Aspartic Acid Market Size

Global Aspartic Acid Market size was valued at USD 103.2 million in 2023 and is poised to grow from USD 109.91 million in 2024 to USD 181.9 million by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).

The continuously growing demand for biodegradable products because of the depleting fossil fuel reserves across the world is expected to be the key factor driving the global aspartic market over the forecast period. Aspartic acid is highly used in the manufacturing polyaspartic acid, which is a major component for several types of applications including water treatment systems, petroleum exploitation, detergents, and agriculture as well. Thereby, increasing demand for polyaspartic acid from several industries, is likely to fuel the demand and growth of aspartic acid in the coming years.

Furthermore, high usage of aspartic acid in the production of non-saccharide sweetener, which is also known as aspartame is anticipated to have a positive influence on the global demand for aspartic acid during the forecast period. Aspartame is largely used in syrups, bakery products, beverages, and many other applications. With a shifting consumer preference towards packaged food & beverage segment in the last few years is anticipated to boost the demand for aspartame and in turn, aspartic acid demand grow at a significant rate.

US Aspartic Acid Market is poised to grow at a sustainable CAGR for the next forecast year.