Proline Market REPORT OVERVIEW
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The global proline market size was USD 297.7 million in 2022 and is projected to touch USD 469.78 million by 2031, at a CAGR of 5.2% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with proline experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.
Proline, a kind of amino acid, is one of the eighteen amino acids. It is utilized in the synthesis of protein in the human body. Proline has many uses including scientific research and medical hygiene. Proline and its derivatives are frequently utilized as asymmetric catalysts in chemical processes. The common subtypes of proline are D-proline and L-proline. L-proline, a crucial amino acid found in cartilage, is necessary for repairing muscle, connective tissue, and skin injury as well as for maintaining healthy skin. Additionally, it is essential for the immune system and the formula's equilibrium. Hence L-proline sustains a significant share in the proline market.
The rising use of feed additives that contain a proportionate amount of well-known amino acids, including lysine, methionine, and threonine, to enhance animal performance is a significant factor in the growth of the proline market size. It is also projected that increased demand for premium meat and meat products will support the proline business in the feed sector. Proline is employed in medicine as a stabilizer to extend the shelf life of some prescription drugs. Since proline is gaining popularity all around the world, the proline market share is expected to experience significant growth.
COVID-19 Impact: Halt of Operations to Impede Market Growth
The sudden outbreak of the COVID-19 pandemic had a huge impact on the import and export activity in the market due to the unexpected shutdowns. Proline faced a huge decline owing to the escalating and worsening COVID-19 situation. Cancellation or postponement of sports tournaments as a result of a lockdowns caused a major disruption in the proline market. However, the market is expected to recover in the post-pandemic period. Proline production is predicted to have massive growth in the forthcoming years. Demand for health supplements in the region of North America and Europe will augment the proline market share. Improved technologies in proline production will help meet the growing demand and engage new customers through innovative products.
LATEST TRENDS
"Increased Uptake of Health Supplements among Athletes to Create Promising Opportunities"
There are numerous applications of proline, including health supplements, which have emerged as a prominent area of application. One of the most important benefits of taking L-proline supplements is the assistance it provides for joint and skin health. It might also help with muscle development and injury healing. Athletes who experience proline level declines from the extended activity are supported by proline; an upsurge in proline supplements has been observed in recent years. It speeds up the process of recovery from the injury. Additionally, it is crucial for the immune system and the formula's equilibrium. Growing participation in professional sports events will boost proline consumption among athletes.
Proline Market Segmentation
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- By Type Analysis
As per the type, the market is classified as D-proline and L-proline. Among these, the L-proline segment is anticipated to hold the major market share through 2028.
- By Application Analysis
Based on application, the extremity products market is segmented for pharmaceuticals, additives, and scientific research. During 2022-2028, the additives segment is slated to capture the leading share in the market.
DRIVING FACTORS
"Widening Health Awareness to Increased Demand for Proline"
Proline is expected to witness robust demand throughout the predicted period as it is most frequently used in pharmaceutical applications to treat heart diseases. The pharmaceutical industry is anticipated to see rapid growth in the proline industry during the forecast period. Research in recent years has mostly focused on the multiple ways in which proline can improve skin health. Manufacturers of health and nutritional supplements have created several health supplements in response to customers' growing health consciousness, which has increased demand for proline.
"Technological Advancements to Contribute to the Growth of Proline Market"
Proline is now produced on a wide scale and at a reasonable price due to the technological breakthroughs in the production techniques that work in the favor of proline market expansion. Modern production technology is contributing to the proline market growth, and as a result, proline has become fairly inexpensive. Technological innovation and development will further enhance the performance of proline-based products, widening the range of applications in the market.
RESTRAINING FACTORS
"Variations in the Prices of Raw Materials Could Hamper the Production"
The proline market growth could be hampered due to regional regulatory norms and raw material price volatility. The cost of the raw material varies in different regions, affecting production and demand in the local markets. But the necessity of health supplements in the day to day life ensures the demand for the product. Therefore, volatility in raw material prices and regulatory hurdles could impact the market growth to some extent.
Proline Market REGIONAL INSIGHTS
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"Increasing Popularity to Propel Market Progress in North America"
North America is forecasted to hold the major share in the following years. Rising production of amino acids and an increase in the export of feed additives from important nations like Japan are predicted to have an impact on the proline's growth in the local market. Also, proline market expansion is anticipated by research and development efforts to produce efficient proline products. Due to the enormous growth in popularity of proline-based health supplements in North America, there will likely be a significant increase in market size there shortly.
KEY INDUSTRY PLAYERS
"Incorporation of Research and Development Strategies to Improve Brand Image"
The report delivers information about the list of market players and their working in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for the global proline market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Ajinomoto (Japan)
- Evonik (Germany)
- Kyowa Hakko (Japan)
- Sigma-Alorich (U.S.)
- MEI HUA (China)
- Star Lake (China)
- Bafeng Pharmaceutical (China)
- Wuxi Jinhai (China)
- Baokang (China)
REPORT COVERAGE
The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 297.7 Million in 2022 |
Market Size Value By |
US$ 469.78 Million by 2031 |
Growth Rate |
CAGR of 5.2% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global proline market expected to touch by 2031?
Based on our research, the proline market is projected to touch USD 469.78 million by 2031.
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What CAGR is the proline market expected to exhibit by 2031?
The proline market is expected to exhibit a CAGR of 5.2% by 2031.
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Which are the driving factors of the proline market?
Growing healthcare awareness and technological advancements are the factors driving the proline market.
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Which are the top companies operating in the proline market?
Ajinomoto, Evonik, Kyowa Hakko, Sigma-Alorich, MEI HUA, Star Lake, Bafeng Pharmaceutical, Wuxi Jinhai, Baokang are the top companies operating in the market.