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Global L-Histidine Market Size By Grade, By Source, By Application, By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global L-Histidine Market Size By Grade, By Source, By Application, By Geographic Scope And Forecast

L-Histidine Market Size And Forecast

L-Histidine Market size was valued at USD 640.1 Million in 2023 and is projected to reach USD 950.1 Million by 2030, growing at a CAGR of 6.8% during the forecast period 2024-2030.

Global L-Histidine Market Drivers

The market drivers for the L-Histidine Market can be influenced by various factors. These may include

  • Increasing Need for PharmaceuticalsL-histidine is a component of parenteral nutrition formulations and is used in the pharmaceutical business to produce medications. The market for L-histidine may be significantly influenced by the need for medications.
  • Growing Knowledge of Nutrition and HealthThe market for L-histidine-containing supplements and functional foods may rise in response to growing consumer awareness of nutrition and health. Customers could look for goods with certain health advantages.
  • Applications of Biotechnology in ResearchL-histidine is frequently employed in biotechnological studies and applications. Increased research activity and biotechnology advancements may raise the need for L-histidine in these industries.
  • The food and beverage sectorL-histidine is added to several food and beverage products as a taste enhancer and food additive. The demand for such ingredients may vary depending on shifts in customer preferences and innovations in the food business.
  • Increase in the Animal Feed SectorIn order to improve the nutritional value of animal feed, L-histidine is occasionally added as a supplement. The demand for amino acids like L-histidine can be impacted by the expansion of the animal feed sector, which is fueled by the rising demand for meat products.
  • Growth in the World PopulationThe demand for many goods, such as medications and dietary supplements that might include L-histidine, may rise as a result of the world’s population growth generally.
  • The regulatory landscapeThe market dynamics for L-histidine may be impacted by modifications to laws governing the use of amino acids in a variety of sectors, such as food and medicine.

Global L-Histidine Market Restraints

Several factors can act as restraints or challenges for the L-Histidine Market. These may include

  • Exorbitant Production CostsThe price of producing L-histidine, which requires purifying procedures and fermentation operations, can have a big impact on market dynamics. L-histidine’s market competitiveness may be hampered by high production costs.
  • Strict RegulationsManufacturers may face difficulties in complying with stringent regulatory requirements and quality control procedures while producing and using amino acids, such as L-histidine. Modifications to regulatory regulations may have an effect on market access and production procedures.
  • Restricted Raw Material SourcesThe most common method for producing L-histidine is fermentation with certain bacteria. The total amount of L-histidine produced and supplied may be impacted by limitations in the cost or availability of raw ingredients for fermentation.
  • Competition from Substitute IngredientsL-histidine may face competition from other substances or amino acids that can provide comparable functions in a range of applications. Alternatives might be selected by customers depending on performance or cost.
  • Saturation of the MarketIncreased competition and less prospects for manufacturer growth may result from a saturated or slowly growing market for items containing L-histidine.
  • Variations in Raw Material PricesPrice volatility for raw materials required to produce L-histidine, such as fermentation substrates, can have an effect on the industry’s overall profitability and cost structure.
  • Tariffs and Trade BarriersThe import and export of L-histidine can be impacted by geopolitical considerations, tariffs, and international trade obstacles, which can impact market accessibility and competitiveness.
  • Fears Regarding Allergenicity or Adverse ReactionsMarket acceptability may be constrained by consumer worries or regulatory scrutiny regarding possible allergies or adverse effects linked to products containing histidine.

Global L-Histidine Market Segmentation Analysis

The Global L-Histidine Market is Segmented on the basis of Grade, Source, Application, and Geography.

L-Histidine Market, By Grade

  • Pharmaceutical Grade L-HistidineUsed in the pharmaceutical industry for the production of drugs and formulations.
  • Food Grade L-HistidineUsed as a food additive and flavor enhancer in the food and beverage industry.
  • Feed Grade L-HistidineUsed as a supplement in animal feed for nutritional purposes.

L-Histidine Market, By Source

  • Fermentation-based L-HistidineProduced through fermentation processes using microorganisms.
  • Synthetic L-HistidineChemically synthesized in laboratories.

L-Histidine Market, By Application

  • PharmaceuticalsUsed in the production of drugs, especially in formulations for parenteral nutrition.
  • Food and BeverageUsed as a food additive and flavor enhancer in various food products.
  • Animal FeedUsed as a nutritional supplement in animal feed.
  • Biotechnology and ResearchUsed in biotechnological applications and research.

L-Histidine Market, By Geography

  • North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
  • EuropeAnalysis of the L-Histidine Market in European countries.
  • Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and AfricaExamining market dynamics in the Middle East and African regions.
  • Latin AmericaCovering market trends and developments in countries across Latin America.

Key Players

The major players in the L-Histidine Market are

  • Angene Chemicals
  • Abi Chemicals
  • Acron Pharma
  • Ajinomoto Co. Inc.
  • Changzhou Highassay Chemical Co. Ltd.
  • Huaheng Biologgical
  • Kyowa Hakko Bio Co. Ltd.
  • My Protein
  • Twin Labs
  • Merck & Co. Inc.
  • Novartis AG
  • Hoffmann-La Roche Ltd
  • Amgen Inc
  • Eisai Co. Ltd.
  • GlaxoSmithKline plc.
  • Pfizer Inc
  • Nordisk A/S

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Million)

Key Companies Profiled

Angene Chemicals, Abi Chemicals, Acron Pharma, Ajinomoto Co. Inc., Changzhou Highassay Chemical Co. Ltd., Huaheng Biologgical, Kyowa Hakko Bio Co. Ltd.

Segments Covered

By Grade, By Source, By Application, and By Geography.

Customization scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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