Phenylalanine Market Outlook

The global phenylalanine market reached USD 660 Mn in 2021. The demand for phenylalanine in the market is estimated to reach USD 675 Mn by 2022, expanding at a CAGR of nearly 3% to 4% during the forecast period 2022 to 2032.

Driven by the growing applications across the animal feed and dietary supplement sectors, the sales of phenylalanine are projected to surpass a valuation of USD 850 Mn by the end of 2032.

Report Attribute Details
Phenylalanine Market Base Year Value (2021) USD 660 Million
Phenylalanine Market Expected Value (2022) USD 675 Million
Phenylalanine Market Anticipated Value (2032) USD 850 Million
Phenylalanine Market Projected Growth Rate (2022 to 2032) 3% to 4% CAGR

Phenylalanine also referred to as (S)-2-amino-3-phenylpropanoic acid, is a type of amino acid that is naturally found in a number of foods such as peanuts, meat, breast milk of mammals, and others. It is an essential amino acid that is not made in the body and has to be consumed from external food sources.

There are 3 types of phenylalanine - L- phenylalanine, which is naturally sourced from foods, D-phenylalanine, which is fabricated unnaturally in medical facilities, and DL-phenylalanine, which is a combination of the above two phenylalanine types.

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What are the Leading Opportunities Creating Sales Prospects in the Global Phenylalanine Market?

Due to growing stressed lifestyle and decreasing emotional stability in individuals, there is a significant rise in the prevalence of mental disorders such as depression, anxiety, and others across the globe, resulting in bolstering the demand for associated therapeutics solutions.

For instance, according to a study by the World Health Organization, around 280 million people worldwide, or nearly 3.8% of the global population were reported to be suffering from depression in the year 2021, making it one of the most common mental illnesses in the world.

As phenylalanine plays a crucial role in increasing production of dopamine in the human body, chemical which assists in improving moods, it is increasingly being used in the treatment of these disorders. Hence, increasing burden of mental illnesses is anticipated to augment the sales of phenylalanine in the global market.

Which are Key Constraints Impeding the Demand for Phenylalanine in the Global Market?

Although there are several advantages associated with the use of phenylalanine, adverse effects related to this amino acid such as heartburn, constipation, dizziness, sedation, and trouble breathing among others are hindering the sales of phenylalanine in the market.

High cost, inclination towards natural additives, and complex production process of d-phenylalanine are hampering the growth in the d-phenylalanine segment.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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What are the Drivers Elevating the Sales of Phenylalanine in the North America Market?

As per a study by FMI, North America is estimated to account for the maximum sales in the global phenylalanine market during the forecast period 2022-2032.

Over the past couple of years, a substantial increase in incidences of joint disorder and chronic pain is being witnessed across North America, due to the dwindling immunity and soaring aged population.

According to the National Health Interview Survey, approximately 50.2 Mn adults, or around 20.5% of the population in the U.S. were reported to be suffering from chronic pain on most days in 2019.

Phenylalanine plays a curtail role in the treatment of these ailments, owing to its pain-relieving properties, growing prevalence of such conditions is projected to favor the growth in the North America market.

Why is the Demand for Phenylalanine in the East Asia Market Rising at Robust Pace?

East Asia is expected to emerge as a highly remunerative market for phenylalanine from 2022 to 2032, reveals Future Market Insights.

Demand for phenylalanine is rapidly increasing across the personal care and cosmetics industry, on account of its ability to increase melanin production, brighten skin tone, and reduce aging symptoms. Attributed to this, it is extensively being used in the production of face creams, moisturizers, anti-aging serums, eye treatments, sunscreens, and others.

Hence, increasing sales of above-mentioned products across the countries such as China, Japan, and South Korea, driven by the rising emphasis on enhancing facial aesthetics, is anticipated to augment the demand in the East Asia market.

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Market Competition

Some of the leading players in the phenylalanine market are Ajinomoto, Daesang, KYOWA, Evonik, Amino GmbH, Maidan Group, Livzon Group, Sino Sweet, Bafeng Pharmaceutical, Jinghai Amino acid, JIRONG PHARM, Jiahe Biotech, Siwei Amino Acid, Xiyue Pharmaceuticals, Dongchen Bio Engineering, and others.

Prominent players in the global phenylalanine market are focusing on production capacity expansion and merger & acquisition to increasing their share in the highly competitive market.

Report Scope

Report Attribute Details
Growth Rate CAGR of 3% to 4% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2020
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered Form, Grade, End Use Industry, Region
Countries Covered North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Companies Profiled Ajinomoto; Daesang; KYOWA; Evonik; Amino Gmbh; Maidan Group; Livzon Group; Sino Sweet; Bafeng Pharmaceutical; Jinghai Amino acid; JIRONG PHARM; Jiahe Biotech; Siwei Amino Acid; Xiyue Pharmaceuticals; Dongchen Bio Engineering; Others
Customization Available Upon Request

Key Segments Profiled in the Phenylalanine Market Survey

By Form:

  • D-Phenylalanine
  • L-Phenylalanine
  • DL-Phenylalanine

By Grade:

  • Food Grade
  • Pharmaceutical Grade
  • Nutritional Grade
  • Cosmetic Grade

By End Use Industry:

  • Food & Beverage
  • Medical
  • Animal Feed
  • Dietary Supplements
  • Cosmetics & Creams
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Frequently Asked Questions

What is the sales forecast for phenylalanine in the global market until 2032?

FMI projects the sales of phenylalanine in the market is expected to rise at 3% to 4% value CAGR by 2032.

Which region is forecast to be the most lucrative for phenylalanine market growth?

The global phenylalanine market is anticipated to be dominated by North America over the forecast period 2022-2032.

Which are some leading phenylalanine manufacturers?

Ajinomoto, Daesang, KYOWA, Evonik, Amino GmbH, Maidan Group, Livzon Group, Sino Sweet, Bafeng Pharmaceutical, Jinghai Amino acid, JIRONG PHARM, Jiahe Biotech, Siwei Amino Acid, Xiyue Pharmaceuticals, Dongchen Bio Engineering, and others some of the leading players in the global phenylalanine market.

Table of Content
	1. Executive Summary
	2. Industry Introduction, including Taxonomy and Market Definition
	3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
	4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
	5. Pricing Analysis
	6. Global Market Analysis and Forecast
		6.1. By Form
		6.2. By Grade
		6.3. By End Use Industry
	7. Global Market Analysis and Forecast, By Form
		7.1. D-Phenylalanine
		7.2. L-Phenylalanine
		7.3. DL-Phenylalanine
	8. Global Market Analysis and Forecast, By Grade
		8.1. Food Grade
		8.2. Pharmaceutical Grade
		8.3. Nutritional Grade
		8.4. Cosmetic Grade
	9. Global Market Analysis and Forecast, By End Use Industry
		9.1. Food & Beverage
		9.2. Medical
		9.3. Animal Feed
		9.4. Dietary Supplements
		9.5. Cosmetics & Creams
		9.6. Others
	10. Global Market Analysis and Forecast, By Region
		10.1. North America
		10.2. Latin America
		10.3. Europe
		10.4. East Asia
		10.5. South Asia
		10.6. Oceania
		10.7. Middle East and Africa
	11. North America Sales Analysis and Forecast, by Key Segments and Countries
	12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
	13. Europe Sales Analysis and Forecast, by Key Segments and Countries
	14. East Asia Sales Analysis and Forecast, by Key Segments and Countries
	15. South Asia Sales Analysis and Forecast, by Key Segments and Countries
	16. Oceania Sales Analysis and Forecast, by Key Segments and Countries
	17. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries
	18. Sales Forecast by Form, By Grade, and By End Use Industry for 30 Countries
	19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
	20. Company Profile
		20.1. Ajinomoto
		20.2. Daesang
		20.3. KYOWA
		20.4. Evonik
		20.5. Amino Gmbh
		20.6. Maidan Group
		20.7. Livzon Group
		20.8. Sino Sweet
		20.9. Bafeng Pharmaceutical
		20.10. Jinghai Amino acid
		20.11. JIRONG PHARM
		20.12. Jiahe Biotech
		20.13. Siwei Amino Acid
		20.14. Xiyue Pharmaceuticals
		20.15. Dongchen Bio Engineering
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