midland Company, Bachem AG, Cargill, Incorporated, Central Drug House (P) Ltd., Creative Enzymes, Evonik Industries AG, IRIS Biotech GmbH, Kyowa Hakkon Kirin Co. Ltd., LG Chem Ltd., Matter and Form Inc., Pepscan, Prinova Group LLC, Sekisui Medical Co. Ltd., Shanghai Brightol International, Shijiazhuang Haitian Amino Acid Co., Ltd., Sichuan Tongsheng Amino acid Co., Ltd., Tokyo Chemical Industry Co., Ltd., Varsal Chemicals, Wacker Chemie AG, Wuhan Amino Acid Bio-Chemical Co., Ltd, Yoneyama Yakuhin Kogyo Co., Ltd., and Zhangjiagang Huachang Pharmaceutical Co. Ltd..
Market Segmentation & Coverage