The global demand for Functional Acids Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2020 with a CAGR of X.XX% under the study period of 2019- 2026.
The functional acids have positive effects on body functions and conditions. The functional acids play a crucial role in the development of both animals and humans including regulation of the digestive system, cardiovascular system, nervous system, immune system and many more. It can also regulate key metabolic pathways to improve health, growth, development and reproduction of animals and humans. This metabolic pathway may involve protein synthesis, antioxidative reactions and oxidation of energy substrates. The biofunctional amino acids contain peptides with satiety consisting antimicrobial, anti-cancer, stress-relieving properties and others. The omega -3 and probiotics are mostly used for various functional foods production which includes yogurt, eggs, bread and others. These acids have high demand in dietary supplements and nutraceutical products.
Rising geriatric population along with increasing demand for supplements and functional foods are the key factors for the growth of the global functional acids market. In addition to this, rising awareness towards health consciousness, owing to growing demand for nutritional and fortifying food additives are expected to propel the market growth during the forecast period. Though, consumers turn towards adopting dietary supplements and nutritional content in food items has created ample opportunities for functional acids market in the upcoming year. However, the steady pricing in the market may hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each source, type, therapeutic area, application and end user segment in the global market of functional acids.
The entire functional acids market has been sub-categorized into source, type, therapeutic area, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Therapeutic area
- Amino Acids
- Fatty Acids
- Mono Unsaturated Fatty Acids
- Poly Unsaturated Fatty Acids
- Saturated Fatty Acids
- Cardiovascular System
- Nervous System
- Gastrointestinal System
- Immune System
- Anti-Diabetic Peptides
- Multifunctional Peptides
By End user
- Sports Nutrition
- Weight Management
- Digestive Health
- Clinical Nutrition
- Others (Immunity, Cardio Health)
- Food & Beverage Industry
- Dietary Supplements & Nutraceuticals
- Cosmetics & Personal Care Products
This section covers regional segmentation which accentuates on current and future demand for functional acids market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Functional Acid Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the functional acids market include Merck KGaA, Seagarden AS, WN Pharmaceuticals Ltd., Arlak Biotech Pvt. Ltd., Ashland Inc., ALEXIS Corporation, American Peptide Company Inc., Promega Corporation, Advanced Bioconcept Company, Thermo Fisher Scientific, Novo Nordisk A/S, Alltech Inc., Bioprocess Algae LLC., Cellana LLC, and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.