Worldwide Markets for D-amino Acid by Product and Application - Forecast to 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “D-amino acid - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global D-amino acid market accounted for $148.2 million in 2017 and is expected to reach $258.8 million by 2026 growing at a CAGR of 6.4% during the forecast period.
Rise in production of peptides in pharmaceutical applications, high occurrence of chronic diseases & the need to diagnose such diseases and increasing adoption of advanced technologies are some of the factors driving the market growth. However, increase in the cost of raw materials is restraining the market growth.
By application, pharmaceutical segment is likely to witness highest share over the forecast period. D-amino acids are mainly employed in physiological and medical applications such as neurotransmission and hormonal regulation. These D-amino based peptides possess producing characteristics and are used in the treatment of Alzheimer’s disease and tumors. Demand in usage of peptides in pharmaceutical applications is anticipated to enhance the requirement of D-amino acid.
Based on geography, Asia Pacific is dominating the market during the forecast period. Growth of this market is influenced by the rising use of D-amino acids, presence of huge amount of producers and processors in the pharmaceutical industry. Fast industrialization and development of pharmaceutical manufacturing and processing plants in China and Japan are projected to drive the demand for D-amino acid in these regions.
Products Covered:D-Valine D-Leucine D-Phenylalanine D-Alanine D-Glutamic Acid D-Tryptophan D-Methionine D-Threonine D-Aspartic Acid Other Products
Applications Covered:Cosmetic Food Pharmaceutical Animal Feed Other Applications
Companies Profiled:Eonik Industries AG Tokyo Chemical Industry Co. Sekisui Medical Co. Ltd. Kyowa Hakkon Kirin Co. Ltd. Biological E Ltd. AnaSpec Inc. AstraZeneca PLC IRIS Biotech GmbH Varsal Chemicals Sichuan Tongsheng Amino Acid Co. Ltd. Zhangjiagang Huachang Pharmaceutical Co. Central Drug House (P) Ltd. Yoneyama Yakuhin Kogyo Co.
For more information about this report visit https://www.researchandmarkets.com/research/x9wsdh/worldwide_markets?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005277/en/
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 01/18/2019 09:47 AM/DISC: 01/18/2019 09:47 AM