Global Phenylalanine Market Set for Growth, Driven by Rising Demand in Food & Beverage and Health Sectors - Trends, Opportunity, and Forecast, 2018-2028F [Yahoo! Finance]
AJINOMOTO CO UNSP/ADR (AJINY)
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Source: Yahoo! Finance
Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering. The Global Phenylalanine Market is experiencing a significant upswing, largely due to health trends and the rising demand in the food & beverage industry. Phenylalanine, an essential amino acid, has found widespread use as a low-calorie sweetener in numerous products, stemming chiefly from its role in aspartame production. This trend looks set to continue, with a CAGR of 3.49% projected through 2028. Key Growth Drivers: A key determinant in the market's growth is the substantial increase in health consciousness among consumers. This shift is evident in the surge for low-calorie and sugar-free dietary options. Additionally, as part of a larger movement towards healthier lifestyles, there's an emphasis on protein intake, making phenylalanine an ingredient of choice due to its protein synthesis capabilities. Rapid urbanization and rising incomes in developing economies also contribute to expanding m
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