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Report overview
The global Beta-Alanine market was valued at 66.65 Million USD in 2021 and will grow with a CAGR of 4.3% from 2021 to 2027.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Beta-alanine is a white powder, dissolved in water, soluble in methanol and ethanol, insoluble in ether and acetone. And it is a non-essential amino acid and is the only naturally occurring beta-amino acid. Beta-alanine is widely used as nutrition supplements. It is a naturally occurring nonessential amino acid used to increase intramuscular muscle carnitine (not to be confused with carnitine), which plays a role in the ability of muscle tissue to contract. It can be used in pharmaceutical, food and feed additives, etc.China is the largest production beta-alanine countries. The production of beta-alanine is mainly focuses on Shandong Province. For production, the China production of beta-alanine will reach 4510.9 MT by the end of year 2015. For demand market of beta-alanine, there is also a certain space in the next few years. Beta-alanine is used in a wide variety of industrial applications. The major uses are in the health care products, food additives, pharmaceutical, feed additives and other industries. EU, US and China are the main consumption areas. Although sales of beta-alanine brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group does not recommend taking risk to enter this market.
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