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Beta Alanine Market Analysis

  • Report ID: GMI7127
  • Published Date: Oct 2023
  • Report Format: PDF

Beta Alanine Market Analysis

Beta Alanine Market Size, By Grade, 2021 - 2032 (USD Million)

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Based on grade, the food grade segment dominated around USD 43.9 million revenue in 2022, attributed to the rising demand for functional food and beverages fortified with amino acids, including beta alanine, owing to the growing consumer preference for healthier dietary options. The Food Grade segment is further bolstered by the expanding health-conscious consumer base and the increasing incorporation of beta alanine in energy drinks, health supplements, and nutritional bars, among other food products, to enhance performance and promote overall well-being.
 

Beta Alanine Market Revenue Share, By Form, (2022)

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Based on form, the powder form segment accounted for 60% of the beta alanine market share in 2022, driven by its versatility and widespread usage in the sports nutrition and dietary supplement industries. Beta Alanine powder is favored by consumers and manufacturers alike for its ease of incorporation into various formulations, allowing for customized dosing and flexible product development, thus contributing significantly to its market dominance.
 

Based on distribution channel, the beta alanine market from offline retail segment is anticipated to grow at 4% CAGR through 2032. the Offline Retail segment, which includes supermarkets, specialty stores, health and wellness outlets, and pharmacies, among others, maintains a notable market share, particularly catering to consumers who prefer a more hands-on and personalized shopping experience. The physical retail outlets provide a platform for consumers to interact with product representatives, seek guidance on product selection, and make informed purchasing decisions, thereby sustaining the segment's position in the market.
 

Based on end-user, the athletes and bodybuilders segment will gain remarkable momentum during the forecast timeline, fueled by the increasing demand for sports nutrition supplements containing beta alanine to enhance muscle endurance and improve exercise performance. The growing fitness and bodybuilding culture worldwide, coupled with the rising participation in various sports activities, have significantly bolstered the segment's position, driving the consumption of beta alanine among athletes and fitness enthusiasts.
 

Based on application, the beta alanine market is segmented as Dietary Supplements, Pharmaceuticals, Cosmetics, Food and Beverages and Animal Feed. Dietary Supplements market is driven by the widespread consumption of Beta Alanine as a popular ingredient in pre-workout and sports nutrition supplements, owing to its role in enhancing muscle endurance and improving athletic performance. The growing fitness and wellness trends globally, coupled with the increasing consumer preference for dietary supplements, have substantially contributed to the segment's dominance.
 

North America Beta Alanine Market Size, 2020- 2032 (USD Million)

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North American beta alanine market size held over USD 30.5 million in 2022, due to several factors, including the region's robust sports and fitness culture, where the demand for sports nutrition and dietary supplements containing Beta Alanine remains consistently high. The widespread adoption of a health-conscious lifestyle among the population, coupled with the increasing consumer awareness regarding the benefits of Beta Alanine in enhancing physical performance, has significantly contributed to the region's market growth.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of beta alanine reached USD 88.41 million in 2022 and is set to cross USD 135.86 million by 2032, owing to its increasing usage in pre-workout supplements driven by high demand among health and fitness-conscious consumers.

The powder form segment held around 60% of the market share in 2022, driven by its versatility and widespread adoption in the sports nutrition and dietary supplement industries.

North America market size was worth USD 30.5 million in 2022, owing to the presence of robust sports and fitness culture in the region.

Some of the leading beta alanine companies are Natural Alternatives International (NAI), Anhui Huaheng Biotechnology Co., Ltd., NOW Foods, Nutricost, Thorne Research, Cellucor, Evlution Nutrition, Ultimate Nutrition, Hi-Tech Pharmaceuticals, and Yuki Gosei Kogyo Co., Ltd.

Beta Alanine Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 301
  • Countries covered: 21
  • Pages: 210
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