About Gamma Aminobutyric Acid
Gamma-Aminobutyric acid (GABA) are the inhibitory neurotransmitter that found in the central nervous system of mammals. These neurotransmitter used to reduce the activity of neurons to which it binds, thus used to control fear and anxiety when neuron are over excited. Gamma-Aminobutyric acid market is expected to mark significant growth over forecasted period owing to increasing consumers spending on treatment of neurological disorders and mental disorders. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the healthcare sector.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.32% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Gamma Aminobutyric Acid market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AstraZeneca (United Kingdom), Athena Drug Delivery Solutions (India), Biocodex (France), Elan Corporation (Ireland), Eli Lilly & Company (United States), H.LundBeck (Denmark), GlaxoSmithKline (United Kingdom), NovaDel Pharma (United States), Novartis (Switzerland) and OVATION Pharmaceuticals (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Osmotica Pharmaceutical (United States), Pfizer (United States), Sanofi-aventis (France), VIVUS (United States) and XenoPort (United States).
Segmentation Overview
AMA Research has segmented the market of Global Gamma Aminobutyric Acid market by Type (GABAA and GABAB), Application (Attention Deficit Hyperactivity Disorder, Psychiatric Disorders, Alzheimer's Disease, Chronic Obstructive Pulmonary Disease, Memory Impairment and Other) and Region.
On the basis of geography, the market of Gamma Aminobutyric Acid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Process, the sub-segment i.e. Chemical Synthesis will boost the Gamma Aminobutyric Acid market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase demand of Gamma Aminobutyric Acid at Asia-Pacific regions. and Value Oriented Consumers
Market Growth Drivers:
Increase in Aging Population Leads to Boost the Requirement Of Gamma Aminobutyric Acid Market. and Rise in Incidence of Neurological Disorders
Challenges:
Limitation Due to Treatment of Mental Disorders Anticipated to Challenge the Market.
Restraints:
Side Effects Associated Within Gamma Aminobutyric Acid. and Low Awareness Among the Customers.
Opportunities:
Rapid Applications for Relieving Injuries and Decreasing Body Fat. and Increased Funding by Governments and Private Organizations.
Market Leaders and their expansionary development strategies
In September 2023, Supernus Pharmaceuticals said it has agreed to acquire Biscayne Neurotherapeutics in a deal that adds a Phase I epilepsy candidate to the buyer’s pipeline of treatments for central nervous system disorders. The epilepsy candidate, which Supernus will rename SPN-817, uses a novel synthetic form of huperzine A, an acetyl cholinesterase inhibitor that according to the company has a novel mechanism of action and has shown anticonvulsant activity
In November 2023, NOW Launches Calm & Focus Featuring GABA and Zembrin Sceletium Tortuosum. The formulation is designed to offer consumers a rapid-onset cognitive support product which provides a sense of calm. The ingredient is considered to have tangible effects, with clinical studies suggesting that it begins working within a two-hour window, and it has been subject to studies confirming that it is safe to use daily for several months.
Key Target Audience
Gamma Aminobutyric Acid Manufacturers, Gamma Aminobutyric Acid Traders, End-Use Market Participants of Different Segments of Gamma Aminobutyric Acid, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.