Beta-Alanine Market - Forecast(2021 - 2026)

Report Code: CMR 23538 Report Format: PDF + Excel (Delivery in 48 Hrs)
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.

Report Coverage
The report: “Beta-Alanine Market-Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of beta-alanine Industry.

By Product Type: Food Grade Beta-Alanine, Pharmaceutical Grade Beta-Alanine, Feed Grade Beta-Alanine, and Others.
By Application: Nutritional Supplement, Dietary Supplement, Anti-Allergies, Muscle Supplement, Food Additives, Feed Additives, and Others.
By End User: Food and Beverage, Medical, Personal Care, Animal Feed, Chemical, and Others.
By Geography: North America, South America, Europe, APAC, and RoW.

Key Takeaways
  • 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 Product Type - Segment Analysis
Food grade beta-alanine held the largest share in the beta-alanine market in 2019. Food grade beta-alanine is extracted from the food products. Food grade beta-alanine is taken as a nutritional supplement by the body builders. Many of the food and beverage industries in the United States and China are incorporating Food grade beta-alanine to utilized as a food additive for imitation of mushroom and fortify flavorings in gravies and other substances. The growth of Food grade beta-alanine can be taken as directly proportional to the growth of food industry. Some of the larger emerging markets of Food grade beta-alanine are China, India, Russia, Brazil and Japan driving growth, along with U.S. Global GDP growth of 3.5% and 3.6% is expected in 2017 and 2018 respectively however the meteoric growth that outpaces global GDP will be concentrated in countries like China, India and U.S.

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.

By End user - Segment Analysis
The Medical sector has been the primary market for beta-alanine in 2019 growing at CAGR of 6%. Beta-Alanine is used to manufacture the nutritional capsules and pills. It is also often used as a metabolic intermediates in coenzyme, like pantothenic acid .With global health spending expected to rise, it will likely present many opportunities for the medical sector. Among these the growing and aging population, rising prevalence of chronic diseases are major drivers in the growth of medical sector globally.  In the United States, overall spending growth is driven by a range of factors including new product uptake and brand pricing, while it is offset by patent expiries and generics. Medicine spending in Japan totaled $86 billion in 2018. In Europe, cost-containment measures and less growth from new products contribute to growth of 1−4%, compared to the 4.7% compound annual growth seen over the past five years. Medical spending in China reached $137 billion in 2018 and is expected to reach $140−170 billion by 2023, but its growth is likely to 3−6%.  

Geography - Segment Analysis
APAC dominates the beta-alanine market with a share of 43% followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth in the food and chemical industries. Increasing awareness regarding protein health benefits among youth and rising importance of active lifestyles are major factors which drive the growth of beta-alanine market. Growth in pharmaceutical sector and rapid urbanization are other factors which supplement market growth of beta-alanine. The 2019–2020 coronavirus pandemic has had far-reaching consequences beyond the spread of the disease and efforts to quarantine it. As the pandemic has spread around the globe, concerns have shifted from supply-side manufacturing issues to decreased business. The current epidemic outbreak has deeply influenced consumers' daily life and in addition to the impact on food and personal care. It is estimated that changes will also be witnessed in consumers' purchase behavior. The supply chain of food industry is affected because it depends on the products, ingredients, or supplies from China. The Country has been choked off from suppliers, workers, and logistics networks. China’s manufacturing base is facing a multitude of unprecedented challenges, as coronavirus containment efforts hamper factories’ attempts to reopen. This may cause shortages in the global food industry and sourcing from unreliable places.

Drivers – Beta-Alanine Market
  • Increase in Health and Fitness Trends Boosts the Demand for Beta-Alanine
The increase in the elderly population is anticipated to serve as a driver for the beta-alanine market. As age increases, there is a loss of skeletal muscle mass and muscle function. The elderly population may have less carnosine concentration as compared to the youth population. Therefore, the elderly population is expected to incline towards the use of beta-alanine supplements to maintain the carnosine levels and to improve muscle strength.  Thus, the global increase in the elderly population is anticipated to serve as a driver for the beta-alanine market.

  • Increasing awareness regarding protein health benefits
Protein is an important component of every cell in the body. Hair and nails are mostly made of protein. Body uses protein to build and repair tissues, make enzymes, hormones, and other body chemicals. Protein is an important building block of bones, muscles, cartilage, skin, and blood. Rise in the protein intake among the population, increasing awareness regarding protein health benefits among youth and rising importance of active lifestyles are major factors which drive the growth of beta-alanine market.

Challenges – Beta-Alanine Market
  • High dose of beta-alanine cause severe damage in the human body 
High dose of beta-alanine can cause taurine deficiency and paresthesia, a potentially uncomfortable tingling of skin which usually affect face, abdomen & chest. In some cases it will affect the internal organ. This can hinder the market growth of beta-alanine.

  • Beta-Alanine is unsafe for pregnant women which will hinder the growth of market
Beta-alanine in unsafe for pregnant woman. It leads to some severe health issues. Higher dose may cause casualty of the un-born baby. Thus beta-alanine are not being advisable to the patients. There substitutes are available in the market. This factor will hinder the growth of the market in the forecast period.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the beta-alanine market. In 2019, the market of beta-alanine has been consolidated by the top five players accounting for xx% of the share. Major players in the beta-alanine market are Optimum Nutrition, Now Foods, ALLMAX Nutrition, Six Star, Primaforce and others.

Acquisitions/Technology Launches/ Product Launches
  • In January 2018, 4Plus Nutrition has launched Beta-Alanine+ Dietary supplement in powder form based on beta Alanine of the CarnoSyn brand, effective to combat muscle fatigue and improve physical performance in sports activities involving aerobic, anaerobic or mixed metabolism.

1. Beta-Alanine Market- Market Overview
    1.1 Definitions and Scope 
2. Beta-Alanine Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Product Type 
    2.3 Key trends by Application
    2.4 Key trends by End User
    2.5 Key trends by Geography
3. Beta-Alanine Market – Landscape 
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Beta-Alanine Market - Startup companies Scenario Premium (Premium)
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Beta-Alanine Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis – Top 10 companies Investment
6. Beta-Alanine Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Beta-Alanine Market -Strategic analysis 
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Beta-Alanine Market – By Product Type (Market Size -$Billion, KT)
    8.1 Food Grade Beta-Alanine
    8.2 Pharmaceutical Grade Beta-Alanine
    8.3 Feed Grade Beta-Alanine
    8.4 Others
9. Beta-Alanine Market – By Application (Market Size -$Billion, KT)
    9.1 Nutritional supplement 
    9.2 Dietary supplement
    9.3 Anti-Allergies
    9.4 Muscle Supplement
    9.5 Food Additives
    9.6 Feed Additives
    9.7 Others
10. Beta-Alanine Market – By End User (Market Size -$Billion, KT)
    10.1 Food and Beverage
    10.2 Medical
    10.3 Personal Care
    10.4 Animal Feed
    10.5 Chemical
    10.6 Others/
11. Beta-Alanine Market - By Geography (Market Size -$Billion, KT)
    11.1 North America
        11.1.1 U.S
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Chile
        11.2.5 Rest of South America
    11.3 Europe
        11.3.1 UK
        11.3.2 Germany
        11.3.3 France
        11.3.4 Italy
        11.3.5 Netherland
        11.3.6 Spain
        11.3.7 Russia
        11.3.8 Belgium
        11.3.9 Rest of Europe
    11.4 Asia-Pacific
        11.4.1 China
        11.4.2 Japan
        11.4.3 India
        11.4.4 South Korea
        11.4.5 Australia and New Zeeland
        11.4.6 Rest of APAC
    11.5 Rest of the World
        11.5.1 Middle East
   Saudi Arabia
   Rest of the Middle East
        11.5.2 Africa
   South Africa
   Rest of Africa
12. Beta-Alanine Market - Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Beta-Alanine Market Share Analysis (Premium)
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category- Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. Beta-Alanine Market- List of Key Companies by Country (Premium)
15. Beta-Alanine Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments 
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Beta-Alanine Market Size 2018
2 Canada Beta-Alanine Market Share 2018
3 Brazil Beta-Alanine Market Outlook 2019 - 2023
4 Mexico Beta-Alanine Market Research 2018
5 Germany Beta-Alanine Market Trends 2019 - 2023 
6 France Beta-Alanine Market Growth 2019 - 2023 
7 UK Beta-Alanine Market Demand 2019 - 2023 
8 Italy Beta-Alanine Market Segmentation 2018
9 Russia Beta-Alanine Market Analysis 2019 - 2023
10 China Beta-Alanine Market Revenue 2019 - 2023
11 Japan Beta-Alanine Market Volume 2019 - 2023
12 South Korea Beta-Alanine Market Potential 2019 - 2023
13 India Beta-Alanine Market Leaders 2018
14 Saudi Arabia Beta-Alanine Market Forecast 2019 - 2023 
15 Kuwait Beta-Alanine Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link