What is Global Histidine Market?
The Global Histidine Market is a sector that focuses on the production, distribution, and consumption of histidine, an essential amino acid. Histidine is crucial for human health, playing a vital role in the growth and repair of tissues, the maintenance of the myelin sheaths that protect nerve cells, and the production of red and white blood cells. It's also used in the biosynthesis of proteins. The market for histidine is global, with demand spanning across continents and industries. The market's value was estimated at US$ 237.4 million in 2022, and it's projected to reach US$ 353.9 million by 2029. However, the market is not evenly distributed. Japan dominates the market, accounting for about half of the global demand. China follows closely, accounting for approximately 45% of the market. The remaining 5% is shared among other countries worldwide. The market is also highly concentrated, with Kyowa Hakko Bio and Ajinomoto being the main players. Together, these two companies account for about 90% of the market.
Fermentation Method, Hydrolysis Method in the Global Histidine Market:
The Global Histidine Market is primarily divided into two production methods: the Fermentation Method and the Hydrolysis Method. The Fermentation Method involves using microorganisms to produce histidine. This method is advantageous because it's cost-effective, scalable, and environmentally friendly. However, it requires careful control of the fermentation conditions to ensure high yield and purity. On the other hand, the Hydrolysis Method involves breaking down proteins into their constituent amino acids, including histidine. This method is advantageous because it can produce high purity histidine. However, it's more expensive and less scalable than the Fermentation Method. The choice of production method depends on various factors, including the desired purity, production scale, and cost considerations.
Pharmaceuticals, Feed, Food, Other in the Global Histidine Market:
Histidine finds usage in various areas, including Pharmaceuticals, Feed, Food, and Other sectors. In Pharmaceuticals, histidine is used in the production of medicines and health supplements. It's also used in research and development activities, particularly in the study of metabolic diseases and immune disorders. In the Feed sector, histidine is used as a nutritional supplement for livestock and poultry. It's essential for the growth and development of these animals, particularly in enhancing their immune system and improving their meat quality. In the Food sector, histidine is used as a food additive. It's used to enhance the nutritional value of food products, particularly those aimed at health-conscious consumers. In the Other sectors, histidine is used in various industrial applications, including the production of biodegradable plastics and the development of green technologies.
Global Histidine Market Outlook:
The global Histidine market, valued at US$ 237.4 million in 2022, is projected to grow to US$ 353.9 million by 2029, marking a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period of 2023-2029. The market is primarily concentrated in Japan, which accounts for approximately 50% of the global market, followed by China, which holds about 45% of the market share. The market is dominated by two main players, Kyowa Hakko Bio and Ajinomoto, who collectively hold about 90% of the market share.
| Report Metric | Details |
| Report Name | Histidine Market |
| Accounted market size in 2023 | US$ 252.3 million |
| Forecasted market size in 2029 | US$ 353.9 million |
| CAGR | 5.8 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Kyowa Hakko Bio, Ajinomoto, Shine Star Biological Engineering, KingYork Group, Huaheng Biologgical |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
