As per this study the Global Phenylalanine Market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%.
Phenylalanine is an essential amino acid found in protein rich food such as meat, eggs, milk and milk products. In addition, it is also found in mammalian breast milk. It is an important amino acid for synthesis of tyrosine, epinephrine, norepinephrine, and dopamine. The amino acid is used in cosmetics, medicines, food products, and animal feed.
The rising cases with depression, Parkinson’s disease, vitiligo, osteoarthritis and other chronic medical conditions is driving the demand for phenylalanine. The growing demand from healthcare, cosmetics, food & beverage sector is fueling the market growth. Also, rise in per capita income, growing demand for personal care products, increasing demand for nutritional supplements are some of the other factors promoting the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of phenylalanine.
The broad phenylalanine market has been sub-grouped into type, application, and distribution channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Distribution Channel
- Chronic Pain
- Online Pharmacy
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for phenylalanine in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Phenylalanine Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the phenylalanine market include Ajinomoto, Amino Gmbh, Bafeng Pharmaceutical, Daesang, Evonik, Jinghai Amino acid, KYOWA, Livzon Group, Maidan Group, Sino Sweet, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.