Global L-Arginine Market Forecasts and Analysis Report 2022-2027 Featuring Ajinomoto, KYOWA, Evonik, Daesang, Jingjing, Jinghai Amino Acid, Jiahe Biotech, Shine Star, Longteng Biotech – ResearchAndMarkets.com
May 16, 2022DUBLIN–(BUSINESS WIRE)–The “Global L-Arginine Market, By Type, Application & By Region – Forecast and Analysis 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global L-arginine market was valued at USD 135.19 Million in 2021, and it is expected to reach a value of USD 155.59 Million by 2027, at a CAGR of more than 2.37% over the forecast period (2022 – 2027). L-arginine is a type of amino acid. The L-form is one of the 20 most common natural amino acids.
A nonessential amino acid in humans, L-Arginine is a substrate of nitric oxide synthase, which is converted to L-citrulline and nitric oxide (NO). It is widely used as an ingredient in dietary supplements, infusions, and infant formulas. The market for amino acids has expanded rapidly in recent years, due to worldwide growth in the pharmaceutical, medical, and healthcare markets, and this trend is expected to continue.
The amino acid market in the Asian region, in particular, is growing rapidly due to the Westernization of lifestyles, as well as population growth and economic development. L-arginine is widely used in dietary supplements and nutraceuticals to increase nitric oxide activity, owing to this it is largely adopted by athletes for improving physical exercise capacity.
The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period.
Players in this market adopted various strategies to expand their global footprint and augment their market share. The key strategies followed by most companies in the global L-Arginine market were agreements and collaborations, mergers and acquisitions, and expansion.
Aspects covered in this report
- Based on type, this market is segmented into Food Grade and Pharma Grade.
- Based on application, this market is categorized into supplements & nutrition, pharmaceuticals, and cosmetics.
- Based on region, this market is categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA).
The major players operating in this market include
- Ajinomoto group
- KYOWA
- Evonik
- Daesang
- Jingjing
- Jinghai Amino Acid
- Jiahe Biotech
- Shine Star (Hubei) Biological Engineering
- Longteng Biotech
For more information about this report visit https://www.researchandmarkets.com/r/2mgb4n
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