Amino Acid Market Growth, Business Opportunities, Share, Key Insights and Size estimation by 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Amino Acid market report by The Business Research Company, Rising health consciousness among the population is expected to propel the growth of the amino acid market going forward. 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.

The global amino acid market size grew from $24.57 billion in 2022 to $27.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The amino acid market size is expected to grow to $37.49 billion in 2027 at a CAGR of 8.5%.

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Major competitors in the Amino Acid market include 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, Taiwan Amino Acids Co. Ltd., Sekisui Medical Co. Ltd., Koninklijke DSM N.V, and Kemin Industries.

The Amino Acid 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

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Amino Acid market.

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The amino acid are used for animal as well as human nutrition. Amino acids consist of an acidic carboxyl group (COOH), a basic amino group (NH2), and an organic R group that is unique to each amino acid. Amino acids refer to the basic elements of proteins and are found in red meat, seafood, eggs, dairy products, and soy products. It helps to improve the immune system, combat arthritis and cancer, and cure tinnitus and rectal ailments. These are useful in the synthesis of neurotransmitters and hormones in the human body.

The Table Of Content For The Amino Acid Market Include:
1. Executive Summary
2. Amino Acid Market Characteristics
3. Amino Acid Market Trends And Strategies
4. Amino Acid Market - Macro Economic Scenario
5. Amino Acid Market Size And Growth
.....
26. Africa Amino Acid Market
27. Amino Acid Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Amino Acid Market
29. Amino Acid Market Future Outlook and Potential Analysis
30. Appendix

The "Global Amino Acid Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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