USD 8.48 Billion
Report ID: SQSG15E2036 | Region: Global | Published Date: November, 2022 | Pages: 260 | Tables: 172 | Figures: 69
Global Branch Chain Amino Acid (BCAA) market was valued at USD 8.48 Billion in 2021, and it is expected to reach a value of USD 13.33 Billion by 2028, at a CAGR of 7.3% over the forecast period (2022-2028).
Branch-chained amino acids are made up of amino acids such as leucine, isoleucine, and valine. All amino acids are protein-building blocks, and branched-chain amino acid supplements aid in muscle building and training, making them especially useful for athletes. The significance of branch-chained amino acid supplements was popularized in 1980 and continues to be vital in the sports nutrition business today. The expansion of the overall health supplement market is indirectly driving the expansion of the branch chain amino acid supplements market.
Global Market Size
USD 8.48 Billion
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The Global branch chain amino acid (BCAA) market is segmented based on form, flavor, distribution channel, type, application, and region. Based on forms, the market is segmented into powder and capsules. Based on flavor, the market is segmented into fruit and regular. Based on distribution channels, the market is segmented into offline retail stores and online stores. Based on type, the market is segmented into L-Valine, L-Leucine, and L-Isoluecine. Based on application, the market is segmented into Animal feed, Food & Beverage, Pharma & Healthcare, Nutraceuticals, and Cosmetics & Personal Care. Based on region, the global market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Form
The branched-chain amino acid (BCAA) is segmented into powder and capsule forms based on the form of their availability. In 2021, the powder form of the branched-chain amino acid (BCAA) accounted for the largest market share and is expected to retain its dominance through the analysis period. To get a good proportion of branch chain amino acids for a positive response in the body, it requires 5g and 10g of BCAA. With the powder form, it could be easily achievable but with the capsule forms, it’s difficult to get that amount with a smaller number of capsules. Therefore, the powder form of BCAA is majorly used in the market and will continue to grow its demand during the analysis period.
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In 2021, North America held the largest Branch Chain Amino Acid (BCAA) market share by introducing new, high-performance products. Furthermore, rising capital income in both developed and developing countries is expected to outstrip market demand in this region. With the increase in finances from private and public organizations over pharmaceutical sectors, the European Market is positioned next to North America to lead the market presence. The growing demand from the food and beverage industries to enhance the sales of their products is driving the expansion of the branched-chain amino acid market.
The Asia Pacific region has shown phenomenal growth over the last decade and is predicted to achieve a CAGR of 14.7% during the analysis period. Rising healthcare spending, particularly in metropolitan areas, is driving the growth of the branched-chain amino acids market.
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The branched-chain amino acid (BCAA) market is relatively fragmented, with a high level of competition. A few large players, like Amino GmbH, Daesang Corporation, and Iris Biotech GmbH, Kyowa Hakko Bio Co. Ltd, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.
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According to our Branch Chain Amino Acid (BCAA) Market analysis, North America dominated the worldwide market by introducing new, high-performance products. Furthermore, rising capital income in both developed and developing countries is expected to outstrip market demand in this region. With the increase in finances from private and public organizations over pharmaceutical sectors, the European Market is positioned next to North America to lead the market presence. The growing demand from the food and beverage industries to enhance the sales of their products is driving the expansion of the branched-chain amino acid market.
|Market size value in 2021||USD 8.48 Billion|
|Market size value in 2028||USD 13.33 Billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Branch Chain Amino Acid (BCAA) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Branch Chain Amino Acid (BCAA) Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Branch Chain Amino Acid (BCAA) Market:
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Product ID: SQSG15E2036