Product ID: SQSG15E2044
Report ID: SQSG15E2044 | Region: Global | Published Date: April, 2023 | Pages: 157 | Tables: 63 | Figures: 75
Global L-Arginine Market size was valued at USD 26.38 billion in 2021 and is poised to grow from USD 28.32 billion in 2022 to USD 49.67 billion by 2030, growing at a CAGR of 7.3% in the forecast period (2023-2030).
L-Arginine is an amino acid that occurs naturally in the human body as well as in trace amounts in certain fruits such as peanuts, almonds, walnuts, and pecans. The need for arginine, combined with its scarcity in nature, necessitates supplement production. It is a dietary supplement that can help with a variety of conditions, including inflammation and migraines. It helps to relax blood vessels, making it useful for people with cardiovascular disease. The market is being driven by the increased and diverse application of L-arginine in daily life.
The demand for arginine and the benefits that the product provides are driving the growth of the L-arginine supplement market. The product has been found to be useful in a variety of fields, including food and pharmaceuticals. The leading market players consider the increasing consumer needs as a result of the growing health consciousness. Its increased usage in the cosmetics and personal care industry, as well as a dietary supplement, as well as its growing benefits of boosting the immune system, improving heart health, and assisting in the relief of symptoms of peripheral arterial disease and angina, drive the global market.
Research on L-arginine has had mixed results. The most recent research suggests that L-arginine may lower blood pressure, improve cholesterol and improve overall blood vessel health.A review of several studies found that adults with high blood pressure who took daily L-arginine supplements lowered their bottom (diastolic) blood pressure number by about 2 to 3 millimeters of mercury (mm Hg).When it comes to heart health, L-arginine may work better when combined with other vitamins, such as vitamins B6 and B12. However, larger, more-robust studies are needed to confirm these findings before experts can recommend everyday use of these supplements.
US L-Arginine Market is poised to grow at a sustainable CAGR for the next forecast year.
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The global L-Arginine market is segmented based on the type, application, and region. Based on the type, L-Arginine Market is bifurcated into food grade, and pharma grade. Based on application, L-Arginine Market is segmented into supplements & nutrition, pharmaceuticals, cosmetics, others. Based on region L-Arginine Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
L-Arginine Market Analysis by Type
The global L-Arginine market is bifurcated based on type into food grade, and pharma grade. The food grade segment is anticipated to hold the largest share in the market. It is an essential amino acid that helps the body meet its protein needs by acting as a building block for muscle development. Because it is a good source of amino acid, the availability of L-arginine acts as a supplement to arginine requirements. Since its supplements are essential for gym goers to build muscle, the market is experiencing high demand from the fitness segment. Not only that, but arginine is used in the development of many healthy foods, drinks, and sports nutrition for athletes and fitness enthusiasts. This increases market demand as changes in consumer preferences develop health and fitness consciousness.
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The global L-Arginine market is studied on the basis of geography as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The market is dominated by North America, which is followed by Europe. Growing healthcare spending and significant growth in the pharmaceutical industry in these regions are expected to result in increased demand for L-Arginine. Furthermore, the L-Arginine market in North America and Europe is expected to grow at a healthy CAGR during the forecast period. Western Europe, on the other hand, is an import-oriented market that primarily imports pharmaceutical and nutraceutical products from China. The Asia Pacific (APAC) population accounted for nearly 62% of the global population. Thus, the ageing population and rise in patient counts due to kidney and chronic diseases have resulted in increased demand for medicine and dietary supplements, driving the L-Arginine market.
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L-Arginine Market Driver
Growing Interest in Body Building Supports the Market Growth
The increasing application of L-arginine in the cosmetics and personal care industry and as a dietary supplement and its growing benefits of boosting the immune system, improving the heart health, assistance in easing the symptoms of peripheral arterial disease and angina drive the growth of the global L-arginine market.
The surge in usage in personal care and cosmetics
L-Arginine Market Restrain
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Due to the growing popularity of muscle building, the global L-Arginine market is changing. As a result, many supplement and health and fitness product manufacturers are concentrating their efforts on this product. The global muscle-building trend is expected to create significant opportunities for arginine manufacturers to expand their business through the development of innovative products. The major players are Ajinomoto Group, Kyowa, Evonik, Daesang, Jingjing, Jinghai Amino Acid, Jiahe Biotech, Longteng Biotech among others. Due to the increasing demand for arginine, many other manufacturers are taking an interest in L-Arginine.
L-Arginine Market Top Company Profiles
L-Arginine Market Recent Developments
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According to our market analysis, Due to the overall growing interest in bodybuilding among consumers in these regions, there is a high demand for arginine in North America, Latin America, and the Asia Pacific. These countries also have the highest number of athletes, bodybuilders, and fitness enthusiasts, which contributes to the growth of L-arginine in these areas. Exposure to such diseases is common in some countries, such as the United States and Europe, leading to an increase in healthcare expenditure; thus, this factor is expected to drive the arginine market. As a result of these factors, the Arginine market is expected to grow positively in the coming years.
|Market size value in 2021||USD 26.38 billion|
|Market size value in 2030||USD 28.32 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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KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
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For the Global L-Arginine 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 L-Arginine 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.
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