Press release
D-Amino Acid Market Development Status and SWOT Analysis by Key Players like Tokyo Chemical Industry Co. Ltd., Yoneyama Yakuhin Kogyo Co. Ltd., Evonik Industries AG, Zhangjiagang Huachang Pharmaceutical Co. Ltd., Central Drug House (P) Ltd.
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With economic development, the demand for cosmetics, and food and beverages is growing exponentially in emerging economies. The growth in end-use industries in APAC countries such as China and India is supporting the D-amino acid market. In the coming years, emerging countries are expected to witness rise in the middle-class population, which will further boost the demand for cosmetics and food items in these countries. Thus, the rising demand for the acid from end-use industries will offer ample growth opportunities to the players operating in the market.
Based on end-use industry, the D-amino acid market is categorized into food and beverages, pharmaceuticals, cosmetics, and animal feed. Of these, the pharmaceuticals industry held a significant share in the market during the historical period, as the product is widely used in the production of a wide range of medicines. Moreover, easy accessibility of medicines is likely to boost the medicine production, which, in turn, would support the market growth during the forecast period.
D-amino acid is a constituent of natural peptides and is produced by microorganisms through the non-ribosomal mechanism. The D-amino acid market is expected to grow on account of the growing usage of the acid in various medicines and food products.
The major factor driving the growth of the D-amino acid market is the rapid expansion of the healthcare sector. The acid is majorly utilized in the production of peptide-based drugs, which possess synthesizing properties and are used in the treatment of tumors and Alzheimer's disease. D-amino acid-based peptides are also used in synthetic peptide anti-pain analgesics and synthetic peptide protease inhibitors, which are used in the field of keratotomy. These acids help in the early detection of Alzheimer's disease. Thus, expansion in healthcare sector, complemented by the increase in the production of peptides, is expected to continue boosting the demand for D-amino acid in the coming years.
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A large number of companies operating in the D-amino acid market have their production facilities in the APAC region. Most of these companies are multinational corporations having significant presence across several countries of the world. Some of the major market players are Sichuan Tongsheng Amino acid Co. Ltd., Tokyo Chemical Industry Co. Ltd., Yoneyama Yakuhin Kogyo Co. Ltd., Evonik Industries AG, Zhangjiagang Huachang Pharmaceutical Co. Ltd., Central Drug House (P) Ltd., Sekisui Medical Co. Ltd., Kyowa Hakkon Kirin Co. Ltd., AnaSpec Inc., and Varsal Chemicals.
The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.
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