L-Arginine Market
The Global L-Arginine market size is anticipated to exceed USD 812.3 Million in terms of revenue from USD 449.4 Million in 2019, exhibiting a growth rate of 6.7% through 2027. The market growth is driven by rising health awareness and increasing disposable income in emerging economies, along with growing product demand as a dietary supplement.
As a health supplement, L-arginine is beneficial for various conditions like migraine inflammation and even cardiovascular conditions. It also aids in easing the peripheral arterial disease symptoms angina and improves the overall health of individuals with heart conditions. L-Arginine is generally prescribed to HIV affected individuals due to its immune-boosting effect. Increased demand and consumption of the product for combating several diseases and symptoms may foster L-arginine industry size over the analysis period.
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L-Arginine Market Dynamics
L-arginine is witnessing high demand as a health supplement as well as for pharmaceutical use. The increasing pharmaceutical application will boost product demand through 2027. It is widely for a variety of medical applications, including pregnancy-associated complications, recovery after surgery, pre-eclampsia, heart & blood vessel-related conditions, coronary artery disease, high blood pressure, chest pain/angina, and peripheral vascular disease, among others.
L-Arginine is also experiencing elevated demand for the formulation of personal care and cosmetic products owing to benefits like protecting skin from free radicals, skin hydration, and enhanced collagen production. The personal care & cosmetic applications of L-arginine is estimated to grow at 6.9% through 2027. Extensive product application will positively impact industry growth over the coming years.
However, lack of production technology, high cost of instruments, and lack of laboratory technicians, especially in emerging economies, may restrain the industry growth.
L-Arginine Market: Regional Outlook
In the regional landscape, the Asia Pacific region accounted for the largest market revenue share in 2019 and is estimated to exhibit a CAGR of 7.5% through 2027. The robust growth can be attributed to the rising level of disposable income in emerging economies, inclination towards a healthy lifestyle, and increased consumption of dietary supplements.
The North American region is likely to contribute significantly to the industry share with a growth rate of 6.1% through 2027, owing to growing consumer health awareness. Followed by North America, Europe is projected to witness a growth rate of 6.4% during the analysis period.
Major players in the L-Arginine Market
- Evonik Industries AG
- Ajinimoto Group Inc.
- Daesang Corporation
- Wuxi Jinghai Amino Acid Co. Ltd.
- Jing Jing Pharmaceutical Co Ltd.
- CJ Cheiljedang Corporation
- Kirin Holdings Company
- Biological Engineering Co.
- Xintai Jiahe Biotech Co. Ltd.
- Shine Star
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Impact of COVID-19 on L-Arginine Market
The current coronavirus pandemic is affecting the global economy by directly impacting demand & production and by creating a major supply chain and market disruption. The food and beverage industry is hard hit by the pandemic and holds a major chunk of the L-arginine market share. However, rising health concerns amid the current pandemic are boosting the demand for dietary supplements, which, in turn, may favor L-arginine industry growth over the forecast period. The solution to various multi-layered uncertainties experienced by product manufacturers and industries involved in the supply chain are covered in this research report.
Regional analysis includes
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Report Highlights:
- Detailed overview of the parent market
- In-depth L-Arginine market segmentation
- Changing L-Arginine market dynamics in the industry
- Historical, present, and projected L-Arginine market size in terms of value and volume
- Recent positive market trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Segments, sub-segments, and geographical regions exhibiting promising growth
- A neutral perspective on the L-Arginine market
L-Arginine Market: Segmentation
This report shows the revenue growth at global, regional, and country levels to provide an analysis of the market trends in each segment and sub-segment from 2017 to 2027. For this study, Reports and Data has segmented the global L-Arginine market on the basis of grade, distribution channel, application, and region:
Grade Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
- Food Grade
- Pharmaceutical Grade
Distribution Channel Outlook (Volume, Kilo Tons; Revenue USD Million; 2017-2027)
- Online
- Offline
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
- Dietary Supplements & Nutrition
- Pharmaceutical
- Personal Care & Cosmetics
Read News About "L-Arginine Market Research Report: Industry Analysis by Grade, Distribution Channel, Application, and Segments: Forecast 2016-2027" @ https://www.globenewswire.com/news-release/2020/03/18/2002935/0/en/L-Arginine-Market-To-Reach-USD-812-3-Million-By-2027-Reports-and-Data.html
