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Worldwide Amino Acids Market Analysis, Industry Demand, Growth And Revenue Forecast 2031 || Evonik Industries AG, Daesang Corporation, Sunitomo Chemical Co. Ltd., The Archer-Daniels-Midland Company, Amino GmbH
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The global amino acids market report by the business research company identifies the rising health consciousness among the population to be a major growth driver for the amino acids market. Health consciousness refers to the extent to which individuals tend to take action towards taking care of their health. Health-conscious people take amino acids as part of their diet to improve their immunity. For instance, according to an online survey conducted by the Times of India, an Indian-based daily newspaper, in 2021, 70% of the participants stated that they have prioritized dietary lifestyle changes such as eating healthy nutrient-rich food, and 65% of respondents also indicated their increased reliance on nutritional experts to help achieve their goals. Therefore, the rising health consciousness is driving the growth of the amino acid market.
The global amino acid market size is expected to grow from $21.82 billion in 2021 to $24.37 billion in 2022 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The amino acid market is expected to reach $33.46 billion in 2026 at a CAGR of 8.2%.
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Asia-Pacific was the largest region in the amino acid market in 2021. Europe was the second largest region in the amino acid market. The regions covered in the amino acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the amino acids market are Evonik Industries AG, Daesang Corporation, Sunitomo Chemical Co. Ltd., The Archer-Daniels-Midland Company, Amino GmbH, Cargill Inc, Fufeng Group Company Limited, Ajinomoto Co. Inc., Kyowa Hakko Bio Co. Ltd., Novus International Inc, Iris Biotech GmbH.
The global amino acids market is segmented -
1) By Type: Histidine, Isoleucine, Leucine, Glutamate, Lysine, Methionine, Threonine, Other Types
2) By Source: Animal-Based, Plant-Based
3) By Application: Animal Feed, Food and Beverages, Pharma and Health Care, Nutraceuticals, Cosmetics and Personal Care, Other Applications
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The Amino Acids Market Report Contents Include
1. Executive Summary
2. Amino Acids Market Characteristics
3. Amino Acids Market Trends And Strategies
4. Amino Acids Market - Macro Economic Scenario
5. Amino Acids Market Size And Growth
....
27. Amino Acids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Amino Acids Market
29. Amino Acids Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the amino acids market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Executive Summary
Amino acids help in transporting and the storage of nutrients and also aid in giving cells their structure. L-Glutamate, Lysine, Methionine, Threonine, Tryptophan, Leucine, and Isoleucine are some of the types of amino acids.
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