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Aspartic Acid Market

Aspartic Acid Market

Aspartic Acid Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

250

Base Year:

2024

Date

Jan - 2025

Format:

PDF XLS PPT

Report Code:

VMR-4089

Segments Covered
  • By Product By Product L-Aspartic Acid, D-Aspartic Acid, DL-Aspartic Acid
  • By Application By Application Feed Supplements, Medicine, Polyaspartic Acid, Aspartame, L-Alanine, Others
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
Base YearBase Year: 2024
Forecast YearsForecast Years: 2025 - 2035
Historical YearsHistorical Years: 2019 - 2023
Revenue 2024Revenue 2024: USD 112.4 Million
Revenue 2035Revenue 2035: USD 189.5 Million
Revenue CAGRRevenue CAGR (2025 - 2035): 6.7%
Fastest Growing Region Fastest Growing Region (2025 - 2035) Europe
Largest Region Largest Region (2024): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Aspartic Acid Market Share

The global Aspartic Acid Market is valued at USD 112.4 Million in 2024 and is projected to reach a value of USD 189.5 Million by 2035 at a CAGR (Compound Annual Growth Rate) of 6.7% between 2025 and 2035.

The Aspartic Acid is driven by increasing demand in various industries such as pharmaceuticals, food and beverages, and agriculture. Aspartic acid is a non-essential amino acid which is generally known as asparaginic acid. Aspartic acid aids in the functioning of nervous system and in the production and in the release of hormones, it is also essential to assimilate, digest, and utilize magnesium calcium and potassium aspartate.

Key Highlights

  • Based on the Product, the L-Aspartic Acid category accounted for significant market share in Aspartic Acid market industry for 63.70% in 2024
  • In 2024, by Application, Polyaspartic acid dominated the Aspartic Acid market share of 31.30%
  • North America dominated the Aspartic Acid market industry with 42.60% Aspartic Acid market share in 2024
  • Asia Pacific region is anticipated to grow at the highest CAGR during the forecast period in Aspartic Acid market industry

Aspartic Acid Market Size, 2024 To 2035 (USD Million)

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Product Overview

The Product segment is divided into L-Aspartic Acid, D-Aspartic Acid, and DL-Aspartic Acid. The L-Aspartic acid segment held the Aspartic Acid market size of 63.70% in 2024.

  • The L-Aspartic Acid segment dominated the Aspartic Acid market driven by its substantial use in industries across pharmaceuticals, food and beverages, nutritional supplements, and other industrial sectors. Furthermore, It finds extensive application in the pharmaceutical industry for formulating drugs aimed at treating neurological and metabolic disorders. In the food industry, it serves as a key component in producing aspartame, a widely used artificial sweetener in sugar-free and diet products. Growing health consciousness, expanding industrial applications, and advancements in eco-friendly solutions are driving the segment's growth in Aspartic Acid market
  • D-Aspartic acid segment in Aspartic Acid market industry is driven by growing geriatric population and the rising demand for health and wellness goods, better health habits are maintained. Sports supplements are used to boost health & wellness, muscle development and athletic performance. Growing high-protein energy drink consumption along with the availability of various nutritional products may favor the demand for dietary supplements, thereby driving the Aspartic Acid market size
  • The DL-Aspartic acid segment in Aspartic Acid market is driven by increasing demand for eco-friendly and sustainable materials, and growing adoption in developing biodegradable products. Additionally, DL-Aspartic acid is valued in the pharmaceutical sector for its role in drug formulations and as a precursor in the production of specialty chemicals

Application Overview

The Application segment is divided into Feed Supplements, Medicine, Polyaspartic Acid, Aspartame, L-Alanine, and Others. The Polyaspartic acid segment held the dominant share in 2024, accounting for significant Aspartic Acid industry share of 31.30%.

  • The polyaspartic acid led the Aspartic Acid market attributable to the fact that this acid is an alternative to non-biodegradable materials. This eco-friendly aspect optimistic, especially as consumers and businesses become more environmentally conscious. Polyaspartic acid, is widely used as a water treatment agent, a scale inhibitor, and a dispersant in various industrial processes. Additionally, due to its durability, quick curing times, and high resistance to UV radiation and abrasion, this segment has increasing popularity in the construction and coatings industry.
  • The Feed supplements segment is a fastest growing segment of Aspartic Acid market industry, driven by increasing demand for high-quality animal nutrition. To promote growth, strengthen the immune system, and optimize feed efficiency feed supplements is widely used in livestock, poultry, and aquaculture feed. In emerging countries, particularly in Asia Pacific and Latin America, are witnessing rapid growth in this segment due to expanding livestock industries and government initiatives supporting animal nutrition.
  • The medicine segment driven by its widespread use in pharmaceutical applications. The segment's growth is further fueled by increasing investments in pharmaceutical R&D and the rising prevalence of chronic diseases, which demand innovative therapeutic solutions. With the expanding pharmaceutical industry and advancements in drug formulation techniques, the demand in the medical sector is expected to growth of Aspartic Acid market industry.
  • Aspartame, a low-calorie artificial sweetener, is widely used in the food and beverage industry to cater to the growing demand for sugar-free and diet-friendly products. The increasing prevalence of lifestyle diseases such as obesity and diabetes has further driven the adoption of aspartame as an alternative to traditional sugar.

Regional Overview

In 2024, the Aspartic Acid market size of the North America is USD 47.88 Million.

North America Aspartic Acid industry report is driven by strong inclination towards health-conscious consumerism has spurred the use of artificial sweeteners, such as aspartame, which relies on aspartic acid as a critical ingredient. Additionally, growing health awareness among region’s consumers will drive demand for aspartame and other aspartic acid compounds in nutritional products and sports supplements.

U.S. Aspartic Acid Market Analysis

In 2024, the U.S. led the North America Aspartic Acid Market, driven by growing health-conscious population has fueled the adoption of low-calorie and sugar-free products, increasing the demand for aspartic acid as a key ingredient in artificial sweeteners like aspartame. In U.S., industrial advancements, coupled with stringent environmental regulations, have encouraged the adoption of eco-friendly materials, positioning aspartic acid as a preferred choice for various applications.

Europe Aspartic Acid Market Analysis

The Europe Aspartic Acid industry report is set for significant growth with over the forecast period fueled by factors such as the region's advanced industrial base and strong demand across key application sectors. Countries like Germany, France, and the UK are at the forefront of these developments, driven by stringent environmental regulations and rising consumer awareness regarding eco-friendly materials.

U.K. Aspartic Acid Market Analysis

The U.K. Aspartic Acid industry report is driven by the increasing adoption of aspartic acid across key industries such as food and beverages, pharmaceuticals, and agriculture. With ongoing innovation and government support for sustainable materials and healthier food options, the U.K. is expected to remain a significant market for aspartic acid within Europe, offering growth opportunities for both domestic and international manufacturers.

Asia Pacific Aspartic Acid Market Analysis

The Asia Pacific Aspartic Acid industry report is driven by rise of the middle class and disposable income, the demand for health products and organic products is increasing. Additionally, the increasing focus on sustainability and biodegradable materials has led to the growing use of aspartic acid in the production of biodegradable polymers in the region.

Based on the provided market data, Vantage Market Research offers customizations in the reports to meet the specific needs of clients.

Aspartic Acid Market Trends

  1. Increasing Demand for Artificial Sweeteners: With the rising global health consciousness and preference for low-calorie foods, aspartic acid's role in the production of aspartame, a popular artificial sweetener, continues to grow
  2. Shift Toward Sustainable and Biodegradable Materials: Aspartic acid's use in biodegradable polymers is gaining momentum, driven by environmental concerns and the growing need for eco-friendly alternatives in industries such as plastics and agriculture
  3. Growing Pharmaceutical Applications: The expanding pharmaceutical sector is adopting aspartic acid in drug formulations, including its use in the synthesis of certain therapeutic compounds and dietary supplements
  4. Technological Advancements in Production: Innovation in production processes, such as fermentation-based methods, is leading to more cost-effective and environmentally friendly production of aspartic acid, improving market accessibility
  5. Health-Conscious Consumer Behavior: The growing trend of healthier eating habits, including sugar reduction, is influencing the demand for aspartic acid-based sweeteners and supplements, contributing to market expansion

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Market Dynamics

Market Drivers for Aspartic Acid Market

Rising demand of dietary supplements

The demand for dietary supplements is rising as consumers become more aware of and accepting towards these products. Available in various forms such as powders, meals, and capsules, dietary supplements are increasingly popular. Aspartic acid plays a key role in boosting testosterone levels, enhancing muscle mass, and improving strength in men. With the growing global population, the demand for food and dietary supplements is expected to increase, especially in the fitness sector. This rising demand is anticipated to significantly drive the growth of the Aspartic Acid market industry.

Growing Demand for Sports Nutrition Products

Aspartic acid is used in various sports nutritional products. In addition, the increasing demand for various kinds of protein bars, energy drinks and dietary supplements among bodybuilders and athletes is one of the main factors driving the growth of the Aspartic Acid Market industry. The rise in disposable income and the rapid speed of urbanization have also driven the market. Moreover, the consumption of these items has increased among recreational and lifestyle consumers due to increased health awareness. These items are sold across various retail outlets, such as large retail & mass merchandisers, small retailers, pharmacy & specialty stores and various online retailers.

Market Opportunity for Aspartic Acid Market

Emerging investments to promote bio-economy across the world

The bio-economy focuses on the sustainable use of biological resources for the production of food, energy, and industrial products, including biodegradable chemicals. Aspartic acid, derived from renewable resources through fermentation processes, aligns well with this shift toward sustainability. As governments and private companies invest in bio-based innovations and the development of eco-friendly alternatives, aspartic acid is gaining traction for its applications in industries like biodegradable plastics, food additives, and pharmaceuticals.

Competitive Landscape

The Aspartic Acid market report is characterized by the presence of both established players and emerging companies, each strive for market share through product innovation, strategic partnerships, and geographic expansion. Industry giants like Evonik Industries AG, Prinova Group LLC, Iris Biotech GmbH, ChemPep Inc, Tocris Biosciences, Flexible Solutions Inc, AnaSpec Inc, Kyowa Hakko Bio Co. Ltd. These key players are focusing on improving production techniques, such as fermentation-based methods, to ensure sustainability and cost-effectiveness. Strategic collaborations, mergers, and acquisitions are also common in this market as companies aim to expand their market presence and diversify their product offerings.

The key players in the global Aspartic Acid market report include - Evonik Industries AG, Prinova Group LLC, Iris Biotech GmbH, ChemPep Inc, Tocris Biosciences, Flexible Solutions Inc, AnaSpec Inc, Kyowa Hakko Bio Co. Ltd among others.

Recent Market Developments

Evonik and Shandong Vland Biotech form JV in China with focus on gut health products for animals

  • In October 2023, Evonik China Co., Ltd and Shandong Vland Biotech Co., Ltd agreed to build a joint venture to expand their presence in gut health solutions products for farm animals globally. Evonik will be the majority shareholder in this joint venture with 55 percent of the shares. The joint venture, called Evonik Vland Biotech (Shandong) Co., Ltd. will have its headquarters in Binzhou, China, and is planned to enter the market in Q1/2024.

Evonik strengthens competitiveness of its Animal Nutrition business

  • In April 2023, Evonik is transforming the operating model of its Animal Nutrition business to further increase its customer focus, ensure competitiveness and enable further profitable growth. Moving forward, the amino acids business and the specialty nutrition business will operate separately and according to different models - in line with their respective requirements and market conditions

The global Aspartic Acid market can be categorized as Product, Application, and Region.

Parameter Details
Segments Covered

By Product

  • L-Aspartic Acid
  • D-Aspartic Acid
  • DL-Aspartic Acid

By Application

  • Feed Supplements
  • Medicine
  • Polyaspartic Acid
  • Aspartame
  • L-Alanine
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Evonik Industries AG
  • Prinova Group LLC
  • Iris Biotech GmbH
  • ChemPep Inc
  • Tocris Biosciences
  • Flexible Solutions Inc
  • AnaSpec Inc
  • Kyowa Hakko Bio Co. Ltd
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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Vantage Market Research | 06-Feb-2025
FAQ
Frequently Asked Question
  • The global Aspartic Acid valued at USD 112.4 Million in 2024 and is expected to reach USD 189.5 Million in 2035 growing at a CAGR of 6.7%.

  • The prominent players in the market are Evonik Industries AG, Prinova Group LLC, Iris Biotech GmbH, ChemPep Inc, Tocris Biosciences, Flexible Solutions Inc, AnaSpec Inc, Kyowa Hakko Bio Co. Ltd.

  • The market is project to grow at a CAGR of 6.7% between 2025 and 2035.

  • The driving factors of the Aspartic Acid include

  • North America was the leading regional segment of the Aspartic Acid in 2024.