Global Amino Acids Market Demand Analysis By Top Key Players Like ADM (US), Sumitomo (Japan), Evonik (Germany), CJ CheilJedang (South Korea), Ajinomoto Co., Inc. (Tokyo), Adisseo (China), Kemin (US), Novus (US)
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Top Key Player: -
CJ CheilJedang (South Korea)
Ajinomoto Co., Inc. (Tokyo)
Meihua Holdings (China)
Global Bio-Chem (Hong Kong)
Sunrise Nutrachem (China).
Increasing health concerns and rising awareness boosts the Amino Acids market
The increasing geriatric population and rising health concerns drive the growth of the global Amino Acids market. There has been increasing awareness among consumers regarding the requirements of amino acids for efficient functioning of bodily functions, which supplement the growth of the market. Increasing consumption of dietary supplements, and growing meat consumption across the world also accelerate the Amino Acids market growth. Other factors driving the market include improving lifestyles, and increasing disposable income, especially in the emerging economies of Asia-Pacific. Growing demand from emerging economies, increasing consumer awareness, rising use of amino acids in animal feed, and increasing concerns regarding preventive healthcare are factors expected to provide numerous growth opportunities in the coming years.
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Global Amino Acids Market Taxonomy
The global Amino Acids market is segmented on the basis of source, type, application, and geography.
• Animal Feed
• Food and Dietary Supplements
Geographically, the global Amino Acids market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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The growing demand for heath products and increasing use of amino acids in animal feed boost the growth in Asia-Pacific
On the basis of geography, Asia-Pacific is expected to dominate the global Amino Acids market over forecast period. The rising geriatric population in the region, and increasing disposable income drive the Amino Acids market growth. The increasing demand of health products in the region along with increasing awareness regarding benefits of amino acids further support Amino Acids market growth. The increasing demand of amino acids for animal feed and growing demand for healthy livestock is expected to accelerate the adoption of amino acids during the forecast period. The increasing meat consumption in the region along with presence of numerous local players catering to the growing consumer needs has increased the adoption of amino acids in the region.
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