Product ID: SQSG15E2044
Global L-Arginine Market Size, Share, Growth Analysis, By Type(Food Grade, Pharma Grade), By Application(Supplements & Nutrition, Pharmaceuticals) - Industry Forecast 2024-2031
Report ID:
SQSG15E2044 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
63 |
Figures:
75
Global L-Arginine Market Dynamics
L-Arginine Market Driver
Growing Interest in Body Building Supports the Market Growth
- The growing trend of health and fitness is increasing demand for dietary supplements around the world, which is driving demand for L-arginine. The popularity of arginine among bodybuilders, fitness enthusiasts, and athletes has increased, helping the industry grow globally. Furthermore, it is used to treat a variety of health conditions, including kidney inflammation, heart failure, and erectile dysfunction. As a result, the growing prevalence of cardiovascular disorders around the world is propelling the industry forward. Increasing R&D activities centered on L-arginine and its potential applications are expected to drive market growth over the forecast period. Furthermore, key players' increasing innovation and rising online sales are expected to bode well for market growth.
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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
- Increased usage in the personal care and cosmetics industries boosts market growth by providing opportunities for diversification and expansion to the market's leading players. It aids in hydrating and moisturizing the skin. It boosts collagen production and protects the skin from free radicals. Free radicals cause harm to major cell components such as collagen, the cell membrane, and DNA. The antioxidant properties of L-arginine help to combat the free radicals that cause fine lines and premature wrinkles. Its increasing benefits in personal care products pique consumer interest in its use.
L-Arginine Market Restrain
Price competition
- Price competition is constantly intensifying in this industry. The emergence of rivals with production bases in China and Southeast Asia may have a major impact on the company’s ability to set prices for its products. As price competition is likely to grow more intense in the future, the manufacturer would respond by working to reduce costs further and bring to market high-value-added products that feature the company’s proprietary technologies. However, in the event that rivals introduce products at prices the company cannot match or if customer demand changes, the company’s profitability may worsen, and its earnings and financial condition may deteriorate.
Global L-Arginine Market Report Snapshots
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