Food Amino Acids Market Overview and Regional Outlook Study 2023 - 2032

The global amino acids market size was valued at USD 28.32 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030.

Key drivers expected to drive food amino acid sales include an ageing population in developed countries, increased health consciousness, and rising consumer expenditure on nutritional supplements.

The price of raw materials used to make amino acids, such as soybean oilseeds, wheat, and corn, has changed in recent years. This trend is expected to continue during the forecast period due to rising raw material utilisation for the manufacturing of other meals, which has resulted in limited availability for amino acid synthesis. Short-term factors such as increased energy prices are also contributing to a lack of raw materials for the production of amino acids.

Manufacturers are usually forced to use inferior replacements such as cassava or sorghum to create amino acids in emerging nations. These alternative components are less digestible than maize and soybean. Ingredient manufacturers are currently focusing on the manufacturing of food amino acid components in order to increase the nutritional properties of functional foods and beverages. One market participant, for example, released a significant amino acid-containing whey protein component in 2021 exclusively for the South American yoghurt business.

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Functional meals and drinks containing BCCA are becoming increasingly popular among fitness enthusiasts since they boost muscle growth and improve training efficiency. To meet the growing demand from fitness channels, manufacturers of sports supplements are developing a range of amino acid-based products. For example, many companies have expanded their product offerings by introducing a revolutionary BCCA functional beverage that supports muscle healing.

Lysine is necessary for hormone, antibody, and enzyme regulation, as well as injury and operation recovery, muscle development, bone strength maintenance, and bone strength maintenance. The market for these acids is expected to expand as glutamic acid is increasingly employed as a savoury component in a variety of foods and beverages, including sauces, snacks, and ready-to-eat soups. The increased demand for amino acids as functional foods and the expanding use of glutamic acid as a flavour enhancer in a variety of foods and beverages are expected to drive market growth in the coming years.

Amino acids have a wide range of applications, from flavour generation and preservation to functioning as a nutrient or protein building block to speciality chemicals such as aspartame. These applications are expected to boost the sector.

However, strict regulatory regulations on the amount and purity of amino acids that should be eaten daily in supplements, particularly in Western countries, are expected to stymie market growth. Alternative protein sources, grain price volatility, and the regulatory environment are all issues that the food amino acid market must address.

Market Segmentation:

The food amino acids market can be segmented based on various factors such as type, source, form, application, and region. Here is a list of some of the common segments used to analyze the food amino acids market:

By Type:
Glutamic acid
Lysine
Tryptophan
Methionine
Threonine
Others (including valine, leucine, isoleucine, phenylalanine, and histidine)
By Source:
Animal-based amino acids (derived from animal sources such as meat, fish, and dairy)
Plant-based amino acids (derived from plant sources such as soy, peas, and rice)
By Form:
Powder
Liquid
Granules
By Application:
Food and Beverages (including bakery, confectionery, dairy, meat, and poultry products)
Dietary supplements
Pharmaceuticals
Animal Feed
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Segmenting the food amino acids market helps to identify trends, demand patterns, and opportunities in each segment. This information is useful for manufacturers, suppliers, and investors to make informed decisions about their product offerings and investments.

Competitive Landscape:

List of some of the major players in the global food amino acids market:

Ajinomoto Co., Inc.
Kyowa Hakko Bio Co., Ltd.
CJ CheilJedang
Evonik Industries AG
Fufeng Group Limited
Archer Daniels Midland Company
Cargill, Incorporated
Novus International, Inc.
Global Bio-Chem Technology Group Company Limited
Prinova Group LLC
Sunrise Nutrachem Group Co., Ltd.
Sigma-Aldrich Corporation
Tianjin Tianan Pharmaceuticals Co., Ltd.
Wuxi Jinghai Amino Acid Co., Ltd.
Amino GmbH
These companies are involved in the production, distribution, and marketing of amino acids used in food and beverage products, dietary supplements, pharmaceuticals, and animal feed. They operate globally and often compete with each other on the basis of quality, price, and innovation.

Why to buy this Report?

The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

§ Business Model

§ Production Capacity, Revenue, Sales, Gross Margin

§ Key Business Strategy

§ SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

§ Company Share Analysis from 2018-2022

§ Company Analysis by Revenue and Sales

§ Company Production Capacity, Gross Margin

§ Company Share Analysis by Application/End Use

§ Company Share Analysis by Product/Specification

Key Points:
Define, describe and forecast Food Amino Acids product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030

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