Phenylalanine Market: Overview

Phenylalanine is an amino acid that is found naturally in the breast milk of mammals. As an essential amino acid, phenylalanine is not produced de novo in humans and other animals, who need to ingest phenylalanine or phenylalanine-containing proteins. It is ingested into the body from foods such as meat, poultry, fish, cottage cheese, lentils, peanuts, and sesame seeds. Phenylalanine is responsible for the production of molecules such as tyrosine, epinephrine, norepinephrine, and dopamine. When the level of tyrosine in the body is low, tyrosine is formed through hydroxylation of phenylalanine in the liver. Tyrosine is primarily used to produce new proteins and it is metabolized into epinephrine, norepinephrine, dopamine, and melanin, the tissue pigment. Epinephrine and norepinephrine are responsible for managing the stress level in the body, while dopamine is primarily responsible for feeling of pleasure in the brain.

Phenylalanine Market: Drivers & Restraints

Phenylalanine is primarily used for the treatment of depression, attention deficit-hyperactivity disorder (ADHD), Parkinson's disease, multiple sclerosis, vitiligo, acupuncture anesthesia, osteoarthritis, rheumatoid arthritis, weight loss, and alcohol withdrawal symptoms.  Being a protein-producing amino acid, phenylalanine is used for regulating the anxiety and depression levels. With rise in the rate of incidence of depression among different age groups, is anticipated to drive the global phenylalanine market. People born with a higher level of phenylalanine in the blood are inherited with a disorder called phenylketonuria (PKU). Phenylketonuria is a rare genetic condition that is caused by buildup of phenylalanine in the body. Common symptoms of PKU include seizures, hyperactivity, tremors, musty odor of breath, and sluggish growth. This, in turn, acts as a restraint of the global phenylalanine market.

Phenylalanine Market: Key Segments

Based on form, the global phenylalanine market can be segmented into D-Phenylalanine, DL-Phenylalanine, and L-Phenylalanine. L- Form is used to produce proteins in the body through the intake of food supplements. D- Form is synthesized in laboratories. DL- Form is a combination of L and D forms, which is formed in laboratories.

The global phenylalanine market is driven by growth of the global pharmaceutical industry. Phenylalanine is used as a neurotransmitter in the central nervous system, for stimulating the brain cells. It acts as an effective pain reliever. Additionally, it is used in the treatment of premenstrual syndrome and Parkinson’s disease in order to increase the effects of acupuncture and transcutaneous electrical nerve stimulation (TENS). DL-Phenylalanine is used as a nutritional supplement owing to its analgesic and antidepressant properties.

Phenylalanine Market: Regional Outlook

In terms of region, the global phenylalanine market can be segmented into Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. Asia Pacific is anticipated to constitute a major share of the global market during the forecast period. China and India are highly populated countries and they are witnessing rise in the anxiety and depression levels among people. This is likely to boost the demand for long-term treatment of diseases and, in turn, the demand for phenylalanine in the region in the next few years. Increase in affordability of drugs, led by rising number of launches of low-priced generics, is fueling the demand for drugs. This, in turn, is driving the global phenylalanine market. The U.S and countries in Europe are anticipated to experience higher adoption of phenylalanine in the next few years, due to increase in the number of health care facilities and availability of drugs for depression and chronic pain in these countries.  

Phenylalanine Market: Key Players

Prominent players operating in the global phenylalanine market include NOW Foods, Amazing Nutrition, LiftMode (Synaptent LLC), NutraMarks, Inc., and Shijiazhuang Jirong Pharmaceutical Co., Ltd. These players are engaged in research and development activities, strategic alliances, and mergers and acquisitions to gain market share.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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