Beta-Alanine Market size is forecast to reach $90 million by 2025 after growing at a CAGR of 5% during 2020-2025. Beta-Alanine are industrially produced as a result of reaction between ammonia and beta-propiolactone. It is a form of beta amino acid. The growth of the market of beta-alanine is expected to be driven by the high demand from the Medical and healthcare industry. The other growth factor is food and Beverage industry which is using beta-alanine for imitation of mushroom and to fortify flavorings in gravies & other substances.
Asia-Pacific dominates the beta-alanine market owing to increasing demand from medical and health care industry.
Rising importance of healthy lifestyles is driving the growth of the beta-alanine market.
High dose of beta-alanine will create health issues are likely to hinder the market growth of beta-alanine.
By Application – Segment Analysis
Feed Additives application held the largest share in the beta-alanine market in 2019. Feed additives play an increasingly important role in animal nutrition. The livestock producers seek new sustainable and natural ways to enhance performance, improve gut health, optimize feed conversion, reduce and replace antibiotic growth promoters in feed, and address consumer demands so, beta-amines based feed based is good option for them. Beta-Alanine accounting for more than 40% of the global feed additives market. With the industrialization of the animal feed sector, the use of feed additives has been increasing over the years. The price volatility of natural feed sources during the past decade leads to an increment in the usage of different feed additives in the animal feed industry. Industrialization of the livestock, feed, and processed meat industry has necessitated the application of feed additives, as they act as a supplement, nutrient enhancer, feed conditioner, with all required essential elements for optimum growth of the animals.
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Drivers – Beta-Alanine Market
Increase in Health and Fitness Trends Boosts the Demand for Beta-Alanine
Increasing awareness regarding protein health benefits
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the beta-alanine market. Major players in the beta-alanine market are Optimum Nutrition, Now Foods, ALLMAX Nutrition, Six Star, Primaforce and others.
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