The global demand for Amino Acids Market is presumed to reach the market size of nearly USD 269.31 BN by 2030 from USD 30.23 BN in 2022 with a CAGR of 31.44% under the study period 2023 - 2030.
Amino acids are chemical molecules that include the functional groups amino and carboxylate. Amino acids contain the elements carbon, hydrogen, oxygen, and nitrogen. Amino acids, often known as protein building blocks, are chemicals that serve a variety of important activities in your body. They are required for critical activities like protein synthesis and hormone and neurotransmitter production. The sources of essential amino acids include animal proteins such as meat, eggs, and poultry. Amino acids help in the improvement of sleep, the enhancement of exercise performance, the promotion of weight reduction, and even the prevention of muscle loss.
Market Dynamics
The size of the Amino Acids Market is expected to develop at a rapid pace in the near future. Amino Acids are rapidly gaining popularity in the pharmaceutical industry due to their widespread benefits as people become health-conscious. Rising consumption of dietary fibers and proteins to build the body and many amino acids are used in nutritional supplements to help with certain conditions and disorders, ultimately driving the growth of the Amino Acids market. Furthermore, the rise in meat consumption supports this market's growth. Moreover, demand for no changes in the nutritional value of products such as minerals and calcium has resulted in the availability of various products in the market containing amino acids, which is accelerating the market's growth. Additionally, the availability and demand for processed and convenience meals containing sources of amino acids are propelling the development of this market. The market is likely to grow in the future as demand for amino acids as functional foods rises, and glutamic acid is increasingly used as a taste enhancer in various foods and beverages. But the government's severe controls on goods containing amino acids and the high capital expenditure required for storage are expected to limit the growth of the Amino Acids market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of amino acids. The growth and trends of amino acids industry provide a holistic approach to this study.
Market Segmentation
This section of the amino acids market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Lysine
- L-Glutamate
- Methionine
- Others
By Raw Material
By Application
- Animal Feed
- Food & Dietary Supplements
- Pharmaceuticals
- Personal Care
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Amino Acids market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Amino Acids Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the amino acids market include Ajinomoto Co., Inc., Evonik Industries AG, Adisseo, Kemin Industries, Inc., and ADM among others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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