Market Definition
The global Amino Acid Market was valued at $26.4 billion in 2022 and is projected to reach $47.7 billion by 2032, with a CAGR of 6.1% over the forecast period. Amino acids play a critical role in both animal and human nutrition, serving as the building blocks of proteins and facilitating essential bodily functions, including neurotransmitter and hormone synthesis. Commonly found in red meat, seafood, eggs, dairy, and plant-based products like quinoa and soy, amino acids offer numerous health benefits such as boosting the immune system, combating arthritis and cancer, and treating conditions like tinnitus and rectal diseases. The rising demand for amino acids is further driven by their ability to improve mental health conditions, such as depression, sleep disorders, PMDD, ADHD, and more.
Download Research Report Sample & TOC: Amino Acids Market
Market Dynamics
In terms of market dynamics, the rising health consciousness among consumers has driven demand for amino acid-infused products, particularly in the food and beverage sector. Manufacturers are incorporating essential nutrients like amino acids into their products to meet this growing demand. Bodybuilders and athletes are also turning to protein-rich products, such as sports supplements, energy drinks, and nutrition bars, to enhance performance and muscle development. Moreover, amino acids are essential in animal feed to meet livestock’s protein needs. Biotechnology advancements have significantly improved the production of proteinogenic amino acids, which are integrated into proteins during translation.
Inquiry before Buying: Request Special Pricing
Market Segments
- By Raw Material:
- Plant-based materials lead in revenue, driven by consumer demand for natural products, despite production limitations.
- Animal-based sources, including meat and by-products, benefit from rising global meat consumption, supported by major players like JBS S.A. and Tyson Foods.
- By Product:
- L-glutamate dominates the market due to its use as a flavor enhancer and feed additive.
- Lysine is also significant, driven by dietary supplements and its role in animal feed.
- By Application:
- Food & Dietary Supplements hold the largest share, with amino acids enhancing nutritional value and aiding recovery in the nutraceutical sector.
- By Livestock:
- Poultry leads this segment, driven by demand for chicken and broiler meat.
- Swine consumption increases the need for amino acids in feed.
- Geographical Analysis:
- Asia Pacific dominates, fueled by high pork consumption in China and a growing demand for dietary supplements.
Key Player
- Adisseo (France)
- ADM (US)
- Ajinomoto Co., Inc. (Japan)
- AMINO GmbH (Germany)
- Daesang Europe B.V. (Netherlands)
- Evonik Industries AG (Germany)
- KYOWA HAKKO BIO Co., Ltd. (Japan)
- Merck KGaA (Germany)
- Novus International, Inc. (US)
- Pacific Rainbow International, Inc. (US)
Procure Complete Report (300 Pages PDF with Insights, Charts, Tables, and Figures) @ Buy Now
Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porter 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
- Forecast Period – 2024-2033
- Base Year – 2023
With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with the lead analyst of the report
- Infographic Excel data pack, easy to analyze big data
- Robust and transparent research methodology
- Unmatched data quality and after-sales service
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest-quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust and transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/