Report ID: SQMIG15E2498
Report ID:
SQMIG15E2498 |
Region:
Global |
Published Date: February, 2024
Pages:
260
|
Tables:
172 |
Figures:
69
In 2021, North America held the largest Branch Chain Amino Acid (BCAA) market share by introducing new, high-performance products. Furthermore, rising capital income in both developed and developing countries is expected to outstrip market demand in this region. With the increase in finances from private and public organizations over pharmaceutical sectors, the European Market is positioned next to North America to lead the market presence. The growing demand from the food and beverage industries to enhance the sales of their products is driving the expansion of the branched-chain amino acid market.
The Asia Pacific region has shown phenomenal growth over the last decade and is predicted to achieve a CAGR of 14.7% during the analysis period. Rising healthcare spending, particularly in metropolitan areas, is driving the growth of the branched-chain amino acids market.
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REQUEST FREE CUSTOMIZATIONBranch Chain Amino Acid (BCAA) Market size was valued at USD 8.48 Billion in 2019 and is poised to grow from USD 9.10 billion in 2023 to USD 15.99 billion by 2031, at a CAGR of 7.30% during the forecast period (2024-2031).
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Report ID: SQMIG15E2498