5-ALA market was valued at US$ 163.4 million in 2022 and is anticipated to reach US$ 338.3 million by 2029, witnessing a CAGR of 10.7% - Valuates reports

5-ALA market was valued at US$ 163.4 million in 2022 and is anticipated to reach US$ 338.3 million by 2029, witnessing a CAGR of 10.7% during the forecast period 2023-2029.

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5-Aminolevulinic acid, an endogenous non-proteinogenic amino acid, is the first compound in the porphyrin synthesis pathway, the pathway that leads to heme in mammals, as well as chlorophyll in plants. 5ALA is used in photodynamic detection and surgery of cancer.
The 5-ALA market covers Purity 98%, Purity 95%, etc. The typical players include Sobeo Biotech, Xinlian Biochemical, NMT Biotech, Natural Field, etc.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global 5-ALA key players include NMT Biotech, Natural Field, SBI Pharmaceuticals, Shanghai Fudan-zhangjiang Bio-Pharmaceutical, Medac GmbH, etc. Global top 3 manufacturers hold a share about 55%. APAC is the largest market, with a share about 65%, followed by Europe and Americas, have a share over 28 percent. In terms of Production, purity 98% is the largest segment, with a share over 78%. And in terms of Application, the largest application is medicine, followed by agriculture, etc.

This report aims to provide a comprehensive presentation of the global market for 5-ALA, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5-ALA.
The 5-ALA market size, estimations, and forecasts are provided in terms of output/shipments (Kg) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global 5-ALA market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the 5-ALA manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
Purity 98%
Purity 95%
Others

Segment by Application
Agriculture
Medicine
Chemicals For Daily Use
Others

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