Top 5 Key Players of Histidine Industry, 2023

One of the 22 amino acids, histidine is obtained from some cereals and meals with a high protein content. It is one of the aromatic amino acids that, while initially being produced by the body from the organic compound imidazole, which is a part of the aromatic ring in the acid's chemical structure, subsequently ceases to be an essential amino acid for human newborns. The market is expected to develop significantly due to the rising number of malnutrition patients, particularly in emerging nations like Japan, China, and India. Another element that is expected to accelerate market expansion is the growing population. It is projected that as people become more concerned with their fitness and health, the market share for histidine would increase.

Histidine is being used in numerous sectors for a variety of functions. The product was adopted by the cosmetics sector to manufacture fragrance and flavor the cosmetics. These elements are probably going to help the market for histidine increase. The product enhances the cosmetics aroma without changing their properties, which promotes their use in the cosmetics sector.

"According to Business Research Insights, the market ""Histidine"" was valued at USD 252.3 million in 2022 and is projected to reach a valuation of USD 353.9 million by 2028 with a CAGR of 5.8%. The market has leading players; Kyowa Hakko Bio, Ajinomoto, Shine Star Biological Engineering, KingYork Group, Huaheng Biological."

Lack of Human Resource Reduced Market Growth during the Pandemic

The pandemic had an impact on numerous industries globally, and the chemicals and materials sector was no exception. Lockdowns were implemented in emerging economies to stop the virus's spread, which had a negative effect on the market. Additionally, the market expansion during the targeted period was hindered by an increased reliance on chemicals and acids as well as a weak worldwide transportation infrastructure. Furthermore, due to a lack of human resources, some significant businesses in the industry had to close. Numerous businesses were compelled to work under capacity, which contributed to their demise.

Business Research Insights States Top 5 Histidine Companies-

1) Kyowa Hakko Bio (Japan)

The main objective of international ingredients producer KYOWA HAKKO BIO CO., LTD. is to offer health solutions that promote optimal health for raised quality of life. Kyowa's components fulfill the most stringent quality assurance requirements now in use within the worldwide dietary supplement, health food, cosmetic, and pharmaceutical industries. Kyowa is a pioneer in the development and application of unique fermentation technology.

2) Ajinomoto (Japan)

Ajinomoto Co., Inc. was established in 1908 as a division of Suzuki Pharmaceutical Co., Ltd., which Saburosuke Suzuki II and Kikunae Ikeda established in May 1907. Seasonings, interlayer insulating materials for semiconductor packages used in personal computers, cooking oils, frozen foods, beverages, sweeteners, amino acids, and pharmaceuticals are all produced by the multinational Japanese food and biotechnology company Ajinomoto Co., Inc. Since 1909, the firm has produced monosodium glutamate (MSG), the first of its kind. Tokyo serves as the location of the corporation's main office.

3) Shine Star Biological Engineering (China)

A national key high-tech firm of comprehensive resource utilisation, Shine Star (Hubei) Biological Engineering Co., Ltd. was established in 1996 and is situated in GongAn Industrial Park, a section of the national-level Jingzhou Economic and Technological Development Zone. In China, Shine Star serves as the primary hub for the study, creation, production, marketing, and distribution of minor variation monomer amino acids and their derivatives. Shine Star exports its amino acid products primarily to North America, Europe, Asia, and other nations and regions. Amino acid products are widely utilized in the pharmaceutical, food supplement, daily necessity, feed, and fertilizer industries.

4) KingYork Group (U.K.)

Based in the West Midlands, Birmingham, KingYork Group Limited is a prominent UK contract manufacturer, distributor, parallel importer, and exporter of pharmaceuticals and medical equipment with a sizable clientele in Europe and Africa. KingYork Group Limited will provide a rapidly expanding portfolio of in-demand generic medications and medical equipment.

5) Huaheng Biological (China)

Jizhou, Hebei Province's Huaheng Biological Technology Co., Ltd. was established in 2011. It is based on Amino Acid Research and Development. Our business focuses on creating, processing, and selling amino acids. The primary products include sodium succinate, glycine, lysine, alanine, methionine, threonine, and others. We also work as a vitamin and sweetener agent. It mainly deals with a variety of amino acid pharmaceutical intermediates like BPC and others.

"Increasing Unhealthy Habits in Young Pose an Opportunity for Market Growth"

Young people's propensity for junk food causes a lack of nutrients and proteins, which raises the demand for the product. In addition, the population's stressed lifestyle and unhealthful food are anticipated to fuel the expansion of the histidine industry. The number of malnutrition patients increases due to the body's lack of critical minerals and protein, which is expected to support market growth.