Press release
Global Beta-Alanine Market to Witness a Pronounce Growth During 2023
Beta-alanine is a white powder, dissolved in water, soluble in methanol and ethanol, insoluble in ether and acetone. And it is a non-essential amino acid and is the only naturally occurring beta-amino acid. Beta-alanine is widely used as nutrition supplements. It is a naturally occurring nonessential amino acid used to increase intramuscular muscle carnitine (not to be confused with carnitine), which plays a role in the ability of muscle tissue to contract. It can be used in pharmaceutical, food and feed additives, etc.
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Global Beta-Alanine Market: Forecast by Type / Application / Region
China is the largest production beta-alanine countries. The production of beta-alanine is mainly focuses on Shandong Province. For production, the China production of beta-alanine will reach 4510.9 MT by the end of year 2015. For demand market of beta-alanine, there is also a certain space in the next few years.
Beta-alanine is used in a wide variety of industrial applications. The major uses are in the health care products, food additives, pharmaceutical, feed additives and other industries. EU, US and China are the main consumption areas.
Although sales of beta-alanine brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group does not recommend taking risk to enter this market.
Over the next five years, LPI(LP Information) projects that Beta-Alanine will register a 4.7% CAGR in terms of revenue, reach US$ 83 million by 2023, from US$ 64 million in 2017.
Global Beta-Alanine Market: Key Players
Yuki Gosei Kogyo
Xinfa Pharmaceutical
Wuhan Microsen Technology
Yangzhou Baosheng Bio-Chemical
Huaheng Biotech
Haolong Biotechnology
Zhangjiagang Specom Biochemical
Huachang Pharmaceutical
ShangHai HOPE Industry
Sanhuan Chem
Shandong Yangcheng Biotech
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Related Information:
United States Beta-Alanine Market Research Report 2018
Europe Beta-Alanine Market Research Report 2018
North America Beta-Alanine Market Research Report 2018
Asia-Pacific Beta-Alanine Market Research Report 2018
China Beta-Alanine Market Research Report 2018
EMEA Beta-Alanine Market Research Report 2018
Global Beta-Alanine Market Research Report 2018
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